bunch of info from Devon Energy Q1
https://s2.q4cdn.com/462548525/files/doc_financials/quarterly/2020/q1/Q1-2020-DVN-Supplemental-Tables.pdf
here are some snippets to compare/contrast with ... look only at EFS
and now for the all important realized prices AFTER hedging
EFS Oil = $49.73/Bbl; NGL= $14.77/Bbl; Gas = $2.05
Overall EFS price BOE = $29.94
That's one company's result to compare to.
and overall company
And now for the all important field level cash margin : $19.20/BOE
and a couple of other measures to compare to
So how did the stock do in the after market with this earnings release?
NYSEVN +5.2%
Q1 earnings beat on earnings & revenue expectations and revenues nearly doubled from the yer-ago quarter.
Q1 oil production rose 15% Y/Y to 163K bopd, and up 11% to 348K boepd
Q2 guidance is oil 145K-155K bopd and 302K-328K boepd (inclusive of 10K bopd curtailment)
For the full-year, production guidance is essentially flat compared to 2019.
We'll see what SNDE says soon
