Devon Energy Corporation (DVN)

NYSE: DVN · Real-Time Price · USD
40.21
+0.27 (0.68%)
At close: Jan 30, 2026, 4:00 PM EST
40.16
-0.05 (-0.12%)
After-hours: Jan 30, 2026, 7:59 PM EST
0.68%
Market Cap25.22B +3.3%
Revenue (ttm)16.55B +13.9%
Net Income2.72B -20.1%
EPS4.24 -21.6%
Shares Out 627.30M
PE Ratio9.47
Forward PE12.18
Dividend$0.96 (2.40%)
Ex-Dividend DateDec 15, 2025
Volume11,348,971
Open39.61
Previous Close39.94
Day's Range39.13 - 40.38
52-Week Range25.89 - 41.31
Beta0.65
AnalystsBuy
Price Target43.53 (+8.26%)
Earnings DateFeb 17, 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. 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]

Sector Energy
Founded 1971
Employees 2,300
Stock Exchange NYSE
Ticker Symbol DVN
Full Company Profile

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 Statements

Analyst Summary

According to 20 analysts, the average rating for DVN stock is "Buy." The 12-month stock price target is $43.53, which is an increase of 8.26% from the latest price.

Price Target
$43.53
(8.26% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Coterra Energy and Devon Energy in advanced talks to merge, source says

Coterra Energy and Devon Energy could announce an agreement to merge as soon as next week, in what would be the largest oil and gas deal in the U.S. shale industry in almost two years, a source famili...

Other symbols: CTRA
1 day ago - Reuters

Devon Energy Has Continued Room To Grow

Devon Energy demonstrates robust capital efficiency, achieving double-digit FCF yields and consistent production growth with disciplined U.S.-focused operations. DVN has reduced capital spending by $4...

7 days ago - Seeking Alpha

Devon Energy: A Coterra Deal Is The Good Move

Devon Energy earns a Buy rating as operational optimization and deleveraging drive resilience amid low crude prices and industry headwinds. DVN's potential merger with Coterra Energy could address inv...

9 days ago - Seeking Alpha

10 Undervalued Dividend Stocks for 2026

#StockPicks #DividendStocks #DividendInvesting Morningstar's Chief US Market Strategist shares his current dividend-paying picks. The 10 Best Dividend Stocks https://www.morningstar.com/stocks/10-best...

Other symbols: CLXDOCDUKETKEYKHCLNT
11 days ago - Morningstar

Exclusive: US shale producers Devon Energy and Coterra Energy in merger talks, sources say

Devon Energy and Coterra Energy are exploring a potential merger, potentially creating one of the largest independent U.S. shale producers, people familiar with the matter said.

Other symbols: CTRA
15 days ago - Reuters

Devon Energy Schedules Fourth-Quarter 2025 Earnings Release and Conference Call

OKLAHOMA CITY, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report fourth-quarter 2025 results on Tuesday, Feb. 17, after the close of U.S. financial market...

18 days ago - GlobeNewsWire

Devon Energy Corporation (DVN) Presents at Goldman Sachs Energy, CleanTech & Utilities Conference Transcript

Devon Energy Corporation (DVN) Presents at Goldman Sachs Energy, CleanTech & Utilities Conference Transcript

24 days ago - Seeking Alpha

I've Never Been More Bullish On This Overlooked De-Dollarization Market Shift

A massive global de-dollarization shift is quietly accelerating beneath the surface. Asset prices are sending a message most investors haven't noticed. I share how my portfolio is changing in response...

Other symbols: BAMBIPBIPCBNBXCVXENB
27 days ago - Seeking Alpha

Devon Energy: An Oil Company With An AI Obsession

Devon Energy (DVN) is aggressively integrating AI, notably ChatDVN 3.0, to optimize drilling, production, and operational efficiency across its portfolio. DVN's AI-driven gas lift optimization and par...

4 weeks ago - Seeking Alpha

Final Trade: RIVN, AMZN, SNAP, DVN

The final trades of the day with the 'Fast Money' traders.

Other symbols: AMZNRIVNSNAP
4 weeks ago - CNBC Television

Why Oil Stocks Are Worth a Bet in 2026

Energy shares rose in 2025 despite lower crude prices, a sign of potential strength in the year ahead.

