🟢 Devon Energy is trading 4% up today after Solitude Pipeline final investment decision

Devon Energy is trading 4% up at $47.69 after announcing the Solitude Pipeline System’s final investment decision on August 17, 2026.

• The WhiteWater-led venture will connect Permian Basin gas to Katy, Texas, with approximately 2.25 Bcf/d initial capacity expected in late 2029.
• A second phase is planned for 2030; Reuters reported long-term transportation agreements with investment-grade shippers back the project.
• The infrastructure announcement was the clearest catalyst as major U.S. indexes were modestly lower.