Devon Energy Stock News

John Raines Named President and Chief Operating Officer;  Michael Magilton Named Chief Financial Officer HOUSTON, Oct. 27, 2026 (GLOBE NEWSWIRE) -- NEQ Operating, LLC ("NEQ Operating" or the "Company"), a leading operator of upstream assets across the Lower 48, today announced the appointments of John Raines as President and Chief Operating Officer and Michael Magilton as Chief Financial Office...

President and CEO Clay Gaspar said the deal is the outcome of an ongoing portfolio review and sharpens the company's focus on its highest-return and longest-duration assets.

Transaction high-grades Devon's portfolio, monetizes at an attractive valuation and enhances financial flexibility Transaction high-grades Devon's portfolio, monetizes at an attractive valuation and enhances financial flexibility

The departures of Devon Energy and Expand Energy are the latest sign that oil-and-gas mergers are consolidating the industry in Houston.

BP is weighing a potential acquisition ​of Devon Energy's operations in South Texas as part of renewed efforts by the British supermajor to grow its shale asset base in the ‌United States, people familiar with the matter said.

Devon Energy (DVN) shares are pushing higher this morning following reports that activist hedge fund Toms Capital Management is urging the oil and gas producer to explore strategic alternatives, including an outright sale. Toms Capital is now one of the five largest DVN shareholders; its disclosure marks a “dramatic” escalation in investor pressure following the company's merger with Coterra En...

Activist hedge fund Toms Capital Management sent a letter earlier this month to Devon Energy urging the Houston-based oil and gas company to review strategic alternatives, including a sale.

Infrastructure company WhiteWater and its joint venture partners Devon Energy , MPLX , Diamondback Energy and Western Midstream ​Partners said on Monday they had reached a ‌final investment decision (FID) to build two natural gas pipelines from the Permian Basin to Katy, Texas.