DVN Earnings Predictions — 2026-08-04

Ticker Report or Guide KPI Prediction Answer Confidence
DVN Report Core EPS BEAT pred ~$0.78 vs. cons $0.72 MEDIUM
DVN Report Total production BEAT pred ~1,285 MBoepd vs. cons 1,255 MBoepd MEDIUM
DVN Report Free cash flow IN-LINE pred ~$0.93B vs. cons $0.92B LOW
DVN Guide FY26 combined oil-production guidance BETTER guide ~635 MBbl/d vs. cons 628 MBbl/d (FY2026) MEDIUM
DVN Guide FY26 combined capital-expenditure guidance BETTER guide ~$5.20B vs. cons $5.35B (FY2026) MEDIUM
DVN Guide 2026 merger-synergy exit-rate commentary BETTER guide ~$0.35B annualized vs. cons $0.30B annualized (2026 exit-rate) MEDIUM
DVN Guide FY26 free-cash-flow outlook BETTER guide ~$3.70B vs. cons $3.55B (FY2026) LOW
DVN Return Day-1 residual (stock − beta × S&P 500) +4.5% MEDIUM
DVN Return 5-day cumulative residual +6.5% (FOLLOW-THROUGH) A ~3 MBbl/d oil-guide uplift versus consensus 628 MBbl/d and ~$0.15B lower capital versus consensus $5.35B would raise FY2026 free-cash-flow and 2027 synergy math, supporting upward revisions after the initial ~$0.78 versus $0.72 EPS beat. MEDIUM