Prepare for the meeting invites.

This is what is being repeated in the tower. How accurate is that?

Any news on the June 18th announcement? Does anyone have any more info on how big the layoffs are or how long they expect people to stick around and "transition"?

First Marcellus, then what?

What, exactly, did they pay a consultant millions of dollars for? Let the incompetence continue

Costs are on the rise and there is plenty of work in West Texas. What will Devon do to retain their talent? News of Houston and OKC retention bonuses will only further ruin field morale.

Layoffs can't happen now because we need retain employees to develop all this new acreage we got today!

Well well well looks like Devon bit off more than they could chew. 1 year salaries being offered to select groups in Houston to stay on in the Houston office because OKC can’t absorb it.

For the Devon side - this one should sound familiar. “Many managers actively avoid confrontation or honest feedback because it requires emotional maturity. Rather than doing the job they are paid for, these individuals let problems fester until they... — read more 

$1B is a shitload of "synergies." I've heard ~$300M of that will be G&A cuts (sic, layoffs). Doing some back of the envelope math, $300M divided by an average total comp burden of like $150-200k works out to like 1,500-2,000 jobs. He-l, even if it's... — read more 

There are no jobs, economy is going under, the entire world is in a crisis... How is that a good time to lose your job?

Let’s get the severance going as fast as the business combination. KthxBye

Despite moving hq to Houston will CG be courtside during playoffs? Commitment runs deep!

If you're getting transferred, laid off or have proof other people are, please reach out: rachel.nostrant@houstonchronicle.com I'm the oil and gas reporter, trying to keep an eye on how many people might be affected.

Rumors here in the tower is that the layoffs have begun. Seen couple folks packing up and being escorted out by security.

Let the circus begin. The Coterra name was removed already so priorities are clear

Here we go! Time to start trimming the fat. Hang on, because the ride is about to get interesting!

Coming in hard with that little d. Who doesn’t capitalize their own name. Hope y’all are ready to come join us in H Town.

I heard from reputable source, that although marketing VP GH is stationed in OKC… marketing jobs are expected to relocate to Houston office for better commercial exposure. Sorry for the facts, just want to keep people in the know so there’s no... — read more 

What’s the over/under on Kimmeridge getting all their demands? Seem to have a good track record with influencing other institutional investors

THE RULES: (1) Post 1 piece of trash talk about the "other" company. (2) Post 1 piece of trash talk about your own company. That's it.

Seeing updates about the technology the company will be using, but nothing about when people will receive updates about jobs or locations. Isn’t closing in 2 weeks? The communication on this from leadership is completely lacking.

Will Dvn keep this. Ctra didn’t want to give it to most employees

Someone said recently that anyone working Permian assets will have to move to Midland and all of the other Basins will be run out of OKC. Is this true?

Anyone very interested in the severance?

Anyone have anything new?

Today’s updates for ctra lol.

Clay was only worried about numero uno. He got the CEO and literally gave up everything else. Once the deal is done, expect him to check out and not make any tough decisions while letting the new exec team of 5 Coterra people and 3 Devon people... — read more 

Is this nonsense?

This merger of equals is exactly what Devon needs. It is time for something new, something refreshing, and perhaps a new perspective.

Devon may feel better knowing that Coterra employees got railroaded on bonus pay. Blood is In the water, and expect our efforts in the toilet. Moral is gone, can’t imagine any efforts or above expectations. Let the quiet quitting begin. OKC may keep... — read more 

The Grayson mill energy Houston office that was shut down, all those people that were let go are probably laughing now that the shared services cuts are going to hit OKC. If you aren’t where the center of power is, you are expendable and it’s only a... — read more 

OKC based oil companies companies are exiting the city and state for Houston Texas. Ovintiv has divested Anadarko holdings. 10 years ago the investment world couldn’t get enough of the SCOOP and STACK. Now the investment community is far less... — read more 

Wow!!! It has been 10 years since commitment runs deep day. Oh how the time flies. I would like to wish all the Coterra people a happy welcome to a wonderful company. Many you enjoy your time at the new and improved Devon and may the odds be ever... — read more 

Since we all headed there...

Share holders should vote no for this poorly negotiated deal and clays lack of leadership getting exposed before, during, and after this was announced.

What are we going to do with floor 47?

Dvn/Expand coordinated exodus? Anyone else?

One interesting use case for AI is to analyze all merger of equal transactions, notably WPX and Coterra with Devon. ChatGPT seems to think there is a possible claim to be made that Devon employees should be entitled to change of control severance... — read more