Devon Energy announces 3Q earnings report schedule

Earnings Report - Overview, Components, Significance

Oklahoma City-based Devon Energy Corp. announced it will report third-quarter 2021 results on Tuesday, Nov. 2. and investors will learn whether company leadership was correct in predicting more financial growth and strength.

The release will be made after the close of U.S. financial markets.

The earnings release and presentation for the third-quarter 2021 results will be available on the company’s website at www.devonenergy.com.

On Wednesday, Nov. 3, the company will hold a conference call at 10:00 a.m. Central Time (11:00 a.m. Eastern Time), which will consist primarily of answers to questions from analysts and investors.

A webcast link to the conference call will be provided on Devon’s website at www.devonenergy.com. A replay will be available on the website following the call.

Devon reported second quarter net earnings of $256 million or 38 cents a diluted share. The company stated at the time that adjusting for items analysts typically exclude from estimates, Devon’s core earnings were $408 million or $0.60 per diluted share.

It prompted Rick Muncrief, president and CEO to state at the time, “2021 is shaping up to be an excellent year for Devon that can best be defined as one of comprehensive execution across all elements of our strategy, resulting in expanded margins, growth in free cash flow and the return of significant value to our shareholders through higher dividends and the reduction of debt.”

“As I look to the second half of the year, the investment proposition for Devon only continues to strengthen,” Muncrief added.

 

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