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3 Things Devon Energy Corp.'s CEO Wants You to Know About Where It's Heading


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.

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Source: Fool.com

Devon Energy Corp. Stock

€42.69
-0.800%
The price for the Devon Energy Corp. stock decreased slightly today. Compared to yesterday there is a change of -€0.340 (-0.800%).
With 38 Buy predictions and not a single Sell prediction Devon Energy Corp. is an absolute favorite of our community.
As a result the target price of 57 € shows a positive potential of 33.54% compared to the current price of 42.69 € for Devon Energy Corp..
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