Devon Energy Corporation (DVN)
| Market Cap | 51.04B +144.6% |
| Revenue (ttm) | 18.78B +15.3% |
| Net Income | 3.28B +15.3% |
| EPS | 4.66 +5.1% |
| Shares Out | 1.15B |
| PE Ratio | 9.52 |
| Forward PE | 8.48 |
| Dividend | $1.28 (2.88%) |
| Ex-Dividend Date | Sep 15, 2026 |
| Volume | 9,046,716 |
| Open | 44.25 |
| Previous Close | 44.86 |
| Day's Range | 43.65 - 44.53 |
| 52-Week Range | 31.47 - 52.71 |
| Beta | 0.42 |
| Analysts | Strong Buy |
| Price Target | 59.73 (+34.56%) |
| Earnings Date | Aug 4, 2026 |
About DVN
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 Houston, Texas.
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 StatementsAnalyst Summary
According to 27 analysts, the average rating for DVN stock is "Strong Buy." The 12-month stock price target is $59.73, which is an increase of 34.56% from the latest price.
News
Devon Energy Earnings Call Transcript: Q2 2026
Q2 saw strong operational and financial performance, with production and free cash flow exceeding guidance, rapid integration of the Coterra merger, and significant progress on synergies and debt reduction. The company enhanced its Permian position, tightened 2026 guidance, and remains focused on technology-driven efficiency and shareholder returns.
Devon Energy Earnings release: Q2 2026
Devon Energy released its Q2 2026 earnings on August 5, 2026, summarizing the period's financial results.
Devon Energy Slides: Q2 2026
Devon Energy has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 5, 2026.
Devon Energy Quarterly report: Q2 2026
Devon Energy has published its Q2 2026 quarterly earnings report on August 5, 2026.
US shale producer Devon Energy tops second-quarter profit estimates
Devon Energy on Tuesday reported its highest quarterly profit since 2022, surpassing Wall Street expectations, as a surge in crude oil prices and higher production following its merger with Cot...
Devon Energy Reports Second-Quarter 2026 Results
HOUSTON, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the second-quarter 2026. The company also provided a third-quarter 2026 o...
HXMX's AI Matches Expert Geoscientists in Williston Basin Case Study with Devon Energy
OKLAHOMA CITY & GOLDEN, Colo.--(BUSINESS WIRE)--Devon Energy and HXMX will present joint research at IMAGE 2026 showing that an automated interpretation platform can pick formation tops as reliably as...
Devon Energy mulls $4 billion sale of Eagle Ford, Powder River assets, Bloomberg News reports
U.S. oil and gas producer Devon Energy is weighing a potential sale of its Eagle Ford and Powder River shale assets that could fetch more than $4 billion, Bloomberg News reported on Friday, citing p...
Top 10 Dividend Stocks to Buy in 2026
In this bonus episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski talk dividend stock investing. They unpack the performance of dividend stocks during the first half of 20...
Devon Energy Schedules Second-Quarter 2026 Earnings Release and Conference Call
OKLAHOMA CITY, July 01, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report second-quarter 2026 results on Tuesday, August 4, after the close of U.S. financial marke...
Devon Energy Transcript: AGM 2026
The meeting confirmed quorum and proceeded with the election of directors, auditor ratification, and an advisory vote on executive compensation, all of which passed with strong majorities. No questions were received from stockholders during the session.
Devon Announces Expiration and Final Results of its Private Exchange Offers and Consent Solicitations
HOUSTON, June 24, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corporation (NYSE: DVN) (“Devon”) today announced the final results of its previously announced offers to Eligible Holders (as defined herein) t...
Devon Energy Transcript: J.P. Morgan Energy, Power & Renewables Conference 2026
The merger created a dominant Delaware Basin operator with rapid integration and a $1 billion synergy target. Capital is being allocated to top assets, with increased dividends, expanded buybacks, and a focus on debt reduction. AI-driven optimization and a comprehensive asset review support strong future value creation.
Activist TOMS Capital pushes US shale producer Devon to quicken asset sales or sell itself, sources say
Activist investor TOMS Capital Investment Management has acquired a sizable stake in Devon Energy and is pressing the U.S. shale operator to sell assets or put itself up for sale, five people familia...
Devon Energy CEO Clay Gaspar to Participate in a Fireside Chat at the J.P. Morgan Energy, Power, Renewables & Mining Conference
HOUSTON, June 16, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced Clay Gaspar, President and CEO will participate in a fireside chat at the J.P. Morgan Energy, Power, Renewable...
Devon Energy stock jumps 6% as analysts back Coterra integration
Devon Energy (NYSE: DVN) shares climbed more than 6% on Wednesday after analysts responded positively to the company's latest operational update and outlook following its acquisition of Coterra Energy...
Devon Energy provides full-year forecast after merger with Coterra Energy
Devon Energy on Tuesday said it expects production to average 1.38 million barrels of oil equivalent per day in 2026, including oil output of 500,000 barrels per day, following the completion of...
Devon Energy Provides Updated 2026 Outlook
HOUSTON, June 09, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today provided an updated outlook for the combined company following the recent completion of its transformative merger with C...
Marcellus Assets Create New Financing Possibilities
Just a few short weeks after completing a $58B merger with Coterra Energy earlier in May, Devon Energy received an offer of $8B for its shale assets in the Marcellus region of Pennsylvania. The offer,...
Devon Announces Results of Early Participation in Private Exchange Offers and Consent Solicitations and Extension of Deadline to Receive Total Exchange Consideration
HOUSTON, June 08, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corporation (NYSE: DVN) (“Devon”) today announced that, in connection with the previously announced offers to Eligible Holders (as defined herei...
Exclusive: Devon Energy gets $8 billion offer for Marcellus position, sources say
Devon Energy has received a roughly $8 billion offer from money manager Stone Ridge Asset Management for its Marcellus shale assets, four people familiar with the matter said.
Devon Energy Proxy statement: Proxy filing
Devon Energy filed a proxy statement on May 28, 2026, providing details for shareholder voting and corporate governance matters.
Devon Commences Private Exchange Offers and Coterra Commences Consent Solicitations
HOUSTON, May 22, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corporation (NYSE: DVN) (“Devon”) and Coterra Energy Inc. (formerly NYSE: CTRA) (“Coterra”) today announced that, in connection with the complete...