Oklahoma City-based Devon Energy will release its first quarter earnings report on Tuesday May 4.
The company announced the release will be made after the close of U.S. financial markets. It will follow with a conference call the next day, Wednesday May 5 at 10 a.m. Central Time.
The earnings release and presentation for the first-quarter 2021 results will be available on the company’s website at www.devonenergy.com.
In February, Devon reported a fourth quarter net loss of $102 million or 27 cents per diluted share. The company also finalized the sale of its Barnett Shale assets which resulted in a $320 million cash payment at the closing.
Devon exited the fourth quarter with $2.6 billion in cash and a debt balance of $7.9 billion. The company also closed its merger with WPX Energy, a merger that saw 26 new wells on line in the Delaware Basin.