Form 8-K · Current Report · Filed 2024-10-03
Devon Energy Files Prospectus Supplement for Grayson Mill Acquisition Shares
On October 3, 2024, Devon Energy Corporation filed a prospectus supplement under Form S-3 to register for resale up to 37,338,223 shares of Common Stock from the Grayson Mill Acquisition.
- Filer
- Devon Energy Corporation DVN · NYSE
- Filed
- Accession
- 0001193125-24-232292
- CIK
- 0001090012
- Signal
- Medium impactEnergy
- Source
- Official filing on sec.gov ↗
Details
The supplement covers shares received by selling stockholders and includes an opinion letter on the validity of the securities.
Items reported
Other Events
Financial Statements and Exhibits
Market reaction
Close before filing
$40.50
Next session
+4.7%
Since filing
+11.4%
Latest close
$45.13
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from DVN reporting the same item, with the next session's move:
Exhibits (1)
About Devon Energy Corporation
Devon Energy Corporation is a prominent player in the energy sector, specializing in the exploration, development, and production of oil and natural gas. With its corporate headquarters located in Oklahoma City, Oklahoma, Devon Energy operates principally across the United States. Its portfolio encompasses some of the most resource-rich areas, such as the Delaware Basin within the greater Permian Basin, Eagle Ford, Anadarko Basin, Powder River Basin, and the Williston Basin. The company's primary function is to harness and maximize value from its substantial onshore oil and gas reserves, making substantial contributions to the energy supply chain. Devon Energy is noted for its strategic focus on efficient and sustainable practices in hydrocarbon extraction and production. It plays a critical role in the U.S. energy landscape, providing resources essential for various sectors including transportation, manufacturing, and residential energy needs. Through innovative drilling and operating techniques, Devon Energy pursues operational excellence while remaining committed to reducing its environmental footprint and enhancing the safety of its operations.
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