Devon Energy reported second-quarter net earnings of $1.9 billion as production reached the upper end of its forecast following the completion of its merger with Coterra Energy.
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Devon outlined its first combined-company outlook following the completion of its merger with Coterra Energy.
Devon Energy has acquired 16,300 net undeveloped acres in the core of the Delaware Basin for $2.6 billion through a federal lease sale, strengthening its long-term inventory following its merger with Coterra.
(Updates headline and story to add additional information from the Devon Energy press release throug
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Devon Energy (NYSE:DVN) stockholders approved two proposals tied to the company’s planned merger with Coterra Energy Inc. during a virtual-only special stockholders meeting, according to preliminary voting results announced at the meeting. John Bethancourt, chair of Devon Energy’s board of director
Devon Energy (NYSE:DVN) reported first-quarter 2026 results that management said reflected stronger-than-expected operational execution, lower capital spending and robust free cash flow, while also outlining plans for the company’s pending merger with Coterra Energy. President and Chief Executive O
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Clay Gaspar: Today, we will focus on Devon Energy Corporation's strong first quarter 2026 results, which once again demonstrate the operational excellence and financial discipline that define this organization. After walking through our Q1 results, I will turn to a quick update on our transformative merger with Cotera Energy. As you can see on the slide, beating on production and capital once again resulted in impressive free cash flow for the quarter.
Moby summary of Devon Energy Corporation's Q1 2026 earnings call
Devon Energy (DVN) delivered earnings and revenue surprises of +3.66% and -8.48%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Favorable commodity prices could set up earnings beats for APA, AROC and DVN as the energy season reaches the midpoint.