Latest Devon Energy News & Updates

See the latest news and media coverage for Devon. We track all announcements, press releases, and industry mentions in real time, all in one place.

Devon Energy (Devon)

Independent oil and natural gas producer

devonenergy.com

Headquarters: Houston, United States
Founded year: 1971
Company type: Public company
Number of employees: 1,000–6,000
Industry: Oil & Gas Exploration and Production

Last updated Today

Latest news about Devon Energy (Devon)

In short: Devon completed a $58 billion merger with Coterra Energy and launched an $8 billion share buyback to boost capital returns to investors.

Company announcements

June 24 Devon

Devon announces final results of exchange offers, consent solicitations

The exchange offers for existing Coterra notes received high participation rates; settlement expected June 25, 2026.

June 23 Devon

Devon Energy completed merger with Coterra Energy

The combined company is now one of the largest independent oil and gas producers in America.

June 9 Devon

Devon Energy provides updated 2026 outlook after Coterra merger

Production expected at 1.38 MMboe/d, capital $4.9B, targeting 70% FCF return to shareholders.

May 22 Devon

Devon commences private exchange offers and consent solicitations

The offers target outstanding Coterra notes for new Devon notes and cash, with concurrent consent solicitations to amend indentures.

Media coverage

July 30 Yahoo Finance

What Are Wall Street Analysts' Target Price for Devon Energy Stock?

Due to Devon Energy's outperformance relative to the S&P 500 Index over the past year, Wall Street analysts remain strongly optimistic about the stock’s prospects.

July 28 Yahoo Finance

Diversified Energy Gears Up for Q2 Earnings: What s in the Cards?

DEC's Q2 results may reflect portfolio optimization, steady production and lower debt. while Camino...

July 27 Seeking Alpha

Oil slump drags energy stocks lower amid U.S.-Iran strike pause

Oil and gas stocks slide as crude prices tumble on US-Iran de-escalation hopes and Hormuz shipping risks.

July 25 The Globe and Mail

Wells Fargo Keeps Their Buy Rating on Devon Energy (DVN)

Detailed price information for Devon Energy Corp (DVN-N) from The Globe and Mail including charting and trades.

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