Devon Energy Agrees to Sell Eagle Ford Assets for $4.2B
Devon Energy Corp. has entered a definitive agreement to sell its Eagle Ford assets in South Texas to Crescent Energy Company for $4.2 billion. This divestiture will strengthen the company's balance sheet, reduce debt, and accelerate share repurchases.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
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