DVN Stock Chart & Stats
$798.00
-$10.40(-1.29%)
At close: 4:00 PM EDT
$798.00
-$10.40(-1.29%)
Day’s Range― - ―
52-Week Range$567.00 - $949.33
Previous CloseN/A
Volume16.00
Average Volume (3M)696.00
Market Cap
$905.69B
Enterprise Value$37.98K
Total Cash (Recent Filing)$1.81B
Total Debt (Recent Filing)$8.59B
Price to Earnings (P/E)12.5
Beta-0.24
Next Earnings
Aug 04, 2026EPS Estimate
24.37Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.61
Shares Outstanding1,153,403,100
10 Day Avg. Volume28
30 Day Avg. Volume696
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$1,030.44Price Target Upside29.13% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering21
EPS Forecast (FY)85.31
Revenue Forecast (FY)$400.91B
Bulls Say, Bears Say
Bulls Say
Strong Profitability & MarginsDevon’s trailing results show industry-leading margins and healthy net income, which provide durable cash generation capacity across commodity cycles. Strong profitability underpins the company’s ability to fund reinvestment, dividends and strategic M&A, cushioning the business versus short-term price swings.
Merger Scale And $1B Synergy OpportunityThe completed Coterra merger creates a materially larger U.S. independent E&P with scale benefits. Identified synergies and a $1.0B floor provide structural upside to margins, cost of capital and cash returns. Realizing these efficiencies supports sustainable shareholder distributions and operational resilience.
Deep Delaware Basin InventoryThe acquisition meaningfully extends high-quality, contiguous acreage and drilling inventory in the core Delaware Basin, increasing long-term development optionality. Longer lease terms and high NRI enable multi-well pads and infrastructure synergies, lowering unit costs and supporting durable production capacity.
Bears Say
Choppy Free Cash FlowVolatile free cash flow reduces predictability of buybacks, dividend growth and debt reduction. Sensitivity to reinvestment timing, working capital and commodity swings means available cash for returns can swing materially quarter-to-quarter, complicating capital-allocation planning over the medium term.
Permian Gas Pricing & Takeaway ExposurePersistent Waha basis weakness limits realized gas netbacks and forces operational adjustments like curtailment of high gas-oil ratio production. Reliance on pipeline projects (e.g., Blackcomb) and commercial fixes creates medium-term realization risk; constrained takeaway can structurally depress margins in gas-heavy basins.
Tax Volatility And Monetization DragLow-basis assets and planned asset sales can create large taxable events that reduce after-tax proceeds, lowering the effectiveness of monetizations for debt paydown or buybacks. Elevated current cash taxes and tax-rate volatility introduce structural earnings and cash-flow noise that can limit net returns to shareholders.
Devon Energy News
DVN FAQ
What was Devon Energy’s price range in the past 12 months?
Devon Energy lowest stock price was $567.00 and its highest was $949.33 in the past 12 months.
What is Devon Energy’s market cap?
Devon Energy’s market cap is $905.69B.
When is Devon Energy’s upcoming earnings report date?
Devon Energy’s upcoming earnings report date is Aug 04, 2026 which is in 7 days.
How were Devon Energy’s earnings last quarter?
Devon Energy released its earnings results on May 05, 2026. The company reported $18.131 earnings per share for the quarter, missing the consensus estimate of $18.55 by -$0.418.
Is Devon Energy overvalued?
According to Wall Street analysts Devon Energy’s price is currently Undervalued.
Does Devon Energy pay dividends?
Devon Energy does not currently pay dividends.
What is Devon Energy’s EPS estimate?
Devon Energy’s EPS estimate is 24.37.
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 $18.131 in its last earnings report, missing expectations of $18.55. Following the earnings report the stock price went down -10.104%.
Which hedge fund is a major shareholder of Devon Energy?
Currently, no hedge funds are holding shares in MX: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
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$1,030.44 (29.13% Upside)
$1,030.44 (29.13% Upside)
Blogger Sentiment
Bullish
MX:DVN Sentiment 88%
Sector Average 65%
Sector Average 65%
Insider Transactions
Sold Shares
Worth $5.3M over
the Last 3 Months
the Last 3 Months
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
38.76%
12-Months-Change
Fundamentals
Return on Equity
2.26%
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 MX: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
$1,030.44
▲(29.13% Upside)