Devon Energy (DVN)
NYSE:DVN
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DVN Stock Chart & Stats
$44.23
$0.22(0.63%)
At close: 4:00 PM EST
$44.23
$0.22(0.63%)
Day’s Range― - ―
52-Week Range$30.24 - $52.71
Previous CloseN/A
Volume3.11M
Average Volume (3M)16.74M
Market Cap
$57.06B
Enterprise Value$37.65B
Total Cash (Recent Filing)$1.81B
Total Debt (Recent Filing)$8.59B
Price to Earnings (P/E)65.1
Beta0.26
Next Earnings
Aug 11, 2026EPS Estimate
1.55Next Dividend Ex-DateN/A
Dividend Yield2.64%
Share Statistics
EPS (TTM)3.61
Shares Outstanding1,152,950,800
10 Day Avg. Volume12,417,798
30 Day Avg. Volume16,742,940
Financial Highlights & Ratios
PEG Ratio-1.11
Price to Book (P/B)1.48
Price to Sales (P/S)1.34
P/FCF Ratio7.38
Enterprise Value/Market Cap0.66
Enterprise Value/Revenue2.25
Enterprise Value/Gross Profit9.90
Enterprise Value/Ebitda4.96
Forecast
1Y Price Target
$60.06Price Target Upside35.78% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering20
EPS Forecast (FY)5.38
Revenue Forecast (FY)$23.25B
Bulls Say, Bears Say
Bulls Say
Merger Scale And Market PositionMerger with Coterra creates one of the largest Lower 48-focused independent shale operators, increasing scale and competitive positioning in core basins.
Operational Synergies And Free Cash FlowRealized and targeted pretax synergies along with technology-driven efficiency gains are lowering capital intensity and boosting free cash flow per share.
Shareholder Returns PolicyA materially higher fixed quarterly dividend combined with a substantial share repurchase authorization supports meaningful per-share growth and enhanced capital returns once executed.
Bears Say
Divestiture Execution RiskLimited buyer interest for certain regional assets could impede planned noncore asset sales and reduce anticipated proceeds intended to unlock shareholder value.
Guidance And Forecast UncertaintyMerger-related noise and the absence of detailed pro forma divestiture plans create uncertainty around guidance and increase volatility in forward estimates.
Tax And Structural RisksTransfer of a low tax basis from Coterra could create tax inefficiencies on a large asset sale program, lowering expected net proceeds and complicating capital allocation.
Devon Energy News
DVN FAQ
What was Devon Energy’s price range in the past 12 months?
Devon Energy lowest stock price was $30.24 and its highest was $52.71 in the past 12 months.
What is Devon Energy’s market cap?
Devon Energy’s market cap is $57.06B.
When is Devon Energy’s upcoming earnings report date?
Devon Energy’s upcoming earnings report date is Aug 11, 2026 which is in 84 days.
How were Devon Energy’s earnings last quarter?
Devon Energy released its earnings results on May 05, 2026. The company reported $1.04 earnings per share for the quarter, missing the consensus estimate of $1.064 by -$0.024.
Is Devon Energy overvalued?
According to Wall Street analysts Devon Energy’s price is currently Undervalued.
Does Devon Energy pay dividends?
Devon Energy pays a Quarterly dividend of $0.24 which represents an annual dividend yield of 2.64%. See more information on Devon Energy dividends here
What is Devon Energy’s EPS estimate?
Devon Energy’s EPS estimate is 1.55.
How many shares outstanding does Devon Energy have?
Devon Energy has 1,152,950,800 shares outstanding.
What happened to Devon Energy’s price movement after its last earnings report?
Devon Energy reported an EPS of $1.04 in its last earnings report, missing expectations of $1.064. Following the earnings report the stock price went down -8.61%.
Which hedge fund is a major shareholder of Devon Energy?
Currently, no hedge funds are holding shares in DVN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Devon Energy Stock Smart Score
Outperform
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Analyst Consensus
Strong Buy
Average Price Target:
$60.06 (35.78% Upside)
$60.06 (35.78% Upside)
Blogger Sentiment
Bullish
DVN Sentiment 100%
Sector Average 73%
Sector Average 73%
Hedge Fund Trend
Increased
By 116.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 407.6%
Last 30 Days ▲ 407.6%
News Sentiment
Very Bullish
Bullish news 83%
Bearish news 17%
Bearish news 17%
Technicals
SMA
Positive
20 days / 200 days
Momentum
49.70%
12-Months-Change
Fundamentals
Return on Equity
14.78%
Trailing 12-Months
Asset Growth
5.22%
Trailing 12-Months
Company Description
Devon Energy
Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 5,134 gross wells. Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.
DVN Company Deck
DVN Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a strongly positive operational and financial message: beat production and capital targets, generated $816M of free cash flow, achieved a $1B business optimization goal early, secured shareholder approval to close the Cotera merger (with a $1B synergy floor and 156 identified opportunities), and highlighted scalable AI-driven production gains (850+ wells automated). Manageable near-term challenges were discussed — Waha pricing headwinds, some Q1 realization/tax noise, and potential tax impacts from future asset sales — but these are framed as addressable via commercial fixes, hedging, tax-aware structuring, and integration-driven efficiencies. Overall, the positives materially outweigh the negatives, driven by strong cash generation, merger upside, and technology-led productivity improvements.View all DVN earnings summariesDVN Revenue Breakdown
66.86% Oil, gas and NGL sales
33.14% Marketing and midstream revenues
DVN Stock 12 Month Forecast
Average Price Target
$60.06
▲(35.78% Upside)
Technical Analysis
Ownership Overview
0.55% Insiders
11.19% Mutual Funds
8.51% Other Institutional Investors
54.25% Public Companies and Individual Investors