Devon Energy Corp (XSWX:DVN)
CHF 32.45 (0%) Market Cap: 37.77 Bil Enterprise Value: 43.26 Bil PE Ratio: 11.27 PB Ratio: 1.63 GF Score: 72/100

Devon Energy Corp at Goldman Sachs Energy, CleanTech & Utilities Conference Transcript

Jan 06, 2026 / 08:00PM GMT
Neil Mehta
Goldman Sachs Group Inc - Analyst

All right, wonderful. Thanks, everyone, for being here. We've got an all-star panel here to talk about the diversified Shale E&P business model, Coterra, Devon, Ovintiv, and Northern Oil and Gas. Thank you all for being here in sunny Florida and so much to talk about across the ecosystem.

So I want to spend some time on the macro, then each of you guys have had some important capital projects. I want to unpack that and then get to whatever's on your mind as well.

And so one of the debates that we've heard around the conference is the idea of being pure play versus being diversified. And there were some at our special forum last night or even this morning who argued there's a lot of advantage to being concentrated in one basin. Each of you have added a slightly different business model where you have argued that there's advantage to having a portfolio.

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Neil Mehta
Goldman Sachs Group Inc - Analyst

So maybe we start with you, Shane, and talk about the benefits of

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