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Will Devon Energy’s Production Increase in Q2 2018?

Nicholas Chapman
Will Devon Energy’s Production Increase in Q2 2018?

For Q2 2018, Devon Energy (DVN) expects total production in a range of 524–549 Mboepd (thousand barrels of oil equivalent per day). On a year-over-year basis, the mid-point of Devon Energy’s Q2 2018 production guidance range is slightly higher than its Q2 2017 production of 536 Mboepd. But sequentially, Devon Energy’s Q2 2018 production guidance is ~1% lower than the first-quarter 544 Mboepd.