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DVN Jul 2024 42.500 put
| Previous close | 0.2500 |
| Open | 0.3800 |
| Bid | 0.3600 |
| Ask | 0.3900 |
| Strike | 42.50 |
| Expiry date | 2024-07-19 |
| Day's range | 0.3800 - 0.3800 |
| Contract range | N/A |
| Volume | |
| Open interest | 3.29k |
GuruFocus.comDevon Energy Corp (DVN) Q1 2024 Earnings: Surpasses EPS Estimates, Declares Increased Dividend
Insight into Devon Energy's First Quarter Financials and Strategic Moves
- Reuters
UPDATE 2-Devon Energy beats Q1 profit estimate on higher production
U.S. shale producer Devon Energy beat first-quarter profit estimates on Wednesday as higher production from Delaware basin helped it offset a decline in natural gas prices. The Oklahoma City-based company also raised its full-year 2024 production outlook by 2% to a range of 655,000 to 675,000 barrels of oil equivalent per day (boepd). U.S. crude prices were largely range bound in the first three months of 2024 despite rising geopolitical tensions, as non-OPEC members kept up supplies, while a milder winter season and oversupply pushed natural gas prices to a 3-1/2-year low in the quarter.
ReutersDevon Energy beats Q1 profit estimate on higher production
U.S. crude prices were largely range bound in the first three months of 2024 despite rising geopolitical tensions, as non-OPEC members kept up supplies, while a milder winter season and oversupply pushed natural gas prices to a 3-1/2-year low in the quarter. Devon said realized prices, without hedges, for natural gas in the reported quarter was $1.30 per thousand cubic feet (mcf), 43% lower than last year's $2.29 per mcf.
