StockStorm.ai

Devon Energy Corporation

DVN Stock News

Latest DVN news

Why Toms Capital wants Devon Energy to consider a sale

Invezz · Wed, 23 Sep 2026 11:18:39 -0400

Devon Energy (DVN) shares are pushing higher this morning following reports that activist hedge fund Toms Capital Management is urging the oil and gas producer to explore strategic alternatives, including an outright sale. Toms Capital is now one of the five largest DVN shareholders; its disclosure marks a “dramatic” escalation in investor pressure following the company's merger with Coterra Energy, which closed last May.

Solitude Pipeline Announcement Benefits Both Devon And Diamondback

Seeking Alpha · Wed, 16 Sep 2026 11:28:20 -0400

Devon Energy and Diamondback gain significant upside from the Solitude Pipeline, securing substantial Permian gas takeaway capacity. Solitude's 4.5 Bcf/d capacity, with major producer backing, should structurally improve Waha basis but may shift congestion risk to Katy. DVN and FANG could see $1.00/mmbtu margin uplift, translating to $410mm and $120mm annual profit boosts, respectively, if Katy basis holds.

Market information is provided for research and visualization and is not investment advice.