NYSE:DVNOil and Gas
Weaker Earnings And Oil‑to‑Gas Shift Might Change The Case For Investing In Devon Energy (DVN)
Devon Energy recently reported that its February 17, 2026 earnings release showed earnings per share down more than 30% year over year, alongside an 8.52% revenue decline and a shift toward higher gas revenues but lower oil revenues.
This combination of weaker earnings and a changing oil-gas revenue mix has prompted analysts to reassess their expectations and trim earnings forecasts.
Next, we’ll consider how these weaker near-term earnings expectations and downward estimate revisions affect...