0I8W Stock Chart & Stats
$47.29
-$0.81(-1.86%)
At close: 4:00 PM EDT
$47.29
-$0.81(-1.86%)
Day’s Range― - ―
52-Week Range$31.31 - $55.00
Previous CloseN/A
Volume10.45K
Average Volume (3M)14.98K
Market Cap
$53.09B
Enterprise Value$49.72B
Total Cash (Recent Filing)$1.01B
Total Debt (Recent Filing)$11.74B
Price to Earnings (P/E)11.4
Beta0.43
Next Earnings
Nov 05, 2026EPS Estimate
1.27Next Dividend Ex-DateN/A
Dividend Yield2.3%
Share Statistics
EPS (TTM)4.23
Shares Outstanding1,100,000,000
10 Day Avg. Volume16,190
30 Day Avg. Volume14,983
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 Cap0.94
Enterprise Value/Revenue2.53
Enterprise Value/Gross Profit7.42
Enterprise Value/Ebitda5.63
Forecast
1Y Price Target
$60.47Price Target Upside27.87% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering19
EPS Forecast (FY)5.32
Revenue Forecast (FY)$25.45B
Bulls Say, Bears Say
Bulls Say
Revenue Growth And ProfitabilityRe-accelerating revenue alongside healthy margins indicates improving operating momentum and continued ability to convert production into earnings. Although profitability varies with commodity conditions, the current earnings base supports reinvestment and provides resilience over the next several quarters.
Balance Sheet StrengthModest leverage gives Devon greater flexibility to fund development, reduce debt, and return capital without relying as heavily on external financing. The improvement from prior annual periods strengthens resilience and helps the company manage commodity-cycle weakness more effectively.
Portfolio High-GradingSelling a non-core asset representing about 4% of production can sharpen Devon’s focus on higher-return, longer-duration assets while lengthening inventory life and lowering its corporate breakeven. Using proceeds for debt reduction and buybacks should reinforce financial flexibility and capital discipline.
Bears Say
Free Cash Flow VolatilityPositive current cash generation is offset by a sharp year-over-year decline and a history of inconsistency, including negative free cash flow in 2024. This variability can reduce confidence in recurring shareholder returns and constrain capital allocation when commodity conditions weaken.
Commodity-Cycle Earnings SensitivityThe decline from prior peak margins shows that Devon’s earnings power remains exposed to changing oil, gas, and NGL market conditions. This limits the durability of reported profitability and can create uneven cash generation even when production execution and cost control remain solid.
Permian Gas Takeaway RiskRestricted takeaway capacity and weak Waha pricing can reduce realized gas revenue and create basis volatility in the Permian. Even with much of production hedged or directed to the coast, the risk remains relevant until additional egress projects are available and operating reliably.
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 $53.09B.
When is Devon Energy’s upcoming earnings report date?
Devon Energy’s upcoming earnings report date is Nov 05, 2026 which is in 24 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 2.3%. See more information on Devon Energy dividends here
What is Devon Energy’s EPS estimate?
Devon Energy’s EPS estimate is 1.27.
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
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$60.47 (27.87% Upside)
$60.47 (27.87% Upside)
Blogger Sentiment
Bullish
GB:0I8W Sentiment 84%
Sector Average 63%
Sector Average 63%
Insider Transactions
Sold Shares
Worth $144.3K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
44.07%
12-Months-Change
Fundamentals
Return on Equity
14.90%
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.
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
$60.47
▲(27.87% Upside)