DVN · 8-K · 20260804PR332824

Supply Chain Constraints

DEVON ENERGY CORP/DE · 2026-08-04 · Importance 20 · Surprise 24

Natural gas realizations were depressed by regional Waha pricing in the Delaware Basin. Devon attributed the weakness to infrastructure constraints in the basin, indicating that limited midstream capacity is affecting regional gas market pricing. Oil realizations, by contrast, were supported by robust crude benchmark pricing during the quarter.