Devon Energy Corporation (DVN)
| Market Cap | 24.31B |
| Revenue (ttm) | 15.17B |
| Net Income (ttm) | 2.89B |
| Shares Out | 648.55M |
| EPS (ttm) | 4.56 |
| PE Ratio | 8.22 |
| Forward PE | 7.59 |
| Dividend | $1.31 (3.40%) |
| Ex-Dividend Date | Mar 14, 2025 |
| Volume | 11,272,284 |
| Open | 38.25 |
| Previous Close | 38.55 |
| Day's Range | 37.35 - 38.65 |
| 52-Week Range | 30.39 - 55.09 |
| Beta | 2.02 |
| Analysts | Buy |
| Price Target | 49.68 (+32.52%) |
| Earnings Date | Feb 18, 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, Eagle Ford, Anadarko, Williston, and Powder River Basins. The company 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 $49.68, which is an increase of 32.52% from the latest price.
News
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)
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Why Occidental and Devon stock are 'attractive' energy stocks: Portfolio Manager
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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...
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Devon Energy: Buy Weakness
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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...
Buy The Dip: Big Dividends Getting Way Too Cheap
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Devon Energy Announces Updates to Executive Leadership Team
OKLAHOMA CITY, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corporation (NYSE: DVN) today announced key updates to its executive leadership team.
Devon Energy: A Top Energy Rebound Play For 2025
Devon Energy's acquisition of new acreage and focus on share buybacks, along with $70+ petroleum prices, make it an attractive long-term investment. Despite a 23% decline in core earnings in Q3, due t...
Devon Energy: A Turnaround Story In The Making
Devon Energy is rated a BUY due to its counter-cyclical investment opportunity and significant free cash flow growth from the Grayson Mill acquisition. The market has completely forgotten about the GM...
Devon Energy Schedules Fourth-Quarter and Full-Year 2024 Earnings Release and Conference Call
OKLAHOMA CITY, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report fourth-quarter and full-year 2024 results on Tuesday, Feb. 18, after the close of U.S. fi...
Big Dividends And Buybacks: The More It Drops, The More I Buy
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4-Factor Dividend Growth Strategy - Cold Winter Air Creeps Into The Portfolio
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Devon Energy May Be Entering A Favorable Commodities Market In 2025
2025's commodity price outlook looks good for Devon Energy; expectations of a slight fall in oil prices is more than offset by projections of rising natural gas and NGL prices. Drilling activities' ef...
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