EX-25.2

Exhibit 25.2

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM T-1

STATEMENT OF ELIGIBILITY

UNDER THE TRUST INDENTURE ACT OF 1939

OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE

UMB BANK, NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

44-0194180

(I.R.S. Employer Identification No.)

1010 Grand Blvd.,

Kansas City, Missouri

64106

(Address of principal executive offices)

(Zip Code)

DEVON ENERGY CORPORATION

(Exact name of obligor as specified in its charter)


Delaware		73-1567067
(State or other jurisdiction of incorporation or organization)		(I.R.S. employer identification No.)

333 W. Sheridan Ave Oklahoma City, Oklahoma		73102-5015
(Address of principal executive offices)		(Zip Code)

Subordinated Debt Securities

(Title of the indenture securities)

Corporate Bonds


Item 1.		General Information

(a)		Name and address of each examining or supervising authority to which the Trustee is subject is as follows:

		The Comptroller of the Currency
		Mid-Western District
		2345 Grand Avenue, Suite 700
		Kansas City, Missouri 64108

		Federal Reserve Bank of Kansas City
		Federal Reserve P.O. Station
		Kansas City, Missouri 64198

		Supervising Examiner
		Federal Deposit Insurance Corporation
		720 Olive Street, Suite 2909
		St. Louis, Missouri 63101

(b)		The Trustee is authorized to exercise corporate trust powers.

Item 2.		Affiliations with obligor. The Obligor is not affiliated with the Trustee.

Item 3.		Voting securities of the Trustee.

		NOT APPLICABLE.

Item 4.		Trusteeships under other indentures.

		NOT APPLICABLE

Item 5.		Interlocking directorates and similar relationships with the obligor or underwriters.

		NOT APPLICABLE

Item 6.		Voting securities of the trustee owned by the obligor or its officials.

		NOT APPLICABLE

Item 7.		Voting securities of the trustee owned by underwriters or their officials.

		NOT APPLICABLE


Item 8.		Securities of the obligor owned or held by the trustee.

		NOT APPLICABLE

Item 9.		Securities of the underwriters owned or held by the trustee.

		NOT APPLICABLE

Item 10.		Ownership or holdings by the trustee of voting securities of certain affiliates or security holders of the obligor.

		NOT APPLICABLE

Item 11.		Ownership or holdings by the trustee of any securities of a person owning 50 percent or more of the voting securities of the obligor.

		NOT APPLICABLE

Item 12.		Indebtedness of the Obligor to the Trustee.

		NOT APPLICABLE

Item 13.		Defaults of the Obligor.

		NOT APPLICABLE

Item 14.		Affiliations with the Underwriters.

		NOT APPLICABLE

Item 15.		Foreign Trustee.

		NOT APPLICABLE

Item 16.		List of Exhibits

		Listed below are all exhibits as a part of this Statement of eligibility and qualification.

1.		Articles of Association of the Trustee, as now in effect (Exhibit 1 to Form T-l filed with Registration Statement No. 333-74008).

2.		Certificate of Authority from the Comptroller of the Currency evidencing a change of the corporate title of the Association. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-74008).


3.		Certificate from the Comptroller of the Currency evidencing authority to exercise corporate trust powers and a letter evidencing a change of the corporate title of the Association. (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-74008).

4.		Bylaws, as amended of the Trustee (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-74008).

5.		N/A

6.		Consent of the Trustee required by Section 321(b) of the Act (Exhibit 6 to Registration Statement No. 333-74008).

7.		Report of Condition of the Trustee as of December 31, 2025

SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, the Trustee, UMB Bank, National Association, a national bank organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the city of Kansas City, and State of Missouri, on the 3^rd day of April, 2026.


