
Devon Energy CEO Clay Gaspar will speak at the J.P. Morgan energy conference June 23. The fireside chat comes amid integration of the Marcellus and Coterra deals.
Devon Energy CEO Clay Gaspar will speak at the J.P. Morgan Energy, Power, Renewables & Mining Conference on June 23, the company said Monday. The fireside chat is set for 8:45 a.m. Central time and will be webcast live on Devon's website, with a replay available for 30 days.
Devon is a top U.S. oil and gas producer with a multi-basin portfolio anchored by the Delaware Basin. It also holds assets in the Anadarko Basin, Eagle Ford Shale, Marcellus Shale, Powder River Basin and Williston Basin. The company's capital model targets strong returns and free cash flow while returning capital to shareholders.
The conference appearance comes as Devon works through the integration of its $8 billion Marcellus acquisition and the planned merger with Coterra Energy. The deals are expected to reshape the company's asset base and cost structure. Devon's Alpha Score sits at 47 out of 100, a Mixed rating, reflecting the uncertainty around execution on those transactions.
Gaspar's remarks will be watched for updates on the merger timeline, capital allocation priorities and the outlook for oil production in the Delaware Basin. The company has previously said it expects $1 billion in annual synergies from the Coterra deal. A webcast replay will be available for 30 days after the event.
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