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Devon Energy Corp. Buyback

OLI recorded this information on 5/8/2023

Company: Devon Energy Corp.
Buyback: DVN buyback
$Amount Authorized: $3,000,000,000
Buyback Details: Devon Energy Reports First-Quarter 2023 Results; Declares Quarterly Dividend and Expands Stock-Repurchase Program by 50 Percent to $3 Billion: Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the first-quarter 2023. The company also declared its quarterly dividend and expanded its stock-repurchase program. 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.

Devon Energy is an independent energy company engaged primarily in the exploration, development and production of oil, natural gas and natural gas liquids. Co.'s operations are concentrated in various onshore areas in U.S. Co. focuses on various U.S. oil and liquids plays located in the Delaware Basin, Anadarko Basin, Williston Basin, Eagle Ford and Powder River Basin.

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Company Name: 
Devon Energy Corp.
Stock buyback: 
DVN buyback
Website: 
www.devonenergy.com
Sector: 
Oil & Gas Exploration & Production
Number of ETFs Holding DVN: 
104
Total Market Value Held by ETFs: 
$6.56B
Total Market Capitalization: 
$33.10B
% of Market Cap. Held by ETFs: 
19.83%
 

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Buy (3.22 out of 4)
41st percentile
(ranked lower than approx. 59% of all stocks covered)

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