Devon Energy explores for, develops, and produces oil, natural gas, and natural gas liquids from onshore shale and unconventional resources in the United States. Its core acreage lies in the Delaware Basin of the Permian, the Eagle Ford, the Anadarko Basin, and additional positions in the Williston and Powder River basins. The company applies horizontal drilling and hydraulic fracturing to develop these assets and sells production into wholesale commodity markets.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 4,284 | — | 899 | — |
| Q3 2025 | 4,331 | — | 687 | — |
| Q4 2025 | 4,121 | — | 562 | — |
| Q1 2026 | 3,807 | — | 120 | — |
| Q2 2026 | 7,417 | 73.1% | 1,911 | 112.6% |
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