---
title: "Devon Energy Q2 FY26 net earnings rise to $1.9 billion; oil, gas and NGL sales total $5.1 billion"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294864356.md"
description: "Devon Energy reported Q2 FY26 net earnings of $1.9 billion ($2.03 per share), driven by $5.1 billion in oil, gas, and NGL sales. The company generated $3.7 billion in operating cash flow and spent $1.27 billion on capital. It returned $1.06 billion via dividends and buybacks. Additionally, Devon closed its Coterra merger, targeting over $1 billion in annual synergies by late 2027."
datetime: "2026-08-04T20:12:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294864356.md)
  - [en](https://longbridge.com/en/news/294864356.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294864356.md)
generator: "portal-rs"
---

# Devon Energy Q2 FY26 net earnings rise to $1.9 billion; oil, gas and NGL sales total $5.1 billion

-   Devon Energy posted Q2 2026 net earnings of $1.9 billion, or $2.03 per diluted share; core earnings were $1.5 billion, or $1.57 per share. \* Operating cash flow totaled $3.7 billion (GAAP); adjusted operating cash flow was $2.9 billion, with $1.7 billion of adjusted free cash flow. \* Capital spending was $1.27 billion, with production averaging 1,359,000 Boe per day, including 503,000 barrels of oil per day. \* Returned $1.06 billion via a $0.32-per-share dividend and share repurchases; repurchased 4,300,000 shares for $197 million under a new $8 billion program. \* Closed the Coterra merger on May 7; targets at least $1 billion in annual pre-tax run-rate synergies by year-end 2027. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Devon Energy Corporation published the original content used to generate this news brief on August 04, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

### Related Stocks

- [CTRA.US](https://longbridge.com/en/quote/CTRA.US.md)
- [DVN.US](https://longbridge.com/en/quote/DVN.US.md)

## Related News & Research

- [Impala Asset Management LLC Takes $3.72 Million Position in Devon Energy Corporation $DVN](https://longbridge.com/en/news/297304894.md)
- [Nat-Gas Prices Fall Ahead of Opening of Texas Pipeline](https://longbridge.com/en/news/297362013.md)
- [Par Pacific’s Laramie Energy agrees to sell oil and gas assets for $485 million cash](https://longbridge.com/en/news/297013426.md)
- [GRAPHIC-As war strands Qatari gas for 6 months, US sales rise and European stocks plummet](https://longbridge.com/en/news/296987849.md)
- [US nears deal to secure long-term access to Venezuela's oil reserves, sources say](https://longbridge.com/en/news/297236613.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**