Latest Devon Energy News & Updates

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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

Last updated Today

Latest news about Devon Energy (Devon)

In short: Devon Energy finalized a $58 billion merger with Coterra Energy, relocating its headquarters to Houston and projecting significant growth for 2026.

Company announcements

Yesterday 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.

May 21 Devon

Devon acquires 16,300 Delaware Basin acres for $2.6B

The acquisition adds 400 net locations in New Mexico, funded with cash on hand.

Media coverage

June 17 Reuters

Activist TOMS Capital pushes US shale producer Devon to quicken asset sales or sell itself, sources say | Reuters

Activist investor TOMS Capital Investment ‌Management has acquired a sizable stake in Devon Energy and is pressing the U.S. shale operator to sell assets or...

June 17 Crypto Briefing

TCIM targets Devon Energy post-merger with Coterra: FT

Devon Energy is under renewed scrutiny following its recent merger with Coterra Energy, as activist investor TCIM targets the company, according to reports from the...

June 11 Yahoo Finance

Why Devon Energy Stock Rallied Today

Shares of Devon Energy (NYSE: DVN) rose on Wednesday after the hydrocarbon exploration specialist provided investors with an updated operational forecast...

June 11 Yahoo Finance

Devon Energy (DVN) Guns for 70% Shareholder Return, up 5.7%

Devon Energy Corp. (NYSE:DVN) is one of the 10 Stocks Surviving Market Slaughter. Devon Energy grew its share prices by 5.74 percent on Wednesday to...

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