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 its strong presence after all. Figured it may let someone other side feel better. I hear Devon payouts were business as usual. Congrats!
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Man alive, if they hold on to all you Devon id--ts this merger was a total waste of time and effort. Yes the management is sh-t, but apparently none of you ICs have mirrors so you can’t see how bad at this you all are too. It’s embarrassing.
@82q sh--s about to hit the fan. These are greedy ruthless fakers. After some of what I have heard lately it is evident that Coterra gets gutted almost completely so the incompetent sh!t show that is Devon can fck everything up as per usual. Be happy to get the F out of this fcking disaster. How can Coterra upper management sleep at night... oh that's right $10 $20 $50 million payoffs make it easy. Go fck yourselves
Any updates ?
@137 anything new happening
@137 Its already happening lol. Dont think anyone from Ops/Eng/Mktg is putting any effort. When there is no risk/no reward, its impossible to motivate. Calendars flooding with folks burning all of their PTO. Folks begging to walk the plank. Youre almighty leader GS has been spending lots of time at the top floor w/ Execs. No big changes can be signed off w/o dvn approval. Upper leaders have gone totally robot. No emotion/ no information. Stone cold silence. Its been really great for morale boost. But yeah lets drive this ship home right before we all get $ht on. At this point grab your popcorn and enjoy the drama lol
If the WPX experiment was any indication of how this deal will go, just show up late, leave early, complain and collect a paycheck, don’t do anything of actual value, culture of mediocrity has been created! Let it grow!
@f6 swallow it
Just be happy you still have a job coterrards
@x0 Welcome to the oil bidness...I would say learn to code, but these days it's learn to weld.
Just to rub salt in the wounds, we have to watch oil and gas prices rally.. glad the execs at both companies get to keep padding their pockets while the rest of us figure out how to take care of our families rest of year, and maybe look for second side jobs. what a world.
@by Sub inflation raise? You’re lucky the deal didn’t get announced earlier on or CTRA wouldn’t have had one whatsoever across the board. Consider the ConocoPhillips treatment- 0 raise but hey stay around for 9 more months while tig transition your job.
Lord farquad is a joke of a CEO and an embarrassment to those that came before him. Devon will lose its best people on both sides, go down the toilet, and get bought by Chevron in 5 years.
Well - at least the Coterra side has change of control treatment to look forward to. While having more board members and Houston headquarters.
@f4 were they though? Doubt it.
@f4 Hard to swallow when CTRA met or exceeded all bus unit goals, and doubled our annual net income from $1.1B in 2024, vs $2B in 2025. Hearing bs about missing EPS target for Q4. but hey sc--w everyone who helped you double your profits. You esp shouldnt do that to people who are considered your folks directly tied to your revenue stream. Curious to see how bad CTRA misses in Q1 when no one is trying anymore. They are gonna feel it.
Bonuses were a direct result of the economy and commodity pricing and wall street’s fear of this current administration’s actions.
Sub-inflation pay raise and depressing bonus were a great way to set the mood, pre-merger.
@ac were they just underwhelming, or completely demoralizing? Lol. What happened here at CTRA was just shameful and embarrassing, but as long as TJ & company get their 100% payout. Forget everyone else.
Honestly both pay raises and bonuses were underwhelming. Esp. Raises that dont match inflation