Devon Energy Reports Fourth-Quarter and Full-Year 2018 Results

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Devon Energy (DVN) Raises Quarterly Dividend 12.5% to $0.09; 1.3% Yield

February 19, 2019 4:24 PM EST

Devon Energy (NYSE: DVN) declared a quarterly dividend of $0.09 per share, or $0.36 annualized. This is a 12.5% increase from the prior dividend of $0.08.

The dividend will be payable on June 28, 2019, to stockholders of record on June 14, 2019, with an ex-dividend date of June 13,... More

Devon Energy (DVN) Posts Q4 Results, to Separate Canadian and Barnett Shale assets, Raises Dividend and Buyback

February 19, 2019 4:23 PM EST

Devon Energy (NYSE: DVN) reported Q4 EPS of $0.10, $0.23 worse than the analyst estimate of $0.33.

Completing Transformation to High-Return U.S. Oil Growth Company

Additionally, in a separate press release issued today, Devon announced that its board of directors has authorized the company to pursue the separation of its Canadian and Barnett Shale assets to complete the transformation to a high-return U.S. oil growth business. The company will evaluate multiple methods of separating the assets,... More