Devon Energy Corporation (LON:0I8W)

London flag London · Delayed Price · Currency is GBP · Price in USD
44.84
-2.11 (-4.49%)
May 7, 2026, 5:12 PM GMT
Market Cap38.38B +154.9%
Revenue (ttm)12.12B -0.8%
Net Income1.72B -18.7%
EPS2.73 -17.5%
Shares Outn/a
PE Ratio22.34
Forward PE10.34
Dividend0.71 (1.59%)
Ex-Dividend DateMar 13, 2026
Volume128
Average Volume35,767
Open46.59
Previous Close46.95
Day's Range44.23 - 48.00
52-Week Range29.74 - 55.00
Beta0.53
RSI45.49
Earnings DateMay 5, 2026

About Devon Energy

Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. The company operates in Delaware Basin located in southeast New Mexico and west Texas, Eagle Ford located in North America, Anadarko Basin located in western Oklahoma, Williston Basin located in North Dakota, and Powder River Basin located in Wyoming. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma. [Read more]

Industry Oil & Gas Energy
Sector Energy
Founded 1971
Employees 2,200
Stock Exchange London Stock Exchange
Ticker Symbol 0I8W

Financial Performance

In 2025, Devon Energy's revenue was $16.04 billion, an increase of 5.71% compared to the previous year's $15.17 billion. Earnings were $2.64 billion, a decrease of -8.61%.

Financial numbers in USD Financial Statements

News

Devon Energy upgraded to Buy from Hold at Jefferies

Jefferies upgraded Devon Energy (DVN) to Buy from Hold with a price target of $62, up from $53. Pullbacks in the front of the oil curve create opportunity, and Devon

2 hours ago - TheFly

Shale producer Devon Energy approves $8 billion share buyback plan

U.S. oil and gas producer Devon Energy said on Thursday ​its board had approved a $8 ‌billion share repurchase program, a week after activist investor Kimmeridge called for higher shareholder returns.

2 hours ago - Reuters

Devon Energy Announces Capital Return Update

HOUSTON, May 07, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corporation (“Devon”) (NYSE: DVN) today announced a series of capital return actions following the successful completion of its previously announ...

4 hours ago - GlobeNewsWire

Devon Energy and Coterra Energy Complete Merger

OKLAHOMA CITY and HOUSTON, May 07, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corporation (“Devon”) (NYSE: DVN) and Coterra Energy Inc. (“Coterra”) (NYSE: CTRA) today announced the successful completion of...

12 hours ago - GlobeNewsWire

Devon Energy added to Analyst Current Favorites list at Raymond James

Raymond James analyst John Freeman added Devon Energy (DVN) to the firm’s Analyst Current Favorites list. The list contains the current favorite stock ideas from the firm’s equity analysts. An

19 hours ago - TheFly

Devon Energy Earnings Call Transcript: Q1 2026

Q1 2026 delivered $816M in free cash flow, with oil production at 387,000 bpd and capital spending 6% below guidance. The COTERRA merger is set to close, with $1B in synergies targeted and a 30% dividend increase planned. AI-driven optimization and robust asset management underpin future growth.

1 day ago - Transcripts

Devon Energy misses first-quarter profit estimates

Devon Energy missed Wall ​Street expectations ‌for first-quarter profit on Tuesday, as ​the ​U.S. shale producer was ⁠hurt by ​lower output.

2 days ago - Reuters

Devon Energy reports Q1 core EPS $1.04, consensus $1.09

The company said, “”Devon delivered another strong quarter, beating guidance across major value drivers, including oil production and capital. Our relentless focus on operational excellence and cost d...

2 days ago - TheFly

Devon Energy Reports First-Quarter 2026 Results

OKLAHOMA CITY, May 05, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the first-quarter 2026. The company also provided a second-quarter 2...

2 days ago - GlobeNewsWire

Devon Energy upgraded to Strong Buy from Outperform at Raymond James

Raymond James upgraded Devon Energy (DVN) to Strong Buy from Outperform with a price target of $72, up from $62. With the Coterra Energy merger closing, Devon has “multiple options”

2 days ago - TheFly

Devon Energy, Coterra Energy shareholders approve merger

Devon Energy (DVN) and Coterra Energy (CTRA) announced that shareholders of both companies approved all proposals required to complete the previously announced all-stock merger between Devon and Coter...

