The oil and natural gas company reported net income of $562 million, or 90 cents a share, compared with $639 million, or 98 cents a share, a year earlier.
It was a buy-the-rumor, sell-the-news week for Devon Energy NYSE: DVN. On Feb. 11, the company announced an all-stock merger with Coterra Energy NYSE: CTRA that if approved by shareholders of both companies will create a $58 billion energy giant.
In the latest trading session, Devon Energy (DVN) closed at $43.96, marking a -2.22% move from the previous day.
Get a deeper insight into the potential performance of Devon Energy (DVN) for the quarter ended December 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
DVN heads into Q4 earnings with estimates pointing to lower revenues and profit. DVN is set to report Q4 results on Feb. 17, with the consensus mark for EPS at 86 cents, down 25.9% Y/Y.
Devon Energy (DVN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zacks.com users have recently been watching Devon Energy (DVN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Cutting costs and boosting economies of scale have driven merger deals in the U.S. shale business for more than a decade now. Those themes are in play again with Monday's announced merger between a pair of big Permian Basin independents, Devon Energy and Coterra Energy in an all-stock deal valued at $58 billion.
Zacks.com users have recently been watching Devon Energy (DVN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
In the most recent trading session, Devon Energy (DVN) closed at $38.64, indicating a +1.74% shift from the previous trading day.
Devon Energy earns a Buy rating as operational optimization and deleveraging drive resilience amid low crude prices and industry headwinds. DVN's potential merger with Coterra Energy could address inventory runway, diversify revenue, and unlock significant operational synergies, especially in the Permian basin. Cost discipline is evident: $1B in savings targeted, $485MM debt retired, and $250MM in share repurchases, supporting a strong 7.1% FCF yield.