Thread regarding Devon Energy Corp. layoffs

Latest predictions ahead of earnings call

Doesn’t look good atm. Predictions are $1.39 per share earnings, which would be a year-over-year decline of 16.27%. Latest revenue estimate is $3.87 billion, almost 10% down from the prior year Q. Guess we have to wait till 27th, but I wonder what would all that mean for us.

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| 921 views | | 3 replies (last February 16, 2024) | Reply
Post ID: @OP+1qWnf06V

3 replies (most recent on top)

At least we know it’s not isolated to one BU or org, it’s the whole tower that needs a lesson in ethics.

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Post ID: @acmz+1qWnf06V

Don’t fear, there were just a bunch of buddy system promotions in accounting

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Post ID: @asaa+1qWnf06V

Time to collect that severance. Hope you created a strong defense to protect your job.

The DH tree has a pretty good tried and true model, but it’s probably too late to put that strategy in place now.

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Post ID: @mfk+1qWnf06V

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