Announcement of a business optimization plan targeting $1 billion in annual pre-tax free cash flow improvements, indicating a strong commitment to enhancing financial performance. Expected realization ...
Targeting $1 billion in annual pre-tax free cash flow improvements Business optimization plan underway to improve margins and capital efficiency Plan includes improvements to base production ...
Devon Energy shares rise premarket after announcing a strategy to boost pre-tax free cash flow by $1B annually. The plan includes $300M in capital efficiency,$250M in production optimization,$300M in ...
CEO Clay Gaspar opened by stating, "With outstanding execution and innovation from every part of our organization, Devon delivered another outstanding quarter. We exceeded the midpoint of guidance on ...
OKLAHOMA CITY, April 22, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced its business optimization plan to improve margins and capital efficiency, growing free cash flow ...
Ritenour previewed 2026 plans: "We intend to maintain consistent activity levels to keep production around 845,000 BOE per day with oil production at approximately 388,000 barrels per day. To support ...