Devon Energy reported third-quarter 2026 net earnings of $1.0 billion, or $0.88 per diluted share, along with $2.0 billion in adjusted free cash flow. The company raised its year-end 2026 synergy run-rate expectations to approximately $350 million and maintained its full-year guidance while providing an initial 2027 outlook.
Generated $2.8 billion of operating cash flow and $2.0 billion of adjusted free cash flow in the third quarter of 2026.
Agreed to sell Eagle Ford assets for $4.2 billion in cash on October 8, 2026, with closing expected in early 2027.
Returned $1,530 million to shareholders during the quarter through dividends, share repurchases, and debt reduction.
Raised expected year-end 2026 synergy run rate to approximately $350 million.
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.
From Devon Energy's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$16.79B
+5.4%
$4.17
-8.6%
15.7%
FY2024
$15.92B
+5.1%
$4.56
-21.9%
18.2%
FY2023
$15.14B
-23.6%
$5.84
-36.0%
24.7%
FY2022
$19.83B
+44.2%
$9.12
+117.7%
30.4%
FY2021
$13.75B
+194.2%
$4.19
—
20.5%
Frequently asked questions
When is Devon Energy's next earnings date?
Devon Energy has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did Devon Energy earn last quarter?
For the quarter ended Sep 2026, Devon Energy reported diluted EPS of $0.88 (-19.3% year over year) on revenue of $7.77B (+82.9%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.