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Devon Energy Reports First-Quarter 2025 Results and Declares Quarterly Dividend

1. Devon Energy reported first-quarter 2025 financial results today. 2. The company declared its quarterly dividend amidst updated 2025 outlook. 3. A conference call for analysts and investors is scheduled for May 7. 4. Devon maintains a disciplined cash-return business model focusing on free cash flow. 5. The company emphasizes safe and sustainable operations in its multi-basin portfolio.

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Why Bullish?

Positive earnings and dividend declaration often lead to stock price increases. Devon's strong operational focus may attract investor interest.

How important is it?

The content directly discusses earnings and dividend declarations, major drivers of stock valuation. Recent dividend announcements typically boost investor confidence.

Why Short Term?

The immediate impact relates to the upcoming conference call where analysts will assess performance. Historical patterns show quick market reactions to earnings announcements.

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May 06, 2025 16:05 ET  | Source: Devon Energy Corporation OKLAHOMA CITY, May 06, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the first-quarter 2025. The company also declared its quarterly dividend and provided an updated 2025 outlook. 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 time (11:00 a.m. Eastern time) on Wednesday, May 7, 2025, 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 diversified 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.

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