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Devon Energy

48.23 USD
-0.87
1.77%
At close Updated Aug 24, 4:00 PM EDT
Pre-market
After hours
48.21
-0.02
0.04%
1 day
-1.77%
5 days
0.48%
1 month
7.08%
3 months
6.85%
6 months
11.44%
Year to date
27.36%
1 year
34.83%
5 years
69.05%
10 years
8.36%
 

About: Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two-thirds of its production comes from the Permian Basin, it also holds a meaningful presence in the Anadarko, Eagle Ford, and Bakken basins. After the merger with Coterra, it will have a foothold in the gas-driven Appalachian Basin as well. At the end of 2025, Devon reported net proved reserves of 2.4 billion barrels of oil equivalent, up from 2.2 billion in 2024. Net production averaged roughly 840,000 barrels of oil equivalent per day in 2025 at a ratio of 73% oil and natural gas liquids and 27% natural gas.

Employees: 2,200

News

Positive
Neutral
Negative
Sentiment 3-Months
Positive 53%
Neutral 39.4%
Negative 7.6%
Positive
Zacks Investment Research
5 days ago
DVN Stock Outperforms Industry in a Month: Is It a Buy or Hold?
Devon Energy;s shares rise 9.2% in a month as its multi-basin portfolio, low-cost operations and modest leverage support growth amid commodity volatility.
DVN Stock Outperforms Industry in a Month: Is It a Buy or Hold?
Positive
Zacks Investment Research
5 days ago
Bet on Smart Money With These Stocks & ETFs
Institutional investors are becoming more selective on AI and tech. Here are the stocks and ETFs that could help investors follow the smart money.
Bet on Smart Money With These Stocks & ETFs
Positive
Reuters
7 days ago
WhiteWater-led venture approves Permian-to-Texas gas pipeline project
Infrastructure company WhiteWater and its joint venture partners Devon Energy , MPLX , Diamondback Energy and Western Midstream ​Partners said on Monday they had reached a ‌final investment decision (FID) to build two natural gas pipelines from the Permian Basin to Katy, Texas.
WhiteWater-led venture approves Permian-to-Texas gas pipeline project
Neutral
GlobeNewsWire
7 days ago
Integrating The Delaware Basin: Devon Energy Reaches Final Investment Decision on Solitude Pipeline System
HOUSTON, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corporation (NYSE: DVN) today announced a positive Final Investment Decision (“FID”) on the Solitude Pipeline System, a WhiteWater-led joint venture that will construct two 48-inch natural gas pipelines connecting the Permian Basin to Katy, TX. Solitude is the latest in a deliberate series of steps Devon has taken to integrate and consolidate the infrastructure supporting its Delaware Basin position.
Integrating The Delaware Basin: Devon Energy Reaches Final Investment Decision on Solitude Pipeline System
Neutral
PRNewsWire
7 days ago
SOLITUDE PIPELINE SYSTEM REACHES FINAL INVESTMENT DECISION TO TRANSPORT GAS FROM THE PERMIAN BASIN TO THE GULF COAST
AUSTIN, Texas, Aug. 17, 2026 /PRNewswire/ -- WhiteWater today announced that it, together with Devon Energy Corporation (NYSE: DVN), MPLX LP (NYSE: MPLX), Diamondback Energy, Inc. (NASDAQ: FANG) and Western Midstream Partners, LP (NYSE: WES), through their Solitude Pipeline System joint venture ("Solitude"), have reached a positive Final Investment Decision ("FID") to construct two 48-inch natural gas pipelines, each running from the Permian Basin to Katy, TX. The project has secured substantial long-term firm transportation agreements with predominantly investment-grade shippers to support the FID.
SOLITUDE PIPELINE SYSTEM REACHES FINAL INVESTMENT DECISION TO TRANSPORT GAS FROM THE PERMIAN BASIN TO THE GULF COAST
Neutral
MarketBeat
16 days ago
Devon Energy Q2 Earnings Call Highlights
Devon Energy NYSE: DVN said second-quarter execution exceeded its guidance targets as the company advanced integration work following its May 7 merger with Coterra, identified more than 350 synergy initiatives and completed its 2026 debt-reduction target.
Devon Energy Q2 Earnings Call Highlights
Positive
Seeking Alpha
17 days ago
Devon Energy: The Bottom Is In, And Q2 Proved It
Devon Energy delivered a strong Q2 2026, beating EPS and revenue consensus by 21% and 18%, respectively. DVN raised its dividend by 33%, accelerated buybacks, and repaid $1.25 billion in debt, targeting net debt/EBITDAX of 0.6x by year-end. Synergies from the Coterra merger are tracking ahead of expectations, with $1 billion in pre-tax benefits targeted by 2027.
Devon Energy: The Bottom Is In, And Q2 Proved It
Neutral
Seeking Alpha
17 days ago
Diamond Hill Small-Mid Cap Fund Q2 2026 Portfolio Review
The Fund increased 9.71% compared to a 20.26% increase for the Russell 2500 Index. We initiated a position in managed care provider Centene. Shares of website design software provider Wix.com were sold as the company's core business has experienced slowing growth due to AI-driven vibe coding.
Diamond Hill Small-Mid Cap Fund Q2 2026 Portfolio Review
Positive
Zacks Investment Research
18 days ago
DVN Q2 Earnings Call Puts Synergies and Portfolio Review in Focus
Devon Energy sharpens 2026 guidance as merger synergies, a portfolio review and technology gains drive its push for stronger shareholder returns.
DVN Q2 Earnings Call Puts Synergies and Portfolio Review in Focus
Neutral
Zacks Investment Research
18 days ago
Compared to Estimates, Devon Energy (DVN) Q2 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Devon Energy (DVN) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Compared to Estimates, Devon Energy (DVN) Q2 Earnings: A Look at Key Metrics
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