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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$31.45 - $52.71
Previous CloseN/A
Volume3.11M
Average Volume (3M)14.69M
Market Cap
$48.69B
Enterprise Value$33.24B
Total Cash (Recent Filing)$1.81B
Total Debt (Recent Filing)$8.59B
Price to Earnings (P/E)11.6
Beta0.25
Next Earnings
Aug 04, 2026EPS Estimate
1.5Next Dividend Ex-DateN/A
Dividend Yield2.64%
Share Statistics
EPS (TTM)3.61
Shares Outstanding1,153,403,100
10 Day Avg. Volume17,294,904
30 Day Avg. Volume14,693,156
Financial Highlights & Ratios
PEG Ratio-1.10
Price to Book (P/B)1.48
Price to Sales (P/S)1.34
P/FCF Ratio7.38
Enterprise Value/Market Cap0.68
Enterprise Value/Revenue2.01
Enterprise Value/Gross Profit9.08
Enterprise Value/Ebitda4.71
Forecast
1Y Price Target
$60.53Price Target Upside36.84% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering21
EPS Forecast (FY)5.5
Revenue Forecast (FY)$23.30B
Bulls Say, Bears Say
Bulls Say
Free Cash Flow GenerationConsistent, material quarterly free cash flow (Q1 $816M) indicates durable cash-generation capacity. Over the medium term this supports capital discipline, funding for strategic M&A, dividend increases and buybacks, and reduces reliance on external financing through commodity cycles.
Merger Scale & Synergy PotentialCompletion of the Coterra merger creates a larger, more diversified E&P with scale benefits. A $1B synergy floor and 156 specific opportunities provide a tangible roadmap to lower unit costs and improve netbacks, improving long-term operating leverage and shareholder returns if executed.
High-Quality Delaware InventoryA deep, contiguous Delaware acreage base with multi-year inventory supports sustained drilling optionality and lower per-well costs via pads and existing infrastructure. This underpins multi-year production visibility and better capital allocation flexibility versus short-lived inventories.
Bears Say
Commodity CyclicalityAs an upstream E&P, earnings and cash flow remain highly sensitive to commodity prices. Historical revenue and margin swings show that even with strong execution, cycles can materially reduce FCF and force shifts in capex, dividends or buybacks, constraining strategic choices.
Permian Gas/Waha RealizationsPersistent regional basis weakness at the Waha hub lowers gas netbacks and can force production curtailments or uneconomic development. Until takeaway capacity and commercial fixes like Blackcomb materially reduce exposure, cash margins in the Permian remain structurally impaired.
Merger Integration & Disclosure RiskPost-merger governance changes, supplemental disclosures and shareholder lawsuits raise execution and timing risk for realizing identified synergies. Litigation and integration distractions can increase costs, delay synergy capture and complicate asset monetizations or tax structuring.
Devon Energy News
DVN FAQ
What was Devon Energy’s price range in the past 12 months?
Devon Energy lowest stock price was $31.45 and its highest was $52.71 in the past 12 months.
What is Devon Energy’s market cap?
Devon Energy’s market cap is $48.69B.
When is Devon Energy’s upcoming earnings report date?
Devon Energy’s upcoming earnings report date is Aug 04, 2026 which is in 34 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 $0.32 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 1.5.
How many shares outstanding does Devon Energy have?
Devon Energy has 1,153,403,100 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
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$60.53 (36.84% Upside)
$60.53 (36.84% Upside)
Blogger Sentiment
Bullish
DVN Sentiment 70%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 5.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 2.8%
Last 30 Days ▼ 2.8%
News Sentiment
Bullish
Bullish news 75%
Bearish news 25%
Bearish news 25%
Technicals
SMA
Positive
20 days / 200 days
Momentum
33.58%
12-Months-Change
Fundamentals
Return on Equity
14.78%
Trailing 12-Months
Asset Growth
5.22%
Trailing 12-Months
Company Description
Devon Energy
As an independent energy producer, Devon Energy Corporation primarily focuses on the exploration, development, and extraction of oil, natural gas, and natural gas liquids within the United States. The company manages roughly 5,134 gross wells. Established in 1971, its corporate headquarters are located 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
$60.53
▲(36.84% Upside)
Technical Analysis
Ownership Overview
0.48% Insiders
12.09% Mutual Funds
8.59% Other Institutional Investors
48.62% Public Companies and Individual Investors