2 news · updated May 6, 2026

Devon urged to sell

2026-05-05

Devon Energy misses first-quarter profit estimates on production slide

Devon Energy missed Q1 profit estimates as production slid to 387,000 boepd amid negative natural gas prices. The company forecasts Q2 production between 851,000 and 868,000 boepd with $925 million in

reuters · 2026-05-05 13:14 UTC

2026-04-28

Investor Kimmeridge urges Devon to pursue asset sales after Coterra merger

Activist investor Kimmeridge urged Devon Energy to streamline assets and capital allocation post-merger with Coterra Energy, warning against a conglomerate discount for the $58 billion shale giant.

reuters · 2026-04-28 05:47 UTC

Devon urged to sell

Devon Energy misses first-quarter profit estimates on production slide

Investor Kimmeridge urges Devon to pursue asset sales after Coterra merger

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