Is Devon Energy Stock Going to $57? 1 Wall Street Analyst Thinks So. [Yahoo! Finance]
Devon Energy Corporation (DVN)
Last devon energy corporation earnings: 2/18 04:05 pm
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US:NYSE Investor Relations:
investors.devonenergy.com/investors/events-presentations/default.aspx
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Source: Yahoo! Finance
Here's why the outlook appears positive for this oil and gas producer Devon Energy's improvements The bulk of Devon's production comes from the Delaware Basin in southeast New Mexico and west Texas. Management's decision to focus investment there appears to be paying off, as first-quarter production came in better than expected. The plan is to invest in improving well productivity in its highest-quality assets, and the good news is Devon achieved "better-than-planned well productivity, cycle time improvements that brought forward activity and the easing of infrastructure constraints in the Delaware Basin," according to the earnings release. First-quarter production averaged 664 thousand barrels of oil equivalent per day (MBoe/d) compared to guidance for 630 MBoe/d to 650 MBoe/d. In addition, management raised its full-year production guidance to 655 MBoe/d to 675 MBoe/d, compared to a previous estimate of 640 MBoe/d to 660 MBoe/d. Right move, right time for Devon Energy De
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News
- Devon Energy: Discipline Paying Off [Seeking Alpha]Seeking Alpha
- Is Devon Energy Stock a Buy? [Yahoo! Finance]Yahoo! Finance
- Devon Energy: Healthy Production Trends And Shareholder-Friendly Moves [Seeking Alpha]Seeking Alpha
- Devon Energy Believes It Offers 'Incredible Value' - I Agree [Seeking Alpha]Seeking Alpha
- Devon Energy Co. (NYSE: DVN) had its price target raised by analysts at Piper Sandler from $60.00 to $61.00. They now have an "overweight" rating on the stock.MarketBeat
DVN
Earnings
- 5/1/24 - Beat
DVN
Sec Filings
- 5/7/24 - Form 4
- 5/7/24 - Form 144
- 5/3/24 - Form PX14A6G
- DVN's page on the SEC website