Devon Energy’s third-quarter beat comes on the back of solid capital discipline

Environment

A pump jack operates at a well site leased by Devon Energy Production Co. near Guthrie, Oklahoma.
Nick Oxford | Reuters

Club holding Devon Energy (DVN) beat sales and earnings forecasts when it reported third-quarter results Tuesday, highlighting the oil-and-gas producer’s capital discipline and ability to generate cash amid a volatile oil market.

Articles You May Like

John Lewis reveals £500m plan to build rental homes
Five-year-old in Belfast is ninth child to die after contracting Strep A infection
Iranian government says widespread protests are a ‘political plot’ by Kurdish separatists
‘A big deal’: Onsite betting is coming to PGA Tour
Rolls-Royce uses hydrogen produced with wind and tidal power to test jet engine