Narrow-moat Devon Energy posted fourth-quarter results that bested our expectations. While 2025 production guidance was lower than our forecast, management decreased Devon’s 2025 capital expenditure ...
Reports Q4 revenue $4.4B, consensus $4.25B. Reports Q4 production of 398,000 barrels of oil per day. “I am proud to report that Devon ended 2024 with exceptionally strong results,” said Rick Muncrief, ...