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Devon Energy Reports Fourth-Quarter 2024 Results and Declares and Raises Quarterly Dividend

1. Devon Energy reports fourth-quarter 2024 financial results and 2025 outlook. 2. The company declares quarterly dividend amidst a diversified multi-basin portfolio. 3. Analyst Q&A conference call is scheduled for February 19, 2025.

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$34.91502/18 04:09 PM EDTEvent Start
$37.5702/19 09:56 PM EDTLatest Updated
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FAQ

Why Bullish?

Positive financial results and guidance typically support stock prices. Past earnings announcements often yield a bullish sentiment.

How important is it?

Earnings results and dividend declarations are critical to investor confidence and stock valuation.

Why Short Term?

Upcoming earnings call may lead to immediate stock price volatility. Historical trends show earnings announcements impact stock prices shortly after release.

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DVNXOMCLREOG
February 18, 2025 16:05 ET  | Source: Devon Energy Corporation OKLAHOMA CITY, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the fourth-quarter 2024. The company also declared its quarterly dividend and provided a 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 fourth-quarter conference call will be held at 10:00 a.m. Central time (11:00 a.m. Eastern time) on Wednesday, Feb. 19, 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. This press release was published by a CLEAR® Verified individual.

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