Devon Energy's (DVN) first-quarter earnings were better than expected due to strong production volumes. Taking into account the first quarter performance, Devon raised its 2024 production volume.
Insight into Devon Energy's First Quarter Financials and Strategic Moves
Devon Energy (DVN) delivered earnings and revenue surprises of 5.45% and 0.56%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?