DEVON ENERGY ANNOUNCES REGULAR DIVIDEND ON $1.94 CONVERTIBLE PREFERRED STOCK
DEVON ENERGY ANNOUNCES REGULAR DIVIDEND
ON $1.94 CONVERTIBLE PREFERRED STOCK
OKLAHOMA CITY, Dec. 2 /PRNewswire/ -- Devon Energy Corp. (AMEX: DVN and DVN.Pr) reported today that its board of directors declared a $0.485 dividend on the company's $1.94 Convertible Preferred Stock. The dividend, covering the period from Oct. 1, 1991, through Dec. 31, 1991, is payable on Dec. 31, 1991, to preferred stockholders of record as of the close of business Dec. 18, 1991.
Devon Energy Corp. is an independent energy company engaged primarily in oil and gas property acquisitions, exploration and production, and oil and natural gas remarketing. The company ranks in the top 25 percent of U.S. publicly held oil and gas firms, measured by oil and gas reserves.
Additional information can be obtained on Devon Energy, Via FAX, no cost -- dial 1-800-PRO-INFO, Code 047.
/CONTACT: Marian J. Moon of Devon Energy, 405-235-3611; Lynne Franklin or Nick Farina, 312-266-7800 (Chicago); or Kathy Phelan, 212-661-8030 (New York), all of Financial Relations Board/
(DVN) CO: Devon Energy Corp. ST: Oklahoma IN: OIL SU: DIV SH -- NY066 -- 8466 12/02/91 15:33 EST