Devon Energy Corporation (DVN)
NYSE: DVN · Real-Time Price · USD
44.95
+1.54 (3.55%)
At close: Nov 11, 2026, 4:00 PM EST
45.00
+0.05 (0.11%)
After-hours: Nov 11, 2026, 7:59 PM EST

Devon Energy Statistics

Total Valuation

Devon Energy has a market cap or net worth of $51.23 billion. The enterprise value is $62.08 billion.

Market Cap51.23B
Enterprise Value 62.08B

Important Dates

The last earnings date was Thursday, November 5, 2026, after market close.

Earnings Date Nov 5, 2026
Ex-Dividend Date Dec 15, 2026

Share Statistics

Devon Energy has 1.14 billion shares outstanding. The number of shares has increased by 29.93% in one year.

Current Share Class 1.14B
Shares Outstanding 1.14B
Shares Change (YoY) +29.93%
Shares Change (QoQ) +21.91%
Owned by Insiders (%) 0.66%
Owned by Institutions (%) 91.51%
Float 1.13B

Valuation Ratios

The trailing PE ratio is 10.42 and the forward PE ratio is 8.13.

PE Ratio 10.42
Forward PE 8.13
PS Ratio 2.32
Forward PS 1.91
PB Ratio 1.22
P/TBV Ratio 1.24
P/FCF Ratio 27.28
P/OCF Ratio 5.30
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.08, with an EV/FCF ratio of 33.06.

EV / Earnings 17.24
EV / Sales 2.81
EV / EBITDA 6.08
EV / EBIT 11.69
EV / FCF 33.06

Financial Position

The company has a current ratio of 0.70, with a Debt / Equity ratio of 0.27.

Current Ratio 0.70
Quick Ratio 0.57
Debt / Equity 0.27
Debt / EBITDA 1.05
Debt / FCF 5.96
Interest Coverage 10.00

Financial Efficiency

Return on equity (ROE) is 12.56% and return on invested capital (ROIC) is 7.97%.

Return on Equity (ROE) 12.56%
Return on Assets (ROA) 6.51%
Return on Invested Capital (ROIC) 7.97%
Return on Capital Employed (ROCE) 8.30%
Weighted Average Cost of Capital (WACC) 6.32%
Revenue Per Employee $10.05M
Profits Per Employee $1.64M
Employee Count2,200
Asset Turnover 0.43
Inventory Turnover 27.69

Taxes

In the past 12 months, Devon Energy has paid $948.00 million in taxes.

Income Tax 948.00M
Effective Tax Rate 20.84%

Stock Price Statistics

The stock price has increased by +32.52% 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 +32.52%
50-Day Moving Average 48.37
200-Day Moving Average 46.24
Relative Strength Index (RSI) 41.04
Average Volume (20 Days) 10,958,347

Short Selling Information

The latest short interest is 26.35 million, so 2.31% of the outstanding shares have been sold short.

Short Interest 26.35M
Short Previous Month 31.64M
Short % of Shares Out 2.31%
Short % of Float 2.33%
Short Ratio (days to cover) 2.31

Income Statement

In the last 12 months, Devon Energy had revenue of $22.11 billion and earned $3.60 billion in profits. Earnings per share was $4.31.

Revenue22.11B
Gross Profit 11.83B
Operating Income 5.31B
Pretax Income 4.55B
Net Income 3.60B
EBITDA 10.20B
EBIT 5.31B
Earnings Per Share (EPS) $4.31
Full Income Statement

Balance Sheet

The company has $352.00 million in cash and $11.20 billion in debt, with a net cash position of -$10.85 billion or -$9.52 per share.

Cash & Cash Equivalents 352.00M
Total Debt 11.20B
Net Cash -10.85B
Net Cash Per Share -$9.52
Equity (Book Value) 42.01B
Book Value Per Share 36.82
Working Capital -2.03B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $9.67 billion and capital expenditures -$7.79 billion, giving a free cash flow of $1.88 billion.

Operating Cash Flow 9.67B
Capital Expenditures -7.79B
Depreciation & Amortization 4.89B
Net Borrowing -1.27B
Free Cash Flow 1.88B
FCF Per Share $1.65
Full Cash Flow Statement

Margins

Gross margin is 53.48%, with operating and profit margins of 24.01% and 16.29%.

Gross Margin 53.48%
Operating Margin 24.01%
Pretax Margin 20.57%
Profit Margin 16.29%
EBITDA Margin 46.15%
EBIT Margin 24.01%
FCF Margin 8.49%

Dividends & Yields

This stock pays an annual dividend of $1.28, which amounts to a dividend yield of 2.85%.

Dividend Per Share $1.28
Dividend Yield 2.85%
Dividend Growth (YoY) 25.00%
Years of Dividend Growth n/a
Payout Ratio 29.68%
FCF Payout Ratio 77.68%
Buyback Yield -29.93%
Shareholder Yield -27.08%
Earnings Yield 9.60%
FCF Yield 3.67%
Dividend Details

Analyst Forecast

The average price target for Devon Energy is $60.70, which is 35.04% higher than the current price. The consensus rating is "Strong Buy".

Price Target $60.70
Price Target Difference 35.04%
Analyst Consensus Strong Buy
Analyst Count 28
Revenue Growth Forecast (3Y) 15.47%
EPS Growth Forecast (3Y) 11.17%
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
Graham Formula Value
Graham Formula 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 1.52 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.52
Piotroski F-Score 5