What Devon Energy's latest 10-K says: 11 signals
Devon Energy filed its latest 10-K with the SEC on Apr 21, 2026. It discusses governance change, restructuring and acquisition completed.
Public (DVN)Oil and Gas10,000+ employeesdevonenergy.comLinkedIn
- Filed
- Apr 21, 2026
- Filings
- 2
- Signals
- 22
10-K · latest 10
What Devon Energy's 10-K filings say
- SEC EDGAR
10-K
Filed · 11 signals
Devon Energy appoints Clay M. Gaspar as new President and CEO effective March 1, 2025
$1M
New annual salary rate for CEO Clay M. Gaspar
41.3%
Salary increase for new CEO Clay M. Gaspar
Devon names 10 E&P peers for performance benchmarking, including ConocoPhillips, EOG, and Occidental
Devon measures its Total Shareholder Return (TSR) against a specific peer group for executive compensation, identifying these companies as its primary competitors for investor capital and market position.
APA CorporationConocoPhillipsCoterra Energy Inc.Diamondback Energy, Inc.
Devon increases 2025 CapEx target to $3.9B to integrate Grayson Mill acquisition
Following the September 2024 acquisition of Grayson Mill, Devon is increasing its capital expenditure target to $3.935 billion for 2025 to support the newly added assets.
$3.9B
Total Capital Expenditures target for 2025
Devon forecasts $1B revenue loss in 2025 due to 6-10% lower commodity prices.
The company anticipates a significant negative impact on revenue and free cash flow due to lower forecasted commodity prices for 2025.
$1B
Projected lost revenue in 2025 due to lower commodity prices
10%
Upper range of projected decline in commodity prices for oil and natural gas liquids in 2025
Forecasted 6-10% drop in commodity prices expected to reduce revenue by $1B in 2025.
Devon set a lower Free Cash Flow target for 2025 due to projections of significantly lower commodity prices, equating to a $1B revenue shortfall.
$1B
Projected lost revenue in 2025 due to lower commodity prices.
8%
Average projected decrease in commodity prices for oil and natural gas liquids.
John D. Raines promoted to Senior Vice President in 2025.
The promotion of a new Senior Vice President concurrently with a new CEO suggests a broader leadership team refresh is underway.
$0.5M
New annual salary for SVP John D. Raines.
14.1%
Salary increase for John D. Raines upon promotion to SVP.
Devon incentivizes methane and spill reduction, exceeding 2025 environmental targets.
The company has a formal, weighted goal in its executive compensation plan focused on environmental performance, specifically Methane Emissions Detection and Spill Rate Reduction.
15%
Weighting of Environmental Performance goal in annual cash incentive calculation
Company has strategic initiatives for Methane Emissions Detection and Spill Rate Reduction.
Devon's executive compensation is tied to specific environmental performance goals, including reducing methane detection intensity and liquid spill rates.
Methane Emissions Detection
- SEC EDGAR
10-K · FY2025
Filed · Fiscal year ends 12/31 · 11 signals
Budgeting ~$100M in 2026 for capital projects focused on emissions reduction.
Devon is allocating significant capital, approximately $100 million in 2026, for projects aimed at reducing emissions.
$100M
annual spend on capital projects for emissions reduction
The company has set formal GHG and methane reduction targets and is pursuing a long-term goal of net-zero for Scope 1 and 2 emissions.
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One POST /v1/companies/enrich call with devonenergy.com returns Devon Energy 10-K signals (sec-10k), each with its source. Or ask Claude through MCP.
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-H "X-API-KEY: $AUTOBOUND_API_KEY" \
-H "Content-Type: application/json" \
-d '{"domain":"devonenergy.com","signal_types":["sec-10k"],"limit":20}'Same industry
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Questions about Devon Energy 10-K
When did Devon Energy file its latest 10-K?
What does Devon Energy's latest 10-K say about CEO change?
Where can I find Devon Energy's annual report?
Source. Annual reports (Form 10-K) filed with the SEC. Every card links to the filing on EDGAR.
Method. Insights are extracted from the filing text and grouped by category. Numbers are quoted from the filing.
Data as of .