Devon Energy reports Q2 2025 results, declares dividend, and provides updated outlook. Conference call scheduled for Aug. 6, 2025.
Quiver AI Summary
Devon Energy Corp. reported its financial and operational results for the second quarter of 2025, alongside the declaration of its quarterly dividend and an updated outlook for the year. The earnings release and related materials can be accessed on the company's website, with a conference call scheduled for August 6, 2025, at 10:00 a.m. Central time to address questions from analysts and investors. As a major U.S. oil and gas producer, Devon emphasizes a disciplined cash-return model aimed at delivering strong returns and free cash flow while maintaining a focus on safety and sustainability. For additional details, investors can visit the company’s website or contact their investor relations team.
Potential Positives
- Devon Energy reported its financial and operational results for the second quarter of 2025, indicating transparency and accountability to stakeholders.
- The company declared its quarterly dividend, demonstrating commitment to returning capital to shareholders.
- Devon provided an updated outlook for 2025, which can enhance investor confidence and set clear expectations for future performance.
Potential Negatives
- None
FAQ
What were Devon Energy's financial results for Q2 2025?
Devon Energy reported its financial and operational results for the second quarter of 2025, which are detailed in the earnings release.
How can I access Devon Energy's quarterly earnings report?
The quarterly earnings report can be accessed via the Investor Relations section of Devon Energy's website, www.devonenergy.com.
When is the second-quarter conference call for Devon Energy?
The second-quarter conference call will be held at 10:00 a.m. Central time on Wednesday, Aug. 6, 2025.
What is Devon Energy's focus in its business model?
Devon Energy focuses on a disciplined cash-return business model aimed at strong returns, free cash flow generation, and shareholder capital returns.
Who should I contact for investor inquiries regarding Devon Energy?
For investor inquiries, contact Devon Energy at [email protected] or call 405-228-4450.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$DVN Congressional Stock Trading
Members of Congress have traded $DVN stock 8 times in the past 6 months. Of those trades, 6 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $DVN stock by members of Congress over the last 6 months:
- REPRESENTATIVE JEFFERSON SHREVE has traded it 4 times. They made 2 purchases worth up to $100,000 on 05/08, 02/24 and 2 sales worth up to $100,000 on 05/12, 04/07.
- REPRESENTATIVE MARJORIE TAYLOR GREENE has traded it 3 times. They made 3 purchases worth up to $45,000 on 05/05, 04/09, 02/12 and 0 sales.
- REPRESENTATIVE ROBERT BRESNAHAN purchased up to $15,000 on 04/08.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$DVN Hedge Fund Activity
We have seen 547 institutional investors add shares of $DVN stock to their portfolio, and 594 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CITADEL ADVISORS LLC removed 5,854,960 shares (-52.1%) from their portfolio in Q1 2025, for an estimated $218,975,504
- MARSHALL WACE, LLP removed 5,371,518 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $200,894,773
- ENCAP PARTNERS GP, LLC added 4,915,142 shares (+88.9%) to their portfolio in Q1 2025, for an estimated $183,826,310
- GOLDMAN SACHS GROUP INC added 3,584,156 shares (+72.8%) to their portfolio in Q1 2025, for an estimated $134,047,434
- QUBE RESEARCH & TECHNOLOGIES LTD removed 3,291,978 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $123,119,977
- FULLER & THALER ASSET MANAGEMENT, INC. removed 2,792,405 shares (-26.9%) from their portfolio in Q1 2025, for an estimated $104,435,947
- BLACKROCK, INC. removed 2,534,491 shares (-4.7%) from their portfolio in Q1 2025, for an estimated $94,789,963
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$DVN Analyst Ratings
Wall Street analysts have issued reports on $DVN in the last several months. We have seen 11 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Raymond James issued a "Outperform" rating on 07/22/2025
- Piper Sandler issued a "Overweight" rating on 07/17/2025
- Scotiabank issued a "Sector Outperform" rating on 07/11/2025
- Wells Fargo issued a "Overweight" rating on 06/16/2025
- Morgan Stanley issued a "Overweight" rating on 05/23/2025
- Goldman Sachs issued a "Buy" rating on 05/15/2025
- Mizuho issued a "Outperform" rating on 05/13/2025
To track analyst ratings and price targets for $DVN, check out Quiver Quantitative's $DVN forecast page.
$DVN Price Targets
Multiple analysts have issued price targets for $DVN recently. We have seen 16 analysts offer price targets for $DVN in the last 6 months, with a median target of $42.5.
Here are some recent targets:
- John Freeman from Raymond James set a target price of $45.0 on 07/22/2025
- Mark Lear from Piper Sandler set a target price of $58.0 on 07/17/2025
- Paul Cheng from Scotiabank set a target price of $40.0 on 07/11/2025
- Josh Silverstein from UBS set a target price of $37.0 on 07/11/2025
- Roger Read from Wells Fargo set a target price of $41.0 on 06/16/2025
- Devin McDermott from Morgan Stanley set a target price of $44.0 on 05/23/2025
- Neil Mehta from Goldman Sachs set a target price of $43.0 on 05/15/2025
Full Release
OKLAHOMA CITY, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the second-quarter 2025. The company also declared its quarterly dividend and provided an updated 2025 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 second-quarter conference call will be held at 10:00 a.m. Central time (11:00 a.m. Eastern time) on Wednesday, Aug. 6, 2025 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 .
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Investor Contact
[email protected] 405-228-4450 |
Media Contact
Michelle Hindmarch, 405-552-7460 |
