Thread regarding Devon Energy Corp. layoffs

Permian = Midland, Other Basins = OKC

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?


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| 21 views | | 12 replies (last April 16) | Reply
Post ID: @OP+1knsrne3q

12 replies (most recent on top)

How are the public schools in the M&O area? I’d love to get 30 acres and a ballin Polaris side by side. Only a half dozen or so dozen hours from decent ski slopes.

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Post ID: @16x+1knsrne3q

I love the ***k measuring! Fight! fight!

Jerry! Jerry!

I think the real question is will the dvn culture change? Will anyone be held accountable for years of unethical behaviour?

Nahhhhhhh

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Post ID: @16q+1knsrne3q

@wm Devon made $1.1 Billion more in free cash flow in 2025 then Coterra even with all that G&A. Hmmmm

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Post ID: @156+1knsrne3q

@wm anyone who throws out comments like '3 to 1 headcount' without context to cost or activity shouldn't be taken seriously. There are a lot of misperceptions from both companies about who is 'lean' and who 'operates better' and most are false or at best misleading as you dive into the details.

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Post ID: @13m+1knsrne3q

You underestimate the dvnites skill in throwing other people in front of the layoff bus. They have perfected the art of empire building and job protection.

Many other lean companies merged with us and yet here we are, prevailing and thriving.

We know how to get rid of others to protect our own skins

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Post ID: @xc+1knsrne3q

Devon G&A is already through the roof with the 3 to 1 employee they have to Coterra. I would prefer OKC, but you have to be realistic on which side most of the layoffs are happening

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Post ID: @wm+1knsrne3q

@s3 that’s a good way to overpay for and run up your G&A. My bet is a lot of those jobs end up in OKC or Houston. Don’t think you’ll find a very large contingent wanting to move to Midland and they aren’t going to want to hire that many people.

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Post ID: @v5+1knsrne3q

Doesn’t matter where they put people, it’ll be more of them same.

Can we skip to the good part where everyone has their lives upended due to unemployment or relocation?

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Post ID: @tx+1knsrne3q

Midland they can poach employees from other companies. OKC there is not much

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Post ID: @s3+1knsrne3q

If one of the negatives of OKC is that it is a smaller talent pool to recruit from then I can’t see why a Midland office would be the solution.

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Post ID: @rv+1knsrne3q

And nothing in Houston? Doubtful

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Post ID: @kr+1knsrne3q

shut your mouth

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Post ID: @bg+1knsrne3q

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