• Business
    • Aerospace
    • Biotech
    • ESG
    • Real Estate
    • Retirement
  • Investing
    • Hedge Funds
    • Investor Presentations
    • Quantitative Investing
    • Technical Analysis
    • Tesla
  • Macroeconomics
    • Central Banks
    • China
    • Gold
    • Politics
  • Stocks
  • Politics
  • Real Estate
  • Energy
    • Oil and gas
Sign in
Welcome!Log into your account
Forgot your password?
Password recovery
Recover your password
Search
  • Home
  • Business
  • Advertise
  • Investing
  • Economics
  • Energy
  • Advertise
  • The Stonk Market Newsletter
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
The Stonk Market
  • Business
    • AllAerospaceBiotechESGReal EstateRetirement
      Gaming

      What Major Technological development is slated to impact the gaming industry…

      Trump Demands that a Sex Tape of Hunter Biden and Mayor…

      Chris Rock Declines to file police charges because he also slept…

      The New Poor, Making Under $300K

  • Investing
    • AllHedge FundsInvestor PresentationsQuantitative InvestingTechnical AnalysisTesla
      Apes together strong

      “Apes together strong” declared a racist dog-whistle by the Southern Poverty…

      Meme Stocks

      Wobbling Moon could spell disaster for Meme Stocks GameStop and AMC

      BlackRock

      BlackRock celebrates LGBTQ+ pride month by increasing single-family home rents 30%

      Lambo Plywood

      Saudi Prince plates Lamborghini Huracán in ½ inch plywood in brazen…

  • Macroeconomics
    • AllCentral BanksChinaGoldPolitics

      Apple plans on banning flag for Russian emoji

      Desperate, Trudeau threatens to cut off food and water from truckers

      OnlyFans, Jerome Powell

      The Fed Switches to the Crypto Standard to Speed up Inflation

      OnlyFans, Jerome Powell

      Powell: “I would rather die than let Tech crash; the Fed…

  • Stocks
    • Apes together strong

      “Apes together strong” declared a racist dog-whistle by the Southern Poverty…

      Simone Biles

      Simone Biles’ disastrous GameStop stock loss is the root of her…

      Divorce Options

      Recently Divorced Man Says His Options Aren’t Looking Good, And Will…

      AMC leaked email

      AMC CEO Begs HBO For Mercy In Leaked Email “Please, No…

      Joe Biden GameStop Calls

      Joe Biden To Send Out $2,000 Worthless OTM GME Calls Instead…

  • Politics
    • Desperate, Trudeau threatens to cut off food and water from truckers

      Let's go Brandon

      NASCAR Driver Brandon Brown Disappointed Fans Were Actually Not Cheering For…

      Hunter Biden Sex Tape

      Hunter Biden Permanently Banned From The Netherlands After MDMA-Induced Rant

      Approval Ratings

      President Biden’s Staff Torn Between Starting A War or Legalizing Marijuana…

      DeSantis

      Florida Governor Ron DeSantis Set to Legalize Meth in Move to…

  • Real Estate
    • California’s ‘Appropriative Zephyr Rights’

      BlackRock

      BlackRock celebrates LGBTQ+ pride month by increasing single-family home rents 30%

      Landlord

      Area Landlord has Public Meltdown after Tenant Rejects 30-percent Rent Spike

      Landlords

      U.S. Corporate Landlords Hosting “Tenant Deathpool”: Report Finds Organized COVID-19 Eviction…

      Quicken Loans

      Quicken Loans now accepting first-born child as down payment for new…

  • Energy
    • AllOil and gas

      California’s ‘Appropriative Zephyr Rights’

      gas prices

      Rising Gas Prices Decried As “Racist, Classist, Sexist, Capitalist Evil”

      Continental Resources SPAC

      Continental Resources launches SPAC to purchase the state of North Dakota

      Hunter Biden Sex Tape

      Hunter Biden Uses Department Of Energy Funds To Pay Gambling Debts,…

Home Energy Oxy’s second internal email to employees emerges
  • Energy
  • Oil and gas

Oxy’s second internal email to employees emerges

By
Eloise Williams
-
May 13, 2020
0
Oil well
Source: jp26jp (pixabay.com)

HOUSTON, TX – As details surface over Occidental Petroleum’s plan to reduce headcount and cut costs via their innovative Silent Auction style resignation program , a second internal email has emerged that sheds light on how departing employees will be compensated by the oil giant. In an email to the Occidental Compensation Committee, CEO Vicki Hollub proposed:

Y’all,

In lieu of cash compensation, employees can redeem their ‘compensation credits’ for any mix of the following:

