Q1: 2026-05-05 Earnings Summary
EPS of $1.04 misses by $0.05
|
Revenue of
$3.81B
(-14.49% Y/Y)
misses by $138.66M
Devon Energy Corporation (DVN) Q1 2026 Earnings Call May 6, 2026 11:00 AM EDT
Company Participants
Christopher Carr - Director of Investor Relations
Clay Gaspar - President, CEO & Director
Jeffrey Ritenour - Executive VP & CFO
Robert Lowe - Senior VP & CTO
John Raines - Senior Vice President of E&P Asset Management
Conference Call Participants
Arun Jayaram - JPMorgan Chase & Co, Research Division
Neal Dingmann - William Blair & Company L.L.C., Research Division
Neil Mehta - Goldman Sachs Group, Inc., Research Division
Scott Gruber - Citigroup Inc., Research Division
Joshua Silverstein - UBS Investment Bank, Research Division
Phillip Jungwirth - BMO Capital Markets Equity Research
John Freeman - Raymond James & Associates, Inc., Research Division
Wei Jiang - Barclays Bank PLC, Research Division
Douglas George Blyth Leggate - Wolfe Research, LLC
Kevin MacCurdy - Pickering Energy Partners Insights
Presentation
Operator
Welcome to Devon Energy's First Quarter 2026 Conference Call. [Operator Instructions] This call is being recorded. [Operator Instructions]
I'd now like to turn the call over to Mr. Chris Carr, Director of Investor Relations. You may begin.
Christopher Carr
Director of Investor Relations
Good morning, and thank you for joining us on the call today. Last night, we issued Devon's first quarter 2026 earnings release and presentation materials. Throughout the call today, we will make references to these materials to support prepared remarks. The release and slides can be found in the Investors section of the Devon website.
Joining me on the call today are Clay Gaspar, President and Chief Executive Officer; Jeff Ritenour, Chief Financial Officer; John Raines, SVP, Asset Management; Tom Hellman, SVP, E&P Operations; and Trey Lowe, SVP and Chief Technology Officer.
As a reminder, this call will include forward-looking statements as defined under U.S. securities laws. These statements involve risks and uncertainties that may cause actual results to differ materially from our forecast. Please refer to the cautionary
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