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EOG Resources - Rumblings about Q3/Q4, anyone else hearing whispers?

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0x317a…a7a2
·25d ago·1 comments
Hey everyone, been with EOG for a few years now, mostly in operations. Lately, I've been hearing some chatter, more than usual, about potential 'streamlining' coming up in the next couple of quarters. It's vague, but the tone from some of the higher-ups seems... different. Less about growth, more about 'efficiency' and 'optimizing the portfolio.' I know we've been through cycles before, but this feels a bit more pointed. Anyone else in different departments picking up on similar vibes? Wondering if it's just company-wide whispers or if there's actually something brewing behind the scenes. Trying not to overthink it, but the 'efficiency' talk always makes me a bit nervous.

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Comments (1)

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7F
0x7f73…4468
·25d ago

Yeah, I've been hearing similar things too, though maybe not as directly from higher-ups. More like overheard conversations and a general sense of 'hush-hush' around certain projects. The focus on 'efficiency' definitely stands out – feels like a departure from the aggressive expansion we've seen in the past. It's making folks a bit antsy, wondering what 'optimizing the portfolio' actually entails in practical terms for the field teams. Hoping it doesn't mean layoffs, but you never know with these shifts.