KEY MESSAGES Board declares fixed-plus-variable dividend of $0.49 per share based on second-quarter 2021 results Dividend payout represents a 44 percent increase compared to the previous quarter Both fixed and variable dividends are payable on Sep. 30, 2021 OKLAHOMA CITY, Aug. 03, 2021 -- Devon Energy Corp. announced today that its board of directors has declared a fixed-plus-variable dividend of $0.49 per share based on [...]
Devon Energy Corp. today reported financial and operational results for the second 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 second-quarter conference call will be held at 10:00 a.m. Central on Wednesday, Aug. 4, 2021, and will [...]
Devon Energy Corp. today announced it will report second-quarter 2021 results on Tuesday, Aug. 3, after the close of U.S. financial markets. The earnings release and presentation for the second-quarter 2021 results will be available on the company's website at www.devonenergy.com. On Wednesday, Aug. 4, the company will hold a conference call at 10:00 a.m. Central Time , which will consist primarily of answers to questions [...]
KEY TARGET HIGHLIGHTS Achieve net zero greenhouse gas emissions for Scopes 1 and 2 by 2050 Reduce Scopes 1 and 2 GHG emissions intensity by 50% by 2030 Reduce methane emissions intensity by 65% by 2030 Achieve flaring intensity of 0.5% or lower by 2025 and eliminate routine flaring by 2030 Continue to advance water recycling rate and to use 90% or more non-freshwater for completions activities in the most active operating [...]
Devon Energy Corp. announced today that as of 5:00 p.m., New York City time, on May 21, 2021 , $1,958,718,000 in aggregate principal amount of the outstanding notes of WPX Energy Inc., a wholly-owned, direct subsidiary of Devon, listed in the table below , representing approximately 97.23% of the total outstanding principal amount of the WPX Notes and at least a majority of the aggregate outstanding principal amount of [...]
Devon Energy Corp. is celebrating its 'golden' anniversary this month after 50 years of success in the oil and gas industry. Founded by John and Larry Nichols in 1971, the company started with no assets and five employees, but by 1988, was publicly traded and then listed on the New York Stock Exchange. Devon continued to grow organically and by acquisition over the years and stepped into its place on the S&P 500 in 2000 [...]
Devon Energy Corp. announced today that it is commencing private exchange offers and related consent solicitations with respect to the series of outstanding notes of WPX Energy Inc., a wholly-owned, direct subsidiary of Devon, listed in the table below . Pursuant to the Exchange Offers, Devon is offering to issue, in a private offering to eligible noteholders, and for the consideration set forth in the table below, new [...]
Devon Energy Corp. today announced a change in the location of its 2021 Annual Meeting of Stockholders. In light of continued concerns regarding the COVID-19 pandemic, the Annual Meeting will be held solely by remote communication, in a "virtual-only" format. The previously announced date and time of the meeting have not changed. The Devon Energy Center, including the Devon Energy Center Auditorium where the meeting was [...]
Devon Energy Corp. today reported financial and operational results for the first 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 first-quarter conference call will be held at 10:00 a.m. Central on Wednesday, May 5, 2021, and will serve [...]
KEY MESSAGES Board declares fixed-plus-variable dividend of $0.34 per share based on first-quarter 2021 results Dividend payout represents a 13 percent increase compared to the previous quarter Both fixed and variable dividends are payable on Jun. 30, 2021 OKLAHOMA CITY, May 04, 2021 -- Devon Energy Corp. announced today that its board of directors has declared a fixed-plus-variable dividend of $0.34 per share based on [...]
Devon Energy Corp. announced today that management will present at the Citi Global Energy & Utilities Virtual Conference at 9:30 a.m. ET on Wednesday, May 12, 2021. The presentation will be available to the public via webcast. A link to the webcast will be accessible from Devon's home page on the company's website at www.devonenergy.com. ABOUT DEVON ENERGY Devon Energy is a leading oil and gas producer in the U.S. with a [...]
Devon Energy Corp. today announced it will report first-quarter 2021 results on Tuesday, May 4, after the close of U.S. financial markets. The earnings release and presentation for the first-quarter 2021 results will be available on the company's website at www.devonenergy.com. On Wednesday, May 5, the company will hold a conference call at 10:00 a.m. Central Time , which will consist primarily of answers to questions [...]