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Q2 2015 Management Commentary – Devon Energy Corp

Devon Energy Corp · Aug 4, 2015 · 6 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Q2 2015 Management Commentary – Devon Energy Corp – slide 1
    Q2 2015 Management Commentary August 4, 2015 NYSE: DVN devonenergy.com
  2. Q2 2015 Management Commentary – Devon Energy Corp – slide 2
    Strategy Remains Unchanged Heavy Oil Operate in North Americas best basins Rockies Oil Deliver superior execution Anadarko Basin Permian Basin Barnett Shale Maintain financial strength Eagle Ford Oil Assets LiquidsRich Gas…
  3. Q2 2015 Management Commentary – Devon Energy Corp – slide 3
    SecondQuarter 2015 Highlights Generated oil production growth of 32% Q2 Oil Production Growth MBOD 270 205 Exceeded oil production expectations for 4th consecutive quarter 32% Growth Q2 2014 Q2 2015 Reduced operating costs…
  4. Q2 2015 Management Commentary – Devon Energy Corp – slide 4
    Financial Overview Excellent financial strength & flexibility Strong investmentgrade credit ratings Cash and credit facility availability: 4.5 billion Low leverage: 7.6 billion of net debt(1) The EnLink advantage Asset dropdown…
  5. Q2 2015 Management Commentary – Devon Energy Corp – slide 5
    Approach To Current Environment Prepared to dynamically allocate capital Minimal longterm service contracts No longcycle project commitments Negligible leasehold expirations Positioned for differentiating performance in any…
  6. Q2 2015 Management Commentary – Devon Energy Corp – slide 6
    Thank You NYSE: DVN devonenergy.com

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