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That helped lessen the balance-sheet impact of the Grayson Mill acquisition, which saw the company issue $3.25 billion of debt to close that deal. Even with that debt issuance, Devon ended the ...
Devon Energy recently reported its second-quarter results and held a conference call with investors. The company's Grayson Mill Energy acquisition was a key topic of conversation on that call. CEO ...
“The acquisition of Grayson Mill is an excellent strategic fit for Devon that allows us to efficiently expand our oil production and operating scale while capturing a meaningful runway of highly ...
Devon Energy is buying Grayson Mill Energy's Williston Basin business in a cash-and-stock deal valued at $5 billion as consolidation in the oil and gas sector ramps up. Grayson Mill Energy, based ...
Devon Energy has agreed to buy Grayson Mill Energy's Williston Basin business for $5 billion. It's paying $3.25 billion in cash and $1.75 billion in stock. ... The acquisition will transform Devon ...
The acquisition of Grayson Mill assets isn't just about adding resources and taking advantage of relatively low valuations at a time of relatively high oil prices; it will add scale to the Bakken ...
Devon Energy (NYSE: DVN) Q3 2024 Earnings Call Nov 06 ... This production outlook is nearly 5% higher than what we communicated just a few months ago when we announced the Grayson Mill acquisition ...
Devon Energy's debt rose after it acquired Grayson Mill Energy, but it expects to cut debt worth $2.5 billion over the next couple of years or so. ... Devon continues to generate strong cash flows ...