Jul. 2 at 11:30 AM
$DVN The Most Undervalued American Stock to Invest In. today announced it will report second-quarter 2026 results on Tuesday, August 4, after the close of U.S. financial markets.
On June 24, Goldman Sachs analyst Neil Mehta reinstated coverage of Devon Energy with a Buy rating and
$54 price target. Mehta was positive on the company's focus on optimizing its Delaware Basin asset, management's outlook to capture
$1.0B in run-rate merger synergies by 2027-end, and its updated return of capital framework to return up to 70% of free cash flow to shareholders.
DVN has effectively refinanced a significant portion of Coterra's existing debt, streamlining its capital structure.