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Devon Energy Corp. Didn’t Disappoint in Q2

TheMotleyFool

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Devon Energy Corp. Didn’t Disappoint in Q2

Devon Energy's (NYSE: DVN) shale-fueled growth engine started gaining steam during the second quarter. Thanks to several high-rate wells, the company produced more oil than expected, which enabled it to beat expectations once again. Because of this, the company is on pace to end the year higher than expected, giving it a head start on its plans to accelerate in 2018, while allowing it to spend less money to do so.

Metric

Q2 2017

Source: Fool.com