UMB BANK, NATIONAL ASSOCIATION

BY:		/s/ Steven Finklea
		Steven Finklea, Senior Vice President

Date: April 3, 2026

T-1 EXHIBIT 7

Umb Bank, National Association - FDIC Certificate Number: 8273

Consolidated Report of Condition for Insured Banks and Savings Associations for December 31, 2025

FFIEC 031

Page 16 of 85

RC-1

All schedules are to be reported in thousands of dollars. Unless otherwise indicated, report the amount outstanding as of the last business day of the quarter.

Schedule RC - Balance Sheet


	Dollar Amounts in Thousands				RCFD		Amount
Assets
1. Cash and balances due from depository institutions (from Schedule RC-A):
a. Noninterest-bearing balances and currency and coin (1)						0081		958,527	1.a.
b. Interest-bearing balances (2)						0071		6,910,535	1.b.
2. Securities:
a. Held-to-maturity securities (from Schedule RC-B, column A) (3)						JJ34		5,722,543	2.a.
b. Available-for-sale debt securities (from Schedule RC-B, column D)						1773		13,709,124	2.b.
c. Equity securities with readily determinable fair values not held for trading (4)						JA22		11,839	2.c.
3. Federal funds sold and securities purchased under agreements to resell:
a. Federal funds sold				RCON		B987		0	3.a.
b. Securities purchased under agreements to resell (5,6)				RCFD		B989		1,548,093	3.b.
4. Loans and lease financing receivables (from Schedule RC-C):						RCFD
a. Loans and leases held for sale						5369		2,030	4.a.
b. Loans and leases held for investment			B528	38,779,408					4.b.
c. LESS: Allowance for credit losses on loans and leases			3123	419,478					4.c.
d. Loans and leases held for investment, net of allowance (item 4.b minus 4.c)						B529		38,359,930	4.d.
5. Trading assets (from Schedule RC-D)						3545		19,493	5.
6. Premises and fixed assets (including right-of-use assets)						2145		382,421	6.
7. Other real estate owned (from Schedule RC-M)						2150		4,800	7.
8. Investments in unconsolidated subsidiaries and associated companies						2130		0	8.
9. Direct and indirect investments in real estate ventures						3656		0	9.
10. Intangible assets (from Schedule RC-M)						2143		2,286,705	10.
11. Other assets (from Schedule RC-F) (6)						2160		2,863,976	11.
12. Total assets (sum of items 1 through 11)						2170		72,780,016	12.
Liabilities
13. Deposits:						RCON
a. In domestic offices (sum of totals of columns A and C from Schedule RC-E, Part I)						2200		61,057,431	13.a.
(1) Noninterest-bearing (7)		RCON	6631	17,540,146					13.a.1.
(2) Interest-bearing		RCON	6636	43,517,285					13.a.2.
b. In foreign offices, Edge and Agreement subsidiaries, and IBFs (from Schedule RC-E, Part II)						RCFN 2200		0	13.b.
(1) Noninterest-bearing		RCFN	6631	0					13.b.1.
(2) Interest-bearing		RCFN	6636	0					13.b.2.
14. Federal funds purchased and securities sold under agreements to repurchase:
a. Federal funds purchased in domestic offices (8)				RCON		B993		32,133	14.a.
b. Securities sold under agreements to repurchase (9)				RCFD		B995		3,292,805	14.b.
15. Trading liabilities (from Schedule RC-D)				RCFD		3548		0	15.
16. Other borrowed money (includes mortgage indebtedness) (from Schedule RC-M)				RCFD		3190		0	16.

1	Includes cash items in process of collection and unposted debits.

2	Includes time certificates of deposit not held for trading.

3	Institutions should report in item 2.a amounts net of any applicable allowance for credit losses, and item 2.a should equal Schedule RC-B, item 8, column A, less Schedule RI-B, Part II, item 7, column B.

4	Item 2.c is to be completed by all institutions. See the instructions for this item and the Glossary entry for “Securities Activities” for further detail on accounting for investments in equity securities.

