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Pelican Bay Capital Management's investment thesis on Devon Energy Corp. ($DVN) — Q2 2026 | Buyside Digest

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$DVNNYSEDevon Energy Corp.

BULL

Pelican Bay Capital Management—DVN

Fund Letter

Q2 2026

Published August 13, 2026

View Fund Profile

$42.95USD

-10.6% vs last month

$45.85Pitched

-6.3% since pitch

Market CapN/A

P/E (TTM)N/A

52-Wk RangeN/A

Div. YieldN/A

Technical Chart

From the Fund Letter

Devon is our newest portfolio addition. The company possesses...

— Tyler Hardt, CFA

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What other investors think about $DVN, and what else Pelican Bay Capital Management is buying.

Other pitches on $DVN

Other investors who've written on Devon Energy Corp.

Sycamore Mid Cap Value EquityBULL

Pitched Mar 31, 2026

The company's shares rose following its all-stock merger announcement with Coterra Energy, which is already delivering significant optimization targets. Rising oil prices...

Alpha Wealth Funds - The Insiders FundBULL

Pitched Apr 5, 2024

Devon Energy possesses premier assets in the highly productive Delaware and Midland Basins, backed by a strong shareholder-aligned management team. While the market...

Pelican Bay Capital ManagementNEUTRAL

Pitched Aug 13, 2026

Devon is our newest portfolio addition.

View all $DVN pitches →