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Houston..we have a problem....

7,350,058 Views | 28791 Replies | Last: 2 days ago by one MEEN Ag
SpreadsheetAg
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In reply to htxag09 • 6:50p, 10/25/24
AG
htxag09 said:
Wiggletrace said:
Can you share who the company is? I just accepted an offer from a company with the same schedule…

Lots of companies have that schedule….


I also have that schedule (M&F WFH; T-TH at office; 9/80)...
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JJWAGGIE
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In reply to SpreadsheetAg • 7:45p, 10/25/24
AG
Same here… love it. We are small company so easy to manage but I couldn't go back to 5 days in office.
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dahouse
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9:36p, 10/25/24
AG
We have Mon/Fri home and Tue-Thu in office. Everyone loves it. I have projects so I'm in the field a bunch anyway but it's been great.

HR codified it in the company handbook so when we eventually sell to a new investor it's grandfathered in.
Cody
Fightin Texas Aggie c/o 04
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idAg09
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In reply to htxag09 • 2:58p, 10/26/24
htxag09 said:
Wiggletrace said:
Can you share who the company is? I just accepted an offer from a company with the same schedule…

Lots of companies have that schedule….


Traffic on 290 confirms this. Tuesday has been the worse day for traffic, followed by Wednesday
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Comeby!
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In reply to dahouse • 2:59p, 10/26/24
AG
The money does what the money wants
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EnglishElhew07
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In reply to dahouse • 5:06p, 10/26/24
I don't think that HR writing it in the handbook will make any difference to who ever acquires you.
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dahouse
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In reply to EnglishElhew07 • 5:16p, 10/26/24
AG
Ha! You're right, whoever has the gold makes the rules. I guess we'll burn that bridge down the road once we get big enough
Cody
Fightin Texas Aggie c/o 04
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PeekingDuck
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In reply to EnglishElhew07 • 11:25a, 10/28/24
AG
EnglishElhew07 said:
I don't think that HR writing it in the handbook will make any difference to who ever acquires you.
What HR?
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Ag CPA
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2:01p, 10/28/24
AG
WTI down 6% and back below $70, probably due to Iran's energy infrastructure being spared. Seems like it has been awhile since we've had a move down like this.

ETA: Looks like has been two years per CNBC.
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K_P
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In reply to EnglishElhew07 • 3:48p, 10/28/24
AG
EnglishElhew07 said:
I don't think that HR writing it in the handbook will make any difference to who ever acquires you.
A material change to work schedule could be the 2nd trigger on a change of control policy
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Comeby!
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In reply to K_P • 5:44p, 10/28/24
AG
Only if you have an employment contract with that specific language in it.
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TombstoneTex
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7:42p, 10/28/24
AG
As someone who has had to work 5 days a week downtown since June of 2020 I'm praying everyone else gets to keep their hybrid schedules for the sake of my commute.
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Bibendum 86
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In reply to Comeby! • 10:12p, 10/28/24
AG
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Cyp0111
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In reply to Bibendum 86 • 10:30p, 10/28/24
We go at it but good for you. That's awesome
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Dreigh
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In reply to Ag CPA • 11:03a, 10/29/24
Ag CPA said:
WTI down 6% and back below $70, probably due to Iran's energy infrastructure being spared. Seems like it has been awhile since we've had a move down like this.

ETA: Looks like has been two years per CNBC.


So much FUD influencing volatility of oil. I hope having the election behind, whatever the result, is one less variable to amplify the chop.
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Bibendum 86
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In reply to Cyp0111 • 9:09p, 10/29/24
AG
Cyp0111 said:
We go at it but good for you. That's awesome
very nice of you to say so. Pesek is still a buffoon, though.
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PeekingDuck
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4:41p, 11/4/24
AG
Hearing some chatter at Chevron about schedules and reductions... don't work there, just noise.
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nosoupforyou
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5:27p, 11/4/24
AG
TRP and Diamondback swap assets - congrats to TRP on the sale
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Aggie71013
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In reply to PeekingDuck • 8:28p, 11/4/24
AG
Announced $2-3 Billion in structural cost reductions by 2026 in their 3Q earnings call on Friday.

