secwatch.observer — SEC 8-K summary
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Issuer:     DEVON ENERGY CORP/DE (DVN)
CIK:        0001090012
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0001193125-23-200559
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Devon Energy Q2 2023 net earnings $690M ($1.07 diluted); record oil production 323K bpd
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- Net earnings $690M ($1.07 diluted); core earnings $755M ($1.18 diluted).
- Oil production record 323,000 bpd (+8% YoY); total production 662,000 Boe/d.
- Fixed-plus-variable dividend $0.49/share; share repurchase of 3.8M shares for $200M.
- Full-year 2023 capex guidance $3.6B-$3.8B; Q3 oil production guidance 322,000-330,000 bpd.
- Operating cash flow $1.4B, free cash flow $326M; retired $242M debt post-quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1090012/000119312523200559/0001193125-23-200559-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1090012/000119312523200559/d514590d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-200559

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