Devon Energy Reports Fourth-Quarter 2021 Financial and Operational Results

Rhea-AI Summary

Devon Energy Corp. (NYSE: DVN) reported its fourth-quarter 2021 financial results on February 15, 2022. The company emphasized its position as a leading oil and gas producer in the U.S., showcasing its multi-basin portfolio, particularly in the Delaware Basin. Devon highlighted its disciplined cash-return model aimed at generating strong returns and free cash flow while ensuring sustainable operations. For detailed insights, stakeholders can access the full earnings report and upcoming conference call details from the Investor Relations section on their website.

Positive

• Devon Energy is a top oil and gas producer in the U.S., showcasing a robust multi-basin portfolio.
• The company maintains a disciplined cash-return business model designed for strong returns and free cash flow.

Negative

• None.

OKLAHOMA CITY, Feb. 15, 2022 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the fourth quarter of 2021. The company’s earnings release, supplemental financial tables, updated 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 (11:00 a.m. Eastern) on Wednesday, Feb. 16, 2022, 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 premier 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.

Investor Contacts Scott Coody, 405-552-4735 Chris Carr, 405-228-2496		Media Contact Lisa Adams, 405-228-1732

FAQ

What were Devon Energy's fourth-quarter results for 2021?

Devon Energy reported its financial results for Q4 2021 on February 15, 2022, emphasizing its strong position in the oil and gas sector.

What is the conference call timing related to Devon Energy's results?

Devon Energy's fourth-quarter conference call is scheduled for 10:00 a.m. Central on February 16, 2022.

Where can I find Devon Energy's earnings report?

Devon Energy's earnings release and supplemental financial tables are accessible on their Investor Relations website.

What is Devon Energy's business model?

Devon Energy operates on a disciplined cash-return model, focusing on strong returns, free cash flow, and sustainable operations.