Devon Energy Corporation is an independent oil and natural gas company focused on the exploration, development, and production of hydrocarbons in the United States. Devon Energy’s current portfolio centers on onshore resource plays, including the Delaware Basin, Eagle Ford, Anadarko Basin, Williston Basin, and Powder River Basin, where it develops crude oil, natural gas liquids, and natural gas. The company also operates related marketing, gathering, and processing activities that support its upstream production business. Its operations are built around a concentrated set of North American assets, making Devon Energy a significant participant in U.S. shale and unconventional energy markets. Headquartered in Houston, Texas, Devon Energy serves as a major supplier of energy commodities to wholesale markets and industrial customers across the domestic oil and gas value chain.
No company news, with oil and gas E&P names lower as a group and peers like Crescent Energy and Chord Energy also down
| Series | 1W | 1M |
|---|---|---|
| DVN | −14.0% | −8.2% |
| Peers | −11.3% | −2.6% |
| Sector · Energy | −7.4% | −0.2% |
| SPY | −0.7% | −1.6% |
| Percentile rank vs S&P 500 | 6 | 16 |
Agreed to be acquired by Coterra Energy Inc. Similar stock deals closed 85% of the time (n=515), typically 158 days after announcement; this one has been open 275 days.
| QUARTER | EPS EST | EPS ACTUAL | EPS SURPRISE | REACTION |
|---|---|---|---|---|
| Q2 FY2026 | 1.41 | 1.57 | +11.62% | — |
| Q1 FY2026 | 1.07 | 1.04 | −2.92% | −9.09% |
| Q4 FY2025 | 0.82 | 0.82 | +0.01% | −0.49% |
| Q3 FY2025 | 0.94 | 1.04 | +11.19% | −0.37% |
| Series | 1W | 1M |
|---|---|---|
| DVN | −14.0% | −8.2% |
| Peers | −11.3% | −2.6% |
| Sector · Energy | −7.4% | −0.2% |
| SPY | −0.7% | −1.6% |
| Percentile rank vs S&P 500 | 6 | 16 |