3 Things Devon Energy Corp.'s CEO Wants You to Know About Where It's Heading
Devon Energy (NYSE: DVN) worked hard during the oil market downturn to transform into a company that could thrive at lower oil prices. Those efforts started to pay dividends during the third quarter when the company delivered excellent results despite the impact of Hurricane Harvey. It's also on pace to significantly increase oil production this year.
That said, Devon's focus going forward isn't just on increasing production. That was evident by the comments of CEO Dave Hager on the accompanying conference call, where he laid out the company's "2020 Vision." Here are three things he wants investors to know about that strategic plan.
Image source: Getty Images.
Source: Fool.com
Devon Energy Corp. Aktie
38,14 €
-1,96 %
Die Aktie ist derzeit ein absoluter Favorit unserer Community mit 40 Buy-Einschätzungen und keiner einzigen Sell-Einschätzung.
Ein prognostiziertes Kursziel von 56 € für Devon Energy Corp. zeigt ein Potenzial von über 20% im Vergleich zum aktuellen Kurs von 38.14 €.
