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Exxon Mobil Corporation Message Board

  • redwingtiger redwingtiger Oct 5, 1999 9:42 AM Flag

    exxon email?

    Hey Tigers, noticed this morning that some Mobil folks have your email addresses in our Lotus Notes Mail addreess books Is the same true on your end?

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    • we use Microsoft Outlook -- no Mobil email addys
      as of yet. then again, if I was at work today I
      wouldn't be able to respond to this message since internet
      access is extremely restricted at xon (no desktop access
      for most folks). even if you've got access, logging
      on to a site like yahoo for non-business purposes is
      a terminable offense...hope you Mobilites who
      choose to come over aren't too attached to your 9/80
      work schedule or annual bonuses, cause they're gone.
      get ready for a string of salary treatments that
      might beat inflation on a good year, and hope you
      remember your last promotion, since 8-10+ yrs between
      promotions is not uncommon at xon. if you can, take the
      money and RUN!!!!

      • 4 Replies to sick_tiger
      • Gee - I must work for a totally different Exxon.
        All the ranting on this board and the MOB board makes
        Exxon out to be the worst company in the world! I know
        that there are times that promotions don't come for
        years and raises are not the greatest, but I have never
        gone a year without a raise and promotions have been
        quite generous (I started out as a non-exempt.) And I
        can honestly say that I don't kiss butt. In fact one
        of my supervisors told me that I wasn't political
        enough and I told him that is not my style. Like it or
        leave it.

        Anyway, even though I am nervous
        about what is to be, I hope to be a part of it anyway.
        I have worked with Mobil employees on committees
        and at conferences and found them to be just as
        dedicated as anyone I know at Exxon and very nice to work
        with. Most people are afraid of change and if I have to
        go find another job, it is just another challenge to
        face, just like the challenge of combining two
        companies. Good luck to everyone! I am looking forward to
        working with you (hopefully!) We have a lot to learn from
        each other.

      • With any kind of luck, some of Mobil's policies may be adopted and you'll be shocked to find that a company can treat you like a
        human being.(No group hugs,just insentive.)

      • at the number of Mobil folks that do not not want to work for Xon. Doesn't sound like a very forward thinking company to have telephones, yet ??

      • The Exxon culture is little different than our
        own. Bonus? What is a bonus? In recent years with
        "Best Practice Metrics" - which we all recognize as an
        ambiguous set of intagables, it is impossible to accurately
        predict your "piece of the pie". You are absolutely
        correct on your time line for promotions. 9/80's are a
        relatively recent phenomenon and are not a major concern to
        most folks. Despite your cheery assesment of life
        inside Exxon, I'm looking forward to it.

    • Yes, it is true.

    • Mobil e-mail addresses in Outlook global address directory - in Services group

    • I checked this morning and I have access to all of my Mobil contacts in our Outlook system. Looks like it's a soon to be done deal. Wonder when, we will hear the announcement?

    • Merger questions push Exxon stock down

      By Dianne Solis / The Dallas Morning News

      value of Exxon Corp. stock has fallen nearly
      percent since it peaked at $87.25 in May. It closed
      $72.19 Tuesday, down 81 cents.

      Like others in the
      industry, analysts say, Irving-based
      Exxon is being
      hammered as crude oil reaches a
      price point that is
      triggering computerized institutional
      trading in the
      companies' shares.

      But it is the uncertainty about
      Exxon's proposed
      merger with Mobil Corp. that has
      investors skittish,
      some analysts

      "Uncertainty is the worst thing for investors," said
      Gheit, an energy analyst with Fahnestock &
      Co., an
      investment research firm in New York.
      "Investors don't
      really care how much flesh the
      regulators are going
      to carve out of Exxon and
      Mobil. But they want
      the process of nibbling over."

      West Texas
      Intermediate oil pierced the magic
      trading level of $25 a
      barrel late last month on the
      New York Mercantile
      Exchange. But it's been sliding
      and closed Tuesday at
      $23.45 a barrel, down 31 cents.

      In mid-September,
      Exxon closed at nearly $80 a
      share. Mobil, likewise,
      fell 2 percent on Tuesday, or
      $1.88, to close at
      $94.63. Mobil, based in Fairfax,
      Va., traded as high
      as $106 a share in early September.

      spokesman Edward Burwell said he remains
      confident that
      regulatory approval is imminent. Mr.
      Burwell wouldn't
      comment on Exxon's sagging stock price.

      Washington, a spokeswoman at the Federal Trade
      declined to comment.

      Lawyers familiar with the
      Exxon negotiations have
      said that the delay has been
      caused by Exxon's
      refusal to shed assets, principally
      gas stations in the
      Northeast, a refinery in
      California and a pipeline
      property in the Southeast.
      Regulators had threatened
      to block Exxon's buyout of
      Mobil through a court
      injunction, unless the firms
      agreed to significant
      divestitures by Sept. 29. As of
      last week, progress
      was being made, lawyers
      familiar with negotiations said.

      Wall Street fears
      that regulators may extract too
      many concessions,
      hurting efficiencies that Exxon
      expects to achieve
      through the merger, said energy
      analyst Kate Warne of
      Edward Jones brokerage in
      St. Louis.

      In recent
      weeks, some analysts trimmed Exxon's
      earnings estimates to 62 cents a share,
      compared with
      58 cents in the year-ago period, said
      director Chuck Hill of First Call.

    • Raymond continues his relentless devaluation of
      MOB & XON due to vanity issues. Noto stands in the
      corner like a hostage, careful not to remind Raymond of
      the pain and suffering he's inflicting on countless
      retirees. The greatest squandered opportunity since the
      advent of the industrial revolution is upon them, and
      only the apologists can speak.

    • What would Raymonds salary be...If he were paid
      for performance ? The management team he has
      surrounded himself with must really be stooges to be able to
      ignore the fact that the price of XON's underlying
      comoditiy has doubled in price, gas is up 20 - 30 % at the
      pump, and still the loses mount. One man killing 2
      companies this big, this quick is unprecedented and will be
      a case study for years to come.

    • all of the other majors are up significantly today except xon?
      Hmmm, could it be that the big boys know something that we peons don't know? My guess is that earnings are going to be a disaster.

    • than most large companies with lots of people on
      the payroll. Exxon has used forced ranking (otherwise
      known as relative performance assessment) over my 30+
      year career. It's certainly not a perfect or fair
      system - but, not sure what could/should replace

      Forced ranking results in dividing up the payroll budget
      based on which quintile of the final rank group a
      person is placed in. The amount and frequency varies
      based on quintile,time in grade and a subjective
      "potential" assigned to each individual. The frequency varies
      from 12 months to not at all. As an individual moves
      through quintiles based on performance relative to others
      in his/her general line of work the amount and
      frequency varies.

      This approach does not apply to
      those in the "unclassified" levels (level 31 and up). I
      think their increases are applied based on divine

      I would agree that it would be very unusual for an
      employee to receive a salary increase every 12 months for
      an entire career but it's possible. Most likely
      scenario is that it varies and that most normal (level 30
      and below) employees will have a "skip year" from
      time-to-time during which they will not receive a salary

    • Other oil majors are up today. XON is probably a little late to react. We shall see some nice gain later this after. XON is way over sold!

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