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Devon Energy ( (DVN) ) has provided an announcement.
Devon Energy Corporation announced the appointments of John D. Raines and Thomas J. Hellman as Senior Vice Presidents of E&P Asset Management and E&P Operations, respectively. This strategic restructuring aims to enhance operational efficiency, with both executives bringing extensive experience from their previous roles. Additionally, the company will eliminate the position of Executive Vice President and Chief Corporate Development Officer, leading to the departure of David G. Harris. These changes reflect Devon’s efforts to streamline its management structure and focus on key operational areas.
More about Devon Energy
Devon Energy Corporation operates in the energy sector, focusing on exploration and production (E&P) of oil and natural gas. The company manages various business units and regulatory teams, with a significant presence in regions like the Delaware Basin.
YTD Price Performance: 7.75%
Average Trading Volume: 9,918,084
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $23.64B
See more insights into DVN stock on TipRanks’ Stock Analysis page.
