Devon Energy Corporation (DVN)

US — Energy Sector
Peers: TPL  CTRA  EC  VG  HAL  EXEEL  TS  EXE  PBA  WDS 

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Key Metrics & Ratings

  • symbol DVN
  • Rev/Share 26.3843
  • Book/Share 24.0819
  • PB 1.3666
  • Debt/Equity 0.597
  • CurrentRatio 1.2222
  • ROIC 0.1053

 

  • MktCap 20573868000.0
  • FreeCF/Share -1.8794
  • PFCF -17.2395
  • PE 7.2364
  • Debt/Assets 0.2864
  • DivYield 0.029
  • ROE 0.1949

 

  • Rating A-
  • Score 4
  • Recommendation Buy
  • P/E Score 3
  • DCF Score 4
  • P/B Score 3
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation DVN Roth Capital -- Buy -- $42 Oct. 14, 2025
Initiation DVN William Blair -- Outperform -- -- Aug. 25, 2025
Upgrade DVN Bernstein Market Perform Outperform -- $45 Jan. 15, 2025
Upgrade DVN The Benchmark Company Hold Buy -- $44 Jan. 14, 2025
Upgrade DVN Wolfe Research Peer Perform Outperform -- $45 Jan. 3, 2025
Downgrade DVN JP Morgan Overweight Neutral -- $43 Dec. 5, 2024
Resumed DVN Jefferies -- Hold -- $45 Oct. 3, 2024

News

Is Most-Watched Stock Devon Energy Corporation (DVN) Worth Betting on Now?
DVN
Published: March 31, 2025 by: Zacks Investment Research
Sentiment: Positive

Devon Energy (DVN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

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image for news Is Most-Watched Stock Devon Energy Corporation (DVN) Worth Betting on Now?
Devon Energy (DVN) Advances While Market Declines: Some Information for Investors
DVN
Published: March 26, 2025 by: Zacks Investment Research
Sentiment: Neutral

In the most recent trading session, Devon Energy (DVN) closed at $37.47, indicating a +1.35% shift from the previous trading day.

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image for news Devon Energy (DVN) Advances While Market Declines: Some Information for Investors
Here's Why Devon Energy (DVN) is a Strong Momentum Stock
DVN
Published: March 26, 2025 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

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image for news Here's Why Devon Energy (DVN) is a Strong Momentum Stock
Devon Energy Schedules First-Quarter 2025 Earnings Release and Conference Call
DVN
Published: March 26, 2025 by: GlobeNewsWire
Sentiment: Neutral

OKLAHOMA CITY, March 26, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report first-quarter 2025 results on Tuesday, May 6, after the close of U.S. financial markets. The earnings release and presentation for the first-quarter 2025 results will be available on the company's website at www.devonenergy.com.

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image for news Devon Energy Schedules First-Quarter 2025 Earnings Release and Conference Call
Wall Street Analysts See a 39.02% Upside in Devon Energy (DVN): Can the Stock Really Move This High?
DVN
Published: March 18, 2025 by: Zacks Investment Research
Sentiment: Positive

The consensus price target hints at a 39% upside potential for Devon Energy (DVN). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

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image for news Wall Street Analysts See a 39.02% Upside in Devon Energy (DVN): Can the Stock Really Move This High?
Devon Energy Stock Has 42% Upside, According to 1 Wall Street Firm
DVN
Published: March 18, 2025 by: The Motley Fool
Sentiment: Positive

This is one of those unusual situations whereby a Wall Street firm lowers its price target on the stock, but even the lowered price target still implies a 42% upside for the stock. That happened recently when Siebert Williams Shank lowered its price target on Devon Energy (DVN 1.99%) from $58 to $50 while maintaining a buy rating on the stock.

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image for news Devon Energy Stock Has 42% Upside, According to 1 Wall Street Firm
Why Devon Energy (DVN) is a Top Value Stock for the Long-Term
DVN
Published: March 14, 2025 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

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image for news Why Devon Energy (DVN) is a Top Value Stock for the Long-Term
Better Energy Stock: Vitesse Energy vs. Devon Energy
DVN, VTS
Published: March 10, 2025 by: The Motley Fool
Sentiment: Positive

The two oil companies make for a fascinating comparison. High-yielding Vitesse Energy (VTS 0.94%) and Devon Energy (DVN -1.17%) are connected in that Vitesse has minority interests in Devon-operated wells in the Williston Basin of North Dakota and Montana (Bakken Formation).

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image for news Better Energy Stock: Vitesse Energy vs. Devon Energy
4 Discounted PEG Stocks Offering the Best Returns to Value Investors
BMRN, DVN, JAZZ, TAP
Published: March 10, 2025 by: Zacks Investment Research
Sentiment: Positive

Here we present four discounted PEG stocks that qualify our screening criteria, TAP, BMRN, DVN and JAZZ.

