Devon Energy (NYSE: DVN) reported Q4 EPS of $0.82, in-line with the analyst estimate of $0.82. Revenue for the quarter came in at $4.12 billion versus the consensus estimate of $4.03 billion.

Q1 2026 OUTLOOK
Production in the first quarter of 2026 is estimated to be reduced by 1 percent or 10,000 Boe per day (50 percent oil) due to the impact of severe winter weather. Adjusting for this downtime, the company expects production to average 823,000 to 843,000 Boe per day. Capital spending in the first quarter is expected to be approximately $900 million. 3 Looking beyond the first quarter, the company's full-year 2026 guidance issued today reflects standalone Devon operations.
Upon the expected closure of the Devon and Coterra merger in the second quarter of 2026, the company will provide updated full-year guidance for the combined entity.

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