Business

Activist Toms Capital urges Devon Energy in letter to explore alternatives, including a sale

CNBC · September 23, 2026 at 9:47 AM

Toms, which manages just over $4 billion in assets, says in the letter it is now one of Devon's top five shareholders.

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cnbc.com — the content belongs to CNBC.

Activist Toms Capital urges Devon Energy in letter to explore alternatives, including a sale

More from CNBC

Isaias kills four and leaves about 670,000 without power after landfall

Microsoft's Nadella says AI needs an ‘emergency brake’ that humans control

Trump weighs joining the fight against Houthis after Saudi capital's airport is struck again

Trump says Ukraine should get a new president as he blames Zelenskyy for U.S. diesel prices

More in Business

Isaias kills four and leaves about 670,000 without power after landfall

Satya Nadella says a company's relationship with AI should have trust issues

Microsoft's Nadella says AI needs an ‘emergency brake’ that humans control

Anthropic Believes So Heartily In AI Consciousness That They Are Banning Humans From Being Cruel Toward AI Claude

What To Watch This Weekend: New Shows And Movies To Stream On Netflix, Hulu, Prime Video, Apple TV And More

The National Park Service will remove more than 500 trees ‘that do not contribute to the historic landscape’ from a golf course Trump is redesigning