  • 4.2% 2048-03 Corporate Bond (Issued to Employee at Par Value).
  • Donations, in the employees name, to any local Houston or Denver area charity.
  • OXY $90 Call 1/15/21 Option Contracts.
  • June 2020 WTI Futures Contracts (Storage arrangements obviously not included).
  • Signed documents, by myself, of Occidental’s historic acquisition of Anadarko Petroleum (I can add inscriptions – for example #StillShePersisted or #EnergyLoudEnergyProud – for an additional compensation credit).
  • Skip The Line!” TM. A Disneyland inspired program that lets the employee bypass long wait times in signing up for and accessing much needed government benefit programs.
  • Anadarko Petroleum XXL T-Shirts from prior year United Way events that we have in storage.

Further, each employee will be given a ticket and entered into a raffle. 10 lucky winners will receive shares Occidental Petroleum Common Stock (once famously, and briefly, held by The Oracle of Omaha – Warren Buffet). The grand prize winner will get to wrap their hand in tape and stick it in a jar filled with a mix of $1’s, $5, $10, and even a $100 dollar bill! Wow!

All outstanding accrued time off can be abandoned or donated to Occidental, which will use the money to plant trees in its inspiring effort to become carbon neutral by 2026.

Let me know your thoughts!

#WeAreOxy,

Vicki

This is a developing story. Please check back for further updates.

Written by Sardonic Observer

Do you want to become a Stonk Market Genius? Do you want a higher IQ? Do you want the ability to pick up chicks from random bars just by mentioning how fast you can build a DCF Model? If you answer yes to any of these, consider giving your email to me! In just a few clicks your IQ will rise by 7,000 basis points, chicks will start messaging you back and you will officially become a coveted Stonk Market Genius.

By clicking submit, you agree to share your email address with the site owner and Mailchimp to receive marketing, updates, and other emails from the site owner. Use the unsubscribe link in those emails to opt out at any time.

Processing…
Success! You're on the list.
Whoops! There was an error and we couldn't process your subscription. Please reload the page and try again.



Facebook
Twitter
Pinterest
Linkedin
Email
    Eloise Williams

    RELATED ARTICLESMORE FROM AUTHOR

    California’s ‘Appropriative Zephyr Rights’

    gas prices

    Rising Gas Prices Decried As “Racist, Classist, Sexist, Capitalist Evil”

    Continental Resources SPAC

    Continental Resources launches SPAC to purchase the state of North Dakota

    Hunter Biden Sex Tape

    Hunter Biden Uses Department Of Energy Funds To Pay Gambling Debts, Texas Freezes

    Texans winter

    Texans forced to flair their personal oil wells to stay warm battling unprecedented winter weather

    oil gulf of mexico

    Oil majors sink on news of 50,000 ton water spill in the Gulf of Mexico

    Recent Posts

    • What Major Technological development is slated to impact the gaming industry next?
    • Florida Man buys “GG Allins” Jockstrap for Long Term Investment
    • Trump Demands that a Sex Tape of Hunter Biden and Mayor of Moscow’s Wife be Released
    • How to “Pump and Dump”
    • Chris Rock Declines to file police charges because he also slept with Jada Smith
    Become a Patron!
    The Stonk Market, TSM, Stonks
    TheStonkMarket.com is a financial satire site. The site provides unique coverage on the financial industry, stocks, hedge funds and global markets. Mission: To provide daily humor and make stonks go up. We are currently looking for content creators who have an interest in financial humor. Please reach out if you have an interest.
    Contact us: eloisewilliams@thestonkmarket.com

    POPULAR POSTS

    Elementary school forced to take possession of ten million barrels of...

    April 20, 2020
    airplane over water

    Man starts airplane company last week: expecting $10 million bailout from...

    March 17, 2020
    Florida Man

    Florida man loses life savings on Luckin Coffee: pours scalding coffee...

    April 8, 2020

    Terms of use

    POPULAR CATEGORY

    • Business792
    • Investing203
    • Stocks85
    • Macroeconomics83
    • Energy79
    • Politics78
    • Cryptocurrency70
    • Oil and gas51
    • Central Banks42

    Privacy Policy Terms of use

    • Terms And Conditions
    • Privacy Policy
    © 2021 - Thestonkmarket

    Do you want to become a Stonk Market Genius? Do you want a higher IQ? Do you want the ability to pick up chicks from random bars just by mentioning how fast you can build a DCF Model? If you answer yes to any of these, consider giving your email to me! In just a few clicks your IQ will rise by 7,000 basis points, chicks will start messaging you back and you will officially become a coveted Stonk Market Genius.


    ×