NYSE:DVNOil and Gas
Devon Energy Sets Post Coterra Plan For Growth, Synergies And Cash Returns
Devon Energy (NYSE:DVN) has released its first full operational and capital return outlook after closing its merger with Coterra Energy.
The company outlined production goals, a plan to return up to 70% of free cash flow to shareholders, and targeted cost synergies for the combined business.
Management also highlighted a sharper focus on the Permian Basin as a core growth and efficiency hub for the merged portfolio.
For you as an investor, this is the first clear look at how the merged...