DVNDevon Energy

Energy · Oil & Gas Production · NYSE

Headquarters: Houston, TX
CEO: Clay M. Gaspar
Next results: around Feb 16, 2027

RevenueFY2016–25 $17.2B+7.8% FY2025: $15.9B 10-K FY2025 · XBRL Net incomeFY2016–25 $2.6B−8.7% FY2025: $2.9B 10-K FY2025 · XBRL Free cash flowFY2016–25 $3.1B+5.5% FY2025: $3.0B 10-K FY2025 · XBRL

What changed

10-K filed Feb 18, 2026 against Feb 19, 2025

Area	What changed	Source
Risk factors	11 new paragraphs, nothing like them in the previous 10-K	10-K Item 1A
Accounting checks	11 other checks clear	10-K · XBRL
Insiders	1 open-market buy in the last 90 days	Form 4
Filings	2 in the last 30 days	EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

What's new, in their words

10-K filed Feb 18, 2026

Paragraphs in Risk Factors that were not in the 10-K filed 2025-02-19. Quoted as filed.

We May Fail to Realize the Anticipated Benefits of the Merger, and Any Failure to Successfully Integrate the Businesses and Operations of Devon and Coterra May Adversely Affect Our Future Results The success of the Merger will depend on, among other things, the combined company’s ability to realize anticipated synergies and benefits. If…
10-K, Item 1A

All 11 new paragraphs →

Accounting checks

latest 10-K

11 of 11 clear 0 worth a look. Checks, not verdicts.

✓
Receivables -9.1% vs revenue +7.8% (-17.0 pts)
✓
Cash from operations $6.7B vs net income $2.6B (FY ending 2025-12-31)
✓
Inventory +14.3% vs revenue +7.8% (+6.5 pts)
✓
Same auditor in both 10-Ks: KPMG LLP
✓
No statement of substantial doubt about going concern
✓
No 8-K item 4.02 in the last 2 years
✓
No NT 10-K or NT 10-Q in the last 2 years
✓
The same matters as last year: Estimate of proved oil and gas reserves used in the depletion of proved oil and gas properties
✓
No sentence in the 10-K concludes that controls were not effective because of a material weakness
✓
No 8-K item 2.06 in the last 2 years
✓
No 8-K item 1.03 in the last 2 years

How each check works, with sources →

In the last 30 days

All filings →

Nov 6, 202610-Q Quarterly report (10-Q) period ended Sep 30, 2026
Nov 5, 20268-K Quarterly results 8-K item 2.02

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