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logoArgusMay 14, 2021

Devon Energy Corporation: Increasing price target to $29

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Devon Energy is a leading independent energy company engaged in oil and gas exploration, production and property acquisitions. Based in Oklahoma City, Devon is among the largest U.S.-based independent oil and gas producers and is included in the S&P 500 index. The company's operations are focused onshore in the United States and Canada.

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Analyst Profile

William V. Selesky

Senior Analyst: Basic Materials
Bill covers the Basic Materials sector for Argus. He has worked in the investment business for over 15 years, including positions as a senior equity analyst for firms such as Palisade Capital Management, PaineWebber/Mitchell Hutchins Asset Management and John Hsu Capital Group. He has provided coverage on groups including Consumer Staples, Consumer Discretionary, Energy, Media, Transportation, Gaming and Utilities. At PaineWebber, he also served as part of a team that managed $9 billion in active equity products. Prior to working in the investment field, Bill spent eight years as a credit analyst at American Express Company and five years as an analyst at Equifax Services. Bill has a Masters of Business Administration degree in Investment Finance from Pace University, and a Bachelor of Science degree in Economics from Fordham University.