{"filings":[{"id":593757,"accession_number":"0001193125-26-235632","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2026-05-22T13:39:12+00:00","items":["8.01","9.01"],"status":"ready","headline":"Devon closes Coterra merger; pro forma shows $24.8B revenue & $3.77B net income","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Each Coterra share exchanged for 0.70 Devon shares; total consideration ~$24.947B.","Pro forma FY2025 revenue $24.785B, net income attributable to Devon $3.768B ($3.24 diluted EPS).","Pro forma Q1 2026 revenue $5.744B, net income $401M ($0.35 diluted EPS).","Preliminary purchase price allocation: property & equipment fair value increased ~$12.55B from book.","Combined pro forma assets $69.45B, equity $40.38B as of March 31, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":564196,"accession_number":"0001193125-26-233515","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2026-05-21T12:19:49+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Devon Energy acquires 16,300 Delaware Basin acres for $2.6B","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Acquired 16,300 net undeveloped acres in Lea and Eddy Counties, NM, at $161,500 per net acre for total $2.6B.","Adds ~400 net locations (2-mile laterals) with 87.5% NRI federal leases and 10-year terms, enhancing inventory life.","Contiguous to existing position, enabling longer laterals and pad development; funded with cash on hand.","Company maintains strong credit profile and $8B share repurchase program; CEO notes Coterra merger closed May 2026.","Expected to be immediately accretive to net asset value per share and compete for near-term capital."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91224,"accession_number":"0001193125-26-211971","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["2.01","5.02","5.03","7.01","9.01"],"status":"ready","headline":"Devon completes all-stock merger with Coterra; combined company retains DVN ticker","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Coterra shareholders received 0.70 DVN shares per CTRA share; DVN holders own ~54%, former Coterra holders ~46%.","Targeting $1B in annual pre-tax synergies by year-end 2027; combined Delaware Basin position strengthened.","Shannon Young (ex-Coterra CFO) appointed EVP & CFO; Greg Conaway named VP & CAO; directors expanded to 11.","Authorized share count increased from 1B to 2B via charter amendment approved May 4, 2026.","Combined company headquartered in Houston with significant Oklahoma City presence; CTRA stock delisted."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.95,"calibrated_materiality_score":0.95,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91223,"accession_number":"0001193125-26-206689","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2026-05-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Devon Q1 core EPS $1.04, oil production 387K bbl/d (top-end); Coterra merger approved, close May 7","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings $120M ($0.19/diluted); core earnings $641M ($1.04/diluted).","Operating cash flow $1.7B, free cash flow $816M; capex $848M, 6% below guidance.","Coterra merger approved by both sets of shareholders on May 4; expected close May 7; DVN owns 54% of combined company.","Planned $0.315/sh dividend and new $5B+ buyback authorization after close, subject to Board approval.","Q2 standalone guidance: 851-868 MBoe/d production, ~$900M capex; full-year guidance deferred to mid-June."],"consensus_eps_estimate":null,"consensus_eps_actual":0.19,"consensus_revenue_estimate":null,"consensus_revenue_actual":3807000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91222,"accession_number":"0001193125-26-204738","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2026-05-05T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Devon shareholders approve Coterra merger proposals; closing expected May 7","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Stock issuance proposal approved: 470M for, 4.1M against, 1.2M abstain.","Charter amendment (doubling authorized shares to 2B) approved: 468M for, 5.8M against.","Closing expected on or about May 7, 2026, subject to customary conditions.","Merger Agreement dated Feb 1, 2026; combined entity will be a top US independent producer."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":1.0,"calibrated_materiality_score":1.0,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91221,"accession_number":"0001193125-26-177153","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2026-04-24T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Devon supplements Coterra merger proxy; two shareholder lawsuits filed","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Thomas Goggin and Dennis Kelly suits allege disclosure deficiencies in merger proxy; company denies allegations.","Supplemental disclosures include Evercore DCF valuations for Devon ($37.50–$54.97/sh) and Coterra ($25.04–$37.39/sh).","Evercore comparable-company analysis for Devon: TEV/EBITDAX implied $32.89–$44.36 per share; CFFO implied $36.01–$46.29.","Analyst-implied exchange ratio range of 0.567x–0.943x vs. Merger Agreement ratio of 0.700x.","Special stockholder meetings for both companies remain scheduled for May 4, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91220,"accession_number":"0001193125-26-151250","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2026-04-10T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Devon provides pro forma financials for $23.4B Coterra merger; combined reserves of 4.99B Boe","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Exchange ratio: 0.70 Devon shares per Coterra share; total consideration ~$23.4B based on $44.00 DVN price.","Pro forma FY2025 revenue $24.8B, net earnings $3.807B ($3.24 diluted EPS).","Combined proved reserves of 4,993 MMBoe (2,428 Devon + 2,565 Coterra) as of Dec 31, 2025.","Fair value adjustments add $10.9B to oil & gas property; deferred tax liabilities increase $2.6B.","Estimated one-time transaction costs of $50M (pre-tax) reflected in pro forma adjustments."