Devon Energy Corporation (DVN)
| Market Cap | 27.70B +20.2% |
| Revenue (ttm) | 16.55B +13.9% |
| Net Income | 2.72B -20.1% |
| EPS | 4.24 -21.6% |
| Shares Out | 620.26M |
| PE Ratio | 10.52 |
| Forward PE | 13.65 |
| Dividend | $0.96 (2.18%) |
| Ex-Dividend Date | Dec 15, 2025 |
| Volume | 7,045,887 |
| Open | 43.57 |
| Previous Close | 43.96 |
| Day's Range | 43.57 - 44.90 |
| 52-Week Range | 25.89 - 45.02 |
| Beta | 0.63 |
| Analysts | Buy |
| Price Target | 44.26 (-0.9%) |
| Earnings Date | Feb 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]
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 Summary
According to 20 analysts, the average rating for DVN stock is "Buy." The 12-month stock price target is $44.26, which is a decrease of -0.90% from the latest price.
News
KIMMERIDGE COMMENTS ON PROPOSED MERGER OF COTERRA AND DEVON
NEW YORK, Feb. 2, 2026 /PRNewswire/ -- Kimmeridge Energy Management Company, LLC, a private investment firm focused on the energy sector, today issued the following statement in response to an announc...
Devon, Coterra Merge To Create Another Shale Giant
Cutting costs and boosting economies of scale have driven merger deals in the U.S. shale business for more than a decade now. Those themes are in play again with Monday's announced merger between a pa...
Devon Energy and Coterra merge in $58B deal to create US shale powerhouse
Devon Energy and Coterra Energy have agreed to merge in a roughly $58 billion all-stock transaction, including debt, in one of the biggest US shale deals in recent years. Under the terms of the agreem...
Devon Energy and Coterra $58 Billion Merger Creates ‘Premiere Shale Operator'
The transaction is expected to close in the second half of 2026, the companies say.
Devon, Coterra to Merge in $58 Billion Deal
Devon Energy and Coterra Energy agreed to merge in a roughly $58 billion all-stock deal, including debt.
US shale producers Devon and Coterra to merge in a $58 billion deal
U.S. shale producers Devon Energy and Coterra Energy are set to merge in an $58 billion all-stock deal to create one of the largest independent shale producers in the country, the companies said on Mo...
Devon Energy and Coterra Energy to Combine, Creating a Premier Shale Operator
OKLAHOMA CITY and HOUSTON, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Devon Energy (“Devon”) (NYSE: DVN) and Coterra Energy (“Coterra”) (NYSE: CTRA) today announced the signing of a definitive agreement to mer...
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...
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...
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...
10 Undervalued Dividend Stocks for 2026
Morningstar's Chief US Market Strategist shares his current dividend-paying picks.
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.
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...
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
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...
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...
Final Trade: RIVN, AMZN, SNAP, DVN
The final trades of the day with the 'Fast Money' traders.
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...
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...
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.
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...
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...
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...