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Devon Energy Gains From Multi-Basin Assets & Debt Management
ZACKS· 2025-10-01 14:30
Key Takeaways Devon benefits from strong production across its multi-basin U.S. assets.DVN targets Q3 2025 output of 829,000-847,000 Boe/d with $3.6-$3.8B investment plans.Devon holds $4.8B liquidity and is advancing a $2.5B debt reduction strategy.Devon Energy Corp. (DVN) has been reaping the benefits of strong production volumes from its multi-basin assets spread across the United States. The company is managing the debt efficiently and using every opportunity to lower the debt burden, which is boosting i ...