Oklahoma City, Oklahoma-based Devon Energy Corporation (DVN) is an independent energy company that explores, develops, and produces oil, natural gas, and natural gas liquids. Valued at $20.1 billion by market cap, the company also has marketing and midstream operations primarily in North America, including gas, crude oil, and NGLs. The leading independent energy company is expected to announce its fiscal third-quarter earnings for 2025 after the market closes on Wednesday, Nov. 5.
Ahead of the event, analysts expect DVN to report a profit of $0.92 per share on a diluted basis, down 16.4% from $1.10 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
