Devon Energy Corp DVN

Energy Oil & Gas E&P

Devon Energy Corporation is an oil and gas producer in the United States with a multi-basin portfolio. The Company is primarily engaged in the exploration, development and production of oil, natural gas and natural gas liquids (NGLs). Its oil and gas properties include Delaware Basin, Eagle Ford, Anadarko Basin, Williston Basin and Powder River Basin. The Delaware Basin operates in southeast New Mexico and across the state line into west Texas. It offers exploration and development opportunities from many geologic reservoirs and play types, including the oil-rich Wolfcamp, Bone Spring, Avalon and Delaware formations. The Eagle Ford operations are located in Texas' DeWitt and Karnes counties. The Anadarko Basin has around four-operated rig program associated with a joint venture. Its position in the Williston is located entirely on the Fort Berthold Indian Reservation in North Dakota. The Powder River Basin is focused on emerging oil opportunities in Wyoming's Powder River Basin.

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Devon Energy Corp > $DVN likely to slowly improve in the near term.

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Post by BullBuyon Jun 17, 2024 3:40pm

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$DVN likely to slowly improve in the near term.

I'll give kudos to management as they continue to execute in bolstering the balance sheet at a time when the macros still remain shaky. Slow and steady.

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