Devon Energy Corporation (DVN)
Market Cap | 21.61B |
Revenue (ttm) | 15.94B |
Net Income (ttm) | 2.79B |
Shares Out | 642.10M |
EPS (ttm) | 4.38 |
PE Ratio | 7.68 |
Forward PE | 8.81 |
Dividend | $1.31 (3.89%) |
Ex-Dividend Date | Jun 13, 2025 |
Volume | 5,004,151 |
Open | 34.20 |
Previous Close | 32.53 |
Day's Range | 33.35 - 34.65 |
52-Week Range | 25.89 - 51.20 |
Beta | 1.05 |
Analysts | Buy |
Price Target | 43.84 (+30.28%) |
Earnings Date | May 6, 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 20 analysts, the average rating for DVN stock is "Buy." The 12-month stock price forecast is $43.84, which is an increase of 30.28% from the latest price.
News

20 stocks of companies showing excellent earnings-season trends even as the economy cools
With U.S. economic growth turning negative during the first quarter, this earnings season's results might shed some light on which companies may best weather the disruption brought about by President ...

Devon Energy Corporation (DVN) Q1 2025 Earnings Call Transcript
Devon Energy Corporation (NYSE:DVN) Q1 2025 Results Conference Call May 7, 2025 11:00 AM ET Company Participants Rosy Zuklic - VP, IR Clay Gaspar - CEO Jeff Ritenour - CFO Trey Lowe - SVP Technology ...

I Squared, MPLX, and Enbridge to Acquire Interests in Matterhorn Express Pipeline
AUSTIN, Texas , May 6, 2025 /PRNewswire/ -- I Squared, MPLX LP (NYSE: MPLX), and Enbridge Inc. (NYSE: ENB) jointly announce they have entered into a definitive agreement to acquire equity interests in...

Devon Energy misses first-quarter profit estimates on lower oil prices
Devon Energy missed first-quarter profit estimates on Tuesday, hit by lower oil prices.

Devon Energy Reports First-Quarter 2025 Results and Declares Quarterly Dividend
OKLAHOMA CITY, May 06, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the first-quarter 2025. The company also declared its quarterly divi...

Big Tech Breathes Life Into Q1 Earnings
Both Meta and Microsoft reported after-the-bell on Wednesday, blowing past analyst estimates. With 72% of the S&P 500 having reported for Q1 at this point, the blended EPS growth rate stands at 12.8%,...

Buy the Stocks of Pinterest and 5 Other Companies That Are Buying Back Shares
Steady stock repurchases are an indicator of management confidence. Pinterest, Devon, AES, Trex, Bank of America, and Enphase are all scooping up shares.

Devon Energy Targets $1 Billion In Cost Savings
Devon Energy's business optimization plan aims to enhance margins and deliver $1 billion in annual pre-tax free cash flow improvements by year-end 2026. The plan includes $300 million in capital effic...

Devon Energy Unveils Value Enhancing Business Optimization Plan
HIGHLIGHTS Targeting $1 billion in annual pre-tax free cash flow improvements Business optimization plan underway to improve margins and capital efficiency Plan includes improvements to base productio...

Devon Energy's 15% Free Cash Flow Yield Is Too Appealing Not To Buy
Devon Energy is rated a BUY with a $40/share target, driven by potential upside in natural gas prices and undervaluation due to recent selling pressure. Domestic natural gas demand is expected to rise...

Why Devon Energy Checks Off Many Boxes Right Now
Devon Energy Corporation offers a compelling value opportunity with a forward PE of 7.6x, a 3.6% dividend yield, and 9% dividend growth. DVN's robust production growth, efficient capital deployment, a...

Devon Energy's Recovery Is Well Deserved - Richer Return Prospects Ahead
Devon Energy remains inherently discounted compared to its peers despite the recent bounce, thanks to its growing production capacity and richer profit margins. Thanks to the still healthy balance she...

Buy, Baby, Buy: My 12 Favorite Energy Stocks For What's Next
Energy stocks are proving their strength, outperforming the market despite oil price stagnation. Structural shifts, deglobalization, and inflation favor long-term upside. Shale growth is slowing, and ...

Devon Energy Schedules First-Quarter 2025 Earnings Release and Conference Call
OKLAHOMA CITY, March 26, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report first-quarter 2025 results on Tuesday, May 6, after the close of U.S. financial markets....

These two quality stocks are trading well below their historical multiples
Trump tariffs and the related fears of a recession ahead pushed the S&P 500 index into correction territory this month, creating quite a few buying opportunities in the process. But some of the names ...

John Krenicki Jr. to Retire from Devon Energy Board of Directors
OKLAHOMA CITY, March 05, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) announced today that John Krenicki Jr. is retiring from the company's board of directors at the end of his current term...
The Big 3: DOW, DVN, BIDU
"Diamonds in the rough" are what Alan Knuckman aims to find on today's Big 3. He talks about why he's watching Baidu (BIDU), Devon Energy (DVN) and Dow Chemical (DOW) and offers example options trades...

Devon Energy: Stop, In The Name Of Love (Maintaining The Rating)
Devon Energy is undervalued and offers significant growth and income potential due to its high-quality rock positions and shareholder-friendly capital returns. The company exceeded Q4 production guida...

Devon Energy Is One Of The Few Growing Oil Companies
Devon Energy is focused on aggressively growing production, both into 2024, along with double-digit growth into 2025. The company has a strong dividend that it's increasing, and it plans to continue i...

Devon Energy: Stay Away From This Value Trap
Despite an upgrade, FY '25's outlook shows minimal production growth and limited capex guidance upside for FY '25. So higher volumes are unlikely to be a source of upside for the stock. A mixed commod...

Devon Energy Has Strong Tailwinds, Analyst Says
Devon Energy Corporation DVN shares are trading higher on Wednesday after the company reported strong fourth-quarter results on Tuesday after the bell.

Devon Energy Corporation (DVN) Q4 2024 Earnings Call Transcript
Devon Energy Corporation (NYSE:DVN) Q4 2024 Earnings Conference Call February 19, 2025 11:00 AM ET Company Participants Rick Muncrief - President and CEO Clay Gaspar - COO Jeff Ritenour - CFO John Ra...

Devon Energy: Oversold And On Sale Or A Value Trap? (Technical Analysis)
Devon Energy: Oversold And On Sale Or A Value Trap? (Technical Analysis)

The More It Drops, The More Buffett And I Buy
Buffett and I are both doubling down on a sector that has lagged the market recently. This sector is filled with stocks that trade at deep discounts with strong balance sheets and rising dividends. He...