Canada sale finishes up at the end of the month. Hoping soon thereafter for an acquisition by a major, or a merger with a larger company. Worst part is waiting for something to happen. Folks are sick of the cost saving exercises that feel like part prep for an exit and part busywork to distract from poorly performing stock price.
3 replies (most recent on top)
Don’t worry all will e explained within the year. Master plan for the stack and inevitable sale of the company.
Won't happen anytime soon. Devon still needs to unload the Barnett, and at that point it is mostly a STACK company with a side of Permian, as opposed to a Permian company. Not too many companies looking to acquire in the STACK.
Dave Hager needs to go! This guy has led Devon to a mediocre company with no vision. How long with his leadership be tolerated terrible