Devon Energy Reports Q2 2025 Earnings, Declares Quarterly Dividend

Devon Energy reported Q2 2025 results, declaring a quarterly dividend and updating its 2025 outlook. The company's earnings release, financial tables, and guidance can be accessed on its website. Devon's conference call will be held on August 6, 2025, at 10:00 a.m. CT. Devon Energy is a leading oil and gas producer with a diversified multi-basin portfolio, focusing on safe and sustainable operations.

Devon Energy (NYSE: DVN), a leading oil and gas producer in the U.S., has announced its second-quarter 2025 financial and operational results. The company also declared its quarterly dividend and provided an updated outlook for the year. The detailed earnings information, supplemental financial tables, guidance, and related presentation materials are available on Devon's website in the Investor Relations section [1].

The company's earnings call, scheduled for Wednesday, August 6, 2025, at 10:00 a.m. Central time, will serve as a forum for analyst and investor questions. Devon Energy operates in the Delaware Basin and other key oil and gas basins, focusing on safe and sustainable operations [1].

The consensus EPS estimate for the second quarter is $0.86, down 39.0% year-over-year, and the consensus revenue estimate is $4.01 billion, up 2.3% year-over-year. Over the last two years, Devon Energy has beaten EPS estimates 75% of the time and revenue estimates 63% of the time [2].

The Bank of Nova Scotia recently reduced its stake in Devon Energy by 82.9%, selling 765,586 shares and leaving it with 158,401 shares valued at approximately $5.9 million. Several other institutional investors and hedge funds have also made changes to their positions in the stock [3].

Analysts have mixed opinions on Devon Energy's stock. UBS Group lifted their price target on shares of Devon Energy from $35.00 to $37.00 and gave the company a "neutral" rating, while Goldman Sachs Group lifted their price target from $38.00 to $43.00 and gave the company a "buy" rating [3].

Devon Energy's stock opened at $31.94 on Tuesday, with a market cap of $20.51 billion, a P/E ratio of 7.28, and a beta of 1.07. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08, and a quick ratio of 0.99 [3].

References:
[1] https://www.stocktitan.net/news/DVN/devon-energy-reports-second-quarter-2025-results-and-declares-xn2u2t4sfkih.html
[2] https://seekingalpha.com/news/4477655-devon-energy-q2-2025-earnings-preview
[3] https://www.marketbeat.com/instant-alerts/filing-devon-energy-corporation-nysedvn-shares-sold-by-bank-of-nova-scotia-2025-08-05/