Devon Energy Corporation (DVN)
| Market Cap | 23.50B |
| Revenue (ttm) | 16.55B |
| Net Income (ttm) | 2.72B |
| Shares Out | 627.30M |
| EPS (ttm) | 4.24 |
| PE Ratio | 8.83 |
| Forward PE | 9.75 |
| Dividend | $0.96 (2.56%) |
| Ex-Dividend Date | Dec 15, 2025 |
| Volume | 7,653,140 |
| Open | 37.58 |
| Previous Close | 37.71 |
| Day's Range | 37.44 - 38.27 |
| 52-Week Range | 25.89 - 38.88 |
| Beta | 0.67 |
| Analysts | Buy |
| Price Target | 42.84 (+14.33%) |
| Earnings Date | Nov 5, 2025 |
About DVN
Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates in Delaware Basin located in southeast New Mexico and west Texas, Eagle Ford located in North America, Anadarko Basin located in western Oklahoma, Williston Basin located in North Dakota, and Powder River Basin located in Wyoming. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma. [Read more]
Financial Performance
In 2024, Devon Energy's revenue was $15.17 billion, an increase of 5.16% compared to the previous year's $14.43 billion. Earnings were $2.89 billion, a decrease of -22.84%.
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for DVN stock is "Buy." The 12-month stock price target is $42.84, which is an increase of 14.33% from the latest price.
News
Devon Energy: Still The Best Opportunity In U.S. Oil That I'm Buying
Devon Energy remains a Strong Buy, driven by efficient operations, robust free cash flow, debt reductions, and proactive management amid volatile markets. DVN delivered solid Q3 results, exceeding gui...
My Biggest Energy Call In Years - And Almost Everyone Is Missing It
Texas Pacific Land Corporation, LandBridge Company LLC, and WaterBridge Infrastructure LLC are poised to benefit from the next phase of U.S. shale, dubbed "shale 4.0." Innovative extraction technologi...
Devon Energy: Undervalued Energy Stock That's Poised For Upside
Devon Energy (DVN) is undervalued at 8x earnings, with strong shale assets and robust Q3 results highlighting efficient management and profitability. DVN stands out versus peers like Chevron and Exxon...
Devon Energy: Low Energy Price Opportunity
Devon Energy Corporation remains an ultra-bullish pick, delivering strong cash flows and capital returns despite slumping oil prices and multi-year stock lows. DVN beat Q3 '25 EPS estimates, improved ...
Devon Energy Corporation (DVN) Q3 2025 Earnings Call Transcript
Devon Energy Corporation ( DVN) Q3 2025 Earnings Call November 6, 2025 11:00 AM EST Company Participants Christopher Carr Clay Gaspar - President, CEO & Director Jeffrey Ritenour - Executive VP & CFO...
Devon Energy beats third-quarter profit estimates
Devon Energy surpassed Wall Street expectations for third-quarter profit on Wednesday, as the U.S. shale producer benefited from higher output.
Devon Energy Reports Third-Quarter 2025 Results and Declares Quarterly Dividend
OKLAHOMA CITY, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the third-quarter 2025. The company also declared its quarterly div...
Devon Energy: Profit From Cost Control And FCF Growth
Devon Energy Corporation is rated a "Buy," supported by a competitive cost structure and new long-term natural gas contracts. DVN benefits from a low break-even oil production cost, outperforming sect...
Devon Energy Appoints Brent J. Smolik to Board of Directors
OKLAHOMA CITY, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) announced today that Brent J. Smolik has joined its Board of Directors effective Oct. 1. Mr. Smolik is the former presid...
Why I Believe Energy Is The Ultimate Long-Term Bet - And Why It's Only Getting Better
Energy stocks offer compelling value due to low sector valuations, supply constraints, and long-term demand growth, making the sector highly attractive for investors. OPEC+ spare capacity is dwindling...
Buying A Dollar For 50 Cents: 2 Stocks I Believe Every Long-Term Investor Should Consider
The market is priced high, making earnings growth crucial for sustaining rallies, yet opportunities remain for smart investors. Analyst ratings show energy and tech favored, but beaten-down sectors hi...
Devon Energy: Lower For Longer, Low Costs Will Deliver Gains
Devon Energy Corporation is a Strong Buy, driven by business optimization and a $1 billion free cash flow target by end of 2026. DVN's cost-cutting, efficiency gains, and lower tax rates are expected ...
Devon Energy Schedules Third-Quarter 2025 Earnings Release and Conference Call
OKLAHOMA CITY, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report third-quarter 2025 results on Wednesday, Nov. 5, after the close of U.S. financial marke...
Devon Energy: Thriving In A $62 Per Barrel World
Devon Energy (DVN) is a leading US shale oil producer, thriving with a breakeven WTI price near $45, well below industry averages. DVN's operational efficiency and scale enable strong free cash flow, ...
Devon Energy: Integrating Grayson Mill Acquisition But Still Affected By Low Natural Gas Prices
Devon Energy is a $22.1 billion market cap oil E&P company. Its fixed dividend yields 2.8%. It now repurchases shares rather than paying a variable dividend. Although Devon is integrating its North Da...
Devon Energy Corporation (DVN) Presents At Barclays 39th Annual CEO Energy-Power Conference 2025 Transcript
Devon Energy Corporation (NYSE:DVN) Barclays 39th Annual CEO Energy-Power Conference 2025 September 3, 2025 9:45 AM EDT Company Participants Clay Gaspar - President, CEO & Director Conference Call Pa...
Undercovered Dozen: MSTY, Devon Energy, D-Wave Quantum, OMAH, And More
The Undercovered Dozen spotlights 12 lesser-known stocks and ETFs, offering fresh investment ideas and sparking community discussion. AMLP, YMAX, NIO, Devon Energy, STRK, and Canadian Natural Resource...
3 Oil Stocks That Could Surge Soon
High-quality oil stocks like Schlumberger, Halliburton, and Devon Energy have seen significant declines but likely bottomed in early April. Oil prices are unlikely to stay depressed, with potential fo...
Devon Energy: The Best Opportunity In US Oil Today That I'm Buying
Devon Energy is a highly efficient, low-cost US oil and gas producer with strong growth, capital discipline, and proactive management amid volatile markets. Significant recent investments and acquisit...
Devon Energy: Mispriced Upstream Play For Deep Value Investors
Devon Energy has been able to prove its excellent upstream thesis, with the improved capital efficiency and the higher production outputs well balancing the lower spot prices. Thanks to the OPEC+ acce...
Devon Energy: Maintaining Free Cash Flow Despite The Decline In Oil
Devon Energy has maintained a strong free cash flow yield despite lower oil prices, thanks to improved operating efficiency and disciplined capital spending. The company is positioned to grow free cas...
Devon Energy: Growth Ahead
Devon Energy continues to beat guidance, demonstrating strong capital efficiency and robust free cash flow generation, making it an attractive investment. The company is committed to shareholder retur...
Devon Energy to Participate in a Fireside Chat at the Barclays 39th Annual CEO Energy & Power Conference
OKLAHOMA CITY, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced Clay Gaspar, President and CEO will participate in a fireside chat at the Barclays 39th Annual CEO Energ...