DVN · News · 20260805N

Free Cash Flow and Liquidity

DEVON ENERGY CORP/DE · 2026-08-05 · Importance 83 · Surprise 82

Devon generated $3.7 billion of operating cash flow in the second quarter of 2026. Adjusted free cash flow totaled approximately $1.7 billion, more than double the first-quarter amount. The company returned more than $1 billion to shareholders through dividends and repurchases while also retiring debt. Quarterly free cash flow remained negative on an unadjusted basis in one report because of restructuring costs and other items.

Key facts

• Seeking Alpha reported Devon delivered $1.7 billion in Q2 free cash flow, more than doubling Q1 free cash flow. source