Devon Energy Corporation (DVN)
NYSE: DVN · Real-Time Price · USD
45.31
-1.29 (-2.77%)
At close: May 7, 2026, 4:00 PM EDT
45.95
+0.64 (1.41%)
After-hours: May 7, 2026, 7:59 PM EDT

Devon Energy Statistics

Total Valuation

Devon Energy has a market cap or net worth of $52.24 billion. The enterprise value is $59.18 billion.

Market Cap52.24B
Enterprise Value 59.18B

Important Dates

The last earnings date was Tuesday, May 5, 2026, after market close.

Earnings Date May 5, 2026
Ex-Dividend Date Mar 13, 2026

Share Statistics

Devon Energy has 1.15 billion shares outstanding. The number of shares has decreased by -1.73% in one year.

Current Share Class 1.15B
Shares Outstanding 1.15B
Shares Change (YoY) -1.73%
Shares Change (QoQ) -0.64%
Owned by Insiders (%) 0.41%
Owned by Institutions (%) 43.97%
Float 615.99M

Valuation Ratios

The trailing PE ratio is 12.55 and the forward PE ratio is 8.13. Devon Energy's PEG ratio is 0.79.

PE Ratio 12.55
Forward PE 8.13
PS Ratio 3.26
Forward PS 2.10
PB Ratio 1.82
P/TBV Ratio 3.56
P/FCF Ratio 21.56
P/OCF Ratio 8.13
PEG Ratio 0.79
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 8.80, with an EV/FCF ratio of 24.42.

EV / Earnings 26.09
EV / Sales 3.70
EV / EBITDA 8.80
EV / EBIT 19.19
EV / FCF 24.42

Financial Position

The company has a current ratio of 1.01, with a Debt / Equity ratio of 0.56.

Current Ratio 1.01
Quick Ratio 0.85
Debt / Equity 0.56
Debt / EBITDA 1.22
Debt / FCF 3.59
Interest Coverage 6.32

Financial Efficiency

Return on equity (ROE) is 15.18% and return on invested capital (ROIC) is 10.48%.

Return on Equity (ROE) 15.18%
Return on Assets (ROA) 6.07%
Return on Invested Capital (ROIC) 10.48%
Return on Capital Employed (ROCE) 11.09%
Weighted Average Cost of Capital (WACC) 6.51%
Revenue Per Employee $7.27M
Profits Per Employee $1.03M
Employee Count2,200
Asset Turnover 0.50
Inventory Turnover 26.09

Taxes

In the past 12 months, Devon Energy has paid $694.00 million in taxes.

Income Tax 694.00M
Effective Tax Rate 23.24%

Stock Price Statistics

The stock price has increased by +48.12% in the last 52 weeks. The beta is 0.48, so Devon Energy's price volatility has been lower than the market average.

Beta (5Y) 0.48
52-Week Price Change +48.12%
50-Day Moving Average 47.51
200-Day Moving Average 38.89
Relative Strength Index (RSI) 39.66
Average Volume (20 Days) 13,756,506

Short Selling Information

The latest short interest is 30.40 million, so 2.64% of the outstanding shares have been sold short.

Short Interest 30.40M
Short Previous Month 24.39M
Short % of Shares Out 2.64%
Short % of Float 4.94%
Short Ratio (days to cover) 1.76

Income Statement

In the last 12 months, Devon Energy had revenue of $16.00 billion and earned $2.27 billion in profits. Earnings per share was $3.61.

Revenue16.00B
Gross Profit 7.51B
Operating Income 3.08B
Pretax Income 2.99B
Net Income 2.27B
EBITDA 6.72B
EBIT 3.08B
Earnings Per Share (EPS) $3.61
Full Income Statement

Balance Sheet

The company has $1.76 billion in cash and $8.70 billion in debt, with a net cash position of -$6.94 billion or -$6.02 per share.

Cash & Cash Equivalents 1.76B
Total Debt 8.70B
Net Cash -6.94B
Net Cash Per Share -$6.02
Equity (Book Value) 15.43B
Book Value Per Share 24.84
Working Capital 28.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $6.42 billion and capital expenditures -$4.00 billion, giving a free cash flow of $2.42 billion.

Operating Cash Flow 6.42B
Capital Expenditures -4.00B
Depreciation & Amortization 3.64B
Net Borrowing -496.00M
Free Cash Flow 2.42B
FCF Per Share $2.10
Full Cash Flow Statement

Margins

Gross margin is 46.93%, with operating and profit margins of 19.27% and 14.17%.

Gross Margin 46.93%
Operating Margin 19.27%
Pretax Margin 18.66%
Profit Margin 14.17%
EBITDA Margin 42.00%
EBIT Margin 19.27%
FCF Margin 15.14%

Dividends & Yields

This stock pays an annual dividend of $0.96, which amounts to a dividend yield of 2.12%.

Dividend Per Share $0.96
Dividend Yield 2.12%
Dividend Growth (YoY) -23.20%
Years of Dividend Growth n/a
Payout Ratio 26.60%
Buyback Yield 1.73%
Shareholder Yield 3.85%
Earnings Yield 4.34%
FCF Yield 4.64%
Dividend Details

Analyst Forecast

The average price target for Devon Energy is $50.58, which is 11.63% higher than the current price. The consensus rating is "Buy".

Price Target $50.58
Price Target Difference 11.63%
Analyst Consensus Buy
Analyst Count 20
Revenue Growth Forecast (5Y) 10.83%
EPS Growth Forecast (5Y) -3.75%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on November 16, 2004. It was a forward split with a ratio of 2:1.

Last Split Date Nov 16, 2004
Split Type Forward
Split Ratio 2:1

Scores

Devon Energy has an Altman Z-Score of 2.04 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.04
Piotroski F-Score 5