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Stockholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2020
Stockholders Equity Note [Abstract]  
Summary of Purchases of Common Stock

 

 

The table below provides information regarding purchases of Devon’s common stock that were made under the respective share repurchase programs (shares in thousands).

 

 

 

Total Number of

Shares Purchased

 

 

Dollar Value of

Shares Purchased

 

 

Average Price Paid

per Share

 

$5.0 Billion Plan

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

 

78,149

 

 

$

2,978

 

 

$

38.11

 

2019

 

 

68,625

 

 

 

1,827

 

 

 

26.62

 

Total inception-to-date

 

 

146,774

 

 

$

4,805

 

 

$

32.74

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$1.0 Billion Plan

 

 

 

 

 

 

 

 

 

 

 

 

2020

 

 

2,243

 

 

$

38

 

 

$

16.85

 

Total inception-to-date

 

 

2,243

 

 

$

38

 

 

$

16.85

 

 
Summary Of Dividends Paid On Common Stock

The table below summarizes the dividends Devon paid on its common stock.

 

 

Amounts

 

 

Rate Per Share

 

Year Ended 2020:

 

 

 

 

 

 

 

First quarter

$

34

 

 

$

0.09

 

Second quarter

 

42

 

 

$

0.11

 

Third quarter

 

43

 

 

$

0.11

 

Fourth quarter

 

41

 

 

$

0.11

 

Fourth quarter (special dividend)

 

97

 

 

$

0.26

 

Total year-to-date

$

257

 

 

 

 

 

Year Ended 2019:

 

 

 

 

 

 

 

First quarter

$

34

 

 

$

0.08

 

Second quarter

 

37

 

 

$

0.09

 

Third quarter

 

35

 

 

$

0.09

 

Fourth quarter

 

34

 

 

$

0.09

 

Total year-to-date

$

140

 

 

 

 

 

Year Ended 2018:

 

 

 

 

 

 

 

First quarter

$

32

 

 

$

0.06

 

Second quarter

 

42

 

 

$

0.08

 

Third quarter

 

38

 

 

$

0.08

 

Fourth quarter

 

37

 

 

$

0.08

 

Total year-to-date

$

149