ConocoPhillips Reviews | Glassdoor

ConocoPhillips Reviews

Updated July 8, 2017
44 reviews

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1.0
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ConocoPhillips Chairman & CEO Ryan M. Lance
Ryan M. Lance
20 Ratings

44 Employee Reviews

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Pros
Cons
  • Company does not seem to be on the cutting edge of the oil and gas industry (in 25 reviews)

  • Prepare for layoffs when the oil prices go down (in 31 reviews)

More Pros and Cons

  1. Helpful (1)

    "Long on Advertising, Short on Actuals"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at ConocoPhillips full-time (More than 10 years)

    Pros

    two on and two off schedule associated with North Slope Work

    Cons

    Independent, creative thinkers need not apply here!

    If you are not part of the inside group with this organization you will not be happy here, and by inside group I mean the employees in the downtown office who have been with the company at least 20 years. New ideas are not welcome unless they are generated down-town in this group. Individuals who bring new ideas to the table and who do not belong to this downtown club will be labeled non-team players, etc.

    They do not seem to really care about their people either, I know of one individual who was laid off while at home recovering from surgery brought on by on the job injuries - this individual had provided the company at least 500,000 barrels of extra documented production the year before with their innovative ideas and operational approaches. Their surgeon had provided a full recovery prognosis!

    Advice to Management

    Really listen to your people, no matter how painful and difficult it is - not just through task forces, cost cutting groups, etc. You need to keep the independent thinkers to survive and prosper in the lean times.


  2. "Ridiculous industry"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Tax Specialist in Bartlesville, OK
    Former Employee - Tax Specialist in Bartlesville, OK
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at ConocoPhillips full-time (More than a year)

    Pros

    When the economy is good the pay and benefits are fantastic! The New Hire organization put together some fun events and was probably the highlight of my tenure.

    Cons

    All levels of management have no concept of loyalty to their employees. If you're not accepted as part of the "in" crowd, you might as well start looking for your post-layoff career. The environment is extremely political and stuffy. They will money-whip you to get you in the door, and then treat you like garbage as long as you're willing to come to work every day and deal with the stress of "will my position be eliminated today?"

    Advice to Management

    Learn the concept of loyalty. If you're going to lay off lower level employees, it doesn't help to save the money you intended when you have to replace 3 employees in the same group because others left fearing the next round of layoffs.

  3. "Ok Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Procurement Error Resolution Associate in Bartlesville, OK
    Former Employee - Procurement Error Resolution Associate in Bartlesville, OK
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at ConocoPhillips (More than 3 years)

    Pros

    Good Benefits and great work/life balance

    Cons

    Layoffs happen way too often


  4. Helpful (1)

    "Human Resources"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Compensation and benefits are great.

    Cons

    Politics are out of control. Senior management lacks vision, especially during oil market downturn. Having a very difficult time getting through it and employees are paying the price.
    Current HR leadership (post 2015 changes)is suspect at best, out for their own personal gain at all costs. When HR has become dog eat dog, it spells doom for all employees.

    Advice to Management

    Resist the temptation to ramp back up to a level that is not sustainable during low prices. Learn to run lean! And if you are going to keep SPIRIT values, learn to truly live and operate by them. Values that are just words mean nothing, do nothing, shape nothing.


  5. "Facilities engr"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at ConocoPhillips full-time (More than a year)

    Pros

    Great benefits, however these were recently reduced after the downturn. Global company. Great culture when oil was high.

    Cons

    Company does not value the people working there. The culture has been compromised all for the save of making money.


  6. Helpful (1)

    "horrible place to work."

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Pay was decent. I made $8.50/hr

    Cons

    The building was dirty, problems took forever to be fixed, drama with management, only the cashiers did team work. The district manager disnt even care about the problems


  7. Helpful (1)

    "As ye sow, so shall ye reap"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Houston, TX
    Former Employee - Anonymous Employee in Houston, TX
    Doesn't Recommend
    Negative Outlook

    I worked at ConocoPhillips (More than 8 years)

    Pros

    Large oil company with global opportunities. The new CEO, Ryan Lance, has his hands full and is doing the best he can with a lousy situation largely created by the prior CEO, Jim Mulva.

