Announcement of a business optimization plan targeting $1 billion in annual pre-tax free cash flow improvements, indicating a strong commitment to enhancing financial performance. Expected realization ...

Devon Energy shares rise premarket after announcing a strategy to boost pre-tax free cash flow by $1B annually. The plan includes $300M in capital efficiency,$250M in production optimization,$300M in ...

OKLAHOMA CITY, April 22, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced its business optimization plan to improve margins and capital efficiency, growing free cash flow ...

Devon Energy (NYSE:DVN) +4.3% in early trading Tuesday after outlining plans to improve margins and capital efficiency, targeting $1B in annual free cash flow improvements and driving significant ...

Devon Energy is targeting $1 billion in cash flow improvement through operational efficiencies and lower drilling expenses. The company said Tuesday that its plan includes steps to achieve more ...

CEO Clay Gaspar opened by stating, "With outstanding execution and innovation from every part of our organization, Devon delivered another outstanding quarter. We exceeded the midpoint of guidance on ...

Devon Energy shares jumped 5% on Tuesday after announcing a major business optimization strategy aimed at boosting pre-tax free cash flow by $1 billion annually by the end of 2026. The plan focuses on ...

Targeting $1 billion in annual pre-tax free cash flow improvements Business optimization plan underway to improve margins and capital efficiency Plan includes improvements to base production ...