Proved Reserves Growth

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Can DVN's Expanding Reserves Secure Long-Term Growth for the Stock?
ZACKS· 2025-09-25 16:46
Key Takeaways DVN continues to increase its proved reserves, ending 2024 at 2,155 MMboe, up from 1,817 MMBoe at 2023 end.Devon's increasing reserves highlight its operational execution in multiple prolific basins.DVN's expanding reserve base ensures strong production volumes and free cash flow.Devon Energy Corporation (DVN) has emerged as one of the premier independent oil and gas producers in the United States, supported by its high-quality acreage across multiple prolific basins. The company’s diversified ...