3 days ago - TheFly

Devon Energy and Coterra Energy Shareholders Approve Merger

OKLAHOMA CITY and HOUSTON, May 04, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corporation (“Devon”) (NYSE: DVN) and Coterra Energy Inc. (“Coterra”) (NYSE: CTRA) today announced that shareholders of both co...

3 days ago - GlobeNewsWire

Devon Energy Transcript: AGM 2026

Stockholders approved both the issuance of shares for the Coterra merger and the increase in authorized shares, with strong majorities. Management expects the merger to close within three days, citing no outstanding regulatory hurdles.

3 days ago - Transcripts

Veeva Systems Set to Join S&P 500

NEW YORK, April 30, 2026 /PRNewswire/ -- Veeva Systems Inc. (NYSE: VEEV) will replace Coterra Energy Inc. (NYSE: CTRA) in the S&P 500 effective prior to the opening of trading on Thursday, May 7. S&P ...

7 days ago - PRNewsWire

Veeva to replace Coterra Energy in the S&P 500 at open on May 7

Veeva Systems (VEEV) will replace Coterra Energy (CTRA) in the S&P 500 effective prior to the opening of trading on Thursday, May 7. S&P 500 constituent Devon Energy Corp. (DVN)

7 days ago - TheFly

Devon Energy price target raised to $57 from $50 at Roth Capital

Roth Capital analyst Nick Pope raised the firm’s price target on Devon Energy (DVN) to $57 from $50 and keeps a Buy rating on the shares. The firm anticipates the

9 days ago - TheFly

Investor Kimmeridge urges Devon to pursue asset sales after Coterra merger

Kimmeridge on Tuesday urged shale producer Devon Energy's incoming board to ​swiftly pursue asset sales, improve capital allocation ‌and revamp executive pay to boost shareholder returns after its mer...

9 days ago - Reuters

"Time for Action": Kimmeridge Releases Letter to the Future Board of Devon Energy

NEW YORK, April 28, 2026 /PRNewswire/ -- Kimmeridge, a private investment firm focused on the energy sector, today released an open letter to the future Board of Devon Energy ahead of the closing of i...

9 days ago - PRNewsWire

Devon Energy price target raised to $57 from $53 at BofA

BofA analyst Kalei Akamine raised the firm’s price target on Devon Energy (DVN) to $57 from $53 and keeps a Buy rating on the shares. The firm is updating its

10 days ago - TheFly

“He's Not Done Yet!” - Oil Company Valuations Rise As Scale And Scarcity Drive Consolidation

The Iran conflict has certainly changed short term oil prices, amongst a whole lot of other things, in the past two months. Before that, however, oil prices did not send a particularly strong signal h...

13 days ago - Forbes

Devon Energy call volume above normal and directionally bullish

Bullish option flow detected in Devon Energy (DVN) with 15,427 calls trading, 4x expected, and implied vol increasing over 1 point to 41.87%. 5/29 weekly 50 calls and Dec-26 65

14 days ago - TheFly

Devon Energy price target raised to $46 from $41 at Scotiabank

Scotiabank raised the firm’s price target on Devon Energy (DVN) to $46 from $41 and keeps a Sector Perform rating on the shares. The firm is updating its price targets

15 days ago - TheFly

Devon Energy price target raised to $66 from $51 at Wells Fargo

Wells Fargo raised the firm’s price target on Devon Energy (DVN) to $66 from $51 and keeps an Overweight rating on the shares. The firm expects an in-line Q1 operational

17 days ago - TheFly

Devon Energy call volume above normal and directionally bullish

Bullish option flow detected in Devon Energy (DVN) with 51,464 calls trading, 3x expected, and implied vol increasing over 1 point to 39.51%. May-26 45 calls and May-26 52.5 calls

20 days ago - TheFly

Devon Energy price target lowered to $60 from $61 at UBS

UBS lowered the firm’s price target on Devon Energy (DVN) to $60 from $61 and keeps a Buy rating on the shares. Published first on TheFly – the ultimate source

23 days ago - TheFly