v3.26.1
Stockholders' Equity (Summary of Purchases of Common Stock) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Dec. 31, 2025
Stockholders Equity [Line Items]            
Total Number of Shares Purchased [1]   1,850        
Dollar Value of Shares Purchased [1]   $ 69        
Average Price Paid per Share [1]   $ 37.39        
8.0 Billion Dollar Share Repurchase Program Closed [Member]            
Stockholders Equity [Line Items]            
Total Number of Shares Purchased 4,434   7,866 8,505 6,284 16,371
Dollar Value of Shares Purchased $ 202   $ 249 $ 301 $ 271 $ 550
Average Price Paid per Share $ 45.48   $ 31.78 $ 35.33 $ 43.1 $ 33.62
[1] In connection with the Merger, Devon’s previous $5.0 billion share repurchase plan was terminated on May 7, 2026. Under this program, Devon repurchased 1.9 million shares of common stock for $69 million, or $37.39 per share, during the first quarter of 2026 and 102 million common shares for $4.5 billion, or $43.90 per share, since the program’s inception in November 2021.