Thread regarding Devon Energy Corp. layoffs

@1hug: DH? Is that you???

What exactly is Devon getting?? Not sure if any of these posters are following the market or the company closely. The only thing lagging is stock price- which, by the way, is a mirror image of several similar competitors. Releases have been good lately and if the company follows through on what they've told Wall Street it'll continue to be more attractive.

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 field, right hand doesn't know what left hand is doing, or care, engineers (many with little experience) in charge of fields and regions that not only don't have access to profit and loss reports, but could not understand them if they did have access. this is first hand reporting. Devon deserves exactly what it is getting. Many of your own co-workers agree, sadly. Look into the future. Do any of you really see a Devon Energy alive and well in say...5 years?

If you think this is how CHK got where they are today, you might not want to quit your day job to focus on the stock market or finance