Devon Energy Unveils Value Enhancing Business Optimization Plan

HIGHLIGHTS Targeting $1 billion in annual pre-tax free cash flow improvementsBusiness optimization plan underway to improve margins and capital efficiencyPlan includes improvements to base production performance, midstream commercial terms and corporate costsExpected to be completed by the end of 2026, with 30 percent achieved by year-end 2025 OKLAHOMA CITY, April 22, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced its business optimization plan to improve margins and capital efficie ...