Devon Energy Corp. today announced a series of capital return actions following the successful completion of its previously announced all-stock merger with Coterra Energy Inc. earlier today. The actions reflect the board's confidence in the combined company's free cash flow generation and its commitment to delivering differentiated returns to shareholders through commodity cycles. "Today's actions demonstrate our [...]
Devon Energy Corp. and Coterra Energy Inc. today announced the successful completion of their previously announced all-stock merger , creating a premier large-cap shale operator with a high-quality asset base anchored by a leading position in the economic core of the Delaware Basin. The Transaction was approved by stockholders of both companies at special meetings held on May 4, 2026. The combined company will operate [...]
Devon Energy Corp. today reported financial and operational results for the first-quarter 2026. The company also provided a second-quarter 2026 outlook. Devon's earnings release, supplemental financial tables, guidance and related earnings presentation can be accessed via the Investor Relations section of Devon's website, www.devonenergy.com. The company's first-quarter conference call will be held at 10:00 a.m. Central [...]
Devon Energy Corp. and Coterra Energy Inc. today announced that shareholders of both companies approved all proposals required to complete the previously announced all-stock merger between Devon and Coterra. The merger is expected to close on or around May 7, 2026. At the special meeting of Devon shareholders held today, more than 76 percent of the shares of Devon common stock were represented, and more than 98 percent of [...]
Kimmeridge, a private investment firm focused on the energy sector, today released an open letter to the future Board of Devon Energy ahead of the closing of its merger with Coterra , expected on May 4th, 2026. "The merger of Devon and Coterra represents a compelling strategic combination that brings together high-quality assets, operational scale and the potential for durable free cash flow," said Mark Viviano, Managing [...]
Devon Energy Corp. today announced it will report first-quarter 2026 results on Tuesday, May 5, after the close of U.S. financial markets. The earnings release and presentation for the first-quarter 2026 results will be available on the company's website at www.devonenergy.com. On Wednesday, May 6, the company will hold a conference call at 10 a.m. CDT , which will consist primarily of answers to questions from analysts [...]
Devon Energy Corp. today reported financial and operational results for the fourth-quarter and full-year 2025. The company also declared its quarterly dividend and provided a 2026 outlook. Devon's earnings release, supplemental financial tables, guidance and related earnings presentation can be accessed via the Investor Relations section of Devon's website, www.devonenergy.com. The company's fourth-quarter conference call [...]
Kimmeridge Energy Management Company, LLC, a private investment firm focused on the energy sector, today issued the following statement in response to an announced definitive agreement for Coterra Energy and Devon Energy to merge in an all-stock transaction. Mark Viviano, Managing Partner at Kimmeridge, said: "As a significant shareholder in both companies, we are supportive of a combination that can unlock meaningful [...]
Devon Energy and Coterra Energy today announced the signing of a definitive agreement to merge in an all-stock transaction. The combination will create a leading large-cap shale operator with a high-quality asset base anchored by a premier position in the economic core of the Delaware Basin. The combined company will be named Devon Energy and will be headquartered in Houston while maintaining a significant presence in [...]
Devon Energy Corp. today announced it will report fourth-quarter 2025 results on Tuesday, Feb. 17, after the close of U.S. financial markets. The earnings release and presentation for the fourth-quarter 2025 results will be available on the company's website at www.devonenergy.com. On Wednesday, Feb. 18, the company will hold a conference call at 10 a.m. CDT , which will consist primarily of answers to questions from [...]
Devon Energy Corp. today announced Clay Gaspar, President and CEO will participate in a panel at the Goldman Sachs Energy, Cleantech, & Utilities Conference. The panel is scheduled for 2:00 p.m. Central time on Tuesday, January 6, 2026 and will be webcast live on Devon's website at www.devonenergy.com. A replay of the webcast will be available for 30 days following the event. ABOUT DEVON ENERGY Devon Energy is a leading [...]
Devon Energy Corp. today reported financial and operational results for the third-quarter 2025. The company also declared its quarterly dividend and provided an updated 2025 outlook. Devon's earnings release, supplemental financial tables, guidance and related earnings presentation can be accessed via the Investor Relations section of Devon's website, www.devonenergy.com. The company's third-quarter conference call will [...]