DVN · 10-Q · 2026Q3 · Full report
Capital Expenditure Guidance
DEVON ENERGY CORP/DE · 2026-11-06 · Importance 42 · Surprise 24 · In source text
Devon expects capital expenditures of approximately $1.3 billion to $1.4 billion for the remainder of 2026. The budget includes the Eagle Ford assets through the expected early-2027 closing of their sale. Management said its capital allocation process emphasizes moderating production growth and maximizing returns; capital expenditures for the first nine months of 2026 were approximately 45% of operating cash flow.
Key facts
- Devon’s capital expenditures budget for the remainder of 2026 is approximately $1.3 billion to $1.4 billion and includes Eagle Ford assets through the expected sale closing. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -1.6% | Devon’s capital expenditures budget for the remainder of 2026 is approximately $1.3 billion to $1.4 billion and includes Eagle Ford assets… |
| assets | positive | committed | +1.6% | Devon’s capital expenditures budget for the remainder of 2026 is approximately $1.3 billion to $1.4 billion and includes Eagle Ford assets… |