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

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

February 19, 2019 4:11 PM EST

OKLAHOMA CITY--(BUSINESS WIRE)-- Devon Energy Corp. (NYSE: DVN) today reported operational and financial results for the fourth quarter and full-year 2018. Also provided is the companys guidance for the first quarter and full-year 2019. Supplemental financial tables for the fourth quarter, full-year 2018 and 2019 outlook are available on the companys website at www.devonenergy.com.

Fourth-Quarter and Full-Year 2018 Highlights

Light-oil production advances 20 percent year... More

Devon Energy Announces Final Step to Complete Transformation to U.S. Oil Growth Company

February 19, 2019 4:10 PM EST

Highlights

Pursuing separation of its Canadian and Barnett Shale assets Expect to complete separation by end of 2019 Share-repurchase authorization increased to $5 billion Quarterly dividend increased 13 percent Committed to at least $780 million in annual cost reductions

OKLAHOMA CITY--(BUSINESS WIRE)-- Devon Energy Corp. (NYSE: DVN) today announced that the board of directors has authorized the company to pursue the separation of its Canadian and Barnett Shale assets to... More