Devon Energy Corporation (DVN)
| Market Cap | 52.16B +153.2% |
| Revenue (ttm) | 18.78B +15.3% |
| Net Income | 3.28B +15.3% |
| EPS | 4.66 +5.1% |
| Shares Out | 1.15B |
| PE Ratio | 9.73 |
| Forward PE | 8.64 |
| Dividend | $1.28 (2.82%) |
| Ex-Dividend Date | Sep 15, 2026 |
| Volume | 12,870,543 |
| Open | 43.78 |
| Previous Close | 42.98 |
| Day's Range | 43.67 - 45.43 |
| 52-Week Range | 31.47 - 52.71 |
| Beta | 0.42 |
| Analysts | Strong Buy |
| Price Target | 59.69 (+31.59%) |
| Earnings Date | Aug 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 27 analysts, the average rating for DVN stock is "Strong Buy." The 12-month stock price target is $59.69, which is an increase of 31.59% from the latest price.
News
Devon Energy price target raised to $65 from $61 at Truist
Truist raised the firm’s price target on Devon Energy (DVN) to $65 from $61 and keeps a Buy rating on the shares.
Devon Energy Earnings Call Transcript: Q2 2026
Q2 saw strong operational and financial performance, with production and free cash flow exceeding guidance, rapid integration of the Coterra merger, and significant progress on synergies and debt reduction. The company enhanced its Permian position, tightened 2026 guidance, and remains focused on technology-driven efficiency and shareholder returns.
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.
Devon Energy reports Q2 core EPS $1.57, consensus $1.41
Reports Q2 revenue $7.42B vs. $4.28B last year. “Devon’s first quarter as a combined company demonstrated the full power of this platform, with results that outperformed across every major value…
Devon Energy says FY26 guidance remains unchanged from June
Devon Energy (DVN) stated: “After a strong second-quarter, the company is demonstrating the operational and financial performance which underpin its full-year 2026 guidance, which remains unchanged fr...
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...
Devon Energy price target raised to $63 from $57 at Susquehanna
Susquehanna analyst Charles Minervino raised the firm’s price target on Devon Energy (DVN) to $63 from $57 and keeps a Positive rating on the shares. The firm is updating estimates…
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 price target lowered to $64 from $66 at Raymond James
Raymond James lowered the firm’s price target on Devon Energy (DVN) to $64 from $66 and keeps a Strong Buy rating on the shares after updating estimates for current commodity…
Devon Energy price target lowered to $54 from $58 at UBS
UBS lowered the firm’s price target on Devon Energy (DVN) to $54 from $58 and keeps a Buy rating on the shares. The firm updated its model ahead of the…
Devon Energy price target lowered to $61 from $66 at Truist
Truist lowered the firm’s price target on Devon Energy (DVN) to $61 from $66 and keeps a Buy rating on the shares ahead of its Q2 results. The quarter offers…
Devon Energy price target lowered to $55 from $62 at JPMorgan
JPMorgan lowered the firm’s price target on Devon Energy (DVN) to $55 from $62 and keeps an Overweight rating on the shares. The firm is modeling total production volumes of…
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 Energy price target lowered to $63 from $66 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on Devon Energy (DVN) to $63 from $66 and keeps an Overweight rating on the shares. Since the U.S. and Iran announced a…
Devon Energy call buyer realizes 9% same-day gains
Notable profits for the buyer who lifted the $1.32 offer for 19,715 Devon Energy (DVN) Sep-26 47.5 calls yesterday at 12:07ET when underlying shares were trading at $42.12. Shares closed…
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 reinstated with a Buy at Goldman Sachs
Goldman Sachs analyst Neil Mehta reinstated coverage of Devon Energy (DVN) with a Buy rating and $54 price target The firm is positive on the company’s focus on optimizing its…
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.