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91219,"accession_number":"0001193125-26-140060","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2026-04-02T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Devon-Coterra merger clears HSR waiting period; closing targeted Q2 2026","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["HSR Act waiting period expired at 11:59 p.m. ET on April 1, 2026, satisfying a key condition.","Merger closing expected in second quarter 2026, subject to other customary conditions.","Joint proxy statement/prospectus mailed to stockholders on or about March 30, 2026.","Deal announced February 1, 2026; Coterra to become wholly owned subsidiary of Devon.","Parties previously filed HSR notifications on March 2, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":101183,"accession_number":"0001193125-26-122224","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2026-03-24T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Devon Energy extends credit facility maturity to 2031, removes 10 bps SOFR spread","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amended credit agreement extends maturity date from March 24, 2030 to March 24, 2031.","Removes the 10 basis point credit spread adjustment on SOFR-based borrowing rates.","Company retains right to request up to three one-year extensions, subject to lender approval.","Amendment involves existing syndicate including Bank of America, Citibank, JPMorgan, and others."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":101182,"accession_number":"0001193125-26-054657","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2026-02-17T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Devon Energy reports Q4 earnings beat and announces all-stock merger with Coterra Energy","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Merger with Coterra Energy in all-stock deal; Devon shareholders to own ~54%, Coterra ~46%.","Q4 net earnings $562M ($0.90 diluted EPS); core earnings $510M ($0.82 diluted).","Q4 production 851 MBoe/d (390 Mbo/d oil), exceeding top-end guidance; capex $883M.","Free cash flow $702M; quarterly dividend to increase 31% to $0.315/sh post-merger close.","Share repurchases suspended until merger close; new >$5B authorization expected thereafter."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":101181,"accession_number":"0001193125-26-032720","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2026-02-02T23:59:59+00:00","items":["1.01","5.02","7.01","9.01"],"status":"ready","headline":"Devon Energy to acquire Coterra Energy in all-stock merger with 0.70 exchange ratio","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["All-stock merger: 0.70 DVN shares per Coterra share; Devon holders get ~54% of combined co.","Post-closing: Coterra CEO becomes Chairman; Devon CEO remains CEO; Coterra CFO becomes CFO.","Board: 11 directors (6 from Devon, 5 from Coterra); name remains Devon, ticker DVN.","Termination fee of $865M; closing targeted by Aug 2026, extendable for antitrust.","Requires approvals from both companies' stockholders, HSR, and SEC registration."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117532,"accession_number":"0001193125-25-267018","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2025-11-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Devon Q3 net earnings $687M ($1.09/diluted), oil meets top-end guidance; 2026 outlook stronger","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings $687M ($1.09/diluted); core earnings $656M ($1.04); oil/gas/NGL revenue $2.8B.","Oil production 390K bbl/d at top-end guidance; total production 853K boe/d exceeded guidance.","Capex $859M (5% below midpoint), FCF $820M; retired $485M debt prior to maturity; acquired 60 Delaware Basin locations for $168M.","Returned $401M to shareholders: $0.24/share dividend (Dec 30 record) and $250M in share repurchases (7.3M shares).","Business optimization achieved 60% of $1B target; 2026 outlook: production 835-855K boe/d, capex $3.5-3.7B (down $100M vs 2025)."],"consensus_eps_estimate":null,"consensus_eps_actual":3.27,"consensus_revenue_estimate":null,"consensus_revenue_actual":13067000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117531,"accession_number":"0001193125-25-227482","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2025-10-02T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Devon Energy elects Brent J. Smolik to Board of Directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Brent J. Smolik elected to the Board effective October 1, 2025.","Smolik will serve on the Audit and Safety, Operations, and Resource Committees.","He receives restricted stock award valued at $154,384 (vests 100% day after grant).","Compensation follows standard non-management director arrangements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133953,"accession_number":"0001193125-25-173542","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2025-08-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Devon Energy Q2 net earnings $899M ($1.41 EPS); production beats top-end guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Production of 841,000 Boe/d (387,000 bbl/d oil) exceeded guidance; capital $932M, 7% below midpoint.","Generated $1.5B operating cash flow and $589M free cash flow; cash rose $525M to $1.8B.","Returned $405M to shareholders ($0.24/share fixed dividend + $249M share repurchases).","Raised 2025 oil production forecast to 384-390k bbl/d; cut capex guidance by $100M to $3.6-3.8B.","Closed Matterhorn Pipeline divestiture ($372M) and acquired Cotton Draw Midstream ($260M)."],"consensus_eps_estimate":null,"consensus_eps_actual":2.17,"consensus_revenue_estimate":null,"consensus_revenue_actual":8736000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150698,"accession_number":"0001193125-25-136315","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2025-06-06T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Devon Energy 2025 annual meeting: all director nominees elected, say-on-pay approved, special meeting proposal rejected","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All 10 board nominees elected; Robert Mosbacher Jr. received the lowest 'for' votes at 415.8M (withheld 25.3M).","KPMG ratified as independent auditor with 510.4M for, 23.7M against, 0.8M abstain.","Advisory say-on-pay passed with 284.4M for (64.5% of votes cast, excluding broker non-votes) vs 155.1M against.","Shareholder proposal to lower special meeting holding requirement failed: 37.5M for, 401.7M against.","Broker non-votes totaled 93.8M on director elections and non-routine items."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150697,"accession_number":"0001193125-25-113823","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2025-05-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Devon Energy Q1: net earnings $494M, core earnings $779M; oil production beats guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings $494M ($0.77 diluted EPS); core earnings $779M ($1.21/sh).","Oil production 388,000 bbl/d exceeded top-end guidance; total output 815,000 Boe/d.","Capital spending $964M, 5% below midpoint guidance; free cash flow $1.0B.","Returned $464M to shareholders: $0.24/sh dividend and $301M in share repurchases (8.5M shares).","Announced $1B annual pre-tax FCF improvement plan by end-2026; 2025 capex reduced $100M to $3.7-$3.9B."],"consensus_eps_estimate":null,"consensus_eps_actual":0.77,"consensus_revenue_estimate":null,"consensus_revenue_actual":4452000000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169639,"accession_number":"0001193125-25-046230","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2025-03-05T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director John Krenicki Jr. to retire from Devon Energy Board at 2025 annual meeting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["John Krenicki Jr. will retire at the end of his current term and not stand for re-election at the 2025 annual meeting.","Decision is not the result of any disagreement with Devon.","His current term expires with the annual meeting; no replacement has been announced."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169638,"accession_number":"0001193125-25-028614","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2025-02-18T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Devon Q4 net earnings $639M ($0.98/sh); record oil production 398K bpd; dividend raised 9% to $0.24","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 core earnings $756M ($1.16/sh); operating cash flow $1.7B; free cash flow $738M.","Record oil output 398K bpd, 3% above guidance; total production 848K Boe/d, up 16% QoQ.","Board approves 9% dividend increase to $0.24/sh, payable Mar. 31, 2025 to holders of record Mar. 14.","2025 outlook: capex $3.8-$4.0B; production 805-825K Boe/d (oil 380-386K bpd); 5% capex reduction vs prior.","Completed Grayson Mill acquisition in late Sept; reached Eagle Ford partnership dissolution with BPX (closing Apr 1)."],"consensus_eps_estimate":null,"consensus_eps_actual":4.56,"consensus_revenue_estimate":null,"consensus_revenue_actual":15940000000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169637,"accession_number":"0001193125-25-004949","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2025-01-13T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Devon Energy appoints two SVP roles, eliminates EVP Corp Dev position","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["John D. Raines named SVP, E&P Asset Management effective Feb 8, 2025; previously VP Delaware Basin.","Thomas J. Hellman named SVP, E&P Operations effective Jan 20, 2025; previously at Marathon Oil.","David G. Harris to depart as EVP/Chief Corp Dev Officer on Feb 10, 2025; position eliminated.","Both new SVPs receive $475k base salary, 75% bonus target, $1.5M equity target.","Harris eligible for severance: 3x base salary plus bonus, accelerated vesting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186699,"accession_number":"0001193125-24-272870","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2024-12-09T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Devon Energy CEO Richard Muncrief to retire March 1, 2025; COO Clay Gaspar named successor","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CEO Richard Muncrief retiring effective March 1, 2025; will serve as advisor until Q2 2025.","Clay M. Gaspar, current EVP & COO, appointed President, CEO, and Board member same date.","Gaspar compensation: base salary $1,000,000, target bonus 130% of base, target equity $8,000,000.","Retirement not due to disagreement; no other arrangements with Mr. Gaspar."