Devon Energy Corp. today reported financial and operational results for the first quarter of 2022. The company's earnings release, supplemental financial tables, updated guidance and related earnings presentation can be accessed via the Investor Relations section of Devon's website, www.devonenergy.com. The company's first-quarter conference call will be held at 10:00 a.m. Central on Tuesday, May 3, 2022, and will serve [...]
KEY MESSAGES First-quarter dividend payout increases 27 percent to a record high of $1.27 per share Board expanded share-repurchase authorization by 25 percent to $2.0 billion Share-repurchase program to date has retired 19.1 million shares at a total cost of $891 million OKLAHOMA CITY, May 02, 2022 -- Devon Energy Corp. announced today its board of directors declared a fixed-plus-variable dividend of $1.27 per share [...]
Devon Energy Corp. today announced it will report first-quarter 2022 results on Monday, May 2, after the close of U.S. financial markets. The earnings release and presentation for the first-quarter 2022 results will be available on the company's website at www.devonenergy.com. On Tuesday, May 3, the company will hold a conference call at 10:00 a.m. Central Time , which will consist primarily of answers to questions from [...]
Devon Energy announced today a pledge of up to $20 million to support humanitarian efforts in Ukraine and neighboring countries supporting Ukrainian refugees. These donations will be split among several organizations providing emergency medical care, food supplies, financial support, and housing for displaced civilians and refugees in the region. Homes, roads, airports, and schools in Ukraine lie in ruins, with dozens of [...]
KEY MESSAGES Fourth-quarter dividend payout improved to record high of $1.00 per share Board approved a 45 percent increase to the fixed quarterly dividend Share-repurchase authorization increased by 60 percent to $1.6 billion Repurchase program is equivalent to 5 percent of Devon's market capitalization OKLAHOMA CITY, Feb. 15, 2022 -- Devon Energy Corp. announced today its board of directors declared a record high [...]
Devon Energy Corp. today reported financial and operational results for the fourth quarter of 2021. The company's earnings release, supplemental financial tables, updated guidance and related earnings presentation can be accessed via the Investor Relations section of Devon's website, www.devonenergy.com. The company's fourth-quarter conference call will be held at 10:00 a.m. Central on Wednesday, Feb. 16, 2022, and will [...]
Devon Energy Corp. today announced it will report fourth-quarter and full-year 2021 results on Tuesday, Feb. 15, after the close of U.S. financial markets. The earnings release and presentation for the fourth-quarter and full-year 2021 results will be available on the company's website at www.devonenergy.com. On Wednesday, Feb. 16, the company will hold a conference call at 10:00 a.m. Central Time , which will consist [...]
Devon Energy Corp. today announced that it has extended until December 29, 2021 at 5:00 p.m., New York City time, the expiration date of its offers to exchange: an aggregate principal amount of up to $224,079,000 of its 8.250% Senior Notes due 2023, which have been registered under the Securities Act of 1933, as amended , for an equal principal amount of the Company's outstanding 8.250% Senior Notes due 2023 ; an [...]
Devon Energy Corp. , a leading U.S. independent oil and gas producer, today announced the release of its latest sustainability report which highlights the company's efforts to deliver industry-leading results while being a good neighbor, valued and effective community partner, responsible environmental steward, and supportive employer. "This year Devon celebrated its 50th anniversary, and that longevity is due in large [...]
Devon Energy Corp. today reported financial and operational results for the third quarter of 2021. The company's earnings release, supplemental financial tables, updated guidance and related earnings presentation can be accessed via the Investor Relations section of Devon's website, www.devonenergy.com. The company's third-quarter conference call will be held at 10:00 a.m. Central on Wednesday, Nov. 3, 2021, and will [...]
KEY MESSAGES Fixed-plus-variable dividend payout increased by 71 percent to $0.84 per share Board authorizes a $1.0 billion share-repurchase program through year-end 2022 Repurchase program is equivalent to 4 percent of Devon's market capitalization Top free cash flow priority continues to be the funding of the company's market-leading dividend Balance sheet strength to further improve with plans to retire $1.0 billion of [...]
Devon Energy Corp. today announced it will report third-quarter 2021 results on Tuesday, Nov. 2, after the close of U.S. financial markets. The earnings release and presentation for the third-quarter 2021 results will be available on the company's website at www.devonenergy.com. On Wednesday, Nov. 3, the company will hold a conference call at 10:00 a.m. Central Time , which will consist primarily of answers to questions [...]