Market Overview

Benchmark Raises Net Asset Value on Devon Energy


Benchmark is raising its normalized ($70 per barrel, $6.00 per Mcf) net asset value per share estimate for Devon Energy (NYSE: DVN) by $2.25 “to approximately $149 based upon an increase in our valuation of the Company's high quality in-situ oil sands assets.”

Devon Energy closed Tuesday at $79.31.


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Posted-In: Benchmark devon energyAnalyst Ratings

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