)
Edge6 Feb 2026
SharkNinja: Viral by Design
How SharkNinja built a repeatable growth engine, turning overlooked appliance categories into global brands through consumer insight and iteration.
Devon Energy
Devon Energy (DVN) investor relations material
Devon Energy Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary18 Feb, 2026
Executive summary
Announced a transformational all-stock merger with Coterra Energy, creating a leading large-cap U.S. shale operator with a premier Delaware Basin position and over 10 years of high-quality inventory, with significant operational synergies expected by year-end 2027.
Achieved strong Q4 and full-year 2025 results, with oil production averaging 390,000 barrels per day in Q4, exceeding guidance, and generating $702 million in Q4 free cash flow.
Business optimization program captured 85% of its $1 billion pre-tax target within a year, with full realization expected by year-end 2026.
Strategic portfolio management and investments, including a 15% stake in Fervo Energy, delivered over $1 billion in value uplift in 2025.
Generated $1.5 billion in operating cash flow in Q4 2025 and distributed approximately $400 million to shareholders.
Financial highlights
Full-year 2025 free cash flow totaled $3.1 billion, enabling $2.2 billion in capital returns to shareholders via dividends, buybacks, and debt retirement.
Q4 2025 oil production reached 390,000 barrels per day, above the top end of guidance, with capital investment at $883 million, 4% below midpoint guidance.
Operating costs improved by 8% year-to-date, with LOE and GP&T per BOE at $8.60 in Q4, down from $9.31 in Q1.
Increased quarterly dividend by 9% to $0.24 per share in 2025, with plans to raise it to $0.315 per share post-merger, subject to board approval.
Ended Q4 with $1.4 billion in cash, $3 billion undrawn credit facility, and $8.4 billion in outstanding debt.
Outlook and guidance
Q1 2026 production expected to average 823,000–843,000 BOE/day, reflecting weather-related downtime in January.
Full-year 2026 standalone guidance projects oil production of 385,000–391,000 barrels per day and total capital spend of $3.5–$3.7 billion.
Updated guidance for the combined entity will be provided after the merger closes in Q2 2026.
Q1 2026 capital spending projected at approximately $900 million.
Plan to increase the quarterly dividend to $0.315 per share and authorize over $5 billion in share repurchases post-merger, subject to board approval.
Breakdown of merger synergies by category?
What drives the remaining 15% optimization value?
How does AI enhance capital efficiency?
Breakdown of $1B merger synergies
Key drivers of business optimization success
Capital allocation strategy post-merger
Key catalysts for remaining $1B optimization?
Strategic rationale for Fervo Energy investment?
What drives sustained Delaware productivity gains?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Devon Energy earnings date
Q1 20266 May, 2026
Devon Energy
Next Devon Energy earnings date
Q1 20266 May, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Devon Energy Corporation explores for, develops, and produces natural gas, oil, and natural gas liquids in the United States. The company has a portfolio of properties throughout onshore North America.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage