Aug 6 (Reuters) - Devon Energy Corp ::DEVON ENERGY REPORTS SECOND-QUARTER 2019 RESULTS.REDUCING FULL-YEAR 2019 CAPITAL GUIDANCE.LOWERING E&P CAPITAL INVESTMENT EXPECTATIONS BY $50 MILLION TO A RANGE OF $1.8 BILLION TO $1.9 BILLION IN 2019.QTRLY EARNINGS PER SHARE $1.19.QTRLY CORE EARNINGS PER SHARE $0.43.QTRLY TOTAL REVENUES $1,921 MILLION VERSUS $1,922 MILLION.Q2 EARNINGS PER SHARE VIEW $0.34, REVENUE VIEW $2.17 BILLION -- REFINITIV IBES DATA.LOWERING ITS E&P CAPITAL INVESTMENT EXPECTATIONS BY $50 MILLION TO A RANGE OF $1.8 BILLION TO $1.9 BILLION IN 2019.QTRLY TOTAL OIL EQUIVALENT PRODUCTION NET OF ROYALTIES OF 521 MBOE/D VERSUS 541 MBOE/D REPORTED LAST YEAR.SEES Q3 TOTAL OIL EQUIVALENT PRODUCTION OF 401 MBOE/D TO 431 MBOE/D.SEES 2019 TOTAL OIL EQUIVALENT PRODUCTION OF 407 MBOE/D - 433 MBOE/D.SEES Q3 DEVON CAPITAL EXPENDITURES $460 MILLION TO $575 MILLION.SEES 2019 CAPEX $1,880 MILLION - $2,000 MILLION.LOWERING ITS FULL-YEAR 2019 OUTLOOK FOR G&A FOR THE TO A MIDPOINT OF $470 MILLION.Q2 EARNINGS PER SHARE VIEW $0.34, REVENUE VIEW $2.17 BILLION -- REFINITIV IBES DATA.
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June 10 (Reuters) - Devon Energy Corp ::DEVON ENERGY ESTABLISHES TARGET TO REDUCE METHANE EMISSIONS.DEVON ENERGY CORP - BY 2025, DEVON WILL ACHIEVE A METHANE-INTENSITY RATE OF 0.28 PERCENT OR LOWER.
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May 29 (Reuters) - Canadian Natural Resources Ltd ::CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES THE ACQUISITION OF SUBSTANTIALLY ALL OF THE ASSETS OF DEVON CANADA CORPORATION.CANADIAN NATURAL RESOURCES- DEAL FOR A CASH PURCHASE PRICE OF C$3.775 BILLION.
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May 29 (Reuters) - Devon Energy Corp ::DEVON ENERGY ANNOUNCES STRATEGIC EXIT OF CANADIAN BUSINESS FOR CAD $3.8 BILLION.DEVON ENERGY CORP - PROCEEDS FROM SALE OF CANADA WILL BE USED FOR DEBT REDUCTION.DEVON ENERGY CORP - DEVON CONTINUES TO ADVANCE DIVESTITURE PROCESS FOR ITS BARNETT SHALE GAS ASSETS IN NORTH TEXAS.DEVON ENERGY CORP - DATA ROOMS FOR BARNETT WILL OPEN IN Q2 OF 2019.
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May 1 (Reuters) - Devon Energy Corp ::EXPECT U.S. OIL BUSINESS TO ACHIEVE AT LEAST $780 MILLION IN SUSTAINABLE ANNUAL COST SAVINGS BY 2021 - CEO, CONF CALL.EXPECT TO USE PROCEEDS FROM CANADA AND BARNETT ASSET SALE TO RETIRE UP TO $3 BILLION OF DEBT - CEO, CONF CALL.SEES Q2 OIL PRODUCTION AT 134-141 MBOD - PRESENTATION.SEES 3-YEAR CUMULATIVE FREE CASH FLOW OF $2.3 BILLION AT $60 WTI FROM NEW DEVON - PRESENTATION.WILL NOT BE RAISING OUR CAPITAL GUIDANCE - CEO, CONF CALL.EXPECT "SOME MINOR GROWTH" IN OIL VOLUME IN THE DELAWARE IN Q2 - CO EXEC. CONF CALL.
