Built to satisfy an EGO
Topics regarding layoffs at Devon Energy Corp.
As a former laid off employee. I'm glad i haven't had to experience the environment created by the last few years. But I knew the willpower and determination of the remaining few would prevail, so i invested at the low. You guys/gals did a great... — read more
What are the layoff numbers looking like now folks? More?! Of course! So the total number of Devon employees is...872 right now?
What happened to the German? Why fired? Corp drilling. Too insensitive? Not enough diversity?
Can't wait to see the dance JofH with his slides and sidekicks. How do you surpess the smell coming from his pants as he does the classic redesign the operation waltz? The Tower looks so beautiful this morning!
Devon Energy announced it was cutting Capex by an additional $300 million, citing weak oil prices.
Time to celebrate. Do not forget your hard hats cowboys.
Devon Energy — Shares of the oil exploration and production company slid more than 14% as crude prices continue to fall. Apache and Halliburton were among the other decliners in the sector, shedding 13% and 11%, respectively. Energy is the... — read more
Just putting the finishing touches on my day 5 working from home, doing a job that was previously said It was unable to be done outside the tower. Magic! This is the way.
Pass the cauliflower, take a swig of whiskey sour......I hear the tower may be sold to someone named Eisenhower?....
Hello to my friends at devon. Its ole wide here dropping in to let you know i will be self quarantining as i may have been around someone who is infected with the covid 19 virus. This extreme sacrifice stems from my compromised immune system. You... — read more
Devon will be debt free in 4 years we making lots of oil we have some really smart people working here They help out our community our schools I’m just glad to be a devon employee!!
This is a frank question. Thinking through scenarios and this one seems more and more plausible nowadays... Every day is different though, panic - calm - panic - calm
Got a sweet severance package and a new, stable, job after a couple weeks. Can’t say I feel sorry for those still at Devon who will get nothing. Enjoy the ride mofos.
2015 all over again. OPEC talks failed and Saudis are pushing to regain market share. If this holds for even a short period, many shale producers will go under. WTI $30
How long will Devon Energy have to post the Financial Analyst job reporting to JP, aka Mr. CFA? This job has been repeatedly posted on Devon job board and LinkedIn for over a year now. Answer: Forever. No one wants to work under this person... — read more
25 year return: 106.86% 20 year return: -10.54% 15 year return: -54.51% 10 year return: -66.29% 5 year return: -63.99% 1 year return: -20.03% YTD return: -15.78% S&P 500, 25 Year Return: 544.19% Congrats Devon Shareholders and... — read more
AP is pathetic. So many people laid off and on top of that people are starting to quit. They push automation down everyone's throats and everyone hates it. When will it be outsourced?
I guess the BOD is content to just sit back and watch DH destroy this Co. He has sold off everything he can, and yet the stock price still languishes.
This says it all. Devon squanders the big Trump tax cut buy paying off debt. Then they use proceeds from Barnett sale to buy back stock rather than invest in new opportunities. And they wonder why they can’t get funding to drill and the stock price... — read more
Layoffs are going down this Wednesday. I hope I get chosen! Good luck to everyone at The Reaping!
Can someone explain Devon's long-term strategy, please? I don't get it. Dying on the vine doesn't seem like a viable plan, but it sure seems like that's the company's direction. Maybe it will just buy back all its own stock and the board of... — read more
What has become of such a great company. When JC sold to Devon, just like all of us he envisioned his Co. was in good hands. The Canadian portion sold for pennies on the dollar. I was a Devon loyalist, and if it was what was best for Devon then so be... — read more
Slowly dismantling a great Co one piece at a time.
having done business with CHK AND DEVON for decades and having been a long time oil producer in 8 states, my view is Devon has followed a similar path in operation style to CHK. Wasting money at every juncture, horrible high cost operations in the... — read more
Follow the money. Chesapeake here we come. https://www.nasdaq.com/market-activity/stocks/dvn/institutional-holdings https://finance.yahoo.com/news/hedge-funds-selling-devon-energy-185559432.html "Heading into the third quarter of 2019, a... — read more
This group could easily be outsourced and save the company several million a year. EASILY. I’ve heard everyone in AP wants out so it’s a win-win.
Anyone know when the Barnett Sale will close?
I’ve been in AP for several years and I LOVE it here!! I have had so many growth opportunities in AP and it really is the greatest, most rewarding group in the company! Every day I walk into work I am exhilarated for the new challenges! When... — read more
Great googly moogly! If you're still there (and I seriously question why you would be), get out of there asap! Waiting for a severance package (and a Christmas bonus) ain't worth it!
I wonder if that means he’ll get extra gold for his parachute...
Later this week?