Well that was a waste of an hour.
18 replies (most recent on top)
@OP the one on the 12th will be better.
@243 are you so insecure that you must lurk from page to page crying how there’s no talent in Okc just to make up for the fact Devon wouldn’t hire you? It’s clearly you and you’ve stated multiple times how you don’t work here. Now go away and be miserable somewhere else.
@19v can’t have them poaching “talent in okc”
@19g idk. I just know flywheel said they’re not allowed to reach out to any dvn employees anymore.
@18v DVN looked at CTRA about 5 years ago, but the executives at that time passed because the numbers were so poor. Now you’ve got a few less of those execs and a new ceo who just wants his name big things.
@15q threaten how?
@12t no it was forced, they had to sell. Chevron was going to pay more, but they wouldn’t take any c suite with them. Thats how Tom forced the Houston HQ move. Basically move here, give me chairman, and half the executive positions or I’m selling to chevron for more.
@11f pretty much. Dvn had to threaten flywheel because so many were jumping ship to there. It’s extremely dysfunctional from the top down. This is by far the worst and most unusual merger Dvn has ever had.
@vx the real reason for the M&A? I think TJ can give you about 60-70 million of them.
@111 Now the combined entity is a bigger dumpster fire . . .
@vx it was a forced sale, that was either being gutted by Chevron or merging with dvn and having more control for awhile. Didnt benefit dvn at all other than market cap, but Gaspar has a big ego so he went for it against advice of counsel. We’ve been looking at Coterra for almost 7 years and its always been a dumpster fire.
What’s the real reason coterra gave up??
@b9 KMart Blue Light Special . . . everything's FOR SALE !!!!
@b7 Quite the Rolex, huh? What do you think? Maybe $50k?
@b7 I figured that was his car in executive alley. I wonder if he's gonna be like TJ and get TX vanity plates with the stock ticket.
Bad times and dark days ahead for most. That was the real message.
At least we got to hear about CGs self driving Tesla instead of his custom Rolex
lets answer the hard questions by not answering or turning it back on the peons