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186698,"accession_number":"0001193125-24-251247","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2024-11-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Devon Q3 net earnings $812M ($1.30/sh); oil prod beat; no variable dividend; Grayson Mill closed","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings of $812M ($1.30 diluted EPS); core earnings $683M ($1.10/sh).","Oil production 335,000 bbl/d (4% above guidance); total output 728,000 Boe/d.","Closed Grayson Mill acquisition on Sept 27; added 307,000 net acres in Williston Basin.","Declared fixed dividend $0.22/sh but no variable dividend; repurchased $295M of stock.","Q4 guidance raised to 811-830 MBoe/d; capital midpoint $950M; retired $472M debt."],"consensus_eps_estimate":null,"consensus_eps_actual":3.59,"consensus_revenue_estimate":null,"consensus_revenue_actual":11537000000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186697,"accession_number":"0001193125-24-232292","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2024-10-03T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Devon files resale prospectus for 37.3M shares in Grayson Mill acquisition","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Filed S-3 prospectus supplement to register up to 37,338,223 shares of common stock for resale.","Shares were issued to sellers under the July 8, 2024, Purchase Agreement for Grayson Mill acquisition.","Registration is required under the Registration Rights Agreement signed at closing of the acquisition.","No new financial or operational disclosures; filing is a procedural step for existing share resale."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":203258,"accession_number":"0001193125-24-208803","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2024-08-28T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Devon closes $2.25B senior notes offering; special redemption if Grayson Mill deal fails","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $1.25B 5.200% notes due 2034 and $1B 5.750% notes due 2054 in registered public offering.","Notes rank equally with existing unsecured debt; interest payable semi-annually starting March 2025.","Special mandatory redemption at 101% if Grayson Mill acquisition not closed by later of Apr 8, 2025 or extended date.","Make-whole call options prior to par call dates (3 months before maturity for 2034, 6 months for 2054)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":203257,"accession_number":"0001193125-24-204407","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2024-08-21T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Devon Energy issues $2.25B in senior notes at 5.200% and 5.750%","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issues $1.25B of 5.200% Senior Notes due 2034 and $1B of 5.750% Senior Notes due 2054.","Underwriting agreement with Citigroup, BofA, Truist, and Wells Fargo as representatives.","Offering expected to close on August 28, 2024, subject to customary conditions.","Proceeds not specified; notes sold under existing shelf registration statement (File No. 333-270269).","Underwriters' affiliates have lending and advisory relationships with Devon."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":203256,"accession_number":"0001193125-24-198887","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2024-08-12T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Devon Energy enters into $2 billion delayed draw term loan credit agreement for Grayson Mill acquisition","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Entered into credit agreement on Aug 12, 2024, providing up to $2 billion in delayed draw term loans.","Includes a 364-day tranche of up to $500 million and a two-year tranche of up to $1.5 billion.","Loan proceeds will fund a portion of cash consideration for the acquisition of Grayson Mill Intermediate HoldCo II and III.","Bank of America, N.A. serves as administrative agent with multiple syndication agents.","Borrower must maintain a funded debt to total capitalization ratio no greater than 65%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":203255,"accession_number":"0001193125-24-194945","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2024-08-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Devon Energy Q2 net earnings $844M; record oil output; upsized buyback to $5B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings $844M ($1.34 diluted EPS); core earnings $885M ($1.41 diluted EPS).","Record oil production 335,000 bpd, exceeding guidance by 3%; total production 707,000 Boe/d, up 7% YoY.","Raised full-year 2024 production guidance 5% above original; capex range unchanged $3.3-3.6B.","Declared fixed-plus-variable dividend $0.44/share, payable Sept 30, 2024; fixed dividend $0.22, variable $0.22.","Board upsized share-repurchase authorization 67% to $5B; Q2 bought 5.2M shares for $256M."],"consensus_eps_estimate":null,"consensus_eps_actual":2.29,"consensus_revenue_estimate":null,"consensus_revenue_actual":7513000000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":203254,"accession_number":"0001193125-24-176302","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2024-07-08T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"Devon Energy to acquire Grayson Mill for $3.25B cash plus 37.2M shares","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Cash consideration of $3.25B and 37,210,292 shares of Devon common stock.","Transaction expected to close in Q3 2024, subject to HSR clearance.","Devon to deposit $250M into escrow within three business days of signing.","Sellers to receive registration rights for the stock consideration at closing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219596,"accession_number":"0001193125-24-156045","cik":1090012,"company_name":"DEVON ENERGY CORP/DE","ticker":"DVN","form_type":"8-K","filed_at":"2024-06-06T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Devon Energy annual meeting: all directors elected, say-on-pay passed, director pay proposal rejected","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All 11 director nominees elected; votes for ranged from 394.3M (Mosbacher) to 415.6M (Kelly); broker non-votes ~109.6M.","KPMG ratified as auditor with 504.1M for, 23.2M against, 0.8M abstain.","Advisory say-on-pay approved: 392.0M for, 24.8M against, 1.8M abstain.","Stockholder proposal to amend bylaw for director compensation rejected: 9.7M for, 406.6M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":51041131476.634476,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}