First quarter 2018 results for Devon Energy Corp. will be released Tuesday, May 1 according to an announcement by the Oklahoma City-based company.
The results will be released after the close of U.S. financial markets followed by a conference call the next morning at 10 a.m. Central Time.
Earlier this year, the company confirmed an acceleration in its Delaware Basin and STACK assets. Daily rates from those assets totaled an estimated 195,000 oil-equivalent barrels a day. Devon executives said the combined daily production rates from the two franchise growth assets represented more than a 10 percent increase compared to the fourth quarter of 2017 and a 20 percent increased compared to the full-year 2017 average.