FightingIrish33
Oct 27, 11:53 AM
$DVN Is Devon Still Promising More Cash?
Yes, though the goal has changed: the newest promise is about merger savings, not the 2025 free cash flow plan. During the fiscal Q2 2026 call on August 5, 2026, management said Devon is on track for at least
$1 billion of annual synergies by year-end 2027 from the Coterra deal. Management also said Devon reinvested 43% of its cash flow in that quarter, against the mid-50s over the past two years, on its own measure.
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