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image for news 4 Discounted PEG Stocks Offering the Best Returns to Value Investors
Better Oil Stock: Devon Energy vs. ExxonMobil
DVN, XOM
Published: February 27, 2025 by: The Motley Fool
Sentiment: Neutral

Over the past three months, West Texas Intermediate crude prices have spiked around 15% only to turn around and come back down to a roughly 4% gain. There are supply-and-demand and geopolitical reasons for the price move, but the truth is that this type of volatility isn't uncommon in the energy sector.

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image for news Better Oil Stock: Devon Energy vs. ExxonMobil
DVN vs. EOG: Which Stock Is the Better Value Option?
DVN, EOG
Published: February 25, 2025 by: Zacks Investment Research
Sentiment: Neutral

Investors interested in Oil and Gas - Exploration and Production - United States stocks are likely familiar with Devon Energy (DVN) and EOG Resources (EOG). But which of these two stocks offers value investors a better bang for their buck right now?

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image for news DVN vs. EOG: Which Stock Is the Better Value Option?
Is Devon Energy Stock a Buy Now?
DVN
Published: February 24, 2025 by: The Motley Fool
Sentiment: Positive

I'll cut to the chase. Devon Energy (DVN -0.48%) is an attractive stock, but only for a specific type of investor.

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image for news Is Devon Energy Stock a Buy Now?
Devon's Q4 Earnings Beat Estimates: Right Time to Buy the Stock?
DVN
Published: February 24, 2025 by: Zacks Investment Research
Sentiment: Positive

DVN's multi-basin holdings and rising earnings estimates make it attractive. Investors should add the stock to their portfolio as it is trading at a discount and delivering strong results.

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image for news Devon's Q4 Earnings Beat Estimates: Right Time to Buy the Stock?
Why Devon Energy (DVN) is a Top Momentum Stock for the Long-Term
DVN
Published: February 24, 2025 by: Zacks Investment Research
Sentiment: Positive

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

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image for news Why Devon Energy (DVN) is a Top Momentum Stock for the Long-Term
Wall Street Analysts Think Devon Energy (DVN) Could Surge 31.42%: Read This Before Placing a Bet
DVN
Published: February 24, 2025 by: Zacks Investment Research
Sentiment: Positive

The average of price targets set by Wall Street analysts indicates a potential upside of 31.4% in Devon Energy (DVN). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

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image for news Wall Street Analysts Think Devon Energy (DVN) Could Surge 31.42%: Read This Before Placing a Bet
Should Value Investors Buy Devon Energy (DVN) Stock?
DVN
Published: February 24, 2025 by: Zacks Investment Research
Sentiment: Positive

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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image for news Should Value Investors Buy Devon Energy (DVN) Stock?
Devon Energy: Stay Away From This Value Trap
DVN
Published: February 21, 2025 by: Seeking Alpha
Sentiment: Neutral

Despite an upgrade, FY '25's outlook shows minimal production growth and limited capex guidance upside for FY '25. So higher volumes are unlikely to be a source of upside for the stock. A mixed commodities price outlook suggests a ~13% headwind impact on DVN, which, I believe, will outweigh the impact of efficiency and productivity gains. DVN vs. S&P500 technicals show a murky outlook without a clear directional bias.

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image for news Devon Energy: Stay Away From This Value Trap
Devon Q4 Earnings & Revenues Beat Estimates, Production Increases
DVN
Published: February 20, 2025 by: Zacks Investment Research
Sentiment: Positive

DVN reports better-than-expected fourth-quarter earnings and revenues. The company continues to enjoy benefits from its multi-basin assets.

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image for news Devon Q4 Earnings & Revenues Beat Estimates, Production Increases
Devon Energy's Record Production Fueled Robust Cash Flow And Cash Returns to Shareholders (Which Should Continue in 2025)
DVN
Published: February 20, 2025 by: The Motley Fool
Sentiment: Positive

Devon Energy (DVN 7.71%) recently closed the book on a record year. The oil company reported record production volumes in the fourth quarter and full year.

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image for news Devon Energy's Record Production Fueled Robust Cash Flow And Cash Returns to Shareholders (Which Should Continue in 2025)
Devon Energy Has Strong Tailwinds, Analyst Says
DVN
Published: February 19, 2025 by: Benzinga
Sentiment: Positive

Devon Energy Corporation DVN shares are trading higher on Wednesday after the company reported strong fourth-quarter results on Tuesday after the bell.

