Devon Energy sells Eagle Ford assets for $4.2 billion
Devon Energy agreed to sell its Eagle Ford assets to Crescent Energy for $4.2 billion in cash. The company said it will use the proceeds to accelerate share buybacks and reduce debt.
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Devon Energy sells Eagle Ford assets to Crescent Energy for $4.2 billion
Devon Energy signed a definitive agreement to sell its Eagle Ford assets in Texas to Crescent Energy for $4.2 billion in cash.