Devon Energy Corporation (DVN)

NYSE: DVN · Real-Time Price · USD
35.54
+0.46 (1.31%)
Sep 4, 2025, 1:11 PM - Market open
1.31%
Market Cap22.56B
Revenue (ttm)16.11B
Net Income (ttm)2.84B
Shares Out 634.80M
EPS (ttm)4.44
PE Ratio8.00
Forward PE9.30
Dividend$0.96 (2.70%)
Ex-Dividend DateSep 15, 2025
Volume2,191,191
Open34.93
Previous Close35.08
Day's Range34.67 - 35.60
52-Week Range25.89 - 43.47
Beta1.14
AnalystsBuy
Price Target44.32 (+24.71%)
Earnings DateNov 4, 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]

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 21 analysts, the average rating for DVN stock is "Buy." The 12-month stock price target is $44.32, which is an increase of 24.71% from the latest price.

Price Target
$44.32
(24.71% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Devon Energy Corporation (DVN) Presents At Barclays 39th Annual CEO Energy-Power Conference 2025 Transcript

Devon Energy Corporation (NYSE:DVN) Barclays 39th Annual CEO Energy-Power Conference 2025 September 3, 2025 9:45 AM EDT Company Participants Clay Gaspar - President, CEO & Director Conference Call Pa...

1 day ago - Seeking Alpha

Undercovered Dozen: MSTY, Devon Energy, D-Wave Quantum, OMAH, And More

The Undercovered Dozen spotlights 12 lesser-known stocks and ETFs, offering fresh investment ideas and sparking community discussion. AMLP, YMAX, NIO, Devon Energy, STRK, and Canadian Natural Resource...

Other symbols: OMAHQBTSMSTY
2 days ago - Seeking Alpha

3 Oil Stocks That Could Surge Soon

High-quality oil stocks like Schlumberger, Halliburton, and Devon Energy have seen significant declines but likely bottomed in early April. Oil prices are unlikely to stay depressed, with potential fo...

Other symbols: HALSLB
8 days ago - Seeking Alpha

30 Stocks That Could Rally 30% or More

Analysts say these S&P 500 stocks have at least 30% price upside over the next year or so.

10 days ago - Kiplinger

Devon Energy: The Best Opportunity In US Oil Today That I'm Buying

Devon Energy is a highly efficient, low-cost US oil and gas producer with strong growth, capital discipline, and proactive management amid volatile markets. Significant recent investments and acquisit...

10 days ago - Seeking Alpha

Devon Energy: Mispriced Upstream Play For Deep Value Investors

Devon Energy has been able to prove its excellent upstream thesis, with the improved capital efficiency and the higher production outputs well balancing the lower spot prices. Thanks to the OPEC+ acce...

11 days ago - Seeking Alpha

Devon Energy: Maintaining Free Cash Flow Despite The Decline In Oil

Devon Energy has maintained a strong free cash flow yield despite lower oil prices, thanks to improved operating efficiency and disciplined capital spending. The company is positioned to grow free cas...

13 days ago - Seeking Alpha

Devon Energy: Growth Ahead

Devon Energy continues to beat guidance, demonstrating strong capital efficiency and robust free cash flow generation, making it an attractive investment. The company is committed to shareholder retur...

13 days ago - Seeking Alpha

Devon Energy to Participate in a Fireside Chat at the Barclays 39th Annual CEO Energy & Power Conference

OKLAHOMA CITY, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced Clay Gaspar, President and CEO will participate in a fireside chat at the Barclays 39th Annual CEO Energ...

15 days ago - GlobeNewsWire

British Gas owner Centrica enters natural gas deal with US-based Devon Energy

British Gas owner Centrica said on Friday it has entered into a natural gas agreement with Devon Energy , in which the U.S.-based firm will supply an equivalent to five LNG cargoes per year over a 10-...

20 days ago - Reuters

Devon Energy Corporation (DVN) Q2 2025 Earnings Call Transcript

Devon Energy Corporation (NYSE:DVN) Q2 2025 Earnings Call August 6, 2025 11:00 AM ET Company Participants Clay M. Gaspar - President, CEO & Director Jeffrey L.

23 days ago - Seeking Alpha

LandBridge Announces Long-Term Surface Use and Pore Space Reservation Agreement with Devon Energy

HOUSTON--(BUSINESS WIRE)--LandBridge Company LLC (NYSE: LB) (“LandBridge”) today announced it has executed a 10-year surface use and pore space reservation agreement with Devon Energy Corp. (NYSE: DVN...

Other symbols: LB
4 weeks ago - Business Wire

Devon Energy misses second-quarter profit estimates on weak oil prices

Shale producer Devon Energy narrowly missed Wall Street expectations for second-quarter profit on Tuesday, as weaker commodity prices offset a rise in output.

4 weeks ago - Reuters

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

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

4 weeks ago - GlobeNewsWire

Final Trade: TCEHY, QQQ, AAPL, DVN

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Other symbols: AAPLQQQ
5 weeks ago - CNBC Television

Devon Energy's Stock Swoon: Could This Permian Producer Become A Prime M&A Target?

Devon Energy's stock has dropped 32% over the past year and its relatively small enterprise value (~$28.8 billion) may make it a prime takeover candidate. That said, Devon's Q1 report was solid, with ...

6 weeks ago - Seeking Alpha

Devon Energy: Q2 Earnings On Tap, Shares Consolidating With Mid-$60s Oil

Devon Energy remains undervalued, trading at just 8.2x earnings, below its historical average and sector peers, supporting my continued buy rating. Recent results were mixed: Q1 revenue beat expectati...

6 weeks ago - Seeking Alpha

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

OKLAHOMA CITY, June 25, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report second-quarter 2025 results on Tuesday, August 5, after the close of U.S. financial marke...

2 months ago - GlobeNewsWire

Devon Energy Corporation (DVN) Presents at J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference Transcript

Devon Energy Corporation (NYSE:DVN) J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference June 24, 2025 10:20 AM ET Company Participants Clay Gaspar - President, CEO & Director Conference Ca...

2 months ago - Seeking Alpha

20 oil stocks passing a quality screen as Investors wonder what Iran will do next

Nobody knows how badly the international oil market might be disrupted by Iran. But if you want to take advantage of the uncertainty, a screen encompassing debt levels and cash flow can limit your ris...

2 months ago - Market Watch

Devon Energy: A Capital Return Play

Devon Energy benefits from surging petroleum prices due to the Middle East turmoil, boosting its earnings and free cash flow outlook. The company's multi-basin production strategy and aggressive capit...

2 months ago - Seeking Alpha

Devon Energy Remains Heavily Undervalued

Devon Energy remains undervalued despite recent weakness in oil prices, presenting a compelling investment opportunity. The company's growth initiatives and capital improvements position it well for l...

2 months ago - Seeking Alpha

It's not drill baby drill anymore, it's cash baby cash, says G Squared's Victoria Greene

Victoria Greene, G Squared Private Wealth CIO, joins 'The Exchange' to discuss her energy playbook.

Other symbols: COPXOMWMB
2 months ago - CNBC Television

Devon Energy to Participate in a Fireside Chat at the J.P. Morgan Energy, Power, Renewables & Mining Conference

OKLAHOMA CITY, June 12, 2025 (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, Ren...

3 months ago - GlobeNewsWire

Devon Energy: Creating Value With Low Oil Prices

I am rating Devon Energy with a Buy and a $40 price target based on historical valuations of a 4.8x EV/EBITDA multiple, assuming an average realized oil price of $62. Devon is generating value by redu...

Other symbols: BNODBOGUSHIEOOIHPXJUCO
3 months ago - Seeking Alpha