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Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2021

Stockholders Equity Note [Abstract]

Summary of Purchases of Common Stock

The table below provides information regarding purchases of Devon’s common stock that were made in 2020 under a share repurchase program that expired at the end of 2020 (shares in thousands).

		Total Number of Shares Purchased				Dollar Value of Shares Purchased				Average Price Paid per Share
First quarter 2020			2,243			$	38			$	16.85
Total			2,243			$	38			$	16.85

Schedule of Dividends Payable

The following table summarizes Devon’s fixed and variable dividends for the first nine months of 2021 and 2020, respectively.

	Fixed				Variable				Total				Rate Per Share
2021:
First quarter	$	76			$	127			$	203			$	0.30
Second quarter		75				154				229			$	0.34
Third quarter		74				255				329			$	0.49
Total year-to-date	$	225			$	536			$	761
2020:
First quarter	$	34			$	—			$	34			$	0.09
Second quarter		42				—				42			$	0.11
Third quarter		43				—				43			$	0.11
Total year-to-date	$	119			$	—			$	119

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