Devon Energy Corporation (DVN)

NYSE: DVN · Real-Time Price · USD
43.53
+0.87 (2.04%)
At close: Feb 27, 2026, 4:00 PM EST
43.68
+0.15 (0.34%)
After-hours: Feb 27, 2026, 7:55 PM EST
2.04%
Market Cap 26.99B
Revenue (ttm) 16.04B
Net Income (ttm) 2.64B
Shares Out 619.92M
EPS (ttm) 4.17
PE Ratio 10.44
Forward PE 12.78
Dividend $0.96 (2.21%)
Ex-Dividend Date Mar 13, 2026
Volume 9,537,166
Open 43.31
Previous Close 42.66
Day's Range 42.70 - 43.79
52-Week Range 25.89 - 46.15
Beta 0.63
Analysts Buy
Price Target 44.89 (+3.12%)
Earnings Date Feb 17, 2026

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. The company 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]

Sector Energy
Founded 1971
Employees 2,200
Stock Exchange NYSE
Ticker Symbol DVN
Full Company Profile

Financial Performance

In 2025, Devon Energy's revenue was $16.04 billion, an increase of 5.71% compared to the previous year's $15.17 billion. Earnings were $2.64 billion, a decrease of -8.61%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for DVN stock is "Buy." The 12-month stock price target is $44.89, which is an increase of 3.12% from the latest price.

Price Target
$44.89
(3.12% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Devon Energy Corporation (DVN) Q4 2025 Earnings Call Transcript

Devon Energy Corporation (DVN) Q4 2025 Earnings Call Transcript

11 days ago - Seeking Alpha

Devon Energy Profit, Revenue Slip Ahead of Coterra Merger

The oil and natural gas company reported net income of $562 million, or 90 cents a share, compared with $639 million, or 98 cents a share, a year earlier.

11 days ago - WSJ

Devon Energy Stock Slips Despite Q4 Earnings Beat

Here's a look at the details in the report.

12 days ago - Benzinga

Devon Energy Reports Fourth-Quarter and Full-Year 2025 Results and Declares Quarterly Fixed Dividend

OKLAHOMA CITY, Okla., Feb. 17, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the fourth-quarter and full-year 2025. The company also decl...

12 days ago - GlobeNewsWire

Top Wall Street analysts recommend these dividend stocks for consistent income

Three dividend-paying stocks that are highlighted by Wall Street's top pros, as tracked by TipRanks, which ranks analysts based on their past performance.

Other symbols: ARCCCOP
14 days ago - CNBC

KIMMERIDGE COMMENTS ON PROPOSED MERGER OF COTERRA AND DEVON

NEW YORK, Feb. 2, 2026 /PRNewswire/ -- Kimmeridge Energy Management Company, LLC, a private investment firm focused on the energy sector, today issued the following statement in response to an announc...

Other symbols: CTRA
26 days ago - PRNewsWire

Devon, Coterra Merge To Create Another Shale Giant

Cutting costs and boosting economies of scale have driven merger deals in the U.S. shale business for more than a decade now. Those themes are in play again with Monday's announced merger between a pa...

Other symbols: CTRA
27 days ago - Forbes

Devon Energy and Coterra merge in $58B deal to create US shale powerhouse

Devon Energy and Coterra Energy have agreed to merge in a roughly $58 billion all-stock transaction, including debt, in one of the biggest US shale deals in recent years. Under the terms of the agreem...

Other symbols: CTRA
27 days ago - Invezz

Devon Energy and Coterra $58 Billion Merger Creates ‘Premiere Shale Operator'

The transaction is expected to close in the second half of 2026, the companies say.

Other symbols: CTRA
27 days ago - Barrons

Devon, Coterra to Merge in $58 Billion Deal

Devon Energy and Coterra Energy agreed to merge in a roughly $58 billion all-stock deal, including debt.

Other symbols: CTRA
27 days ago - WSJ

US shale producers Devon and Coterra to merge in a $58 billion deal

U.S. shale producers Devon Energy and Coterra Energy are set to merge in an $58 billion all-stock deal to create one of the largest independent shale producers in the country, the companies said on Mo...

Other symbols: CTRA
27 days ago - Reuters

Devon Energy and Coterra Energy to Combine, Creating a Premier Shale Operator

OKLAHOMA CITY and HOUSTON, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Devon Energy (“Devon”) (NYSE: DVN) and Coterra Energy (“Coterra”) (NYSE: CTRA) today announced the signing of a definitive agreement to mer...

Other symbols: CTRA
27 days ago - GlobeNewsWire

Coterra Energy and Devon Energy in advanced talks to merge, source says

Coterra Energy and Devon Energy could announce an agreement to merge as soon as next week, in what would be the largest oil and gas deal in the U.S. shale industry in almost two years, a source famili...

Other symbols: CTRA
4 weeks ago - Reuters

Devon Energy Has Continued Room To Grow

Devon Energy demonstrates robust capital efficiency, achieving double-digit FCF yields and consistent production growth with disciplined U.S.-focused operations. DVN has reduced capital spending by $4...

5 weeks ago - Seeking Alpha

Devon Energy: A Coterra Deal Is The Good Move

Devon Energy earns a Buy rating as operational optimization and deleveraging drive resilience amid low crude prices and industry headwinds. DVN's potential merger with Coterra Energy could address inv...

5 weeks ago - Seeking Alpha

10 Undervalued Dividend Stocks for 2026

Morningstar's Chief US Market Strategist shares his current dividend-paying picks.

Other symbols: CLXDOCDUKETKEYKHCLNT
5 weeks ago - Morningstar

Exclusive: US shale producers Devon Energy and Coterra Energy in merger talks, sources say

Devon Energy and Coterra Energy are exploring a potential merger, potentially creating one of the largest independent U.S. shale producers, people familiar with the matter said.

Other symbols: CTRA
6 weeks ago - Reuters

Devon Energy Schedules Fourth-Quarter 2025 Earnings Release and Conference Call

OKLAHOMA CITY, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report fourth-quarter 2025 results on Tuesday, Feb. 17, after the close of U.S. financial market...

6 weeks ago - GlobeNewsWire

Devon Energy Corporation (DVN) Presents at Goldman Sachs Energy, CleanTech & Utilities Conference Transcript

Devon Energy Corporation (DVN) Presents at Goldman Sachs Energy, CleanTech & Utilities Conference Transcript

7 weeks ago - Seeking Alpha

I've Never Been More Bullish On This Overlooked De-Dollarization Market Shift

A massive global de-dollarization shift is quietly accelerating beneath the surface. Asset prices are sending a message most investors haven't noticed. I share how my portfolio is changing in response...

Other symbols: BAMBIPBIPCBNBXCVXENB
2 months ago - Seeking Alpha

Devon Energy: An Oil Company With An AI Obsession

Devon Energy (DVN) is aggressively integrating AI, notably ChatDVN 3.0, to optimize drilling, production, and operational efficiency across its portfolio. DVN's AI-driven gas lift optimization and par...

2 months ago - Seeking Alpha

Final Trade: RIVN, AMZN, SNAP, DVN

The final trades of the day with the 'Fast Money' traders.

Other symbols: AMZNRIVNSNAP
2 months ago - CNBC Television

Why Oil Stocks Are Worth a Bet in 2026

Energy shares rose in 2025 despite lower crude prices, a sign of potential strength in the year ahead.

Other symbols: BNODBOGUSHIEOOIHPXJUCO
2 months ago - Barrons

Devon Energy to Participate in Upcoming Conference

OKLAHOMA CITY, Dec. 30, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced Clay Gaspar, President and CEO will participate in a panel at the Goldman Sachs Energy, Cleantech, & Uti...

2 months ago - GlobeNewsWire

Energy Is, By Far, My Favorite Sector For 2026

Energy badly lagged this year, and I underestimated how severe the supply glut would be. I was early - but the long-term thesis remains firmly intact. Today's oil prices aren't sustainable. Low prices...

Other symbols: AMARCNQCVXETEXEFANG
2 months ago - Seeking Alpha