Devon Energy Announces Fourth-Quarter Cash Dividend for Common Stockholders

Devon Energy Corp. (NYSE: DVN) today announced that its board of directors declared a quarterly cash dividend on Devon’s common stock for the fourth quarter of 2016. The dividend is payable on Dec. 30, 2016, at a rate of $0.06 per share based on a record date of Dec. 15, 2016.

About Devon Energy

Devon Energy is a leading independent energy company engaged in finding and producing oil and natural gas. Based in Oklahoma City and included in the S&P 500, Devon operates in several of the most prolific oil and natural gas plays in the U.S. and Canada with an emphasis on a balanced portfolio. The Company is the second-largest oil producer among North American onshore independents. For more information, please visit www.devonenergy.com.

Contacts:

Devon Energy Corporation
Investor Contacts
Howard Thill, 405-552-3693
Scott Coody, 405-552-4735
Chris Carr, 405-228-2496
Media Contact
John Porretto, 405-228-7506

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