DVN · 10-Q · 2026Q3 · Full report
Operating Cash Flow Trends
DEVON ENERGY CORP/DE · 2026-11-06 · Importance 64 · Surprise 56 · Contradicted
Operating cash flow was $2.808 billion in Q3 2026, compared with $1.690 billion in Q3 2025. For the first nine months of 2026, operating cash flow increased approximately 57% to $8.137 billion from $5.177 billion, driven by the merger and significantly higher commodity prices. Operating cash flow funded capital expenditures and supported share repurchases, dividends and debt retirements. Devon reported $413 million of cash at September 30, 2026.
Key facts
- Devon generated $2.808 billion of operating cash flow in Q3 2026 and $8.137 billion in the first nine months of 2026. source
- Devon’s operating cash flow grew approximately 57% in the first nine months of 2026 versus the first nine months of 2025, due to the merger and significantly higher prices. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | +4.2% | Devon’s operating cash flow grew approximately 57% in the first nine months of 2026 versus the first nine months of 2025, due to the… |