Geopolitics Alpha

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

Published . Updated .

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

Directly affected

  • DVN Devon Energy

    Named in this report.

Indirectly affected

  • XOM Exxon Mobil

    Oil producers earn more when crude prices rise

  • CVX Chevron

    Oil producers earn more when crude prices rise

  • OXY Occidental Petroleum

    Oil producers earn more when crude prices rise

  • COP ConocoPhillips

    Oil producers earn more when crude prices rise

  • VLO Valero

    Refiners' profits move with crude and fuel prices

  • MPC Marathon Petroleum

    Refiners' profits move with crude and fuel prices

  • XOP SPDR S&P Oil & Gas Exploration

    A fund of oil and gas producers

  • XLE Energy Select Sector SPDR

    A fund of energy companies

  • USO United States Oil Fund

    This fund moves with oil prices

  • OIH VanEck Oil Services

    Oilfield services rise when drilling follows oil prices

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
DVN———————
XOM———————
CVX———————
OXY———————
COP———————
VLO———————
MPC———————
XOP———————
XLE———————
USO———————
OIH———————

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

Source: CNBC Top

The price since 23 Sep 2026: Amplify Alternative Harvest Etf (MJ) versus the S&P 500

Since the first closing price after “Activist Toms Capital urges Devon Energy in letter to explore alternatives, including a sale,” Amplify Alternative Harvest Etf (MJ) is -18.84%. The S&P 500 fund (SPY) is -0.09% over the same days, a -18.75% difference versus the market.

MJ
SPY

Who reported a Amplify Alternative Harvest Etf (MJ) trade near this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Amplify Alternative Harvest Etf (MJ)

Companies tied to this story

  • MJ Amplify Alternative Harvest Etf

    In “Activist Toms Capital urges Devon Energy in letter to explore alternatives, including a sale,” Amplify Alternative Harvest Etf (MJ) is linked, with no stored direction, medium confidence. Reason on file: GA selected MJ as a RELATED security because its canonical security name directly matches this event's themes: alternatives. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • DVN Devon Energy

    Devon Energy (DVN) is linked, with no stored direction, medium confidence in the 23 Sep 2026 story “Activist Toms Capital urges Devon Energy in letter to explore alternatives, including a sale.” Reason on file: GA selected DVN as a RELATED security because its canonical security name directly matches this event's themes: energy, devon. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BDGS Bridges Capital Tactical Etf

    Bridges Capital Tactical Etf (BDGS) is linked, with no stored direction, medium confidence in the 23 Sep 2026 story “Activist Toms Capital urges Devon Energy in letter to explore alternatives, including a sale.” Reason on file: GA selected BDGS as a RELATED security because its canonical security name directly matches this event's themes: capital. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BNDS Series Portfolios Trust Infrastructure Capital Bond Income Etf

    For “Activist Toms Capital urges Devon Energy in letter to explore alternatives, including a sale,” Series Portfolios Trust Infrastructure Capital Bond Income Etf (BNDS) is linked, with no stored direction, medium confidence. Reason on file: GA selected BNDS as a RELATED security because its canonical security name directly matches this event's themes: capital. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BREW Corgi Etf Tr I Coffee & Energy

    Corgi Etf Tr I Coffee & Energy (BREW) is linked, with no stored direction, medium confidence in the 23 Sep 2026 story “Activist Toms Capital urges Devon Energy in letter to explore alternatives, including a sale.” Reason on file: GA selected BREW as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • CCEC Capital Clean Energy Carriers

    For “Activist Toms Capital urges Devon Energy in letter to explore alternatives, including a sale,” Capital Clean Energy Carriers (CCEC) is linked, with no stored direction, medium confidence. Reason on file: GA selected CCEC as a RELATED security because its canonical security name directly matches this event's themes: capital, energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Amplify Alternative Harvest Etf (MJ)

The 23 Sep 2026 story “Activist Toms Capital urges Devon Energy in letter to explore alternatives, including a sale” names Amplify Alternative Harvest Etf (MJ) because of this story.

For Amplify Alternative Harvest Etf (MJ), the reason on file says GA selected MJ as a RELATED security because its canonical security name directly matches this event's themes: alternatives. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Devon Energy (DVN) is here too. Its reason reads: GA selected DVN as a RELATED security because its canonical security name directly matches this event's themes: energy, devon. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Price levels for Amplify Alternative Harvest Etf (MJ)

BDGS traded between 36.95 and 38.35 across 16 sessions. The latest close on file is 37.55. DVN traded between 45.58 and 50.98 across 20 sessions. The latest close on file is 50.92. MJ traded between 21.88 and 27.88 across 20 sessions. The latest close on file is 21.88.

What the saved facts support for Amplify Alternative Harvest Etf (MJ)

46 out of 100

“Activist Toms Capital urges Devon Energy in letter to explore alternatives, including a sale” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.