Devon Energy Corporation (DVN)
Market Cap | 30.20B |
Revenue (ttm) | 17.01B |
Net Income (ttm) | 4.78B |
Shares Out | 640.70M |
EPS (ttm) | 7.32 |
PE Ratio | 6.37 |
Forward PE | 7.69 |
Dividend | $1.95 (4.14%) |
Ex-Dividend Date | Sep 14, 2023 |
Volume | 1,202,847 |
Open | 46.57 |
Previous Close | 46.59 |
Day's Range | 46.50 - 47.18 |
52-Week Range | 44.03 - 78.82 |
Beta | 2.36 |
Analysts | Buy |
Price Target | 66.06 (+40.29%) |
Earnings Date | Nov 7, 2023 |
About DVN
Devon Energy Corporation, an independent energy company, explores for, develops, and produces oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Anadarko, Williston, Eagle Ford, and Powder River Basin. The company was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma. [Read more]
Financial Performance
In 2022, Devon Energy's revenue was $19.17 billion, an increase of 57.05% compared to the previous year's $12.21 billion. Earnings were $6.02 billion, an increase of 113.83%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for DVN stock is "Buy." The 12-month stock price forecast is $66.06, which is an increase of 40.29% from the latest price.
News

Devon Energy Schedules Third-Quarter 2023 Earnings Release and Conference Call
OKLAHOMA CITY, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report third-quarter 2023 results on Tuesday, Nov. 7, after the close of U.S. financial markets...

Top 3 dividend stocks to add to your portfolio in September
Dividend stocks are typically added to a portfolio during recessions because even if the stock price drops, you could offset the losses by getting paid each quarter. Depending on the yield, you could ...

WaterBridge NDB and Devon Energy Form Strategic Delaware Basin Produced Water Partnership
HOUSTON , Aug. 7, 2023 /PRNewswire/ -- WaterBridge NDB LLC (together with its subsidiaries, "WaterBridge NDB"), a portfolio company of Five Point Energy LLC ("Five Point"), announced today the formati...

Devon Energy Reports Second-Quarter 2023 Results and Declares Quarterly Dividend
OKLAHOMA CITY, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the second-quarter 2023. The company also declared its quarterly di...

Devon Energy Publishes 2023 Sustainability Report and Climate Change Assessment Report
OKLAHOMA CITY, June 29, 2023 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN), a leading U.S. independent oil and natural gas producer, today announced the release of its 2023 Sustainability Report ...

Devon Energy Schedules Second-Quarter 2023 Earnings Release and Conference Call
OKLAHOMA CITY, June 28, 2023 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report second-quarter 2023 results on Tuesday, Aug. 1, after the close of U.S. financial markets...

How To Earn $500 Monthly From Devon Energy Stock - Devon Energy (NYSE:DVN)
Shares of Devon Energy Corp DVN saw an uptick Tuesday, boosted by Goldman Sachs Group‘s upgrade from Neutral to Buy; here's what investors need to know.

These 3 Energy Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

New Mexico's oil output gains top Texas in 2022, delivering half of US growth
New Mexico's crude oil production grew more last year than any other U.S. state, including top producer Texas, and accounted for half the nation's overall gain, signaling its importance in expanding U...
Final Trades: Berkshire, Devon Energy & CRISPR Therapeutics
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Can Devon Energy's Double-Digit Yields Be Sustained?
Devon Energy NYSE: DVN reported its first quarter 2023 earnings results on Monday; markets did not seem entertained enough as DVN shares only rose to close the trading session up 1.27%. Nevertheless, ...

Devon Energy Reports First-Quarter 2023 Results; Declares Quarterly Dividend and Expands Stock-Repurchase Program by 50 Percent to $3 Billion
OKLAHOMA CITY, May 08, 2023 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the first-quarter 2023. The company also declared its quarterly divi...

Wall Street's Most Accurate Analysts Say Buy These 3 Energy Stocks With Over 6% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Three S&P Energy Names with High Dividend Yields
Among large-cap energy names, Pioneer Natural Resources Co. (NYSE: PXD), Devon Energy Corp. (NYSE: DVN) and Kinder Morgan Inc. (NYSE: KMI) pay some of the highest dividend yields among their sector pe...

Fervo Energy Announces Investment From US Oil and Gas Leader Devon Energy
HOUSTON & OKLAHOMA CITY--(BUSINESS WIRE)--Fervo Energy (“Fervo”), the next-generation leader in geothermal technology, today announced a $10 million strategic investment from Devon Energy Corporation ...

Devon Energy Schedules First-Quarter 2023 Earnings Release and Conference Call
OKLAHOMA CITY, April 11, 2023 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report first-quarter 2023 results on Monday, May 8, after the close of U.S. financial markets. ...
There's money still to be made in the energy sector, says Gilman's Jenny Harrington
Jenny Harrington, Gilman Hill Asset Management CEO, joins 'Closing Bell' to discuss Exxon's potential plan to acquire Pioneer.

5 Energy Stocks Leon Cooperman's Firm Drilled Into
According to current portfolio statistics, a Premium feature of GuruFocus, energy stocks in Leon Cooperman (Trades, Portfolio)'s fourth-quarter 2022 13F equity portfolio included Devon Energy Corp. ( ...

5 Energy Stocks Leon Cooperman's Firm Drilled Positions In
According to current portfolio statistics, a Premium feature of GuruFocus, energy stocks in Leon Cooperman (Trades, Portfolio)'s fourth-quarter 2022 13F equity portfolio included Devon Energy Corp. ( ...

Billionaire Leon Cooperman Is Betting On These Oil Stocks: 'I Don't See How You Go Wrong' - Devon Energy (NYSE:DVN)
Omega Advisors chairman and CEO Leon Cooperman believes we are in the midst of a stock picker's market, and he's placing his bets on oil.

3 More Downgrades To Put On Your Buy List
Marketbeat's stock screening tools are a great place to find interesting stock plays, including the screen for Most Downgrades Stocks. Stocks with downgrades can signal many things, and one of them is...

2 Insiders Buy Shares at Devon Energy
The CEO of Devon Energy ( DVN , Financial), Richard Muncrief, made two purchases of his own company's stock in February.
We're continuing to see crude demand grow, says Devon Energy CEO
Rick Muncrief, president and CEO of Devon Energy, joins 'Squawk on the Street' to offer his thoughts on how the energy sector has shifted one year since the Russian invasion of Ukraine.