Devon Energy Corporation updated production guidance for the second quarter and full year 2026. For the quarter, the company expects oil to be in the range of 485 MBbls/d to 505 MBbls/d; Natural gas liquids to be in the range of 305 MBbls/d to 315 MBbls/d; Gas to be in the range of 3,150 MMcf/d to 3,250 MMcf/d and Total oil equivalent to be in the range of 1,315 MBoe/d to 1,360 MBoe/d.
For the full year, the company expects oil to be in the range of 490 MBbls/d to 510 MBbls/d; Natural gas liquids to be in the range of 315 MBbls/d to 330 MBbls/d; Gas to be in the range of 3,300 MMcf/d to 3,400 MMcf/d and Total oil equivalent to be in the range of 1,355 MBoe/d to 1,405 MBoe/d.
Devon Energy Corporation specializes in oil and natural gas exploration and production. The activity is organized around two areas:
- production and sale of oil, natural gas and liquefied natural gas;
- oil and gas services: primarily construction of pipelines, storage facilities, and hydrocarbon processing and transformation services.
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