I see lots of complaints about pay, bonuses, and leadership. Who do you see as the best oil and gas competitors in Houston?
31 replies (most recent on top)
Saudi Aramco? BP?
@7pbs, enterprise value... how does it work?
Exxon bought Pioneer,
AND we bought Hess for Guyana operated by Exxon.
Enough said on who’s better, we want to ride their coattails, because we don’t know how to find and develop oil. We are nothing but a bank funding their development and reaping rewards.
All our id--ts at CTC haven’t produced a damn thing.
And our great projects team can’t put a damn schedule and cost correctly. Always late and over budget. We can’t rub two pennies together.
Want more examples? Exxon is actually doing low carbon, bought Denbury has clients who will pay money to sequester. Is producing Hydrogen.
Us ? We like smelling our own farts. Can we get rid of our Woke Californians and DEI leaders like PB and all and put some business men from Texas to run the damn thing.
I think we should hire some from Exxon top management and get them to clean out act
Vitol
Then why is Chevron's stock so much higher than exxon
Chevron is a follower, not a leader. Innovation is not synonymous with Chevron. Monkey see, monkey do - That is Chevron.
@5lpg, Hmmm. Problem solvers? At least for upstream, over the last 50 years there's a number of new concepts and truly innovative changes in the industry that came out of Exxon. I think we'd all be hard-pressed to come up with any that came out of Chevron -
maybe Techron?. Exxon senior staff are known throughout the industry; Chevron Fellows are only known to themselves, and, quite honestly, aren't even well known within Chevron.
Thank you sir, this IS a Wendy’s.
Strongest competitor in Houston? Wendy’s of course. They can make tasty burger today and when you go back to the same restaurant location a year later, it will taste equally as good. That’s known as quality control. Now take the example I just mentioned and tell me if Chevron can replicate this kind of quality control and discipline after 1 year? Nope, the strongest competitor in Houston is Wendy’s.
Exxon people are great at following a play book. Make them problem solve and they call in the expert. The average Exxon person does not even understand why they are doing what they are doing they follow the play book.
Yea, that's ,correct, XOM has a different caliber of employee on average and their presence on this site is miniscule compared to CVX. The CVX are basically "layoff material" from the moment that they get hired on. That's apparent by the number of posters here. This is essentially the Chevron employees group chat & info site. For the people posting here, it's not a matter of if, only when. Tick, tock, tick, tock.......
Have worked JV with ExxonMobil and had thier people provide pmp input on chevron folks.....in every case very low scores for chevron folks recommendation to terminate. Yes no chevroid will survive at ExxonMobil, especially our woke stars
Exxon strictly hires from the A list. Fierce competitors. Type A personalities. Disciplined thinkers. Hard workers. Most Chevroids wouldn’t survive a week there.
Bang on - California culture vs Texas - no WOKE things in Exxon vs. us and we just woke up to it. They have been 5 days in office since May 2020 to give you perspective.
Exxon doesn't tolerate nonsense too much. You either meet your targets or you are replaced with someone who can.
Go to Exxon. Their base pay is much higher, so you don’t have to worry about CIP. However, they don’t have RTO, and also make you earn your $, no BS all business.
@2tlm, yes, the problem with Chevron employees is that they were hired straight out of college and have never worked for any other company. Smaller companies are a mix of people who have worked for other companies (smaller companies rarely do collegiate hiring, preferring to poach experience from other companies). They bring best practices which can be compared and honed against others' best practices. In other words, the very "diverse" atmosphere Chevron attempts to achieve through (you guessed it), collegiate hiring.
If you are not applying to better positions elsewhere every 3-5 years, your career is probably stagnating. If you move to a smaller company, you can normally get 1-2 PSG bump. A Chevron VP/EVP can be CEO at a smaller company (and several have!). GMs can be EVPs, managers can be GMs, worker bees can be advisor worker bees, etc.
@1sen - perfectly explained.
The thing is,... most at Chevron don't realise this truth. They think they are the leaders in all ways and have never experienced anything else. It is an echo chamber of delusional folks telling each other the same stories about being the cream of the crop.
At any "big company" in town you sacrifice pay, bonus, and leadership for job security. At Chevron you "can take a few years off" or "disappear into the woodwork" and still be collecting paychecks and 401(k) contributions for a long time. At smaller companies, you perform or you're gone. If you want leadership, it's not in big companies where they have career bureaucrats in charge who have rarely accomplished anything tangible. For smaller companies, google the bios of their leaders and look for innovation and results. Their management typically change companies frequently and are well compensated for results. They also stimulate an environment of challenge and accomplishment. "Fast lane" stuff, if that's not the challenge you're seeking, stick with Chevron where you can attend network meetings and volunteer at the Houston Food Bank during working hours.
exxon
Aha! so we know the OP here is in Houston? who are you...
What are yall doing working at Chevron if the pay , bonuses and leadership is so much better at the competitors? Couldn't get a job anywhere else because they wouldn't hire you? Can't imagine why the likes of the layoff site crowd would have to settle for the lower paying employer with the low offers.
If you have to get career advice from this board then they wouldnt hire you anyways.
Marathon
OXY pays better I have heard.
Hilcorp is amazing. A few years back they had an production target which was met and everyone in the company got a shiny new SUV. The production target was increased, met again and bonuses grew to $100,000 for every single employee, from cafeteria slop slinger to PhD engineer.
Bonuses (cash and stock) are both CONSIDERABLY better at EOG, and the pay is only slightly worse.
Walmart gas stations?
Sir, this is a Wendy’s
Circle K