Devon Energy Corporation (DVN)
| Market Cap | 55.49B +150.0% |
| Revenue (ttm) | 18.78B +15.3% |
| Net Income | 3.28B +15.3% |
| EPS | 4.66 +5.1% |
| Shares Out | 1.15B |
| PE Ratio | 10.35 |
| Forward PE | 9.22 |
| Dividend | $1.28 (2.65%) |
| Ex-Dividend Date | Sep 15, 2026 |
| Volume | 6,374,975 |
| Open | 48.83 |
| Previous Close | 48.92 |
| Day's Range | 48.13 - 49.25 |
| 52-Week Range | 31.47 - 52.71 |
| Beta | 0.54 |
| Analysts | Strong Buy |
| Price Target | 60.96 (+26.32%) |
| Earnings Date | Nov 5, 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 28 analysts, the average rating for DVN stock is "Strong Buy." The 12-month stock price target is $60.96, which is an increase of 26.32% from the latest price.
News
Devon Energy Sells Eagle Ford Assets to Crescent Energy for $4.2 Billion
President and CEO Clay Gaspar said the deal is the outcome of an ongoing portfolio review and sharpens the company's focus on its highest-return and longest-duration assets.
Devon Energy Announces Agreement to Exit the Eagle Ford for $4.2 Billion
Transaction high-grades Devon's portfolio, monetizes at an attractive valuation and enhances financial flexibility Transaction high-grades Devon's portfolio, monetizes at an attractive valuation and e...
Devon Energy Schedules Third-Quarter 2026 Earnings Release and Conference Call
HOUSTON, Oct. 07, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report third-quarter 2026 results on Thursday, November 5, after the close of U.S. financial markets. ...
These Energy Companies Put Oklahoma City on the Map. Now They're Moving to Texas.
The departures of Devon Energy and Expand Energy are the latest sign that oil-and-gas mergers are consolidating the industry in Houston.
BP eyes Devon Energy asset amid renewed US M&A ambitions, sources say
BP is weighing a potential acquisition of Devon Energy's operations in South Texas as part of renewed efforts by the British supermajor to grow its shale asset base in the United States, people fami...
Why Toms Capital wants Devon Energy to consider a sale
Devon Energy (DVN) shares are pushing higher this morning following reports that activist hedge fund Toms Capital Management is urging the oil and gas producer to explore strategic alternatives, inclu...
Activist Toms Capital urges Devon Energy in letter to explore alternatives, including a sale
Activist hedge fund Toms Capital Management sent a letter earlier this month to Devon Energy urging the Houston-based oil and gas company to review strategic alternatives, including a sale.
WhiteWater-led venture approves Permian-to-Texas gas pipeline project
Infrastructure company WhiteWater and its joint venture partners Devon Energy , MPLX , Diamondback Energy and Western Midstream Partners said on Monday they had reached a final investment decision (...
Integrating The Delaware Basin: Devon Energy Reaches Final Investment Decision on Solitude Pipeline System
HOUSTON, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corporation (NYSE: DVN) today announced a positive Final Investment Decision (“FID”) on the Solitude Pipeline System, a WhiteWater-led joint ven...
SOLITUDE PIPELINE SYSTEM REACHES FINAL INVESTMENT DECISION TO TRANSPORT GAS FROM THE PERMIAN BASIN TO THE GULF COAST
AUSTIN, Texas, Aug. 17, 2026 /PRNewswire/ -- WhiteWater today announced that it, together with Devon Energy Corporation (NYSE: DVN), MPLX LP (NYSE: MPLX), Diamondback Energy, Inc. (NASDAQ: FANG) and W...
Devon Energy Earnings Call Transcript: Q2 2026
Q2 saw strong operational and financial performance, with $1.7B in adjusted free cash flow, production and cost metrics exceeding guidance, and rapid integration of Coterra. Permian inventory was enhanced, technology and AI are driving efficiencies, and a robust capital return program is underway.
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.
