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John Mercier · 03-31-2022, 09:19 PM

Devon, which I think is still the largest independent in shale, expects to grow its output by about 5 percent annually. But most of its earnings are going to be returned as dividends to its investors... rather than sunk into expansion.

03-31-2022, 09:19 PM	#181
John Mercier Senior Member Join Date: Jun 2021 Posts: 3,429 Thanks: 3 Thanked 600 Times in 496 Posts	Devon, which I think is still the largest independent in shale, expects to grow its output by about 5 percent annually. But most of its earnings are going to be returned as dividends to its investors... rather than sunk into expansion.