Devon Energy Elects Board at Annual Meeting

Devon Energy ( (DVN) ) has provided an update.

At Devon Energy‘s Annual Meeting of Stockholders on June 4, 2025, all ten nominees for the Board were elected for a one-year term. Additionally, the appointment of KPMG LLP as the independent auditor for 2025 was ratified, and the advisory vote on executive compensation was approved. However, a stockholder proposal to change the holding requirement for calling a special meeting was not approved.

The most recent analyst rating on (DVN) stock is a Hold with a $40.00 price target. To see the full list of analyst forecasts on Devon Energy stock, see the DVN Stock Forecast page.

Spark’s Take on DVN Stock

According to Spark, TipRanks’ AI Analyst, DVN is a Outperform.

Devon Energy’s strong financial performance and positive earnings call significantly contribute to its overall score. While technical indicators are neutral, the stock’s attractive valuation and strategic initiatives bolster its market position.

To see Spark’s full report on DVN stock, click here.

More about Devon Energy

Devon Energy Corporation operates in the energy sector, primarily focusing on the exploration, development, and production of oil and natural gas. The company is a significant player in the U.S. energy market, leveraging its expertise to maintain a strong position in the industry.

Average Trading Volume: 9,240,901

Technical Sentiment Signal: Sell

Current Market Cap: $20.26B

For a thorough assessment of DVN stock, go to TipRanks’ Stock Analysis page.