Devon Energy (DVN) Tops Q2 EPS by 8c; offers outlook

Devon Energy (NYSE: DVN) reported Q2 EPS of $1.57, $0.08 better than the analyst estimate of $1.49. Revenue for the quarter came in at $7.42 billion versus the consensus estimate of $5.99 billion.

2026 OUTLOOK
After a strong second-quarter, the company is demonstrating the operational and financial performance which underpin its full-year 2026 guidance, which remains unchanged from June.
In the third quarter of 2026, total production is expected to average between 1,660,000 and 1,690,000 Boe per day and oil production is expected to average between 550,000 and 560,000 barrels per day. Capital spending in the third quarter is expected to be between $1,400 million and $1,500 million.

For earnings history and earnings-related data on Devon Energy (DVN) click here.

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