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DEVON ENERGY CORP/DEBullish
Devon Energy has entered into a definitive agreement to sell its Eagle Ford oil and gas assets to Crescent Energy for $4.2 billion in cash. The company plans to use the proceeds to accelerate share repurchases and reduce debt, thereby enhancing financial flexibility. The transaction is expected to close in the fourth quarter of 2026 or early 2027.…more
DEVON ENERGY CORP/DE
Devon Energy has filed its resource extraction payment report for the 2025 fiscal year. The company reported total payments of $1.053 billion in royalties, taxes, lease bonuses, and fees to the U.S. and Canadian governments during this period.…more
DEVON ENERGY CORP/DE
Insider Clay M. Gaspar of Devon Energy Corp filed a Form 4 report regarding changes in beneficial ownership of securities as of September 10, 2026. This filing serves as a standard disclosure of the insider's equity position changes.…more
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Devon Energy to Sell Eagle Ford Assets for $4.2 Billion
Devon Energy has agreed to sell its Eagle Ford assets for $4.2 billion to optimize its portfolio. The company intends to use the proceeds to accelerate share repurchases and reduce debt to enhance shareholder value.…more
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Devon Energy announced it will release its third-quarter 2026 financial results after the market closes on November 5. A conference call to discuss the results will follow on November 6.…more
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BP is currently evaluating potential acquisitions of oil-weighted shale assets valued between $2 billion and $5 billion to grow its U.S. operations. The company is reportedly considering a bid for Devon Energy's Eagle Ford assets.…more
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