Business

Devon Energy mulling midstream move

Devon Energy Corp. is looking into the possibility of creating a midstream master limited partnership to better reflect the value of its assets.

BY JAY F. MARKS • Published: February 22, 2013

Devon Energy Corp. is turning to an old idea to ensure the value of its assets is properly reflected in its stock price.

CEO John Richels said Wednesday the company is looking into creating a midstream master limited partnership.

“If we have...

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