SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event report): October 26, 2000
DEVON ENERGY CORPORATION
(Exact Name of Registrant as Specified in its Charter)
DELAWARE 000-30176 73-1567067
(State or Other Jurisdiction (Commission File (IRS Employer
of Incorporation or Organization) Number) Identification Number)
20 NORTH BROADWAY, SUITE 1500 OKLAHOMA CITY, OK 73102
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (405) 235-3611
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Item 5. Other Events
Devon Energy Corporation ("Devon") and Santa Fe Snyder
Corporation ("Santa Fe Snyder") consummated their merger on
August 29, 2000. The merger was accounted for under the
pooling-of-interests method of accounting for business
combinations. Combinations accounted for as poolings must
conform with the overriding thrust of the pooling concept that
requires a sharing of risks and rights among the stockholders
of the combining companies. The Securities and Exchange
Commission's (the "SEC") rules and regulations prohibit
affiliates of companies involved in a pooling to sell or in any
other way reduce their risk relative to any common shares
received in the business combination until the "risk period"
has expired. Under the SEC's rules and regulations, the risk
period expires once financial results covering at least thirty
days of post-merger combined operations have been published.
In order to terminate the risk period of the Devon-Santa
Fe Snyder merger, Devon is providing the following unaudited
operating results for the month ended September 30, 2000.
Total revenues (in millions) $ 246.3
Net earnings (in millions) $ 72.9
Net earnings applicable to common
shareholders (in millions) $ 72.1
Net earnings per average common
share outstanding:
Basic $ 0.56
Diluted $ 0.54
The results shown above do not include approximately $57.2
million ($35.3 million after-tax) of expenses related to the
Santa Fe Snyder merger that were expensed upon consummation of
the merger in the month of August 2000.
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SIGNATURES
Pursuant to the requirements of the Securities and
Exchange Act of 1934, the registrant has duly caused this
report to be signed on its behalf by the undersigned hereto
duly authorized.
DEVON ENERGY CORPORATION
By: DANNY J. HEATLY
Danny J. Heatly
Vice President - Accounting
Date: October 26, 2000
