Welcome to our dedicated page for Devon Energy news (Ticker: DVN), a resource for investors and traders seeking the latest updates and insights on Devon Energy stock.
Devon Energy Corporation reports developments tied to its U.S. oil and gas production business, with a diversified multi-basin portfolio headlined by the Delaware Basin. Recurring updates include quarterly operating and financial results, production outlooks, cash-return and capital-allocation themes, safe and sustainable operations, shareholder votes, governance matters and material agreements.
News also covers capital-structure developments and completed corporate transactions, including the Coterra merger, under which Coterra became a direct wholly owned subsidiary of Devon.
Devon Energy Corp. (NYSE: DVN) announced it will release its second-quarter 2024 earnings on Tuesday, August 6, after U.S. financial markets close. The earnings release and related presentation will be accessible on the company's website. Additionally, a conference call to discuss the results will be held on Wednesday, August 7, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). The call will primarily address questions from analysts and investors, and a webcast link will be available on Devon's website. A replay of the conference call will also be made available online.
Devon Energy Corp. (NYSE: DVN) has appointed John Bethancourt as the independent chair of its board of directors, effective July 1, 2024. Bethancourt, who joined Devon's board in 2014 and has extensive experience in the energy sector, succeeds Barbara Baumann. Baumann will remain on the board and join the compensation and governance committees. Rick Muncrief, president and CEO, emphasized Bethancourt's leadership and strategic insight, which have been instrumental in shaping the company. Bethancourt's background includes various roles at Chevron and Texaco, with expertise in human resources, environmental issues, and energy infrastructure. This appointment underscores Devon's commitment to separating chair and CEO roles, enhancing governance practices.
Devon Energy Corp. (NYSE: DVN) reported financial and operational results for the first-quarter 2024, declared its quarterly dividend, and provided an updated outlook for 2024. The company's earnings release and guidance can be accessed on its website. A conference call is scheduled for May 2, 2024.
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