Devon Energy Corporation provided production guidance for the first quarter and full year 2024. For the first quarter, the company expected oil production to be in the range of 304 MBbls/d to 310 Mbbls/d, Natural gas liquids to be in the range of 159 MBbls/d to 165 Mbbls/d and Gas production to be in the range of 1,000 MMc/d to 1,050 MMc/d. Total oil equivalent production to be in the range of 630 MBoe/d to 650 MBoe/d.

For the full year, the company expected oil production to be in the range of 312 MBbls/d to 318 Mbbls/d, Natural gas liquids to be in the range of 160 MBbls/d to 165 Mbbls/d and Gas production to be in the range of 1,010 MMc/d to 1,060 MMc/d. Total oil equivalent production to be in the range of 640 MBoe/d to 660 MBoe/d.