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 Corp (DVN) is a leading independent oil and natural gas exploration company focused on strategic North American shale plays. This page serves as the definitive source for all official press releases, financial announcements, and operational updates from the energy producer.
Investors and industry professionals will find timely updates on earnings reports, acquisition activities, and production developments. The curated news collection provides insights into Devon's multi-basin strategy, capital discipline initiatives, and technological innovations driving operational efficiency.
Key updates include quarterly financial results, merger and partnership announcements, regulatory filings, and executive leadership communications. All content is sourced directly from Devon Energy's corporate communications to ensure accuracy and reliability.
Bookmark this page for streamlined access to Devon Energy's latest developments. Monitor evolving market positions and strategic decisions shaping one of the energy sector's most disciplined operators.
Omnia Midstream Partners announced a significant development agreement with Devon Energy (NYSE: DVN) to integrate renewable energy into the Stateline field operations in the Delaware Basin. This project aims to reduce carbon emissions, provide competitively priced electricity, and enhance well run-time through emission-free energy sources. Utilizing American-made solar panels and battery storage, the innovative design employs predictive analytics to optimize efficiency. This collaboration aligns with the industry's net-zero greenhouse gas emissions goals for 2050, emphasizing sustainable growth in traditional energy sectors.
Devon Energy Corp. (NYSE: DVN) announced a record high fixed-plus-variable dividend of $1.00 per share for Q4, payable on March 31, 2022. This marks a 45% increase in the fixed quarterly dividend. Additionally, the company expanded its share-repurchase program by 60% to $1.6 billion, representing about 5% of its market capitalization. Devon's commitment to returning cash to shareholders reflects its financial strength and confidence in its business as it progresses into 2022.
Devon Energy Corp. (NYSE: DVN) reported its fourth-quarter 2021 financial results on February 15, 2022. The company emphasized its position as a leading oil and gas producer in the U.S., showcasing its multi-basin portfolio, particularly in the Delaware Basin. Devon highlighted its disciplined cash-return model aimed at generating strong returns and free cash flow while ensuring sustainable operations. For detailed insights, stakeholders can access the full earnings report and upcoming conference call details from the Investor Relations section on their website.
Devon Energy Corp. (NYSE: DVN) will report its fourth-quarter and full-year 2021 results on February 15, 2022, after U.S. markets close. The earnings release and presentation will be available on its website. A conference call will follow on February 16 at 10:00 a.m. CT (11:00 a.m. ET), focusing on analyst and investor inquiries. Devon is recognized as a top oil and gas producer in the U.S., with significant operations in the Delaware Basin. The company emphasizes a disciplined cash-return model aimed at generating free cash flow and returning capital to shareholders.
Devon Energy Corporation (NYSE: DVN) has extended the expiration date for its exchange offers until December 29, 2021, at 5:00 p.m. ET. The offers involve exchanging up to $224 million of 8.250% Senior Notes due 2023, $465 million of 5.250% Senior Notes due 2024, $378 million due 2027, $322 million due 2028, and $574 million due 2030 for equal amounts of outstanding notes. As of December 20, 2021, approximately $223.98 million of the Old 2023 Notes and similar amounts of other notes have been tendered. No proceeds will be received from these exchange offers.
Devon Energy Corp. (NYSE: DVN) reported a significant 71% increase in its fixed-plus-variable dividend, raising it to $0.84 per share. This dividend, based on third-quarter performance, will be payable on Dec. 30, 2021. The company has also authorized a $1.0 billion share repurchase program, equivalent to 4% of its market capitalization, reinforcing its commitment to return capital to shareholders. Devon plans to retire $1.0 billion in debt to enhance its balance sheet strength.
Devon Energy Corp. (NYSE: DVN) released its third-quarter financial results on Nov. 2, 2021. The company emphasized its disciplined cash-return model aimed at delivering strong returns and generating free cash flow. Devon holds a premier multi-basin portfolio, particularly in the Delaware Basin, focusing on safe and sustainable operations.
The third-quarter conference call is scheduled for Nov. 3, 2021, at 10:00 a.m. Central to address analyst and investor inquiries.
Devon Energy Corp. (NYSE: DVN) has scheduled its third-quarter 2021 earnings report for Tuesday, Nov. 2, after U.S. market close. The earnings release and presentation will be accessible on the company’s website. Following this, a conference call will take place on Wednesday, Nov. 3, at 10:00 a.m. CT to address questions from analysts and investors. Devon Energy is recognized as a leading U.S. oil and gas producer, focusing on strong cash returns, free cash flow generation, and capital returns to shareholders.
Devon Energy Corp. (NYSE: DVN) announced a fixed-plus-variable dividend of $0.49 per share, reflecting a 44% increase from the previous quarter. The breakdown includes a fixed dividend of $0.11 and a variable dividend of $0.38, with payments set for September 30, 2021. This marks the third consecutive quarter of increased dividend payouts, demonstrating the company's commitment to returning capital to shareholders. The dividend strategy aims to provide a sustainable income through varying cash flows.
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