8-KEarnings & ResultsExhibits & Filings

DEVON ENERGY CORP/DE 8-K Report, Financial Results (Feb 18, 2020)

Filed February 18, 2020For Securities:DVN

Summary

Devon Energy Corporation (DVN) filed an 8-K on February 18, 2020, to report its financial and operational results for the fourth quarter and full year ended December 31, 2019. The filing primarily serves to furnish copies of the company's earnings release, operations report, and supplemental financial information, which includes guidance and hedging details. Investors should refer to the furnished exhibits (99.1, 99.2, and 99.3) for detailed insights into DVN's performance. These documents, available on the company's website, are crucial for understanding the company's financial condition, operational achievements, future outlook, and risk management strategies as of late 2019 and early 2020. It's important to note that the information is furnished, not filed, and thus has different implications under SEC regulations.

Key Highlights

  • 1Devon Energy announced its Q4 and full-year 2019 financial and operational results on February 18, 2020.
  • 2The 8-K filing includes an earnings release (Exhibit 99.1) for detailed financial performance.
  • 3An operations report for the fourth quarter of 2019 (Exhibit 99.2) provides operational segment information.
  • 4Supplemental financial information, including future guidance and hedging details, is provided in Exhibit 99.3.
  • 5All furnished documents are accessible on Devon Energy's official website (www.devonenergy.com).
  • 6The information furnished in this report is not considered 'filed' under Section 18 of the Exchange Act, meaning it does not carry the same legal implications for misstatements as filed documents.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly announce and provide access to Devon Energy's financial and operational results for the fourth quarter and full year ended December 31, 2019, through accompanying earnings release, operations report, and supplemental financial information.

The detailed financial and operational results are contained within the exhibits furnished with this 8-K report: Exhibit 99.1 (Earnings Release), Exhibit 99.2 (Fourth Quarter 2019 Operations Report), and Exhibit 99.3 (Supplemental Financial Information including guidance and hedging).

Exhibit 99.3 provides crucial supplemental financial information for investors, including forward-looking guidance from the company and details about its hedging activities, which are important for understanding potential future financial performance and risk mitigation.

No, the information in this report and its exhibits is 'furnished,' not 'filed,' under Section 18 of the Securities Exchange Act of 1934. This means it does not carry the same legal liability for misstatements or omissions as documents that are formally 'filed' with the SEC, unless expressly incorporated into a filed document.