Devon Energy Reports First-Quarter 2023 Results; Declares Quarterly Dividend and Expands Stock-Repurchase Program by 50 Percent to $3 Billion
Published by Todd Bush on May 11, 2023
OKLAHOMA CITY, May 08, 2023 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the first-quarter 2023. The company also declared its quarterly dividend and expanded its stock-repurchase program. Devon's earnings release, supplemental financial tables, 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 (11:00 a.m. Eastern) on Tuesday, May 9, 2023, and will serve primarily as a forum for analyst and investor questions and answers.
ABOUT DEVON ENERGY
Devon Energy is a leading oil and gas producer in the U.S. with a premier multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin. Devon's disciplined cash-return business model is designed to achieve strong returns, generate free cash flow and return capital to shareholders, while focusing on safe and sustainable operations. For more information, please visit
www.devonenergy.com
Investor Contacts
Media Contact
Scott Coody, 405-552-4735
Lisa Adams, 405-228-1732
Chris Carr, 405-228-2496
Subscribe to the newsletter
Daily decarbonization data and news delivered to your inbox
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Companies
Latest issues
-
How 45Q Credits Revived This Troubled $9B Megaproject
Inside This Issue 💰 How 45Q Credits Revived This Troubled $9B Megaproject 🍁 Commencement of First Phase Operations for a Carbon Capture and Storage (CCS) Project in Canada 🤝 Haffner Energy Secures...
-
The Deal Structure Everyone's About to Copy
Inside This Issue 💼 The Deal Structure Everyone's About to Copy 📈 Exxonmobil Raises Its 2030 Plan – Transformation Delivering Higher Earnings, Stronger Cash Flow, and Greater Returns ⚡ Nextera Wor...
-
Inside XCF Global's $300M Bet to Double U.S. SAF Output
Inside This Issue ✈️ Inside XCF Global's $300M Bet to Double U.S. SAF Output ⚙️ Capsol Technologies Signs MoU with US Utility to Deploy CapsolGT® for Low-carbon Gas Power Generation 🏭 Babcock &...
Company Announcements
-
Clean Planet Technologies (CPTech), part of the Clean Planet Group, has announced that its core pyrolysis-oil upgrading process has now been formally patented in both the United States and Saudi Ar...
-
(December 12, 2025 - Oslo, Norway) Nel ASA (Nel, OSE: NEL) is pleased to announce that following a seven-year development program, and now a successful start-up and production of clean hydrogen on ...
-
Hydrogen Technology Venture Launches in Bowling Green
BOWLING GREEN, Ky. — A new tech company is coming to Bowling Green, bringing dozens of jobs to Warren County. What You Need To Know UFS ARK will be a joint venture of United Fiber Sensing and OgM...
-
HyOrc Positions Green Methanol as the Economic Solution to Shipping’s Decarbonization Challenge
HOUSTON, Dec. 12, 2025 (GLOBE NEWSWIRE) -- HyOrc Corporation (OTCID: HYOR), a fully SEC-reporting clean-energy company focused on decarbonizing heavy industry, today commented on the growing global...