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Coterra Energy - Anyone else bracing for impact?

0x28dd…0833

·38d ago·2 comments

Just trying to get a feel for the general sentiment at Coterra. The market's been a bit shaky, and while we've been pretty insulated so far, I'm starting to hear more indirect signs. Vacant positions not being backfilled, project scopes getting trimmed, some consultants getting their contracts ended early. It's not a layoff report, just a general feeling that things might be tightening up. Has anyone had conversations with management that hint at anything? Or are you seeing similar subtle shifts within your own departments? Trying not to create panic, but also want to be prepared if things do shift. Let me know what you're hearing on the ground. Thanks.

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Comments (2)

0x532e…653d

·38d ago

I've definitely noticed some of the same things. It's easy to dismiss them individually, but when you see a pattern emerging across different departments – from hiring freezes to the way some projects are being re-evaluated – it does make you wonder what's on the horizon. My conversations with leadership have been pretty standard, focusing on current objectives, but I'm keeping an ear to the ground for anything that might signal a shift in strategy or resource allocation. It feels like a period of cautious optimism, perhaps, but caution is definitely the operative word right now.

0x149a…8b27

·38d ago

Totally get where you're coming from. While I haven't heard any direct talk of cutbacks, the subtle indicators you mentioned are certainly there. The hiring slowdown is hard to miss, and I've also heard whispers about certain vendor relationships being reviewed more closely than usual. It could just be standard operational efficiency drives, but combined, it does create a feeling of prudent belt-tightening. I'm hoping it's just a proactive measure rather than a reaction to something more significant, but it's wise to be prepared for any eventuality.