Devon Energy Corporation (DVN) is a major player in U.S. oil and gas, boasting a diversified portfolio. The company will report its fiscal 2025 fourth-quarter results, with analysts predicting earnings of $0.93 per share. Despite a 5.8% drop in share price over the past year, Devon has outperformed its sector.

Devon Energy is projected to see a decline in its earnings trajectory, with full-year EPS for 2025 expected at $4.04, down 16.2% from the prior year. Looking ahead to 2026, EPS is forecasted to slip further to $3.58. Despite these projections, Wall Street analysts remain optimistic about the company’s future.

In its fiscal 2025 third quarter, Devon Energy exceeded expectations, averaging 390,000 barrels of oil per day. The company also acquired drilling locations in the Delaware Basin and reported net earnings of $687 million. Wall Street analysts have a consensus “Strong Buy” rating for Devon, with an average price target implying a 26.7% upside potential.

Read more at Yahoo Finance: Here’s What to Expect From Devon Energy’s Next Earnings Report