Exhibit 5.1

	609 Main Street
	Houston, TX 77002
	United States
	+1 713 836 3600 www.kirkland.com	Facsimile: +1 713 836 3601
	August 28, 2024

Devon Energy Corporation

333 W. Sheridan Avenue

Oklahoma City, Oklahoma 73102

Re: Devon Energy Corporation

5.200% Senior Notes due 2034

5.750% Senior Notes due 2054

Ladies and Gentlemen:

We have acted as special legal counsel to Devon Energy Corporation, a Delaware corporation (the “Company”), in connection with the issuance and sale of (i) $1,250,000,000 in aggregate principal amount of the Company’s 5.200% Senior Notes due 2034 (the “2034 Notes”) and (ii) $1,000,000,000 in aggregate principal amount of the Company’s 5.750% Senior Notes due 2054 (the “2054 Notes” and together with the 2034 Notes, the “Notes”), which were sold pursuant to the Underwriting Agreement, dated August 19, 2024 (the “Underwriting Agreement”), among the Company and Citigroup Global Markets Inc., BofA Securities, Inc., Truist Securities, Inc. and Wells Fargo Securities, LLC, as representatives of the several underwriters named in Schedule A thereto.

The Notes have been offered for sale pursuant to a prospectus supplement, dated August 19, 2024, filed with the Securities and Exchange Commission (the “Commission”) pursuant to Rule 424(b) on August 21, 2024, to the prospectus, dated March 3, 2023 (as amended and supplemented by the prospectus supplement, the “Prospectus”), that constitutes a part of the Company’s Registration Statement on Form S-3 (Registration No. 333-270269), filed with the Commission on March 3, 2023 (the “Registration Statement”), which Registration Statement became effective upon filing with the Commission pursuant to Rule 462(e) under the Securities Act of 1933, as amended (the “Securities Act”).

The Notes have been issued pursuant to an Indenture, dated as of August 28, 2024, as supplemented by (i) with respect to the 2034 Notes, Supplemental Indenture No. 1, dated as of August 28, 2024 (“Supplemental Indenture No. 1”) and (ii) with respect to the 2054 Notes, Supplemental Indenture No. 2, dated as of August 28, 2024 (“Supplemental Indenture No. 2” and together with Supplemental Indenture No. 1, the “Supplemental Indentures” and the Supplemental Indentures together with the Base Indenture, the “Indenture”), in each case between the Company (or its predecessor) and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”).

Austin  Bay  Area  Beijing  Boston  Brussels  Chicago  Dallas  Hong Kong  London  Los Angeles  Munich  New York  Paris  Riyadh  Salt Lake City  Shanghai  Washington, D.C.

August 28, 2024

Page 2

In rendering this opinion letter, we have reviewed originals or copies, certified or otherwise identified to our satisfaction, of the Company’s corporate records, the Registration Statement, the Prospectus, the Indenture and such other certificates, instruments and documents as we considered appropriate for purposes of the opinion hereafter expressed. In addition, we reviewed such questions of law as we considered appropriate.

As to any facts material to the opinion contained herein, we have made no independent investigation of such facts and have relied, to the extent that we deem such reliance proper, upon certificates of public officials and officers or other representatives of the Company.

In connection with rendering the opinion set forth below, we have assumed that (i) all information contained in all documents we reviewed is true, correct and complete, (ii) all signatures on all documents we reviewed are genuine, (iii) all documents submitted to us as originals are true and complete, (iv) all documents submitted to us as copies are true and complete copies of the originals thereof, (v) all persons executing and delivering the documents we examined were competent to execute and deliver such documents, (vi) all Notes will be issued and sold in compliance with applicable federal and state securities laws and in the manner stated in the Prospectus and the Registration Statement, (vii) the Underwriting Agreement has been duly authorized and validly executed and delivered by the parties thereto, (viii) the Indenture was duly authorized, executed, and delivered by the parties thereto, and (ix) the Trustee is qualified to act as trustee under the Indenture.

Based upon such examination and review and the assumptions, qualifications, limitations and exceptions set forth herein, we are of the opinion that the Notes, when authenticated by the Trustee in the manner provided in the Indenture and issued and delivered against payment of the purchase price therefor, will be binding obligations of the Company.

The foregoing opinion is qualified to the extent that the enforceability of any document, instrument or security may be limited by or subject to (i) bankruptcy, insolvency, fraudulent transfer or conveyance, reorganization, moratorium or other similar laws relating to or affecting creditors’ rights generally; (ii) an implied covenant of good faith and fair dealing; and (iii) general equitable or public policy principles. In addition, we express no opinion with respect to (x) the enforceability of provisions in the Indenture or any other agreement or instrument with respect to delay or omission of enforcement of rights or remedies, or waivers of defenses, or waivers of benefits of stay, extension, moratorium, redemption, statutes of limitation, or other nonwaivable benefits bestowed by operation of law; or (y) the enforceability of indemnification or contribution provisions to the extent they purport to relate to liabilities resulting from or based upon negligence or any violation of federal or state securities or blue sky laws.

August 28, 2024

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This opinion letter is limited in all respects to the internal laws of the State of New York, the General Corporation Law of the State of Delaware and the federal laws of the United States of America, and we do not express any opinion as to the laws of any other jurisdiction.

This opinion letter speaks as of the time of its delivery on the date it bears. We do not assume any obligation to provide you with any subsequent opinion or advice by reason of any fact about which we did not have knowledge at that time, by reason of any change subsequent to that time in any law covered by our opinion or for any other reason.

We consent to the filing of this opinion letter as an exhibit to the Company’s Current Report on Form 8-K to be filed on the date hereof. In giving this consent, we do not admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Commission.

Sincerely,

/s/ Kirkland & Ellis LLP

Kirkland & Ellis LLP