My hot take is Woodcroft gets extended whether or not this team makes the playoffs. Barring a total collapse of course I think Woodcroft will earn it.
He's jumped into a white hot situation within a systemic loser environment for over a decade with urgency from ownership to the farthest reaches of 2nd tier fandom and has not flinched through the toilet seat up and down of Oiler 'hockey.' Through this Woodcroft is demonstrating a positive, constructive demeanour, solid decision making and flexible thinking in deploying this team's personnel, detail focus and data driven mindset. Lot of strong attributes we see in new era coaches with a lengthy body of elite level experience that belays his age. Woodcroft's not a miracle worker (no coach is) - this season has been negatively effected throughout by substantive injuries which migrated from under Tippett, #1B goalie and d-corp to now cratering the top 6 forward group and by extension PP and PK.
The Oiler coaching job has been a turnstile for all forms of coaching. It's been a graveyard for deeply experienced coaches and an overhyped, ill-prepared Centre of the Universe guy. The constant has been poor personnel and/or shallow quality depth despite being well over a decade in rebuild(s). Won't be a miracle worker that turns this team around. Woodcroft I think is showing enough as a well experienced veteran young coach to get the chance to lurch this team forward.