Devon Energy(US:DVN)2025-07-04 11:28Company Overview - Devon Energy's total production is approximately 820,000 BOED[3] - The company's enterprise value is around $30 billion[3] Asset Portfolio & Production - Delaware Basin production reached 458 MBOED in Q1 2025, representing 47% of the company's total production mix[10, 18, 22] - Rockies production was 195 MBOED in Q1 2025, accounting for 24% of Devon's production mix[10, 23] - Eagle Ford production was 79 MBOED in Q1 2025, constituting 10% of the company's production[10, 30] - Anadarko Basin production was 79 MBOED in Q1 2025, also representing 10% of Devon's production[10, 38] Financial Strength & Returns - Devon Energy has total liquidity of $4.2 billion, including a $1.2 billion cash balance as of March 31, 2025[65] - The company aims to improve pre-tax free cash flow by $1 billion annually through business optimization[55] - Devon Energy plans to return up to 70% of free cash flow to shareholders in 2025[70, 71] - The company anticipates upstream capital investment in Delaware Basin to be approximately $1.9 billion in 2025[21]