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Close of Nov 06, 2026 · end-of-day data
DVN 8-K filings in 2025
Every material Form 8-K Devon Energy filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Devon Energy reported third-quarter 2025 net earnings of $687 million, or $1.09 per diluted share, down from $899 million in the second quarter and $812 million a year earlier, while total revenues rose to $4.3 billion. Production of 853,000 barrels of oil equivalent per day exceeded the top end of guidance, and the company gave fourth-quarter and 2026 production and capital outlooks, with 2026 capital projected at $3.5 billion to $3.7 billion.
Net earnings were $687 million, or $1.09 per diluted share; core earnings were $656 million, or $1.04 per diluted share.
Operating cash flow was $1.7 billion and free cash flow was $820 million.
Production averaged 853,000 Boe per day, above the top end of guidance; 2026 production is projected at 835,000 to 855,000 Boe per day.
The company declared a quarterly dividend of $0.24 per share, payable Dec. 30, 2025, and repurchased $250 million of shares in the quarter.
Devon Energy's board elected Brent J. Smolik as a director effective October 1, 2025, and he will sit on the Audit, Safety, Operations, and Resource Committees. He will receive restricted stock valued at $154,384 under the company's long-term incentive plan, with grant date October 9, 2025, and the award vests fully the day after the grant.
Brent J. Smolik elected to the board effective October 1, 2025
Serves on the Audit and Safety, Operations, and Resource Committees
Restricted stock award with total value of $154,384, grant date October 9, 2025
Award vests 100% on the day following the effective grant date
Devon Energy reported second-quarter 2025 net earnings of $899 million, or $1.41 per diluted share, up from $494 million, or $0.77 per share, in the first quarter, and raised its full-year 2025 production and oil forecasts. The company also lowered its full-year capital guidance by $100 million and declared a $0.24 per share quarterly dividend, though oil, gas and NGL sales and realized prices fell from the prior quarter.
Net earnings of $899 million ($1.41 per diluted share) and core earnings of $536 million ($0.84 per share) in Q2 2025, versus $494 million ($0.77) in Q1 2025; the quarter included a $307 million gain on asset dispositions.
Q2 production averaged 841,000 Boe per day, above the top end of guidance; full-year 2025 production outlook raised to 825,000-842,000 Boe per day.
Full-year 2025 capital guidance cut to $3.6 billion-$3.8 billion from about $3.8 billion.
Oil, gas and NGL sales were $2.7 billion versus $3.1 billion in Q1 2025, and realized price fell to $36.30 per Boe from $42.45.
Devon Energy reported first-quarter 2025 net earnings of $494 million, or $0.77 per diluted share, down from $596 million, or $0.94, a year earlier, while core earnings were $779 million, or $1.21 per share. The company raised its full-year 2025 oil production forecast and cut its full-year capital guidance by $100 million to $3.7 billion to $3.9 billion, which may matter to shareholders because it shows output above plan alongside lower spending.
Net earnings were $494 million ($0.77 per diluted share) versus $596 million ($0.94) in Q1 2024, and $639 million ($0.98) in Q4 2024; a $254 million asset impairment from divesting two corporate real estate assets weighed on results.
Oil production averaged 388,000 barrels per day, exceeding guidance by 5,000 barrels per day; full-year 2025 oil forecast raised to 382,000 to 388,000 barrels per day.
Full-year 2025 capital guidance cut to $3.7 billion to $3.9 billion from about $3.9 billion; first-quarter capital spending was $964 million, 5% below midpoint guidance.
Devon agreed on May 5, 2025 to sell its equity interest in the Matterhorn Pipeline for approximately $375 million, expected to close in the second quarter of 2025; the company declared a $0.24 per share quarterly dividend payable June 30, 2
Devon Energy director John Krenicki Jr. told the board on March 4, 2025, that he will retire and not stand for re-election at the 2025 annual meeting of stockholders, when his current term expires. The filing states the decision was not the result of any disagreement with Devon, and it reports no financial figures.
Krenicki informed the board on March 4, 2025, of his decision to retire.
His current term expires in conjunction with the 2025 annual meeting of stockholders.
The filing states the decision is not due to any disagreement with Devon.
Devon Energy reported fourth-quarter 2024 net earnings of $639 million, or $0.98 per diluted share, and core earnings of $756 million, or $1.16 per share. The company raised its quarterly dividend 9 percent to $0.24 per share and lowered its 2025 capital program by about $200 million while raising its production forecast, which matters to shareholders because it adds to capital returned and reflects a higher expected output for less capital.
Q4 2024 net earnings were $639 million, up from $812 million in Q3 2024 but down from $1,152 million in Q4 2023.
Q4 2024 free cash flow was $738 million, and the company returned $444 million to shareholders through dividends and buybacks.
2025 production outlook raised 2 percent to 805,000 to 825,000 Boe per day; capital program of $3.8 to $4.0 billion, a 5 percent or $200 million decline.
Quarterly dividend raised 9 percent to $0.24 per share, payable Mar. 31, 2025, to holders of record on Mar. 14, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Devon Energy filing is on SEC EDGAR ↗. 8-K briefs of other companies →