v3.26.1
Stockholders' Equity (Tables)
 3 Months Ended
Mar. 31, 2026
Stockholders' Equity Note [Abstract]  
Summary of Purchases of Common Stock The table below provides information regarding purchases of Devon’s common stock under the $5.0 billion share repurchase program (shares in thousands).

 

 

Total Number of
Shares Purchased

 

 

Dollar Value of
Shares Purchased

 

 

Average Price Paid
per Share

 

$5.0 Billion Plan

 

 

 

 

 

 

 

 

 

2021

 

 

13,983

 

 

$

589

 

 

$

42.15

 

2022

 

 

11,708

 

 

 

718

 

 

$

61.36

 

2023

 

 

19,350

 

 

 

992

 

 

$

51.23

 

2024

 

 

23,944

 

 

 

1,044

 

 

$

43.61

 

2025:

 

 

 

 

 

 

 

 

 

First quarter

 

 

8,505

 

 

 

301

 

 

$

35.33

 

Second quarter

 

 

7,866

 

 

 

249

 

 

$

31.78

 

Third quarter

 

 

7,324

 

 

 

250

 

 

$

34.06

 

Fourth quarter

 

 

7,118

 

 

 

250

 

 

$

35.12

 

2025 Total

 

 

30,813

 

 

 

1,050

 

 

$

34.07

 

2026:

 

 

 

 

 

 

 

 

 

First quarter

 

 

1,850

 

 

 

69

 

 

$

37.39

 

Total plan

 

 

101,648

 

 

$

4,462

 

 

$

43.90

 

 
Schedule of Dividends Payable The following table summarizes Devon’s dividends paid for the first quarter of 2026 and 2025, respectively.

 

 

Dividends

 

 

Rate Per Share

 

2026:

 

 

 

 

 

 

First quarter

 

$

155

 

 

$

0.24

 

2025:

 

 

 

 

 

 

First quarter

 

$

163

 

 

$

0.24