Skip to main content

Go Premium in Our Biggest Sale Ever

UPGRADE NOW
TipRanks
Go Ultimate75% OFF

Devon Energy (DVN) Stock Price & Analysis

7,928 Followers

DVN Stock Chart & Stats

$46.58$0.35(0.76%)
At close: 4:00 PM EST
$45$50Aug 17Aug 31Sep 14Sep 28Oct 12Oct 26Nov 9
Day’s Range
$45.99 - $46.76
52-Week Range
$34.23 - $52.71
Previous Close
$46.23
Volume
N/A
Average Volume (3M)
10.08M
Market Cap
$52.69B
Enterprise Value
$63.55B
Total Cash (Recent Filing)
$413.00M
Total Debt (Recent Filing)
$11.04B
Price to Earnings (P/E)
11.6
Beta
0.23
Next Earnings
Feb 16, 2027 (Est.)
EPS Estimate
1.57
Next Dividend Ex-Date
Dec 15, 2026
Dividend Yield
2.40%

Bulls Say, Bears Say

Bulls Say

Conservative Leverage

Conservative leverage gives Devon meaningful financial flexibility through commodity cycles. A stronger balance sheet can support debt reduction, selective development spending, infrastructure investment and shareholder returns while reducing pressure from financing obligations when industry conditions weaken.

Strong Production And Cash Generation

Record production combined with substantial free cash flow demonstrates operating scale and cash-generating capacity. This supports reinvestment in high-return acreage, debt repayment and shareholder distributions, while providing a durable base for future per-share financial growth.

Portfolio High-grading

Selling a declining asset and emphasizing longer-duration, higher-return acreage should improve portfolio quality over time. The transaction is intended to lower breakeven and base decline, while proceeds provide capital for debt reduction and buybacks that can strengthen per-share economics.

Bears Say

Commodity-cycle Margin Risk

Margin normalization from peak-cycle levels shows that Devon's earnings remain sensitive to commodity pricing and realized margins. Even with solid current profitability, weaker oil, gas or NGL pricing can reduce cash generation and limit the funds available for growth and returns.

Permian Gas Egress Constraints

Constrained Permian gas egress can depress realized prices and reduce the economic value of associated production. Devon has limited gas output while infrastructure is developed, so the opportunity for stronger netbacks depends on successful transportation investment and access to premium markets.

Volatile Free Cash Flow Conversion

Although operating cash flow is robust, free cash flow has been less consistent because reinvestment and capital spending consume a larger share of earnings. This variability can make shareholder cash returns and debt reduction less predictable across the commodity cycle.

Devon Energy News

DVN FAQ

What was Devon Energy’s price range in the past 12 months?
Devon Energy lowest stock price was $34.23 and its highest was $52.71 in the past 12 months.
What is Devon Energy’s market cap?
Devon Energy’s market cap is $52.69B.
When is Devon Energy’s upcoming earnings report date?
Devon Energy’s next earnings report is estimated for Feb 16, 2027 (not yet confirmed), which is in 94 days.
How were Devon Energy’s earnings last quarter?
Devon Energy released its earnings results on Nov 05, 2026. The company reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.326 by $0.094.
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 2.4%. See more information on Devon Energy dividends here
What is Devon Energy’s EPS estimate?
Devon Energy’s EPS estimate is 1.57.
How many shares outstanding does Devon Energy have?
Devon Energy has 1,139,714,400 shares outstanding.
What happened to Devon Energy’s price movement after its last earnings report?
Devon Energy reported an EPS of $1.42 in its last earnings report, beating expectations of $1.326. Following the earnings report the stock price went down -1.563%.
Which hedge fund is a major shareholder of Devon Energy?
Hedge funds hold Devon Energy shares: the largest hedge-fund position in Devon Energy is 71,884,654 shares, and hedge funds increased their holdings by 68.4M shares last quarter.
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