Devon Energy Corporation raised production forecast for the full-year 2022 by 3% to a range of 600,000 to 610,000 Boe per day. The improved volume outlook is due to better-than-expected well performance year-to-date and the impact from a bolt-on acquisition in the Williston Basin. With the ongoing share repurchase program, production per share is expected to grow 8 percent compared to 2021.
Real-time Estimate
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5-day change | 1st Jan Change | ||
51.12 USD | +1.12% | +1.13% | +12.38% |
01:21pm | RBC Adjusts Price Target on Devon Energy to $57 From $55 | MT |
12:30pm | RBC Raises Price Target on Devon Energy to $57 From $55, Keeps Sector Perform Rating | MT |
EPS Revisions
1st Jan change | Capi. | |
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+12.38% | 31.99B | |
+9.62% | 300B | |
+6.75% | 144B | |
+53.23% | 125B | |
+22.66% | 82.47B | |
+8.00% | 74.61B | |
+19.90% | 63B | |
+7.59% | 56.46B | |
+10.05% | 48.42B | |
+31.60% | 36.24B |
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