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image for news Devon Energy Has Strong Tailwinds, Analyst Says
Devon Energy Corporation (DVN) Q4 2024 Earnings Call Transcript
DVN
Published: February 19, 2025 by: Seeking Alpha
Sentiment: Neutral

Devon Energy Corporation (NYSE:DVN ) Q4 2024 Earnings Conference Call February 19, 2025 11:00 AM ET Company Participants Rick Muncrief - President and CEO Clay Gaspar - COO Jeff Ritenour - CFO John Raines - SVP E&P Asset Management Tom Hellman - SVP E&P Operations Trey Lowe - SVP Technology and CTO Rosy Zuklic - VP, IR Conference Call Participants Scott Hanold - RBC Capital Markets Neal Dingmann - Truist Securities Neil Mehta - Goldman Sachs Arun Jayaram - J.P. Morgan Paul Cheng - Scotiabank Roger Read - Wells Fargo Kevin MacCurdy - Pickering Energy Partners John Freeman - Raymond …

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image for news Devon Energy Corporation (DVN) Q4 2024 Earnings Call Transcript
Devon Energy: Oversold And On Sale Or A Value Trap? (Technical Analysis)
DVN
Published: February 19, 2025 by: Seeking Alpha
Sentiment: Positive

Devon Energy: Oversold And On Sale Or A Value Trap? (Technical Analysis)

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image for news Devon Energy: Oversold And On Sale Or A Value Trap? (Technical Analysis)
Compared to Estimates, Devon Energy (DVN) Q4 Earnings: A Look at Key Metrics
DVN
Published: February 18, 2025 by: Zacks Investment Research
Sentiment: Neutral

While the top- and bottom-line numbers for Devon Energy (DVN) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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image for news Compared to Estimates, Devon Energy (DVN) Q4 Earnings: A Look at Key Metrics
An Important Warning For Dividend Investors
AMLP, ARCC, ARE, BIP, BIPC, BIZD, BXP, BXSL, CEG, CVX, DVN, EPD, FANG, GBDC, MAIN, NVDA, O, PR, QQQ, REXR, SCHD, SPY, VNQ, VST, WPC
Published: February 17, 2025 by: Seeking Alpha
Sentiment: Negative

Dividend stocks may look cheap, but are they actually value traps? We uncover the truth. The REIT, energy, and BDC sectors face major headwinds—find out which stocks to avoid. Our high-yield strategy targets hidden gems while sidestepping the biggest pitfalls.

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image for news An Important Warning For Dividend Investors
With Little Moves and Big Results, Devon Energy Is Succeeding in ExxonMobil and Chevron's Shadow
DVN
Published: February 14, 2025 by: The Motley Fool
Sentiment: Positive

Devon Energy (DVN 0.74%) recently completed the acquisition of assets in the Williston Basin (in the northern central U.S.) worth roughly $5 billion. That's a tiny deal relative to the roughly $53 billion Hess (HES 0.72%) acquisition that Chevron (CVX 0.63%) is attempting to complete.

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image for news With Little Moves and Big Results, Devon Energy Is Succeeding in ExxonMobil and Chevron's Shadow
Devon Energy (DVN) Advances But Underperforms Market: Key Facts
DVN
Published: February 13, 2025 by: Zacks Investment Research
Sentiment: Negative

In the most recent trading session, Devon Energy (DVN) closed at $34.22, indicating a +0.74% shift from the previous trading day.

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image for news Devon Energy (DVN) Advances But Underperforms Market: Key Facts
How Should You Play Devon Stock Before Q4 Earnings Release?
DVN
Published: February 13, 2025 by: Zacks Investment Research
Sentiment: Positive

DVN's fourth-quarter earnings will benefit from strong production from high-margin domestic assets. Debt reduction and cost management will also act as tailwinds.

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image for news How Should You Play Devon Stock Before Q4 Earnings Release?
Devon Energy: Buy Weakness
DVN
Published: February 13, 2025 by: Seeking Alpha
Sentiment: Neutral

Devon Energy trades near multi-year lows despite stable to rising energy prices, presenting a unique investment opportunity. The company generates substantial cash flow and returns the capital to shareholders via a strong dividend and share buybacks. Devon Energy should benefit from higher natural gas prices and the potential for meaningful contribution to results after 15 years of low prices.

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image for news Devon Energy: Buy Weakness
3 Dividend Payers Also Showing Investors Substantial Dividend Growth
DVN, GPRK, VOYA
Published: February 12, 2025 by: Seeking Alpha
Sentiment: Positive

Dividend growth investing can be fruitful for income-focused investors, providing passive income that grows over time. Today, we are looking at screening criteria that include companies with at least five consecutive years of dividend growth, a minimum 20% CAGR, and a dividend payout ratio below 50%. As always, more due diligence is necessary before investing, as the screening process is a starting point for identifying potential investment opportunities.

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image for news 3 Dividend Payers Also Showing Investors Substantial Dividend Growth
These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar
COP, DVN
Published: February 12, 2025 by: Zacks Investment Research
Sentiment: Positive

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

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image for news These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar

About Devon Energy Corporation (DVN)

  • IPO Date 1985-07-22
  • Website https://www.devonenergy.com
  • Industry Oil & Gas Exploration & Production
  • CEO Clay M. Gaspar
  • Employees 2300

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 5,134 gross wells. Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.