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Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2023

Stockholders' Equity [Table]

Summary Of Dividends Paid On Common Stock

The following table summarizes the dividends Devon has paid on its common stock in 2023, 2022 and 2021, respectively.

	Fixed				Variable				Total				Rate Per Share
2023:
First quarter	$	133			$	463			$	596			$	0.89
Second quarter		128				334				462			$	0.72
Third quarter		127				185				312			$	0.49
Fourth quarter		127				361				488			$	0.77
Total year-to-date	$	515			$	1,343			$	1,858
2022:
First quarter	$	109			$	558			$	667			$	1.00
Second quarter		105				725				830			$	1.27
Third quarter		117				890				1,007			$	1.55
Fourth quarter		117				758				875			$	1.35
Total year-to-date	$	448			$	2,931			$	3,379
2021:
First quarter	$	76			$	127			$	203			$	0.30
Second quarter		75				154				229			$	0.34
Third quarter		74				255				329			$	0.49
Fourth quarter		73				481				554			$	0.84
Total year-to-date	$	298			$	1,017			$	1,315

Share Repurchase Program [Member]

Stockholders' Equity [Table]

Summary of Repurchases of Common Stock

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

		Total Number of Shares Purchased				Dollar Value of Shares Purchased				Average Price Paid per Share
$3.0 Billion Plan
2021			13,983			$	589			$	42.15
2022			11,708				718				61.36
2023			19,350				992				51.23
Total plan			45,041			$	2,299			$	51.05

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