5	Includes all securities resale agreements, regardless of maturity.

6	Institutions should report in items 3.b and 11 amounts net of any applicable allowance for credit losses.

7	Includes noninterest-bearing, demand, time, and savings deposits.

8	Report overnight Federal Home Loan Bank advances in Schedule RC, item 16, “Other borrowed money.”

9	Includes all securities repurchase agreements, regardless of maturity.


Reporting Period: December 31, 2025		January 27, 2026 10:55 AM

Umb Bank, National Association - FDIC Certificate Number: 8273

Schedule RC - Continued

FFIEC 031

Page 17 of 85

RC-2


	Dollar Amounts in Thousands	RCFD		Amount
Liabilities - continued
17. and 18. Not applicable
19. Subordinated notes and debentures (1)			3200		0		19.
20. Other liabilities (from Schedule RC-G)			2930		870,061		20.
21. Total liabilities (sum of items 13 through 20)			2948		65,252,430		21.
22. Not applicable
Equity Capital
Bank Equity Capital
23. Perpetual preferred stock and related surplus			3838		0		23.
24. Common stock			3230		21,250		24.
25. Surplus (excludes all surplus related to preferred stock)			3839		4,222,577		25.
26. a. Retained earnings			3632		3,549,850		26.a.
b. Accumulated other comprehensive income (2)			B530		(266,091	)	26.b.
c. Other equity capital components (3)			A130		0		26.c.
27. a. Total bank equity capital (sum of items 23 through 26.c)			3210		7,527,586		27.a.
b. Noncontrolling (minority) interests in consolidated subsidiaries			3000		0		27.b.
28. Total equity capital (sum of items 27.a and 27.b)			G105		7,527,586		28.
29. Total liabilities and equity capital (sum of items 21 and 28)			3300		72,780,016		29.

Memoranda

To be reported with the March Report of Condition.


1. Indicate in the box at the right the number of the statement below that best describes the most comprehensive level of auditing work performed for the bank by independent external auditors as of any date during 2024		RCFD 6724			Number				NR M.1.

1a =

An integrated audit of the reporting institution’s financial statements and its internal control over financial reporting conducted in accordance with the standards of the American Institute of Certified Public Accountants (AICPA) or the Public Company Accounting Oversight Board (PCAOB) by an independent publicaccountant that submits a report on the institution

1b =	An audit of the reporting institution’s financial statements only conducted in accordance with the auditing standards of the AICPA or the PCAOB by an independent public accountant that submits a report on the institution

2a =

An integrated audit of the reporting institution’s parent holding company’s consolidated financial statements and its internal control over financial reporting conducted in accordance with the standards of the AICPA or the PCAOB by an independent public accountant that submits a report on the consolidated holding company (but not on the institution separately)

2b =

An audit of the reporting institution’s parent holding company’s consolidated financial statements only conducted in accordance with the auditing standards of the AICPA or the PCAOB by an independent public accountant that submits a report on the consolidated holding company (but not on the institution separately)

3 =	This number is not to be used

4 =	Directors’ examination of the bank conducted in accordance with generally accepted auditing standards by a certified public accounting firm (may be required by state-chartering authority)

5 =	Directors’ examination of the bank performed by other external auditors (may be required by state-chartering authority)

6 =	Review of the bank’s financial statements by external auditors

7 =	Compilation of the bank’s financial statements by external auditors

8 =	Other audit procedures (excluding tax preparation work)

9 =	No external audit work


To be reported with the March Report of Condition.	RCON	Date
2. Bank’s fiscal year-end date (report the date in MMDD format)	8678		NR M.2.

1	Includes limited-life preferred stock and related surplus.

2	Includes, but is not limited to, net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, cumulative foreign currency translation adjustments, and accumulated defined benefit pension and other postretirement plan adjustments.

3	Includes treasury stock and unearned Employee Stock Ownership Plan shares.


Reporting Period: December 31, 2025		January 27, 2026 10:55 AM