DVN Devon Energy Corp.

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Devon Energy Beat Expectations

Thursday, November 5, 2026 · 4:05 PM ET

Devon Energy (DVN) reported earnings of $1.42 per share on revenue of $6.86 billion for the third quarter ended September 2026. The consensus earnings estimate was $1.24 per share on revenue of $7.33 billion. The Earnings Whisper number was $1.30 per share. The company beat expectations by 9.23% while revenue grew 58.39% 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
$1.42
Earnings Whisper®
$1.30
Consensus Estimate
$1.24
Earnings Surprise
Earnings Growth36.5 %
Reported Revenue
$6.86B
Revenue Estimate
$7.33B
Revenue Surprise
Revenue Growth58.4 %

*Reported earnings and revenue figures shown above, and any guidance given, are preliminary and may be updated upon further review.*

Devon Energy Reports Third-Quarter 2026 Results

Thursday, November 5, 2026 · 4:05 PM ET GlobeNewswire

HOUSTON, Nov. 05, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the third-quarter 2026 and published a letter to shareholders from President and CEO Clay Gaspar. The company also provided a fourth-quarter 2026 outlook and an initial view of 2027. Devon’s earnings release, shareholder letter, 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 be held at 10:00 a.m. Central time (11:00 a.m. Eastern time) on Friday, November 6, 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 Media Contact
investor.relations@dvn.comdevonmediarelations@dvn.com
281-589-5705405-552-7460



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Source: Devon Energy Corporation