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Devon Energy Announces Fourth-Quarter 2018 Cash Dividend for Common Stockholders

OKLAHOMA CITY–(BUSINESS WIRE)–Devon Energy Corp. (NYSE: DVN) announced today that its board of
directors has declared a quarterly cash dividend on Devon’s common stock
for the fourth quarter of 2018. The dividend is payable on Dec. 28,
2018, at a rate of $0.08 per share based on a record date of Dec. 14,
2018.

About Devon Energy

Devon Energy is a leading independent energy company engaged in finding
and producing oil and natural gas. Based in Oklahoma City and included
in the S&P 500, Devon operates in several of the most prolific oil and
natural gas plays in the U.S. and Canada with an emphasis on achieving
strong returns and capital-efficient cash-flow growth. For more
information, please visit www.devonenergy.com.

Contacts

Devon Energy Corporation
Investor Contacts
Scott Coody,
405-552-4735
Chris Carr, 405-228-2496
Media Contact
John
Porretto, 405-228-7506