MIDLAND, Texas—Roughly a year after announcing its merger with WPX Energy, Devon Energy Inc. continues to prove the $5.75 billion all-stock combination is paying off in spades.

“Happy to report the team has done a phenomenal job,” Devon Energy COO Clay Gaspar told attendees of Hart Energy’s Executive Oil Conference, “continued to execute and I look forward to ‘22 and beyond.”

Gaspar, formerly on the WPX executive team, provided insight during his opening keynote address on Nov. 4 into the Devon/WPX merger one year later plus the importance of its position in the Permian Basin.

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