William Blair initiated coverage of Devon Energy with a rating of Outperform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/15/2026 | $54.00 | In-line | Evercore ISI |
| 5/8/2026 | $62.00 | Hold → Buy | Jefferies |
| 5/5/2026 | $72.00 | Outperform → Strong Buy | Raymond James |
| 3/24/2026 | $63.00 | Buy | Truist |
| 2/4/2026 | $50.00 | Equal Weight → Overweight | Barclays |
| 1/16/2026 | $41.00 | Sector Outperform → Sector Perform | Scotiabank |
| 12/12/2025 | Neutral → Buy | UBS | |
| 12/8/2025 | $44.00 | Neutral → Overweight | Analyst |
Evercore ISI initiated coverage of Devon Energy with a rating of In-line and set a new price target of $54.00
Jefferies upgraded Devon Energy from Hold to Buy and set a new price target of $62.00
Raymond James upgraded Devon Energy from Outperform to Strong Buy and set a new price target of $72.00
Collective Bids Top $4 Billion as Permian Basin Demand Reaches Historic Peak The United States Bureau of Land Management (BLM) New Mexico State Office today concluded its May 20, 2026 federal oil and gas competitive lease sale, which set new records for per-acre high bids and generated total competitive bids of approximately $4.008 billion — an unprecedented result reflecting surging operator confidence in the Delaware Basin and broader New Mexico Permian play. The sale drew participation from major public companies, well-capitalized private operators, and emerging independents. Industry observers noted that bidding intensity exceeded even the most bullish pre-sale forecasts, with sever
HOUSTON, May 22, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corporation (NYSE:DVN) ("Devon") and Coterra Energy Inc. (NYSE:CTRA) ("Coterra") today announced that, in connection with the completed merger of Coterra, with Coterra surviving as a direct, wholly owned subsidiary of Devon, Devon has commenced offers to Eligible Holders (as defined herein) to exchange (each, an "Exchange Offer" and collectively, the "Exchange Offers") any and all outstanding notes issued by Coterra as set forth in the table below (the "Existing Coterra Notes") for (1) new notes issued by Devon (the "New Devon Notes") and (2) cash. The following table sets forth the Exchange Consideration and Total Exchange Considerat
Delaware Basin Lease Sale Underscores Strong Demand for US Shale Investment Efficient Markets is pleased to announce the results of yesterday's Bureau of Land Management's (BLM) online federal oil and gas lease sale in New Mexico and Texas for 74 parcels covering 33,529 acres. Multiple all-time high records were achieved, including the substantial aggregate high bids of $4,007,609,288, as well as the highest per-acre bid record at $357,129. Bidding activity remained highly competitive throughout the sale, with 100 percent of parcels receiving multiple bids. A total of 61 unique, financially vetted bidders placed a combined 1,072 bids, with the highest per-parcel bid reaching $405,761,28
8-K - DEVON ENERGY CORP/DE (0001090012) (Filer)
8-K - DEVON ENERGY CORP/DE (0001090012) (Filer)
EFFECT - DEVON ENERGY CORP/DE (0001090012) (Filer)
4 - DEVON ENERGY CORP/DE (0001090012) (Issuer)
4 - DEVON ENERGY CORP/DE (0001090012) (Issuer)
4 - DEVON ENERGY CORP/DE (0001090012) (Reporting)
4 - DEVON ENERGY CORP/DE (0001090012) (Issuer)
SC 13G/A - DEVON ENERGY CORP/DE (0001090012) (Subject)
SC 13G/A - DEVON ENERGY CORP/DE (0001090012) (Subject)
SC 13G/A - DEVON ENERGY CORP/DE (0001090012) (Subject)
NEW YORK, April 30, 2026 /PRNewswire/ -- Veeva Systems Inc. (NYSE:VEEV) will replace Coterra Energy Inc. (NYSE:CTRA) in the S&P 500 effective prior to the opening of trading on Thursday, May 7. S&P 500 constituent Devon Energy Corp. (NYSE:DVN) is acquiring Coterra Energy in a deal expected to close soon, pending final closing conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date:Effective DateIndex Name ActionCompany NameTickerGICS SectorMay 7, 2026S&P 500AdditionVeeva SystemsVEEVHealth CareMay 7, 2026S&P 500DeletionCoterra EnergyCTRAEnergyABOUT S&P DOW JONES INDICESS&P Dow Jones Indices is the largest global resource
OKLAHOMA CITY, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE:DVN) announced today that Brent J. Smolik has joined its Board of Directors effective Oct. 1. Mr. Smolik is the former president and chief operating officer of Noble Energy and president, CEO and chairman of the board of EP Energy Corporation. "We are pleased to welcome Brent Smolik to our Board of Directors," said Clay Gaspar, president and CEO. "His leadership and strategic insight will be instrumental as we continue to deliver value to our shareholders." "Brent's extensive experience, combined with his operational and technical expertise in the oil and gas industry, will be valuable as we guide the company into
HOUSTON, May 27, 2025 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the "Company" or "KYN") announced today the appointments of Holli C. Ladhani and Michael N. Mears as independent directors of the Company, effective immediately. Following the retirements of Anne K. Costin and Albert L. Richey earlier this year, the appointments of Ms. Ladhani and Mr. Mears return the Company's Board to eight members, seven of whom are independent. Holli C. Ladhani is an experienced executive and board director in the energy, chemicals, power, and infrastructure sectors. Ms. Ladhani most recently served as President, Chief Executive Officer, and a member of the board of directors of
HOUSTON, May 21, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corporation (NYSE:DVN) announced the successful acquisition of 16,300 net undeveloped acres in the core of the Delaware Basin in Lea and Eddy Counties, New Mexico, for approximately $2.6 billion, or approximately $161,500 per net acre, through the Bureau of Land Management ("BLM") Oil and Gas Lease Sale. This acquisition bolsters the premier Delaware Basin positions in the industry, extends inventory life, and is accretive to net asset value per share. KEY HIGHLIGHTS Acquisition adds approximately 400 net locations normalized to 2-mile laterals, with expected strong well economics and low breakevens supported by: High Net Revenue
HOUSTON, May 07, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corporation ("Devon") (NYSE:DVN) today announced a series of capital return actions following the successful completion of its previously announced all-stock merger with Coterra Energy Inc. ("Coterra") earlier today. The actions reflect the board's confidence in the combined company's free cash flow generation and its commitment to delivering differentiated returns to shareholders through commodity cycles. "Today's actions demonstrate our unwavering commitment to returning meaningful capital to shareholders and maintaining a disciplined, investment-grade balance sheet," said Clay Gaspar, Devon's President and Chief Executive Officer.
OKLAHOMA CITY and HOUSTON, May 07, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corporation ("Devon") (NYSE:DVN) and Coterra Energy Inc. ("Coterra") (NYSE:CTRA) today announced the successful completion of their previously announced all-stock merger (the "Transaction"), creating a premier large-cap shale operator with a high-quality asset base anchored by a leading position in the economic core of the Delaware Basin. The Transaction was approved by stockholders of both companies at special meetings held on May 4, 2026. The combined company will operate under the name Devon Energy and will continue to trade on the New York Stock Exchange under the ticker symbol "DVN." The combined company will be