Other symbols: BNODBOGUSHIEOOIHPXJUCO
4 weeks ago - Barrons

Devon Energy to Participate in Upcoming Conference

OKLAHOMA CITY, Dec. 30, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced Clay Gaspar, President and CEO will participate in a panel at the Goldman Sachs Energy, Cleantech, & Uti...

4 weeks ago - GlobeNewsWire

Energy Is, By Far, My Favorite Sector For 2026

Energy badly lagged this year, and I underestimated how severe the supply glut would be. I was early - but the long-term thesis remains firmly intact. Today's oil prices aren't sustainable. Low prices...

Other symbols: AMARCNQCVXETEXEFANG
5 weeks ago - Seeking Alpha

Top Wall Street analysts are upbeat on these 3 dividend stocks for enhanced returns

TipRanks' ranking service discusses three dividend-paying stocks, including Devon Energy and CVS Health.

Other symbols: CVSEOG
6 weeks ago - CNBC

Devon: Deep Value Buy Supported By Capital Efficiency/Higher Gas Prices

DVN continues to offer a deep-value Buy thesis, driven by the overly discounted valuations against its upstream/diversified oil/gas peers and the increasingly healthier balance sheet. The lowered cape...

7 weeks ago - Seeking Alpha

Renewed Momentum in Energy Stocks Suggests Sustainable Upswing. Which Charts Look Best?

Technical indicators of oil and gas producers in the U.S. and Canada are flashing green.

Other symbols: OIHSDSUXLEXOP
2 months ago - Barrons

Devon Energy: Still The Best Opportunity In U.S. Oil That I'm Buying

Devon Energy remains a Strong Buy, driven by efficient operations, robust free cash flow, debt reductions, and proactive management amid volatile markets. DVN delivered solid Q3 results, exceeding gui...

2 months ago - Seeking Alpha

My Biggest Energy Call In Years - And Almost Everyone Is Missing It

Texas Pacific Land Corporation, LandBridge Company LLC, and WaterBridge Infrastructure LLC are poised to benefit from the next phase of U.S. shale, dubbed "shale 4.0." Innovative extraction technologi...

Other symbols: CVXHPLBOKEOXYTPLWBI
2 months ago - Seeking Alpha

Devon Energy: Undervalued Energy Stock That's Poised For Upside

Devon Energy (DVN) is undervalued at 8x earnings, with strong shale assets and robust Q3 results highlighting efficient management and profitability. DVN stands out versus peers like Chevron and Exxon...

3 months ago - Seeking Alpha

Devon Energy: Low Energy Price Opportunity

Devon Energy Corporation remains an ultra-bullish pick, delivering strong cash flows and capital returns despite slumping oil prices and multi-year stock lows. DVN beat Q3 '25 EPS estimates, improved ...

3 months ago - Seeking Alpha

Devon Energy Corporation (DVN) Q3 2025 Earnings Call Transcript

Devon Energy Corporation ( DVN) Q3 2025 Earnings Call November 6, 2025 11:00 AM EST Company Participants Christopher Carr Clay Gaspar - President, CEO & Director Jeffrey Ritenour - Executive VP & CFO...

3 months ago - Seeking Alpha

Devon Energy beats third-quarter profit estimates

Devon Energy surpassed Wall Street expectations for third-quarter profit on Wednesday, as the U.S. shale producer benefited from higher output.

3 months ago - Reuters

Devon Energy Reports Third-Quarter 2025 Results and Declares Quarterly Dividend

OKLAHOMA CITY, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the third-quarter 2025. The company also declared its quarterly div...

3 months ago - GlobeNewsWire

Devon Energy: Profit From Cost Control And FCF Growth

Devon Energy Corporation is rated a "Buy," supported by a competitive cost structure and new long-term natural gas contracts. DVN benefits from a low break-even oil production cost, outperforming sect...

3 months ago - Seeking Alpha

Devon Energy Appoints Brent J. Smolik to Board of Directors

OKLAHOMA CITY, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) announced today that Brent J. Smolik has joined its Board of Directors effective Oct. 1. Mr. Smolik is the former presid...

4 months ago - GlobeNewsWire