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.'
