Devon Energy Corp. announced today that D. Martin Phillips, a managing partner of the EnCap Investments, L.P. , will resign from the company's board of directors effective immediately. The resignation is following a reduction in EnCap's holdings in Devon through disposition transactions that occurred on Feb. 22, 2021. The resignation is consistent with the provisions of a shareholder agreement that permitted EnCap to [...]
KEY MESSAGES Board declares $0.19 per share variable cash dividend based on fourth-quarter results Variable dividend is in addition to previously declared fixed quarterly dividend of $0.11 per share Both fixed and variable dividends are payable on Mar. 31, 2021 OKLAHOMA CITY, Feb. 16, 2021 -- Devon Energy Corp. announced today that its board of directors has declared a $128 million variable cash dividend in the amount of [...]
Devon Energy Corp. today reported financial and operational results for the fourth quarter and full year of 2020. The company's earnings release, supplemental financial tables, updated guidance and related earnings presentation can be accessed via the Investor Relations section of Devon's website, www.devonenergy.com. These materials will also be available on the Securities and Exchange Commission's website. The company's [...]
Devon Energy Corp. will host its fourth-quarter and full-year 2020 earnings conference call earlier than previously announced. The conference call will be held at 9 a.m. Central Time on Wednesday, Feb. 17. The call will consist primarily of answers to questions from analysts and investors. A webcast link to the conference call will be provided on Devon’s website at www.devonenergy.com. A replay will be available on the [...]
Devon Energy Corp. today announced it will report fourth-quarter and full-year 2020 results on Tuesday, Feb. 16, after the close of U.S. financial markets. The earnings release and presentation for the fourth-quarter and full-year 2020 results will be available on the company’s website at www.devonenergy.com. On Wednesday, Feb. 17, the company will hold a conference call at 10:00 a.m. Central Time , which will consist [...]
Devon Energy Corp. and WPX Energy Inc. today announced the successful completion of their previously announced all-stock merger of equals, creating a leading energy producer in the U.S., with an asset base underpinned by a premium acreage position in the economic core of the Delaware Basin. The combined company will operate under the name Devon Energy and be headquartered in Oklahoma City. “This transformational merger [...]
Devon Energy Corp. and WPX Energy, Inc. today announced the shareholders of both companies voted in favor of all proposals necessary for the closing of the previously announced all-stock merger of equals between Devon and WPX. The merger is anticipated to close on January 7, 2021. At the special meeting of Devon shareholders held today, more than 70 percent of the shares of Devon common stock were represented, and more [...]
Devon Energy Corp. announced today that its board of directors has declared a quarterly cash dividend on Devon’s common stock for the first quarter of 2021. The dividend is payable on March 31, 2021, at a rate of $0.11 per share based on a record date of March 15, 2021. About Devon Energy Devon Energy is a leading independent energy company engaged in finding and producing oil and natural gas. Based in Oklahoma City and [...]
Kaskela Law LLC announces that is investigating Devon Energy Corp. on behalf of the Company's shareholders. On September 28, 2020, Devon announced that it had entered into an agreement to combine with WPX Energy Inc. . In connection with the proposed business combination, Devon plans to issue approximately 290 million shares of common stock to WPX's shareholders, who are expected to own 43% of the combined company upon [...]
Devon Energy Corp. announced today that management will present at the BofA Securities Global Energy Conference at 4:00 p.m. ET on Wednesday, Nov. 11, 2020. The presentation will be available to the public via webcast and will include forward-looking information. A link to the webcast will be accessible from Devon’s home page at www.devonenergy.com on the date of the event. Devon Energy is a leading independent energy [...]
Devon Energy Corp. today reported financial and operational results for the third quarter 2020. The company’s earnings release, supplemental financial tables, updated guidance and related earnings presentation can be accessed via the Investor Relations section of Devon’s website, www.devonenergy.com. These materials will also be available on the Securities and Exchange Commission's website. The company’s third-quarter [...]
Devon Energy Corp. today announced it will report third-quarter 2020 results on Thursday, Oct. 29, after the close of U.S. financial markets. The earnings release and presentation for the third-quarter 2020 results will be available on the company’s website at www.devonenergy.com. On Friday, Oct. 30, the company will hold a conference call at 9:30 a.m. Central Time , which will consist primarily of answers to questions [...]