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Devon raises synergy targets as cash flow powers faster buybacks

Devon lifts synergy target as Q3 cash flow fuels buybacks and debt reduction

Devon Energy delivered US$2.0 billion of adjusted free cash flow in the third quarter and plans to accelerate buybacks after its Eagle Ford sale. The company also raised its merger synergy targets and offered an initial 2027 production and capital outlook.
Victor Sage
6 Nov 2026