    Cons

    The prior CEO was less than competent when it came to succession management and leadership development; his constant firing and churning of the upstream leadership and risk aversion led to sub-optimized investment performance. As a result of the $34B writedown of 2009, he was named the worst CEO of the first decade of this century by Business Week magazine. Rightly so. He paid too much for assets (he preferred to by oil & gas reserves since he couldn't find any), ran off talented middle & senior level management, dis-incentivized the organic development of new assets (hasn't found any new oil in 16 years), developed no deepwater capabilities, alienated petroleum engineers and geologists, kept investment strategy secret (even to his own staff), sold off valuable assets, kept lousy assets despite good offers and split the integrated company right before the inevitable cyclical downturn of the oil & gas industry. This has left a husk of an upstream company which is incapable of operating like a smaller independent oil company, is struggling to retain what little talent is left and is scraping for investment cash flows (cut the dividend last month).

    Advice to Management

    Sell off many of the assets to companies better suited to manage them, keep a core of assets around which to rebuild the company as an independent oil company and fire the finance leadership that put you in this bind.

  8. "Manager"

    StarStarStarStarStar
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Management in Glendale, CA
    Current Employee - Management in Glendale, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at ConocoPhillips full-time (More than 10 years)

    Pros

    Coaching my employees provide excellent customer service

    Cons

    Some of the locations need upgrading. The company is in the process of renovating them

    Advice to Management

    Treat your employees with your fullest respect


  9. Helpful (1)

    "poor leadership"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Legal in Missouri City, TX
    Former Employee - Legal in Missouri City, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at ConocoPhillips full-time (More than 10 years)

    Pros

    salary, benefits, work independently, great benefits, 19/30 program is a plus

    Cons

    culture has changed since the split with Phillips 66. Morale is at an all time low and as a result the competitiveness of fellow employees has spiraled out of control. It is not a positive place to work

    Advice to Management

    Interact with your employees, make sure they feel valued and important. The days of valuing all people are long since gone.


  10. Helpful (3)

    "What was once a great company is quickly dwindling..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Production Engineer in Houston, TX
    Current Employee - Production Engineer in Houston, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at ConocoPhillips full-time (More than 3 years)

    Pros

    Benefits are great (though rumor has it that they may be changing) and pay is pretty good too (though a bit lower than other independent companies). Culture was great, though low-commodity pricing has lowered employee morale and the way employees truly used to care for one another (people do crazy things just to keep the job).

    Cons

    From the beginning of the year, the low commodity pricing has had a HUGE impact on the company. From the company withholding annual raises, retention bonuses, promotions, relocations, etc all in the name of not having to do layoffs, the company STILL conducted multiple layoffs. The first round supposedly was based on performance, but it has become evident though other rounds that it is surely a game of politics--with those having good relationships with people of power sticking around and those who don't (despite great performance and high ratings) being let go. It is now a high stress environment, with those of us remaining not knowing our fate. There are certainly good people still around, if you happened to be in the right place (group still actively performing work) at the right time, but there are many people still present who most certainly should be gone.

    Advice to Management

    Don't just say you are being transparent, actually DO it! Rather than telling employees "the company is well positioned and can handle prices down to $40/bbl and that there won't be any layoffs," tell employees: "We messed up, we didn't plan well, we weren't forward thinking enough, we're going to have to sell off a lot of our assets to be able to sustain ourselves, and we're going to have to let a lot of people go." You really need to work on planning. Just last year at Engineering Academy, you boasted about all the efforts you had made and were continuing to make through 2017 to hire more people. Why would you do that if we are overstaffed to begin with? Just curious...


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