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Romebaby22

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Romebaby22

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Sunday, 03/09/2014 2:43:04 PM

Sunday, March 09, 2014 2:43:04 PM

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$DVN is gonna have a big year!

"Devon edged out Chesapeake Energy Corp. as the city’s top producer, unearthing 252.9 million barrels of oil equivalent in 2013.

Devon officials highlighted the company’s oil production growth, which results in expanded profit margins and cash flow, during last month’s earning call.

Devon intends to focus the bulk of this year’s capital budget on oil-rich areas, including its new position in south Texas’ Eagle Ford Shale, to continue boosting its oil production, which was 61.4 million barrels in 2013."
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