Feed / DVN

Devon Energy Corporation

DVN

Energy · 49.10 -0.4% today

Partial group confirmationMarket checked 21 Aug, 15:55 GMT-4

Jodie situation report

Devon Energy Corporation's move is spreading beyond its market group.

DVN accounts for 9.4% of the group's measured movement across 7.9 effective names. raw member direction is mixed; 10 of 12 session-normalized paths align to the downside. Capital-flow agreement is 15%, so confirmation is not yet clean. No verified headline preceded the measured group move.

MOVE ANATOMY

Is this move genuinely shared?

Session-normalized 5m paths
Role in the moveAligned contributor#3 of 12 by movement share
Group movement share9.4%Absolute path energy—not portfolio weight
Relative path-1.03%aligned
Effective breadth7.9 / 12broad
Relative alignment10/12downside path · 2 counter-moving
Capital-flow agreement15%not yet clean
SEQUENCE READ

CHRD moved materially before DVN. DVN crossed its material path threshold at 10:05 ET. MTDR, MGY, BSM followed.

EVIDENCE COVERAGE

5 of 18 members in Independent Oil Producers are active. 0 of 8 disclosed connections are confirming.

What would change this read
  • At least 12 of 18 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • PR remains aligned with the group in the next market snapshot.

Invalidation: The live read weakens if participation falls to 6 of 18 members or fewer.

Watch this read

Who this business touches

The relationships behind DVN

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

WBIWaterBridge Infrastructure LLCpartnerFeb 18, 2026

Investments WaterBridge In 2023, Devon made an investment in the Water JV, a joint venture entity formed with an affiliate of WaterBridge NDB LLC, for the purpose of providing increased capacity and flexibility in disposing of produced water in the Delaware B…

WBIWaterBridge Infrastructure LLCinvesteeFeb 18, 2026

Devon accounts for its investment in WaterBridge under the equity method.

Depended on by

WBI19.0% of WBIcustomerMay 7, 2026

For the year ended December 31, 2025, Devon was one of our largest customers by volume and accounted for approximately $98 million of our water-related revenues, which represented approximately 19% of our total water-related revenues for the year.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 12 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

DVN is currently a Follower in the organic co-movement group Independent Oil Producers. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.