Devon Energy Corporation (DVN)
| Market Cap | 54.23B +143.7% |
| Revenue (ttm) | 18.78B +15.3% |
| Net Income | 3.28B +15.3% |
| EPS | 4.66 +5.1% |
| Shares Out | 1.15B |
| PE Ratio | 10.11 |
| Forward PE | 9.30 |
| Dividend | $1.28 (2.71%) |
| Ex-Dividend Date | Sep 15, 2026 |
| Volume | 7,591,443 |
| Open | 46.03 |
| Previous Close | 46.04 |
| Day's Range | 45.78 - 47.19 |
| 52-Week Range | 31.47 - 52.71 |
| Beta | 0.43 |
| Analysts | Strong Buy |
| Price Target | 60.39 (+28.05%) |
| Est. Earnings | Nov 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 29 analysts, the average rating for DVN stock is "Strong Buy." The 12-month stock price target is $60.39, which is an increase of 28.05% from the latest price.
News
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.
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...