0I8W Stock Chart & Stats
$42.78
-$0.81(-1.86%)
At close: 4:00 PM EDT
$42.78
-$0.81(-1.86%)
Day’s Range― - ―
52-Week Range$31.31 - $55.00
Previous CloseN/A
Volume10.45K
Average Volume (3M)17.56K
Market Cap
$51.60B
Enterprise Value$49.72K
Total Cash (Recent Filing)$1.01B
Total Debt (Recent Filing)$11.74B
Price to Earnings (P/E)11.1
Beta0.46
Next Earnings
Nov 10, 2026EPS Estimate
1.22Next Dividend Ex-DateN/A
Dividend Yield2.21%
Share Statistics
EPS (TTM)4.23
Shares Outstanding1,100,000,000
10 Day Avg. Volume14,989
30 Day Avg. Volume17,556
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
$58.88Price Target Upside37.62% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering17
EPS Forecast (FY)5.13
Revenue Forecast (FY)$22.92B
Bulls Say, Bears Say
Bulls Say
Operational Execution And Cash GenerationStrong production delivery, cost control and capital spending below guidance support Devon’s ability to generate cash from its upstream portfolio. These capabilities can improve resilience and returns across the commodity cycle, although realized prices remain important.
Merger Synergy PotentialThe Coterra integration provides a substantial, identifiable efficiency opportunity across operations, technology and procurement. Successful execution could structurally lower unit costs, improve margins and strengthen Devon’s competitive position over the next several years.
Balance Sheet And Liquidity StrengthDebt reduction, meaningful liquidity and investment-grade credit quality give Devon flexibility to fund development, integrate Coterra and manage weaker commodity periods. Lower leverage also reduces financial risk and supports continued shareholder distributions when cash generation permits.
Bears Say
Volatile And Declining Free Cash FlowAlthough cash generation remains positive on a trailing basis, its sharp decline and prior negative year show that shareholder returns are exposed to capital spending, working capital and commodity-cycle swings. This limits confidence in consistently funding buybacks and dividends.
Commodity-cycle Earnings SensitivityDevon’s upstream model remains dependent on oil, gas and NGL prices, so profitability can normalize quickly after peak pricing. Margin variability makes earnings and reinvestment capacity less predictable even when production execution and operating efficiency remain strong.
Permian Gas Takeaway And Basis RiskInsufficient takeaway capacity can force wider regional discounts or constrain production economics in the Permian. Hedging and coastal access provide partial protection, but basis volatility and reliance on future midstream expansions may continue to pressure gas cash flows.
Devon Energy News
0I8W FAQ
What was Devon Energy’s price range in the past 12 months?
Devon Energy lowest share price was $31.31 and its highest was $55.00 in the past 12 months.
What is Devon Energy’s market cap?
Devon Energy’s market cap is $51.60B.
When is Devon Energy’s upcoming earnings report date?
Devon Energy’s upcoming earnings report date is Nov 10, 2026 which is in 75 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 2.21%. See more information on Devon Energy dividends here
What is Devon Energy’s EPS estimate?
Devon Energy’s EPS estimate is 1.22.
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 -3.199%.
Which hedge fund is a major shareholder of Devon Energy?
Currently, no hedge funds are holding shares in GB:0I8W
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:
$58.88 (37.62% Upside)
$58.88 (37.62% Upside)
Blogger Sentiment
Bullish
GB:0I8W Sentiment 86%
Sector Average 53%
Sector Average 53%
Insider Transactions
Sold Shares
Worth $841.3K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
38.76%
12-Months-Change
Fundamentals
Return on Equity
2.21%
Trailing 12-Months
Asset Growth
125.85%
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.
0I8W Company Deck
0I8W 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 GB:0I8W earnings summaries0I8W Revenue Breakdown
66.86% Oil, gas and NGL sales
33.14% Marketing and midstream revenues
0I8W Stock 12 Month Forecast
Average Price Target
$58.88
▲(37.62% Upside)