Valued at a market cap of $20.7 billion, Devon Energy Corporation (DVN) is an independent energy company headquartered in Oklahoma City, Oklahoma. It explores, develops, and produces oil, natural gas, and natural gas liquids. The company is expected to announce its fiscal Q2 earnings for 2025 after the market closes on Tuesday, Aug. 5.
Ahead of this event, analysts expect this energy company to report a profit of $0.81 per share, down 42.6% from $1.41 per share in the year-ago quarter. The company has topped Wall Street’s earnings estimates in three of the last four quarters, while missing on another occasion. In Q1, DVN’s EPS of $1.21 fell short of the forecasted figure by 4.7%.
