DVN Devon Energy Corp.

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Devon Energy Beat Expectations

Tuesday, August 4, 2026 · 4:05 PM ET

Devon Energy (DVN) reported earnings of $1.57 per share on revenue of $7.42 billion for the second quarter ended June 2026. The consensus earnings estimate was $1.30 per share on revenue of $6.30 billion. The Earnings Whisper number was $1.46 per share. The company beat expectations by 7.53% while revenue grew 73.13% on a year-over-year basis.

Devon Energy Corporation is an independent energy company engaged in the exploration, development and production of oil, natural gas and NGLs.

Earnings Whisper Grade
Power Rating
Reported Earnings
$1.57
Earnings Whisper®
$1.46
Consensus Estimate
$1.30
Earnings Surprise
Earnings Growth86.9 %
Reported Revenue
$7.42B
Revenue Estimate
$6.30B
Revenue Surprise
Revenue Growth73.1 %

Devon Energy Reports Second-Quarter 2026 Results

HOUSTON, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the second-quarter 2026. The company also provided a third-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 second-quarter conference call will be held at 10:00 a.m. Central time (11:00 a.m. Eastern time) on Wednesday, August 5, 2026, and will serve primarily as a forum for analyst and investor questions and answers.

ABOUT DEVON ENERGY

Devon Energy is a leading oil and gas producer in the U.S. with a diversified multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin. Devon’s disciplined cash-return business model is designed to achieve strong returns, generate free cash flow and return capital to shareholders, while focusing on safe and sustainable operations. For more information, please visit www.devonenergy.com.

Investor Contact
investor.relations@dvn.com
405-228-4450
Media Contact
Michelle Hindmarch, 405-552-7460

  



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Source: Devon Energy Corporation