DVN · News · 20260805N

Revenue Performance and Mix

DEVON ENERGY CORP/DE · 2026-08-05 · Importance 96 · Surprise 100

Second-quarter 2026 revenue increased 80.2% year over year to $7.42 billion, exceeding the $6.3 billion consensus estimate. The revenue increase reflected Devon’s merger with Coterra, stronger oil pricing and higher production. Oil, gas and NGL sales totaled $5.1 billion during the quarter. Total production reached 1,359,000 Boe per day, while oil production reached 503,000 barrels per day.

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