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Stockholders' Equity
9 Months Ended
Sep. 30, 2015
Stockholders' Equity [Abstract]  
Stockholders' Equity

15.    Stockholders’ Equity

 

Dividends

 

    Devon paid common stock dividends of $296 million and $287 million in the first nine months of 2015 and 2014, respectively. Devon increased the quarterly cash dividend rate from $0.22 per share to $0.24 per share in the second quarter of 2014.   

 

Stock Option Proceeds

 

    Devon received $4 million and $92 million from stock option proceeds during the first nine months of 2015 and 2014, respectively.