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Form 8-K · Current Report · Filed 2026-03-24

Devon Energy Extends Credit Agreement Maturity Date

On March 24, 2026, Devon Energy Corporation amended its credit agreement to extend the maturity date from March 24, 2030, to March 24, 2031, renew the right to request three one-year maturity extensions, and remove a 10 basis point credit spread adjustment to the SOFR-based rates.

Filer
Devon Energy Corporation DVN · NYSE
Filed
Accession
0001193125-26-122224
CIK
0001090012
Signal
Medium impactEnergy

Items reported

Item events

Reported Item

Credit Facility Entered

Market reaction

Close before filing

$48.49

Next session

+4.0%

Since filing

-6.9%

Latest close

$45.13

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from DVN reporting the same item, with the next session's move:

Insider tape

Within 45 days of this filing, DVN insiders reported 29 Form 4 transactions — flat net activity.

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About Devon Energy Corporation

Devon Energy Corporation is a prominent player in the energy sector, specializing in the exploration, development, and production of oil and natural gas. With its corporate headquarters located in Oklahoma City, Oklahoma, Devon Energy operates principally across the United States. Its portfolio encompasses some of the most resource-rich areas, such as the Delaware Basin within the greater Permian Basin, Eagle Ford, Anadarko Basin, Powder River Basin, and the Williston Basin. The company's primary function is to harness and maximize value from its substantial onshore oil and gas reserves, making substantial contributions to the energy supply chain. Devon Energy is noted for its strategic focus on efficient and sustainable practices in hydrocarbon extraction and production. It plays a critical role in the U.S. energy landscape, providing resources essential for various sectors including transportation, manufacturing, and residential energy needs. Through innovative drilling and operating techniques, Devon Energy pursues operational excellence while remaining committed to reducing its environmental footprint and enhancing the safety of its operations.

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