Devon Energy Corporation (ETR:DY6)
| Market Cap | 43.39B +146.3% |
| Revenue (ttm) | 13.88B -0.8% |
| Net Income | 1.97B -18.7% |
| EPS | 3.13 -17.5% |
| Shares Out | n/a |
| PE Ratio | 22.06 |
| Forward PE | 7.97 |
| Dividend | 0.89 (2.42%) |
| Ex-Dividend Date | Jun 15, 2026 |
| Volume | n/a |
| Open | 36.99 |
| Previous Close | 37.04 |
| Day's Range | 36.99 - 36.99 |
| 52-Week Range | 26.88 - 46.61 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Aug 4, 2026 |
About Devon Energy
Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. The company operates in Delaware Basin located in southeast New Mexico and west Texas, Eagle Ford located in North America, Anadarko Basin located in western Oklahoma, Williston Basin located in North Dakota, and Powder River Basin located in Wyoming. Devon Energy Corporation was founded in 1971 and is headquartered in Houston, Texas. [Read more]
Financial Performance
In 2025, Devon Energy's revenue was $16.04 billion, an increase of 5.71% compared to the previous year's $15.17 billion. Earnings were $2.64 billion, a decrease of -8.61%.
Financial numbers in USD Financial StatementsNews
Devon Energy Transcript: J.P. Morgan Energy, Power & Renewables Conference 2026
The merger created a dominant Delaware Basin position, with rapid integration and a $1 billion synergy target. Capital is being reallocated to top assets, dividends and buybacks are up, and AI-driven efficiencies are being realized. Early results exceed expectations, with further value capture expected by 2027.
Activist TOMS Capital pushes US shale producer Devon to quicken asset sales or sell itself, sources say
Activist investor TOMS Capital Investment Management has acquired a sizable stake in Devon Energy and is pressing the U.S. shale operator to sell assets or put itself up for sale, five people familia...
Devon Energy CEO Clay Gaspar to Participate in a Fireside Chat at the J.P. Morgan Energy, Power, Renewables & Mining Conference
HOUSTON, June 16, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced Clay Gaspar, President and CEO will participate in a fireside chat at the J.P. Morgan Energy, Power, Renewable...
Devon Energy stock jumps 6% as analysts back Coterra integration
Devon Energy (NYSE: DVN) shares climbed more than 6% on Wednesday after analysts responded positively to the company's latest operational update and outlook following its acquisition of Coterra Energy...
Devon Energy provides full-year forecast after merger with Coterra Energy
Devon Energy on Tuesday said it expects production to average 1.38 million barrels of oil equivalent per day in 2026, including oil output of 500,000 barrels per day, following the completion of...
Devon Energy Provides Updated 2026 Outlook
HOUSTON, June 09, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today provided an updated outlook for the combined company following the recent completion of its transformative merger with C...
Marcellus Assets Create New Financing Possibilities
Just a few short weeks after completing a $58B merger with Coterra Energy earlier in May, Devon Energy received an offer of $8B for its shale assets in the Marcellus region of Pennsylvania. The offer,...
Devon Announces Results of Early Participation in Private Exchange Offers and Consent Solicitations and Extension of Deadline to Receive Total Exchange Consideration
HOUSTON, June 08, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corporation (NYSE: DVN) (“Devon”) today announced that, in connection with the previously announced offers to Eligible Holders (as defined herei...
Exclusive: Devon Energy gets $8 billion offer for Marcellus position, sources say
Devon Energy has received a roughly $8 billion offer from money manager Stone Ridge Asset Management for its Marcellus shale assets, four people familiar with the matter said.
Devon Energy Proxy statement: Proxy filing
Devon Energy filed a proxy statement on May 28, 2026, providing details for shareholder voting and corporate governance matters.
Devon Commences Private Exchange Offers and Coterra Commences Consent Solicitations
HOUSTON, May 22, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corporation (NYSE: DVN) (“Devon”) and Coterra Energy Inc. (formerly NYSE: CTRA) (“Coterra”) today announced that, in connection with the complete...
Devon boosts Delaware Basin footprint with $2.6 billion land acquisition
Devon Energy said on Thursday it bought 16,300 net undeveloped acres in New Mexico's Delaware Basin for approximately $2.6 billion, a move the company says will expand its regional footprint and ...
Devon Energy Enhances Permian Inventory in Federal Lease Sale
HOUSTON, May 21, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corporation (NYSE: DVN) announced the successful acquisition of 16,300 net undeveloped acres in the core of the Delaware Basin in Lea and Eddy Co...
Shale producer Devon Energy approves $8 billion share buyback plan
U.S. oil and gas producer Devon Energy said on Thursday its board had approved a $8 billion share repurchase program, a week after activist investor Kimmeridge called for higher shareholder returns.
Devon Energy Announces Capital Return Update
HOUSTON, May 07, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corporation (“Devon”) (NYSE: DVN) today announced a series of capital return actions following the successful completion of its previously announ...
Devon Energy and Coterra Energy Complete Merger
OKLAHOMA CITY and HOUSTON, May 07, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corporation (“Devon”) (NYSE: DVN) and Coterra Energy Inc. (“Coterra”) (NYSE: CTRA) today announced the successful completion of...
Devon Energy Earnings Call Transcript: Q1 2026
Q1 2026 saw strong free cash flow of $816 million, driven by top-end oil production and capital efficiency. The imminent COTERRA merger will boost scale, with $1B in synergies targeted and a 30% dividend increase planned. AI-driven optimization and robust Delaware Basin activity underpin future growth.
Devon Energy Slides: Q1 2026
Devon Energy has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 6, 2026.
Devon Energy Earnings release: Q1 2026
Devon Energy released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.
Devon Energy Quarterly report: Q1 2026
Devon Energy has published its Q1 2026 quarterly earnings report on May 6, 2026.
Devon Energy misses first-quarter profit estimates
Devon Energy missed Wall Street expectations for first-quarter profit on Tuesday, as the U.S. shale producer was hurt by lower output.
Devon Energy Reports First-Quarter 2026 Results
OKLAHOMA CITY, May 05, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the first-quarter 2026. The company also provided a second-quarter 2...
Devon Energy and Coterra Energy Shareholders Approve Merger
OKLAHOMA CITY and HOUSTON, May 04, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corporation (“Devon”) (NYSE: DVN) and Coterra Energy Inc. (“Coterra”) (NYSE: CTRA) today announced that shareholders of both co...
Devon Energy Transcript: AGM 2026
Stockholders approved both the issuance of shares for the Coterra merger and the increase in authorized shares, with strong majorities. Management expects the merger to close within three days, citing no outstanding regulatory hurdles.
