Similar Stories to Crashing Crude Finally Gets The Best Of Devon Energy Corp. on Bing News

newsfeedback@fool.com (Matthew DiLallo), The Motley Fool
Tue, 05/03/2016 - 3:55pm

Devon Energy (NYSE: DVN) felt the full fury of the oil market downturn this quarter, as a complete lack of oil hedges allowed the crashing price of crude to cut deeply into the company's financial results. That lack of hedges caused cash flow from operations to crash, despite its valiant cost-cutting effort.

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BING NEWS:
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    04/30/2024 - 3:34 am | View Link
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