Summary
Devon Energy Corporation (DVN) filed an 8-K on May 2, 2017, primarily to furnish its first-quarter 2017 financial results announcement. The company did not elect to use the extended transition period for new or revised accounting standards, as it is not an emerging growth company. This filing serves as the primary vehicle for investors to access the company's reported performance for the first quarter of 2017. Investors should refer to the attached news release (Exhibit 99.1) for detailed financial and operational information, as this 8-K itself does not contain the specific results.
Key Highlights
- 1Devon Energy furnished its Q1 2017 financial results announcement via an 8-K filing on May 2, 2017.
- 2The filing includes Exhibit 99.1, which is the official news release detailing the company's Q1 2017 performance.
- 3Devon Energy is not an emerging growth company.
- 4The company has elected not to use the extended transition period for new or revised accounting standards.
- 5The Chief Financial Officer, Jeffrey L. Ritenour, signed the filing, indicating oversight of financial disclosures.
- 6This 8-K is a notification filing; detailed Q1 2017 results are within the attached press release.
Frequently Asked Questions
The main purpose of this 8-K filing is to officially furnish Devon Energy's news release dated May 2, 2017, which announces their first-quarter 2017 financial results and operational performance.
The specific financial and operational results for the first quarter of 2017 are detailed in the news release attached as Exhibit 99.1 to this 8-K filing. Investors should review that document for comprehensive details.
No, according to the filing, Devon Energy is not an emerging growth company and has not elected to use the extended transition period for complying with new or revised financial accounting standards.
The 8-K filing was signed by Jeffrey L. Ritenour, Executive Vice President and Chief Financial Officer of Devon Energy Corporation.