Press Releases May 5, 2026 04:05 PM

Devon Energy Reports First-Quarter 2026 Results

Devon Energy publishes its Q1 2026 financial results and provides Q2 outlook

By Jordan Park
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Devon Energy Corp., a leading U.S. oil and gas producer, reported its first-quarter 2026 financial and operational results and issued an outlook for the second quarter of 2026. The company highlighted its multi-basin portfolio, including a key position in the Delaware Basin, and reaffirmed its commitment to strong returns, free cash flow generation, and capital return to shareholders.

Devon Energy Reports First-Quarter 2026 Results
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Key Points

  • Devon Energy reported Q1 2026 earnings and operational results.
  • The company provided its financial and operational outlook for Q2 2026.
  • Reinforcement of Devon's cash-return business model focusing on sustainable, safe operations and shareholder returns.

OKLAHOMA CITY, May 05, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the first-quarter 2026. The company also provided a second-quarter 2026 outlook. Devon’s earnings release, supplemental financial tables, guidance and related earnings presentation can be accessed via the Investor Relations section of Devon’s website, www.devonenergy.com.

The company’s first-quarter conference call will be held at 10:00 a.m. Central time (11:00 a.m. Eastern time) on Wednesday, May 6, 2026, and will serve primarily as a forum for analyst and investor questions and answers.

ABOUT DEVON ENERGY

Devon Energy is a leading oil and gas producer in the U.S. with a diversified multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin. Devon’s disciplined cash-return business model is designed to achieve strong returns, generate free cash flow and return capital to shareholders, while focusing on safe and sustainable operations. For more information, please visit www.devonenergy.com.

Investor ContactMedia Contactinvestor.relations@dvn.comMichelle Hindmarch, 405-552-7460405-228-4450 



Risks

  • Volatility in oil and gas prices affecting revenue and profitability.
  • Operational risks related to exploration and production activities in various basins.
  • Market and regulatory uncertainties impacting the energy sector and potential shifts in demand.

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