DVN DEVON ENERGY CORP/DE

NEUTRAL Impact: 2/10 Insider Cluster (2 insiders)
Horizon days Filed May 15, 2026 Processed 28d 14h ago
Insider cluster: 2 insiders, $4.4M total
Latest settled — T+5d ⚠ clustered
DVN ▼ -9.12% at T+5d
NEUTRAL call ✗ call lost -9.12% · α vs SPY -10.74% · entry $49.67 → $45.14
Next anchor: T+20d in 2d
Currently $45.31 · -8.77% from $49.67 entry
Entry anchored
May 15, 2026
via day open
T+1d
+0.04%
call +0.04% · α +0.69%
$49.69
settled 26d ago
T+5d
-9.12%
call -9.12% · α -10.74%
$45.14
settled 22d ago
T+20d
call — · α —
in 2d
T+60d
call — · α —
in 8w

Price Chart

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Executive Summary

Two Devon Energy executives (EVP and SVP) sold shares totaling $4.42M in open-market transactions within a week of the company's Q1 earnings miss and pending Coterra merger close. The sales are trivial relative to the $29.4B market cap (0.015%) and are not a strong bearish signal.

Key Financial Metrics

Direction
selling
Total Value
$4.4M
Insiders
2

Actionable Insight

The insider selling volume is routine and lacks materiality. Focus on Coterra merger integration for the next catalyst; monitor for any insider buying post-close.

Key Facts

  • EVP Jeffrey Ritenour sold 70,029 shares at $46.66 ($3.27M) on May 11.
  • SVP Adam Vela sold 24,342 shares at $47.21 ($1.15M) on May 14.
  • Total cluster value of $4.42M is only 0.015% of Devon's $29.4B market cap.
  • Q1 2026 core earnings missed consensus ($1.04 vs $1.10); revenue fell 14.5% YoY.
  • Coterra merger received shareholder approval and is expected to close by May 7.

Financial Impact

Insider sales total $4.42M, negligible relative to $29.4B market cap.

insider holdings

Risk Factors

  • Commodity price weakness continues to pressure revenue.
  • Coterra merger integration risks.

Market Snapshot

Exchange
NYSE
Sector
Crude Petroleum & Natural Gas
Analyst Consensus
81% bullish (32 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-DVN-1778878846455
20 reports for DVN
Performance horizon
57% Hit rate 4 of 7 directional calls best @ T+5▲ +3.60%May 7, 2026
Filters
Rows
Reports for DVN — sortable, filterable
Type Now
Jun 9, 2026
3d ago
Press Release
MIXED ★ 6/10
$44.06 awaiting T+5awaiting T+5$45.31 (+2.84%)
Jun 5, 2026
7d ago
8-K
NEUTRAL ★ 2/10
$45.86 awaiting T+5awaiting T+5$45.31 (−1.20%)
May 22, 2026
21d ago
8-K
NEUTRAL ★ 6/10
$47.29 $46.31▼ −2.07%▼ −3.73%$45.31 (−4.18%)
May 21, 2026
22d ago
8-K
BULLISH ★ 6/10
$47.09 $44.50▼ −5.50%▼ −7.35%$45.31 (−3.77%)
May 21, 2026
23d ago
Press Release
BULLISH ★ 6/10
$47.09 $44.50▼ −5.50%▼ −7.35%$45.31 (−3.77%)
May 15, 2026
28d ago
Insider Cluster
NEUTRAL ★ 2/10
$49.67 $45.14▼ −9.12%▼ −10.74%$45.31 (−8.77%)
May 15, 2026
28d ago
Insider Cluster
NEUTRAL ★ 2/10
$49.67 $45.14▼ −9.12%▼ −10.74%$45.31 (−8.77%)
May 7, 2026
5w ago
8-K
BULLISH ★ 7/10
$45.60 $47.24▲ +3.60%▲ +2.14%$45.31 (−0.63%)
May 5, 2026
5w ago
8-K
BEARISH ★ 6/10
$46.54 $46.77▼ −0.50%▲ +0.63%$45.31 (+2.63%)
May 5, 2026
5w ago
425
BULLISH ★ 6/10
$50.89 $46.77▼ −8.10%▼ −10.08%$45.31 (−10.96%)
Showing 10 of 20

US Market Status

Market Closed — Opens Mon (49h 43m)

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