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Tuesday, August 1, 2023

Devon Reports 2Q23 Earnings

Locator: 45276OIL.

Link here: https://twitter.com/WAR527/status/1686471874761347072.

Dividend: 49 cents compared to 72 cents previous quarter and 89 cents prior to that.

Production sets record: 323,000 bpd.

Guidance: increased production 3Q23.

Ticker, after hours: down 2.0%. Trading at $53; anticipated as low as $50.

Press release here.


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