Thread regarding Devon Energy Corp. layoffs

Devon Energy Historical Stock Returns - Arithmetic Average, Excluding Dividends

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 Employees!! All the hard work you put into this company has been rewarded with.... a horribly mismanaged company and utterly devastated stock price. Not to mention the long lasting damage that has been inflicted on the culture which is arguably one of the most important long-term competitive advantages.

Keep it up everyone!!! It's a GREAT time to be working for Devon!!! Bahahahahah!!!!!

by
| 2091 views | | 7 replies (last March 7, 2020) | Reply
Post ID: @OP+13kxhMRM

7 replies (most recent on top)

Dave has destroyed this company and many of the lives of employees that worked for them. Not sure how he can look at himself in the mirror and not sure how he hasn’t been replaced.

by
| | Reply
Post ID: @xfbj+13kxhMRM

Devon just got lucky , early in the shale game.
They had the barnett play tied up under lease. They could have leased montague county and had the rich gas and oil , but they
we’re too inept. EOG got that right under their noses.

They fired a lot of great people. it was horrendous , especially HR. they were a sausage grinder

by
| | Reply
Post ID: @7bkt+13kxhMRM

Still the most unethical company ever.. the most unloyal company ever. They will crash eventually

by
| | Reply
Post ID: @2rxd+13kxhMRM

The analysis should include something similar to the blindfolded​ Pepsi challenge.

by
| | Reply
Post ID: @aqd+13kxhMRM

Hmm, the analysis should include some of Devon's peers so that we can see if Devon's performance is influenced by industry winds or by management itself.

by
| | Reply
Post ID: @qke+13kxhMRM

What a stain of a company. But with the most solid balance sheet in the industry, I'm told.

by
| | Reply
Post ID: @zxi+13kxhMRM

But, but, but..at least we aren't Chesapeake! $.51

by
| | Reply
Post ID: @avn+13kxhMRM

Post a reply

: