Devon Energy Corporation (DVN)
Market Cap | 23.48B |
Revenue (ttm) | 16.11B |
Net Income (ttm) | 2.84B |
Shares Out | 634.80M |
EPS (ttm) | 4.44 |
PE Ratio | 8.33 |
Forward PE | 9.81 |
Dividend | $0.96 (2.60%) |
Ex-Dividend Date | Sep 15, 2025 |
Volume | 9,222,783 |
Open | 35.87 |
Previous Close | 35.76 |
Day's Range | 35.79 - 37.26 |
52-Week Range | 25.89 - 43.30 |
Beta | 1.14 |
Analysts | Buy |
Price Target | 44.16 (+19.38%) |
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 $44.16, which is an increase of 19.38% from the latest price.
News

Buying A Dollar For 50 Cents: 2 Stocks I Believe Every Long-Term Investor Should Consider
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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...

British Gas owner Centrica enters natural gas deal with US-based Devon Energy
British Gas owner Centrica said on Friday it has entered into a natural gas agreement with Devon Energy , in which the U.S.-based firm will supply an equivalent to five LNG cargoes per year over a 10-...

Devon Energy Corporation (DVN) Q2 2025 Earnings Call Transcript
Devon Energy Corporation (NYSE:DVN) Q2 2025 Earnings Call August 6, 2025 11:00 AM ET Company Participants Clay M. Gaspar - President, CEO & Director Jeffrey L.

LandBridge Announces Long-Term Surface Use and Pore Space Reservation Agreement with Devon Energy
HOUSTON--(BUSINESS WIRE)--LandBridge Company LLC (NYSE: LB) (“LandBridge”) today announced it has executed a 10-year surface use and pore space reservation agreement with Devon Energy Corp. (NYSE: DVN...

Devon Energy misses second-quarter profit estimates on weak oil prices
Shale producer Devon Energy narrowly missed Wall Street expectations for second-quarter profit on Tuesday, as weaker commodity prices offset a rise in output.

Devon Energy Reports Second-Quarter 2025 Results and Declares Quarterly Dividend
OKLAHOMA CITY, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the second-quarter 2025. The company also declared its quarterly di...
Final Trade: TCEHY, QQQ, AAPL, DVN
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Devon Energy's Stock Swoon: Could This Permian Producer Become A Prime M&A Target?
Devon Energy's stock has dropped 32% over the past year and its relatively small enterprise value (~$28.8 billion) may make it a prime takeover candidate. That said, Devon's Q1 report was solid, with ...

Devon Energy: Q2 Earnings On Tap, Shares Consolidating With Mid-$60s Oil
Devon Energy remains undervalued, trading at just 8.2x earnings, below its historical average and sector peers, supporting my continued buy rating. Recent results were mixed: Q1 revenue beat expectati...

Devon Energy Schedules Second-Quarter 2025 Earnings Release and Conference Call
OKLAHOMA CITY, June 25, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report second-quarter 2025 results on Tuesday, August 5, after the close of U.S. financial marke...

Devon Energy Corporation (DVN) Presents at J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference Transcript
Devon Energy Corporation (NYSE:DVN) J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference June 24, 2025 10:20 AM ET Company Participants Clay Gaspar - President, CEO & Director Conference Ca...

20 oil stocks passing a quality screen as Investors wonder what Iran will do next
Nobody knows how badly the international oil market might be disrupted by Iran. But if you want to take advantage of the uncertainty, a screen encompassing debt levels and cash flow can limit your ris...