Welcome to our dedicated page for Devon Energy SEC filings (Ticker: DVN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Devon Energy Corporation filings document material events and capital-structure disclosures for a U.S. oil and gas producer with NYSE-listed common stock. Recent 8-K reports cover operating and financial results, shareholder voting matters, governance actions, material agreements and the completed Coterra merger, which made Coterra a direct wholly owned subsidiary of Devon.
The filing record also includes credit agreement amendments and related exhibit disclosures, along with registered security information, financial-statement exhibits and formal reports on events affecting Devon’s capital structure and corporate governance.
DEVON ENERGY CORP/DE filed an initial Form 3 for director Jacinto J. Hernandez. The filing lists him as a director and shows no reported transactions or derivative positions, serving as a baseline disclosure of his status as a reporting person under insider ownership rules.
DEVON ENERGY CORP/DE filed an initial Form 3 for executive officer Michael D. DeShazer, who serves as EVP, Exploration & Production. The filing is a baseline statement of his status as a reporting person and does not list any stock transactions or derivative holdings.
Devon Energy Corporation officer Gregory F. Conaway, who serves as VP and Chief Accounting Officer, has filed an initial Form 3 as a reporting person. This filing establishes his insider status with the company and does not list any share purchases, sales, or other equity transactions.
Devon Energy Corporation director Amanda M. Brock filed an initial Form 3 as a reporting person. This filing establishes her insider status with the SEC but does not list any buy, sell, or derivative transactions or holdings in the summarized data.
DEVON ENERGY CORP/DE executive Andrea Alexander, who serves as SVP and Chief Administrative Officer, filed an initial Form 3 insider report. The filing lists her as an officer but shows no reported purchases, sales, gifts, or other transactions in company securities at this time.
Devon Energy Corp. (DVN) submitted a Form 144 notice reporting proposed sales of Common shares held at Fidelity Brokerage Services LLC. The filing lists multiple restricted stock vesting lots with specific grant/vesting dates and share counts (examples include 2,928, 25,928, 21,698). The filing identifies Fidelity as the broker and shows an entry dated 05/11/2026.
Devon Energy completed its all-stock merger with Coterra Energy, making Coterra a wholly owned subsidiary and creating a large-cap shale operator anchored in the Delaware Basin. Each Coterra share was converted into the right to receive 0.70 shares of Devon common stock, with cash paid for fractional shares.
After the merger, pre‑merger Devon shareholders own approximately 54 percent of the combined company and former Coterra shareholders own approximately 46 percent on a fully diluted basis. Devon targets $1 billion in annual pre‑tax synergies by year‑end 2027 and will be headquartered in Houston while maintaining a significant Oklahoma City presence.
The board was reconstituted to 11 members, with six Legacy Devon Directors and five Legacy Coterra Directors, and Thomas E. Jorden named non‑executive Chair. Devon also appointed a new Chief Financial Officer and Chief Accounting Officer from Coterra, while prior finance leaders moved into other senior roles.
In connection with the merger, Devon amended its restated certificate of incorporation to increase authorized common shares from 1,000,000,000 to 2,000,000,000. The company incorporated Coterra’s audited financial statements and unaudited pro forma combined financials by reference to provide investors with historical and combined financial views following the transaction.
Devon Energy completed its all-stock merger with Coterra Energy, making Coterra a wholly owned subsidiary and creating a large-cap shale operator anchored in the Delaware Basin. Each Coterra share was converted into the right to receive 0.70 shares of Devon common stock, with cash paid for fractional shares.
After the merger, pre‑merger Devon shareholders own approximately 54 percent of the combined company and former Coterra shareholders own approximately 46 percent on a fully diluted basis. Devon targets $1 billion in annual pre‑tax synergies by year‑end 2027 and will be headquartered in Houston while maintaining a significant Oklahoma City presence.
The board was reconstituted to 11 members, with six Legacy Devon Directors and five Legacy Coterra Directors, and Thomas E. Jorden named non‑executive Chair. Devon also appointed a new Chief Financial Officer and Chief Accounting Officer from Coterra, while prior finance leaders moved into other senior roles.
In connection with the merger, Devon amended its restated certificate of incorporation to increase authorized common shares from 1,000,000,000 to 2,000,000,000. The company incorporated Coterra’s audited financial statements and unaudited pro forma combined financials by reference to provide investors with historical and combined financial views following the transaction.
Devon Energy Corporation files a Post-Effective Amendment No. 1 on Form S-8 to register 12,386,440 shares of Devon common stock (the "Assumed Shares") that were previously registered on Form S-4 and arise from the merger exchange ratio of 0.70 Devon shares per Coterra share.
The Assumed Shares were allocated to the Devon 2022 Long-Term Incentive Plan and will be available for grant only to individuals who were service providers to Coterra immediately before the merger or who first become service providers to Devon after the merger; availability continues until February 21, 2033, the expiration date of the Coterra plan.
Devon Energy Corporation files a Post-Effective Amendment No. 1 on Form S-8 to register 12,386,440 shares of Devon common stock (the "Assumed Shares") that were previously registered on Form S-4 and arise from the merger exchange ratio of 0.70 Devon shares per Coterra share.
The Assumed Shares were allocated to the Devon 2022 Long-Term Incentive Plan and will be available for grant only to individuals who were service providers to Coterra immediately before the merger or who first become service providers to Devon after the merger; availability continues until February 21, 2033, the expiration date of the Coterra plan.
Devon Energy reported first-quarter 2026 total revenues of $3.807 billion and net earnings of $120 million, or $0.19 per diluted share, down sharply from $509 million a year earlier primarily due to a non-cash commodity derivative valuation loss of about $0.7 billion.
Operating cash flow remained strong at $1.655 billion against capital expenditures of $839 million, leaving quarter-end cash, cash equivalents and restricted cash of $1.815 billion and total liquidity of $4.8 billion. Long-term debt stood at $7.387 billion with a debt-to-capitalization ratio of 24.9%.
Devon highlighted an all-stock merger of equals with Coterra, under which each Coterra share will convert into 0.70 Devon share, targeting $1.0 billion in sustainable annual pre-tax synergies. The company is also on track to achieve a separate $1.0 billion optimization plan ahead of schedule and has repurchased roughly 102 million shares for about $4.5 billion cumulatively under its $5.0 billion authorization, currently suspended due to the pending merger. Devon paid a first-quarter 2026 dividend of $0.24 per share.
Devon Energy reported first-quarter 2026 net earnings of $120 million, or $0.19 per diluted share, with core earnings of $641 million, or $1.04 per share, after adjusting for derivative and other items. Operating cash flow reached about $1.7 billion, funding capital spending and generating $816 million of free cash flow as production averaged 833,000 Boe per day, with oil at the top end of guidance.
The company highlighted strong balance sheet metrics, ending the quarter with $1.8 billion in cash, an undrawn $3.0 billion credit facility, total debt of $8.4 billion and a net debt‑to‑EBITDAX ratio of 0.9x. Capital investment excluding acquisitions was $848 million, about 6% below guidance, while total capital including leasehold acquisitions was $999 million.
Strategically, Devon is advancing an all‑stock merger with Coterra Energy, approved by both companies’ shareholders and expected to close on or around May 7, 2026. The combined company, to be named Devon Energy, targets $1.0 billion in sustainable annual pre‑tax synergies by year‑end 2027, with Devon shareholders expected to own about 54% and Coterra shareholders about 46% of the combined entity.