Devon Energy Corp Price, Forecast, Insider, Ratings, Fundamentals & Signals

Oklahoma city, may 01, 2024 (globe newswire) -- devon energy corp. (nyse: dvn) today reported financial and operational results for the first-quarter 2024. the company also declared its quarterly dividend and provided an updated outlook for 2024. 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.

Oklahoma city, march 27, 2024 (globe newswire) -- devon energy corp. (nyse: dvn) today announced it will report first-quarter 2024 results on wednesday, may 1, after the close of u.s. financial markets. the earnings release and presentation for the first-quarter 2024 results will be available on the company's website at www.devonenergy.com.

Oklahoma city, feb. 27, 2024 (globe newswire) -- devon energy corp. (nyse: dvn) today reported financial and operational results for the fourth-quarter and full-year 2023. the company also declared its quarterly dividend and provided an outlook for 2024. 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.

Oklahoma city, jan. 23, 2024 (globe newswire) -- devon energy corp. (nyse: dvn) today announced that jeremy humphers, senior vice president and chief accounting officer, is retiring from the company. mr. humphers will step down from his current role effective march 8, 2024. john sherrer will succeed mr. humphers as vice president, accounting & controller and will be designated as the company's principal accounting officer.

Oklahoma city, jan. 17, 2024 (globe newswire) -- devon energy corp. (nyse: dvn) today announced it will report fourth-quarter and full-year 2023 results on tuesday, feb. 27, after the close of u.s. financial markets. the earnings release and presentation for the fourth-quarter and full-year 2023 results will be available on the company's website at www.devonenergy.com.

Enterprise Products Partners owns a portfolio of energy infrastructure and has a fee-based business. Chevron is diversified across the entire energy value chain and has a rock-solid balance sheet.

A relatively high price of oil is supportive of the company's cash flow prospects in 2024. Devon Energy's drilling in its core assets is proving successful.

Devon Energy's variable dividend continues to go down. The oil company is prioritizing share repurchases this year.

Is the market likely to see a reset, similar to the ones after the dot-com bubble in 2000 and the 2008 financial crisis? As with everything in economics, opinions are divided.

Devon Energy's (DVN) first-quarter earnings were better than expected due to strong production volumes. Taking into account the first quarter performance, Devon raised its 2024 production volume.

Devon Energy (DVN) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.10 per share. This compares to earnings of $1.46 per share a year ago.

U.S. shale producer Devon Energy beat first-quarter profit estimates on Wednesday as higher production helped it offset a decline in natural gas prices.

Devon Energy's (DVN) first-quarter production volumes is likely to have been affected by unfavorable weather. DVN's cash flow and utilization of the same to repurchase shares is likely to have boosted earnings.

Devon Energy shares are up around 15% so far in 2024, or more than twice the gain of the S&P 500 index. The company has a variable dividend policy that rewards investors when it does well.

Devon Energy (DVN) closed the most recent trading day at $52.61, moving +0.98% from the previous trading session.