Devon Energy Boosts Dividend, Reports Solid 2023

Devon Energy (DVN) has released an update.

Devon Energy has announced its financial results for the fourth quarter and the full year of 2023, alongside declaring a quarterly dividend and revealing a 10% increase in its fixed dividend for 2024. The company, a prominent player in the U.S. oil and gas sector known for its efficient cash-return model and strong presence in the Delaware Basin, continues to focus on generating strong returns and sustainable operations. Further details and the company’s financial outlook are available on its website, with an upcoming conference call to address investor and analyst queries.

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