Risk factors

Devon Energy (DVN) risk factors

Item 1A of every Devon Energy Corp. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    24 risks3 new2 dropped3 reworded

    Merger with Coterra creates completion, termination and potential $865 million fee exposure, with an August 1, 2026 deadline.

    Filed Feb 18, 2026
  • FY2024 10-K risk factors
    23 risks

    Devon Energy faces heavy exposure to volatile commodity prices and complex oil and gas reserve estimations. Operations carry substantial drilling uncertainties, regulatory burdens, and climate change compliance costs. Debt levels total $8.9 billion, constraining financial flexibility.

    Filed Feb 19, 2025