John Richels (63), president and CEO of Devon Energy Corp. (NYSE: DVN), has announced his retirement effective July 31, 2015. The board of directors intends to elect Dave Hager (58), currently Devons chief operating officer, to succeed Richels as president and CEO. The board of directors has elected Richels vice chairman of the board, effective immediately, with the intent for Richels to replace Larry Nichols (72) as [...]
Devon Energy Corp. (NYSE:DVN) today announced that its board of directors declared a quarterly cash dividend on Devons common stock for the first quarter of 2015. The dividend is payable on March 31, 2015 at a rate of $0.24 per share based on a record date of March 13, 2015. Devon Energy Corp. is an Oklahoma City-based independent energy company engaged in oil and gas exploration and production. Devon is a leading [...]
Devon Energy Corp. (NYSE:DVN) today announced its management will present at the Capital One Securities Energy Conference in New Orleans on Wednesday, Dec. 10, 2014, at 1:40 p.m. Central Time (2:40 p.m. Eastern Time). The event will be available to the public via internet webcast. A link to the webcast will be accessible from Devons home page at www.devonenergy.com on the date of the event. Devon Energy Corp. is an [...]
Devon Energy Corp. (NYSE:DVN) today announced its management will present at the Bank of America Merrill Lynch Global Energy Conference in Miami on Friday, Nov. 14, 2014, at 10:15 a.m. Eastern Time. The event will be available to the public via internet webcast. A link to the webcast will be accessible from Devons home page at www.devonenergy.com on the date of the event. Devon Energy Corp. is an Oklahoma City-based [...]
Devon Energy Corp. (NYSE:DVN) today announced its management will present at the Jefferies Global Energy Conference in Houston on Wednesday, Nov. 12, 2014, at 2:30 p.m. Central Time (3:30 p.m. Eastern Time). The event will be available to the public via internet webcast. A link to the webcast will be accessible from Devons home page at www.devonenergy.com on the date of the event. Devon Energy Corp. is an Oklahoma [...]
Devon Energy Corp. (NYSE:DVN) today reported net earnings of $1.0 billion or $2.48 per common share ($2.47 per diluted share) for the quarter ended Sept. 30, 2014. This compares with third-quarter 2013 net earnings of $429 million or $1.06 per common share ($1.05 per diluted share). Adjusting for items securities analysts typically exclude from their published estimates, the company earned $552 million or $1.34 per [...]
Devon Energy Corp. (NYSE: DVN) today announced plans to issue its third-quarter 2014 earnings news release on Tuesday, Nov. 4, after the close of U.S. financial markets, a change from previous quarterly schedules. Please note that as soon as practicable after the news release is issued, Devon will post additional information, consisting of an operations report and management commentary with associated slides, to its [...]
Devon Energy Corp. (NYSE:DVN) today announced its management will present at the UBS Energy Bus-less Tour in Houston on Thursday, September 18, 2014, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). The event will be available to the public via internet webcast. A link to the webcast will be accessible from Devons home page at www.devonenergy.com on the date of the event. Devon Energy Corp. is an Oklahoma [...]
Devon Energy Corp. (NYSE:DVN) today announced that its board of directors declared a quarterly cash dividend on Devons common stock for the fourth quarter of 2014. The dividend is payable on December 31, 2014 at a rate of $0.24 per share based on a record date of December 12, 2014. Devon Energy Corp. is an Oklahoma City-based independent energy company engaged in oil and gas exploration and production. Devon is a [...]
Devon Energy Corp. (NYSE:DVN) today announced its management will present at the Barclays CEO Energy/Power Conference in New York on Wednesday, September 3, 2014 at 9:45 a.m. Eastern Time. The event will be available to the public via internet webcast. A link to the webcast will be accessible from Devons home page at www.devonenergy.com on the date of the event. Devon Energy Corp. is an Oklahoma City-based independent [...]
Devon Energy Corp. (NYSE:DVN) today confirmed that it will discuss its second-quarter 2014 financial and operating results in a conference call at 10 a.m. Central Time (11 a.m. Eastern Time) on Wednesday, August 6, 2014. The conference call will be webcast live and a replay will be available following the call. A webcast link will be provided on Devons home page at www.devonenergy.com on the date of the event. [...]
Devon Energy Corp. (NYSE:DVN) today announced that it has entered into a definitive agreement to sell all of its non-core U.S. oil and gas properties to Linn Energy (Nasdaq: LINE, LNCO) for $2.3 billion, or approximately $1.8 billion after tax. The agreement covers Devons remaining assets targeted for divestiture and includes properties in the Rockies, onshore Gulf Coast, and Mid-Continent regions of the U.S. With the [...]