Devon Energy Announces Third-Quarter 2017 Cash Dividend for Common Stockholders

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 third quarter of 2017. The dividend is payable on Sept. 29,
2017, at a rate of $0.06 per share based on a record date of Sept. 15,
2017.

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 a balanced
portfolio. The Company is the second-largest oil producer among North
American onshore independents. For more information, please visit www.devonenergy.com.

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