Morningstar
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Nov 06, 2026
Devon Energy Corporation: Devon Earnings: Results as Expected, but Shares Under Review as We Incorporate 2027 Guidance
Summary
Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two-thirds of its production comes from the Permian Basin, it also holds a meaningful presence in the Anadarko and Bakken basins. After the merger with Coterra, it will have a
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Analyst Profile
Joshua Aguilar
Equity Analyst
Joshua Aguilar is an equity analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers a variety of industrials stocks, including diversified conglomerates. Prior to becoming an analyst, Aguilar was an associate on Morningstar’s financial-services team and a member of the valuation committee.Before joining Morningstar, Aguilar was a small-business-transaction attorney and represented clients in entity formation, buying and selling businesses, contract drafting, and deal negotiation.Aguilar holds a juris doctor degree from Wake Forest, a Master of Business Administration in finance from Rollins College, and a bachelor’s degree in political science and criminology from the University of Florida, where he graduated magna cum laude.
