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
-
Return & Verified Unveil Wind-Powered Direct Air Capture Hub Scaling to 500K Tons
Inside This Issue 🌬️ Return and Verified Announce First 100% Wind-Powered Direct Air Capture Hub, Designed To Scale to 500,000 Tons Annually 🌍 The Importance of Responsible Carbon Removal: Insight...
-
OnStream Secures $26M for Offshore Carbon Storage Hub, Announces JV Partnership
Inside This Issue 💰 OnStream Receives $26 Million in Federal Funding for Louisiana Offshore Carbon Storage Hub Development and Announces Joint Venture Partnership with Major Midstream Company 🌍 Ex...
-
EDF & Abraxas Partner on Green Hydrogen & Ammonia Project in Newfoundland
Inside This Issue 🌍 EDF Group and Abraxas Power Corp. Announce Strategic Partnership for the Exploits Valley Renewable Energy Corporation Green Hydrogen and Ammonia Project in Newfoundland 💧 Hydro...
Company Announcements
-
FLAGSHIPS Wins Prestigious Award at EU Hydrogen Week
The FLAGSHIPS project takes home the Best Outreach Award at EU Hydrogen Week, celebrating its pioneering role in zero-emission waterborne transport and hydrogen innovation. At the EU Hydrogen Week...
-
Haffner Energy Launches Its Hydrogen Production, Testing and Training Center in Champagne, France
Vitry-le-François, France – November 22, 2024, 08:00 am CEST Inaugurated today, Haffner Energy's hydrogen production, testing, and training center is about to start producing renewable hydrogen us...
-
Sara Nawaz and the Institute for Responsible Carbon Removal are paving the way in a crucial sector: addressing climate change through sustainable and equitable carbon removal practices. With growi...
-
'Project Concho' Combines Proven DAC Technology, New Local Wind Power And Texas' Carbon Storage Capacity SAN ANGELO, Texas, Nov. 21, 2024 /PRNewswire/-- Carbon capture and removal project develope...