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
-
Kita's $29M Bet Signals Carbon Insurance Is Here
Inside This Issue 🛡️ Kita's $29M Bet Signals Carbon Insurance Is Here 🏗️ CCI BioEnergy Selects Arcadis As Design-Engineer Partner Under Master Service Agreement 🤝 Tapestry and Climeworks Announce ...
-
Cummins Quit Electrolyzers. Electric Hydrogen Didn't.
Inside This Issue ⚡ Cummins Quit Electrolyzers. Electric Hydrogen Didn't. 🧪 New Electrified Method Captures Carbon Dioxide From Air 🌾 Iowa Could Be on the Cusp of a Hydrogen Rush; Lawmakers Weigh ...
-
Inside America’s Carbon Capture Reality Check
Inside This Issue ⚡ Duke Energy Florida Goes Live With First 100% Hydrogen System ✈️ Air bp Signs Agreement With Airbus on Flight Services and Fuel Supplies in Europe 🌊 Pairing Reefs and Mangroves...
Company Announcements
-
Vancouver, British Columbia--(Newsfile Corp. - February 18, 2026) - Element One Hydrogen & Critical Minerals Corp. (CSE: EONE) ("Element One" or the "Company") is pleased to announce the format...
-
CCI BioEnergy Selects Arcadis As Design-Engineer Partner Under Master Service Agreement
First project under the agreement will contribute to doubling the processing capacity of Toronto’s Disco Road Organic Processing Facility Toronto, ON – Arcadis (EURONEXT: ARCAD) is pleased to anno...
-
QIMC Reports Diamond Drilling Underway at West Advocate Hydrogen Project, Nova Scotia
Montreal, Quebec-- Québec Innovative Materials Corp. QIMC (OTCQB: QIMCF) (FSE: 7FJ) ("QIMC" or the "Company") announces that diamond drilling operations commenced on February 17, 2026, at its West ...
-
Seaweed Farming Could Remove Millions of Tons of CO₂ Each Year, Study Finds
Seaweed farming is a key strategy for carbon dioxide removal (CDR), offering both climate mitigation and ecological benefits. A recent study published in Communications Sustainability examined how ...