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
-
Heidelberg's $1.36B Edmonton Plant Is on Hold. Here's Why.
Inside This Issue 🚧 Carbon Price Gap Stalls Heidelberg Materials' $1.36B Edmonton Cement Carbon Capture Project ⛽ Shanghai Electric Contributes to World-Record Biomethanol Bunkering Operation ⚖️ I...
-
Mombak Delivered 21,000 Google Carbon Tonnes Two Years Early
Inside This Issue 🌱 Mombak Beat Google's 2028 Carbon Deadline by Two Years 🛫 China's First SAF Compliance Service for Foreign-Registered Business Jets Successfully Implemented ✈️ UMeWorld Advances...
-
IRS Just Gave Carbon Capture Projects a Longer Runway
Inside This News ⚡ IRS Expands and Extends 45Q Safe Harbor, Offering Long-Term Certainty to Carbon Capture Projects 🌊 South Korea Signs MoU for 320MW Green Hydrogen Complex 🌱 Senken and Carbonsate...
Company Announcements
-
Research to be presented at COM 2026 highlights Novacium’s proprietary HyDRAS™ process, which combines black dross and bauxite residue to produce hydrogen while recovering value from aluminum indu...
-
Shanghai Electric Contributes to World-Record Biomethanol Bunkering Operation
SHANGHAI, Aug. 20, 2026 /PRNewswire/ -- On August 17, Shanghai Electric partnered with Shanghai International Port Group and CMA CGM Group to conduct a biomethanol bunkering operation with a total ...
-
MISSISSAUGA, Ontario, Aug. 18, 2026 /PRNewswire/ -- Next Hydrogen Solutions Inc. is pleased to announce that it has completed a Basic Design Engineering Package (BDEP) for a planned 10 MW fueling s...
-
Syzygy Plasmonics and IFC Partner to Advance Sustainable Aviation Fuel Projects Across Latin America
Framework agreement supports the development of Syzygy's SAF project pipeline in Latin America, beginning with its first planned commercial-scale facility in Uruguay. Syzygy Plasmonics, a leader i...