Devon Energy Corporation (DVN)
| Market Cap | 18.63B |
| Revenue (ttm) | 15.17B |
| Net Income (ttm) | 2.89B |
| Shares Out | 648.55M |
| EPS (ttm) | 4.56 |
| PE Ratio | 6.30 |
| Forward PE | 6.26 |
| Dividend | $1.31 (4.56%) |
| Ex-Dividend Date | Mar 14, 2025 |
| Volume | 10,642,821 |
| Open | 29.16 |
| Previous Close | 28.23 |
| Day's Range | 28.09 - 29.24 |
| 52-Week Range | 25.89 - 54.04 |
| Beta | 1.55 |
| Analysts | Buy |
| Price Target | 46.75 (+62.72%) |
| Earnings Date | May 6, 2025 |
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. It 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]
Financial Performance
In 2024, Devon Energy's revenue was $15.17 billion, an increase of 5.16% compared to the previous year's $14.43 billion. Earnings were $2.89 billion, a decrease of -22.84%.
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for DVN stock is "Buy." The 12-month stock price forecast is $46.75, which is an increase of 62.72% from the latest price.
News
Devon Energy's 15% Free Cash Flow Yield Is Too Appealing Not To Buy
Devon Energy is rated a BUY with a $40/share target, driven by potential upside in natural gas prices and undervaluation due to recent selling pressure. Domestic natural gas demand is expected to rise...
Why Devon Energy Checks Off Many Boxes Right Now
Devon Energy Corporation offers a compelling value opportunity with a forward PE of 7.6x, a 3.6% dividend yield, and 9% dividend growth. DVN's robust production growth, efficient capital deployment, a...
Devon Energy's Recovery Is Well Deserved - Richer Return Prospects Ahead
Devon Energy remains inherently discounted compared to its peers despite the recent bounce, thanks to its growing production capacity and richer profit margins. Thanks to the still healthy balance she...
Buy, Baby, Buy: My 12 Favorite Energy Stocks For What's Next
Energy stocks are proving their strength, outperforming the market despite oil price stagnation. Structural shifts, deglobalization, and inflation favor long-term upside. Shale growth is slowing, and ...
Devon Energy Schedules First-Quarter 2025 Earnings Release and Conference Call
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....
These two quality stocks are trading well below their historical multiples
Trump tariffs and the related fears of a recession ahead pushed the S&P 500 index into correction territory this month, creating quite a few buying opportunities in the process. But some of the names ...
John Krenicki Jr. to Retire from Devon Energy Board of Directors
OKLAHOMA CITY, March 05, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) announced today that John Krenicki Jr. is retiring from the company's board of directors at the end of his current term...
The Big 3: DOW, DVN, BIDU
"Diamonds in the rough" are what Alan Knuckman aims to find on today's Big 3. He talks about why he's watching Baidu (BIDU), Devon Energy (DVN) and Dow Chemical (DOW) and offers example options trades...
Devon Energy: Stop, In The Name Of Love (Maintaining The Rating)
Devon Energy is undervalued and offers significant growth and income potential due to its high-quality rock positions and shareholder-friendly capital returns. The company exceeded Q4 production guida...
Devon Energy Is One Of The Few Growing Oil Companies
Devon Energy is focused on aggressively growing production, both into 2024, along with double-digit growth into 2025. The company has a strong dividend that it's increasing, and it plans to continue i...
Devon Energy: Stay Away From This Value Trap
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 commod...
Devon Energy Has Strong Tailwinds, Analyst Says
Devon Energy Corporation DVN shares are trading higher on Wednesday after the company reported strong fourth-quarter results on Tuesday after the bell.
Devon Energy Corporation (DVN) Q4 2024 Earnings Call Transcript
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 Ra...
Devon Energy: Oversold And On Sale Or A Value Trap? (Technical Analysis)
Devon Energy: Oversold And On Sale Or A Value Trap? (Technical Analysis)
The More It Drops, The More Buffett And I Buy
Buffett and I are both doubling down on a sector that has lagged the market recently. This sector is filled with stocks that trade at deep discounts with strong balance sheets and rising dividends. He...
Why Occidental and Devon stock are 'attractive' energy stocks: Portfolio Manager
Tortoise Senior Portfolio Manager & Managing Director Rob Thummel joins Asking for a Trend to analyze the oil and gas sector, as Occidental (OXY) stock declines while Diamondback Energy (FANG) gains f...
Devon Energy Reports Fourth-Quarter 2024 Results and Declares and Raises Quarterly Dividend
OKLAHOMA CITY, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the fourth-quarter 2024. The company also declared its quarterly di...
An Important Warning For Dividend Investors
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 ...
The Silent Wealth Killer: My Go-To Dividend Stocks To Beat Inflation
Inflation erodes purchasing power, making it crucial to invest in equities, which historically outperform cash over the long term despite volatility. My thesis is that inflation will stay "higher for ...
Devon Energy: Buy Weakness
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 shar...
3 Dividend Payers Also Showing Investors Substantial Dividend Growth
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 ...
Final Trade: ET, UNG, LYFT, DVN
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Final Trades: Trade Desk, Leidos Holdings, Astrazeneca and Devon Energy
The Investment Committee give you their top stocks to watch for the second half.
Devon Energy: Shares Washed Out And Undervalued Heading Into Earnings
Devon Energy is rated a buy due to its compelling valuation, despite a 25% decline since August 2024 and recent oil price drops. Q3 2024 results showed strong production and revenue growth, beating es...