Tuesday, June 7, 2016
#USA - Why We're Watching Devon Energy: TheStreet
Published on 6 Jun 2016
Devon Energy is selling properties in Texas and Oklahoma, with hopes to close the sales in the third-quarter. The largest transaction in the sale is for the assets in east Texas... which are worth about $525 million. Devon will use the funds to pay down its debt and boost growth. Real Money's Daniel Dicker believes Devon is 'finally acting like the kind of energy company that is worthy of your investment dollar.'