Devon Energy Announces First-Quarter Cash Dividend for Common Stockholders

OKLAHOMA CITY--(BUSINESS WIRE)-- Devon Energy Corp. (NYSE: DVN) today announced that its board of directors declared a quarterly cash dividend on Devon’s common stock for the first quarter of 2016. The dividend is payable on March 31, 2016, at a rate of $0.24 per share based on a record date of March 15, 2016.

Devon Energy is a leading independent energy company engaged in finding and producing oil and natural gas. Based in Oklahoma City and included in the S&P 500, Devon operates in several of the most prolific oil and natural gas plays in the U.S. and Canada with an emphasis on a balanced portfolio. The company is the second-largest oil producer among North American onshore independents. For more information, please visit www.devonenergy.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20151202005831/en/

Devon Energy Corp.
Investor Contacts:
Howard Thill, 405-552-3693
Scott Coody, 405-552-4735
Shea Snyder, 405-552-4782
Media Contact:
John Porretto, 405-228-7506

Source: Devon Energy Corp.

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