Transcript excerpt:

"These cost savings will largely come from optimizing the portfolio, leveraging technology to enhance productivity, and changing how and where work is performed,including the expanded use of Global Capability Centers."
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Comeby!
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In reply to Aggie71013 • 8:42p, 11/4/24
AG
Aggie71013 said:
Announced $2-3 Billion in structural cost reductions by 2026 in their 3Q earnings call on Friday.

Transcript excerpt:

"These cost savings will largely come from optimizing the portfolio, leveraging technology to enhance productivity, and changing how and where work is performed,including the expanded use of Global Capability Centers."


What does this mean for real? Lol
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Bibendum 86
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In reply to Comeby! • 8:57p, 11/4/24
AG
That means that there's a whole bunch of people in Bangalore about to get new polo shirts.
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tamuags08
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9:07p, 11/4/24
AG
Yea. Global capacity centers is basically translation to "India".
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cena05
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In reply to TombstoneTex • 9:14p, 11/4/24
AG
Hilcorp?
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Charlie Murphy
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In reply to Bibendum 86 • 11:25a, 11/5/24
Invest in India real estate while you can!
Welcome to the China Club

"Here's the pitch...POPPED it up! Oh man, that wouldn't be a home run in a phone booth."
-Harry Carey
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bkag9824
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In reply to PeekingDuck • 7:41p, 11/6/24
AG
PeekingDuck said:
Hearing some chatter at Chevron about schedules and reductions... don't work there, just noise.


Nothing confirmed or made public but "the noise" is a healthy cut in personnel with a nice sprinkling of offshoring to the aforementioned India.
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Caliber
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7:06p, 11/7/24
AG
Can't say that looks good for Wood group...


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TombstoneTex
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In reply to cena05 • 8:22a, 11/9/24
AG
cena05 said:
Hilcorp?


EPD
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htxag09
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12:28p, 11/11/24
AG
My company just announced we have to be in the office Monday - Thursday.

Public E&P.

Seems the wave is coming.....at least we still get our remote Fridays.
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donkeykick90
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In reply to htxag09 • 1:05p, 11/11/24
AG
htxag09 said:
My company just announced we have to be in the office Monday - Thursday.

Public E&P.

Seems the wave is coming.....at least we still get our remote Fridays.
Lame
Clear Eyes. Full Heart. Might Lose
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El Chupacabra
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In reply to txaggie_08 • 1:31p, 11/11/24
txaggie_08 said:
They are, starting 1/1, and also going through the organization to see where there are "inefficiencies" and where they can reduce workforce.
Bringing in McKinsey?
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Ogre09
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2:35p, 11/11/24
AG
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Comeby!
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In reply to El Chupacabra • 5:19p, 11/11/24
AG
El Chupacabra said:
txaggie_08 said:
They are, starting 1/1, and also going through the organization to see where there are "inefficiencies" and where they can reduce workforce.
Bringing in McKinsey?


Or A&M
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Sims
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In reply to Comeby! • 8:33a, 11/12/24
AG
Comeby! said:
El Chupacabra said:
txaggie_08 said:
They are, starting 1/1, and also going through the organization to see where there are "inefficiencies" and where they can reduce workforce.
Bringing in McKinsey?


Or A&M
Woods read again?
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RABAg04
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8:34a, 11/22/24
AG
COP MRO deal closed today
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nosoupforyou
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8:42a, 11/22/24
AG
https://www.conocophillips.com/news-media/story/conocophillips-completes-acquisition-of-marathon-oil-corporation/?utm_source=MRO&utm_medium=osocial

That was a 6 month ordeal for MRO/COP - it was announced May 29.

Soooo - what's the next domino to fall in the A&D world?
[IMG]http://i.imgur.com/oezgsPJs.jpg[/IMG]
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