secwatch.observer — SEC 8-K summary
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Issuer:     DEVON ENERGY CORP/DE (DVN)
CIK:        0001090012
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001193125-24-251247
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Devon Q3 net earnings $812M ($1.30/sh); oil prod beat; no variable dividend; Grayson Mill closed
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- Net earnings of $812M ($1.30 diluted EPS); core earnings $683M ($1.10/sh).
- Oil production 335,000 bbl/d (4% above guidance); total output 728,000 Boe/d.
- Closed Grayson Mill acquisition on Sept 27; added 307,000 net acres in Williston Basin.
- Declared fixed dividend $0.22/sh but no variable dividend; repurchased $295M of stock.
- Q4 guidance raised to 811-830 MBoe/d; capital midpoint $950M; retired $472M debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1090012/000119312524251247/0001193125-24-251247-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1090012/000119312524251247/d824691d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-251247

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