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DVN Stock Chart & Stats
$46.91
-$0.25(-0.55%)
At close: 4:00 PM EDT
$46.91
-$0.25(-0.55%)
Day’s Range― - ―
52-Week Range$31.47 - $52.71
Previous CloseN/A
Volume10.92M
Average Volume (3M)10.26M
Market Cap
$52.87B
Enterprise Value$49.72K
Total Cash (Recent Filing)$1.01B
Total Debt (Recent Filing)$11.74B
Price to Earnings (P/E)11.4
Beta0.15
Next Earnings
Nov 10, 2026EPS Estimate
1.19Next Dividend Ex-DateN/A
Dividend Yield2.16%
Share Statistics
EPS (TTM)4.23
Shares Outstanding1,100,000,000
10 Day Avg. Volume8,780,013
30 Day Avg. Volume10,255,388
Financial Highlights & Ratios
PEG Ratio-1.10
Price to Book (P/B)1.48
Price to Sales (P/S)1.34
P/FCF Ratio8.22
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$59.67Price Target Upside27.19% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering19
EPS Forecast (FY)5.16
Revenue Forecast (FY)$24.22B
Bulls Say, Bears Say
Bulls Say
Revenue Growth And ProfitabilityRe-accelerating revenue and healthy operating profitability indicate improving production and sales momentum. Although commodity prices affect results, the company’s scale and strong EBITDA generation provide a durable earnings base across the planning horizon.
Merger Synergy PotentialThe Coterra integration creates a substantial, identifiable cost and operating synergy pipeline. If execution remains on track, these savings can improve margins, capital efficiency and free cash flow over multiple years rather than relying solely on commodity prices.
Balance Sheet And Operational ExecutionStrong execution combined with debt reduction and substantial liquidity improves financial flexibility. Lower leverage can support resilience through commodity cycles, while cost control and cash generation provide capacity for dividends, buybacks and reinvestment.
Bears Say
Free Cash Flow VolatilityPositive cash generation is not yet consistent enough to be treated as stable through the cycle. High capital needs and working-capital swings can reduce funds available for shareholder returns, particularly when commodity prices or operating conditions weaken.
Commodity-cycle Earnings ExposureDevon remains an upstream producer whose revenue depends on oil, gas and NGL prices, regional differentials and production mix. This structural exposure can cause earnings and margins to fluctuate materially, limiting the predictability of long-term cash generation.
Permian Infrastructure And Integration RiskLimited gas takeaway and basis volatility can pressure realized prices and near-term cash flows in the Permian. At the same time, delayed synergy realization and portfolio decisions could postpone the operating and financial benefits expected from the merger.
DVN FAQ
What was Devon Energy’s price range in the past 12 months?
Devon Energy lowest stock price was $31.47 and its highest was $52.71 in the past 12 months.
What is Devon Energy’s market cap?
Devon Energy’s market cap is $52.87B.
When is Devon Energy’s upcoming earnings report date?
Devon Energy’s upcoming earnings report date is Nov 10, 2026 which is in 63 days.
How were Devon Energy’s earnings last quarter?
Devon Energy released its earnings results on Aug 04, 2026. The company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.402 by $0.168.
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 2.16%. See more information on Devon Energy dividends here
What is Devon Energy’s EPS estimate?
Devon Energy’s EPS estimate is 1.19.
How many shares outstanding does Devon Energy have?
Devon Energy has 1,100,000,000 shares outstanding.
What happened to Devon Energy’s price movement after its last earnings report?
Devon Energy reported an EPS of $1.57 in its last earnings report, beating expectations of $1.402. Following the earnings report the stock price went down -4.449%.
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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10
Analyst Consensus
Strong Buy
Average Price Target:
$59.67 (27.19% Upside)
$59.67 (27.19% Upside)
Blogger Sentiment
Bullish
DVN Sentiment 87%
Sector Average 56%
Sector Average 56%
Hedge Fund Trend
Increased
By 33.5M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $841.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 4.5%
Last 30 Days ▼ 4.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
38.58%
12-Months-Change
Fundamentals
Return on Equity
2.16%
Trailing 12-Months
Asset Growth
125.85%
Trailing 12-Months
Learn more about TipRanks Smart Score
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
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a predominately positive operational and financial picture: strong combined-quarter execution, $1.7B adjusted free cash flow, rapid merger integration with 350+ synergy initiatives and clear balance sheet progress (dividend increase, $1.25B debt reduction, resumed buybacks). Technology and enhanced-recovery pilots provide additional upside. Key near-term challenges include stock underperformance driven by market desire for clearer asset-review outcomes, some communication missteps on the lease sale economics, Permian gas takeaway/basis risk and the fact that some synergies and portfolio actions have yet to flow through financials. On balance, the positives (cash generation, cost performance, liquidity, synergy pipeline and tech advantages) outweigh the lowlights, though execution and timing risks remain.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
All Analysts
Top Analysts
Average Price Target
$59.67
▲(27.19% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
0.53% Insiders
12.68% Mutual Funds
19.55% Other Institutional Investors
34.18% Public Companies and Individual Investors









