Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Roth/MKM and UBS upgrade Devon Energy due to improved Bakken performance and stronger financials.

flag Roth/MKM and UBS upgraded their outlook on Devon Energy, citing successful capital efficiency and cost-cutting efforts in the Bakken region. flag The firms noted improved operational performance, lower drilling and operating costs, higher well productivity, and better capital allocation. flag These changes have strengthened Devon’s cash flow and financial flexibility, enhancing its ability to deliver shareholder returns through dividends and buybacks. flag The positive assessments reflect growing confidence in Devon’s strategy of low-cost production and long-term sustainability within the U.S. shale industry.

3 Articles