DVN at a glance
Devon Energy (DVN, SEC CIK 1090012) filed its latest 10-K annual report on February 18, 2026, a 10-Q quarterly report on August 5, 2026, an 8-K current report on August 27, 2026 and Form 4 insider filings as recently as September 14, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Devon Energy (DVN) reported revenue of $16.8 billion (up 5.4% from FY2024) and net income of $2.6 billion. Diluted EPS was $4.17.
- As of June 30, 2026, 49 institutional investment managers tracked by SignalX reported holding Devon Energy (DVN) shares worth $20.0 billion in 13F-HR filings.
- The most recent insider open-market purchase reported on Form 4 was by Gaspar Clay M on September 14, 2026 of 3,913 shares at $51.08 per share.
- In the last 90 days, DVN insiders reported 1 open-market purchase ($200K) and 1 open-market sale ($344K) on Form 4, a net sale of $144K.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $16.8B
- +5.4% vs prior year
- Insiders · 90 days
- 1 buy · 1 sell
- Net −$144K
- 13F holders
- 49 funds
- $20.0B · +6 vs prior quarter
- Latest 8-K
- Aug 27, 2026
- Item 5.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Risk Factors
- Regulatory risk from EPA methane rules OOOOb and OOOOc finalized Dec 2023, requiring 95% emissions reduction and leak detection enhancements
- Geopolitical risk from Russia-Ukraine conflict impacting oil and gas prices and supply, with exposure in Delaware Basin operations
- Operational risk from midstream capacity constraints causing potential production curtailments and requiring alternative takeaway arrangements
- Competitive risk from larger integrated oil companies with superior resources potentially disadvantaging bids for assets and capital
- Financial risk from reliance on capital markets to fund reserve acquisitions, with no assurance of future capital availability on acceptable terms
Business Overview
- Core business model: Exploration and production of oil and natural gas
- New emphasis on comprehensive cybersecurity Program aligned with NIST Framework, including third-party vendor risk assessments
- Strategic integration of cybersecurity into enterprise-wide risk management with Board and Audit Committee oversight
- Digital Security team’s Manager with 15+ years’ experience leads weekly threat review meetings
- No material cybersecurity incidents reported, despite some events involving Company and service providers
Management Discussion & Analysis
- Revenue and core earnings 2025: Core earnings $2,520M vs $3,105M in 2024, down $585M YoY
- Operating margin indicators: EBITDAX $7,413M (2025) vs $7,739M (2024), down 4.3% YoY; Field-level cash margin $7,656M (2025) vs $7,993M (2024)
- Best segment performance: No explicit segment data given; 2025 asset dispositions negatively impacted core earnings by $266M
- Cash flow and capital allocation: No specific capex, buybacks, or dividend amounts disclosed in section
- Forward outlook and risks: No explicit forward guidance or risk factors mentioned in provided text
AI summary of the DVN 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Earnings $1.9B, up from $120M in Q1 2026; Q2 revenue not provided
- Production 1,359 MBoe/d, including oil 503 MBbls/d
- Operating cash flow $3.7B; liquidity $4.0B, including $1.0B cash
- $500M debt retired, $366M dividends paid, and $202M share repurchases
- Outlook: Q3 production 1,660–1,690 MBoe/d; $1.0B annual synergies targeted by year-end 2027
Risk Factors
- No risk-factors text provided; excerpt covers equity repurchases and program authorization
- New $8.0 billion repurchase program announced May 7, 2026, expiring June 30, 2029
- $202 million spent repurchasing 4.4 million shares during second quarter 2026
- Prior $5.0 billion repurchase authorization terminated May 7, 2026 after $4.5 billion spent
AI summary of the DVN 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 5.02: Departure/Appointment of Directors or Principal Officers
- CEO Clay Gaspar’s base salary increased to $1.5 million annually, retroactive to May 7, 2026
- Restricted stock award valued at $2.7 million, vesting in three annual installments
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Leadership restructuring effective August 20, 2026, consolidating E&P oversight across five operating regions
- Tom Hellman assumes E&P leadership for Anadarko, Eagle Ford, Marcellus and Rockies
Item 2.02: Results of Operations and Financial Condition
- Q2 2026 results covered quarter ended June 30, 2026
- Earnings release includes financial and operational performance details
Item EX-99.1: Item EX-99.1
- Q2 net earnings $1.9B, or $2.03 per diluted share; core earnings $1.5B, or $1.57 per share
- Operating cash flow $3.7B and adjusted free cash flow $1.7B, supporting capital returns and merger integration
AI summaries of DVN 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for DVN
Don't miss the next DVN filing
- Alerts as it files. A push when DVN files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut DVN, by share count.
- Ask anything. An AI agent that reads every DVN filing and answers with sources.
DVN alerts on your phone. Follow it in the SignalX Android app.
Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Gaspar Clay M | Buy | Sep 14, 2026 | 3,913 | $51.08 |
| Lowe Robert Ferrall III | Sell | Sep 14, 2026 | 6,756 | $50.95 |
| Gaspar Clay M | A | Sep 10, 2026 | 53,979 | - |
| Alexander Andrea | Sell | Jun 10, 2026 | 18,000 | $46.74 |
| Lowe Robert Ferrall III | A | Jun 10, 2026 | 30,043 | - |
| Vela Adam M | Sell | May 14, 2026 | 24,342 | $47.21 |
| Ritenour Jeffrey L | Sell | May 11, 2026 | 70,029 | $46.66 |
| Hernandez Jacinto J | A | May 7, 2026 | 6,801 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|
| Profitability | ||||
| Revenue | $15.1B | $15.9B | $16.8B | |
| Net Income | $3.7B | $2.9B | $2.6B | |
| Net Margin | 24.7% | 18.2% | 15.7% | |
| Balance Sheet | ||||
| Total Assets | $24.5B | $30.5B | $31.6B | |
| Equity | $12.1B | $14.5B | $15.5B | |
| ROE | 31.1% | 19.9% | 17.0% | |
| Per Share | ||||
| EPS | $5.84 | $4.56 | $4.17 | |
| Cash Flow | ||||
| Operating CF | $6.5B | $6.6B | $6.7B | |
Source: XBRL data in Devon Energy (DVN)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate DVN share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 49 | $20.02B |
| Q1 2026 | 43 | $13.79B |
| Q4 2025 | 39 | $9.74B |
| Q3 2025 | 42 | $9.61B |
| Q2 2025 | 41 | $8.83B |
| Q1 2025 | 37 | $8.39B |
| Q4 2024 | 35 | $6.22B |
| Q3 2024 | 31 | $3.58B |
- Vanguard Capital Management LLC+35.02M (+87%)
- BlackRock+34.87M (+58%)
- State Street Corp+34.62M (+90%)
- Vanguard Portfolio Management LLC+22.93M (+67%)
- Morgan Stanley+11.79M (+101%)
- Prudential Financial−637.1K (-49%)
- Two Sigma Investments−441.7K (-72%)
- FMR LLC (Fidelity)−305.5K (-9%)
- Marex Group plc−126.8K (-93%)
- PEAPACK GLADSTONE FINANCIAL CORP−2.8K (-2%)
- Bridgewater Associates LP+735.2K
- IES Holdings, Inc.+500.0K
- AlTi Global, Inc.+24.6K
- NICOLET BANKSHARES INC+13.0K
- FIRST FINANCIAL BANKSHARES INC+6.8K
Source: 13F-HR filings on SEC EDGAR (aggregated from 317 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
DVN filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 14, 2026 | - | - | - |
| 4 | Sep 14, 2026 | - | - | - |
| 8-K | Aug 27, 2026 | - | Analysis | - |
| 8-K | Aug 20, 2026 | - | Analysis | - |
| 13F-HR | Aug 13, 2026 | Jun 30, 2026 | - | |
| SC 13G | Aug 13, 2026 | - | - | |
| 10-Q | Aug 5, 2026 | Jun 30, 2026 | Analysis | |
| 4 | Aug 4, 2026 | - | - | - |
| 8-K | Aug 4, 2026 | - | Analysis | - |
| 8-K | Jun 30, 2026 | - | Analysis | - |
| 8-K | Jun 25, 2026 | - | Analysis | - |
| 4 | Jun 12, 2026 | - | - | - |
| 8-K | Jun 5, 2026 | - | Analysis | |
| 8-K | May 22, 2026 | - | Analysis | |
| 8-K | May 21, 2026 | - | Analysis | |
| 4 | May 15, 2026 | - | - | |
| 13F-HR | May 13, 2026 | Mar 31, 2026 | - | |
| 4 | May 12, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - |
Related Energy companies
- APA · APA CorporationCrude Petroleum & Natural Gas
- AESI · Atlas Energy Solutions Inc.Crude Petroleum & Natural Gas
- BKV · BKV CorpCrude Petroleum & Natural Gas
- CRC · California Resources CorpCrude Petroleum & Natural Gas
- CHRD · Chord Energy CorpCrude Petroleum & Natural Gas
- CNX · CNX Resources CorpCrude Petroleum & Natural Gas
- CRK · COMSTOCK RESOURCES INCCrude Petroleum & Natural Gas
- CTRA · CoterraCrude Petroleum & Natural Gas
DVN SEC filings: frequently asked questions
Are DVN insiders buying or selling?
In the last 90 days, Devon Energy (DVN) officers, directors and 10% owners reported 1 open-market purchase worth $199,876 by 1 insider and 1 open-market sale worth $344,218 by 1 insider on Form 4, a net sale of $144,342. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold DVN stock?
As of June 30, 2026, the largest Devon Energy (DVN) holders among the 13F filers tracked by SignalX were BlackRock ($3.9 billion), Vanguard Capital Management LLC ($3.1 billion), State Street Corp ($3.0 billion), Vanguard Portfolio Management LLC ($2.4 billion), Invesco Ltd ($997.8 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was DVN's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Devon Energy (DVN) reported revenue of $16.8 billion (up 5.4% from FY2024) and net income of $2.6 billion. Diluted EPS was $4.17. The figures come from the XBRL data in the 10-K.
What are the main risks in DVN's latest 10-K?
In the 10-K filed February 18, 2026, Devon Energy (DVN) flagged: Regulatory risk from EPA methane rules OOOOb and OOOOc finalized Dec 2023, requiring 95% emissions reduction and leak detection enhancements. Geopolitical risk from Russia-Ukraine conflict impacting oil and gas prices and supply, with exposure in Delaware Basin operations. (AI summary of the Risk Factors section.)
What did DVN report in its latest 8-K?
Devon Energy (DVN) filed an 8-K on August 27, 2026 reporting Item 5.02 (Departure/Appointment of Directors or Principal Officers). CEO Clay Gaspar’s base salary increased to $1.5 million annually, retroactive to May 7, 2026.
What are the latest DVN SEC filings?
Devon Energy (DVN) filed its latest 10-K annual report on February 18, 2026, a 10-Q quarterly report on August 5, 2026, an 8-K current report on August 27, 2026 and a Form 4 insider filing on September 14, 2026.
What is DVN's SEC CIK number?
Devon Energy (DVN)'s SEC Central Index Key (CIK) is 1090012. EDGAR lists every DVN filing under that number.
Ask anything about DVN
The research agent reads DVN's filings, financials, insider trades and 13F holders, then answers with sources.