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April 24 (Reuters) - Devon Energy Corp ::DEVON ENERGY CORP SAYS CEO DAVID HAGER'S FY 2018 TOTAL COMPENSATION WAS $12.5 MILLION VERSUS $13.4 MILLION IN FY 2017 - SEC FILING.DEVON ENERGY CORP SAYS CEO PAY RATIO FOR 2018 IS 79:1.
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Feb 20 (Reuters) - Devon Energy Corp ::DEVON ENERGY SAYS AS OF DECEMBER 31, 2018, DEVON AND ITS CONSOLIDATED SUBSIDIARIES HAD APPROXIMATELY 2,900 EMPLOYEES - SEC FILING.DEVON ENERGY SAYS AS OF DEC 31, 2017, CO, UNITS HAD ABOUT 4,900 EMPLOYEES, OF WHICH ABOUT 1,500 EMPLOYEES WERE EMPLOYED BY ENLINK.
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Feb 20 (Reuters) - Devon Energy Corp ::WORKING TO DELIVER AT LEAST $780 MILLION IN ANNUAL COST SAVINGS - CEO, CONF. CALL.EXPECTS E&P CAPITAL IN THE RANGE OF $1.8 BILLION TO $2 BILLION FOR 2019.CURRENTLY EXPECTING A COMPLETE EXIT FROM CANADA AND BARNETT - CFO, CONF. CALL.EXPECTS TO CLOSE DATA ROOM ON CANADA ASSETS BY END OF Q1, BARNETT BY END OF Q2 - CO EXEC, CONF. CALL.
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Feb 19 (Reuters) - Devon Energy Corp ::QTRLY TOTAL OIL EQUIVALENT PRODUCTION NET OF ROYALTIES OF 532 MBOE/D VERSUS 548 MBOE/D.SEES Q1 TOTAL OIL EQUIVALENT PRODUCTION (MBOE/D) 478 - 514.QTRLY TOTAL REVENUES $3,708 MILLION VERSUS $2,380 MILLION.Q4 REVENUE VIEW $2.67 BILLION -- REFINITIV IBES DATA.SEES FULL YEAR TOTAL OIL EQUIVALENT PRODUCTION (MBOE/D) 496 - 531.SEES FULL YEAR CAPITAL EXPENDITURES $2,050 MILLION - $2,310 MILLION.SEES Q1 CAPITAL EXPENDITURES $530 MILLION - $605 MILLION.
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Feb 19 (Reuters) - Devon Energy Corp ::DEVON ENERGY ANNOUNCES FINAL STEP TO COMPLETE TRANSFORMATION TO U.S. OIL GROWTH COMPANY.DEVON ENERGY CORP - PURSUING SEPARATION OF ITS CANADIAN AND BARNETT SHALE ASSETS.DEVON ENERGY CORP - EXPECT TO COMPLETE SEPARATION BY END OF 2019.DEVON ENERGY CORP - SHARE-REPURCHASE AUTHORIZATION INCREASED TO $5 BILLION.DEVON ENERGY CORP - QUARTERLY DIVIDEND INCREASED 13 PERCENT.DEVON ENERGY CORP - COMMITTED TO AT LEAST $780 MILLION IN ANNUAL COST REDUCTIONS.DEVON ENERGY CORP - ABOUT 70 PERCENT OF ESTIMATED COST REDUCTIONS ARE EXPECTED TO BE ACCOMPLISHED BY YEAR-END 2019.DEVON ENERGY - TO USE POTENTIAL PROCEEDS FROM SEPARATION OF ITS CANADIAN AND BARNETT SHALE ASSETS TO MAINTAIN TARGET DEBT LEVELS OF 1.0-TO-1.5X EBITDA.
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