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DVN Stock Chart & Stats
$44.23
$0.22(0.63%)
At close: 4:00 PM EST
$44.23
$0.22(0.63%)
Day’s Range― - ―
52-Week Range$31.45 - $52.71
Previous CloseN/A
Volume3.11M
Average Volume (3M)14.98M
Market Cap
$48.71B
Enterprise Value$33.24B
Total Cash (Recent Filing)$1.81B
Total Debt (Recent Filing)$8.59B
Price to Earnings (P/E)11.6
Beta0.25
Next Earnings
Aug 04, 2026EPS Estimate
1.48Next Dividend Ex-DateN/A
Dividend Yield2.64%
Share Statistics
EPS (TTM)3.61
Shares Outstanding1,153,403,100
10 Day Avg. Volume13,728,051
30 Day Avg. Volume14,975,907
Financial Highlights & Ratios
PEG Ratio-1.10
Price to Book (P/B)1.48
Price to Sales (P/S)1.34
P/FCF Ratio7.38
Enterprise Value/Market Cap0.68
Enterprise Value/Revenue2.01
Enterprise Value/Gross Profit9.08
Enterprise Value/Ebitda4.71
Forecast
1Y Price Target
$60.20Price Target Upside36.11% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering21
EPS Forecast (FY)5.07
Revenue Forecast (FY)$23.18B
Bulls Say, Bears Say
Bulls Say
Free Cash Flow GenerationSustained quarterly free cash flow of $816M with disciplined capex demonstrates durable cash generation capacity. This strengthens the company's ability to fund reinvestment, dividends, and debt management through cycles, reducing reliance on external financing and supporting long-term financial flexibility.
Merger Scale & Synergy PotentialThe Coterra combination materially increases scale and operational scope, with a $1B synergy floor and 156 identified opportunities. Scale can lower unit costs, improve marketing/transport leverage and accelerate commercial fixes, creating structural margin and cash‑flow uplift once realized.
High‑Quality Delaware Basin InventoryA deeper, contiguous Delaware inventory (10+ years at current pace) and a recent accretive acreage purchase expand long‑life, high‑return drilling optionality. This lowers per‑well costs via pad/infra synergies and underpins multi‑year production visibility and resilient future cash generation.
Bears Say
Free Cash Flow VolatilityHistoric FCF volatility—including a 2024 negative year and TTM FCF below net income—signals sensitivity to commodity cycles and reinvestment timing. This makes long‑range capital returns and deleveraging plans less predictable and can constrain sustainable shareholder distributions.
Permian Gas Realization Headwinds (Waha)Ongoing Waha basis weakness and Permian takeaway constraints structurally depress gas netbacks relative to benchmarks. Until additional infrastructure/commercial fixes fully reduce exposure, lower gas realizations can erode margin and cash flows from gas‑weighted volumes.
Merger Integration, Legal & Capital RisksSignificant leadership changes, pending litigation over disclosures, and recent debt/conversion actions create execution and governance risk. These factors could delay or dilute synergy realization, distract management, and complicate capital‑structure optimization during integration.
Devon Energy News
DVN FAQ
What was Devon Energy’s price range in the past 12 months?
Devon Energy lowest stock price was $31.45 and its highest was $52.71 in the past 12 months.
What is Devon Energy’s market cap?
Devon Energy’s market cap is $48.71B.
When is Devon Energy’s upcoming earnings report date?
Devon Energy’s upcoming earnings report date is Aug 04, 2026 which is in 23 days.
How were Devon Energy’s earnings last quarter?
Devon Energy released its earnings results on May 05, 2026. The company reported $1.04 earnings per share for the quarter, missing the consensus estimate of $1.064 by -$0.024.
Is Devon Energy overvalued?
According to Wall Street analysts Devon Energy’s price is currently Undervalued.
Does Devon Energy pay dividends?
Devon Energy pays a Quarterly dividend of $0.32 which represents an annual dividend yield of 2.64%. See more information on Devon Energy dividends here
What is Devon Energy’s EPS estimate?
Devon Energy’s EPS estimate is 1.48.
How many shares outstanding does Devon Energy have?
Devon Energy has 1,153,403,100 shares outstanding.
What happened to Devon Energy’s price movement after its last earnings report?
Devon Energy reported an EPS of $1.04 in its last earnings report, missing expectations of $1.064. Following the earnings report the stock price went down -8.61%.
Which hedge fund is a major shareholder of Devon Energy?
Currently, no hedge funds are holding shares in DVN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Devon Energy Stock Smart Score
Outperform
1
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10
Analyst Consensus
Strong Buy
Average Price Target:
$60.20 (36.11% Upside)
$60.20 (36.11% Upside)
Blogger Sentiment
Bullish
DVN Sentiment 70%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 5.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 3.1%
Last 30 Days ▼ 3.1%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.62%
12-Months-Change
Fundamentals
Return on Equity
14.78%
Trailing 12-Months
Asset Growth
5.22%
Trailing 12-Months
Company Description
Devon Energy
As an independent energy producer, Devon Energy Corporation primarily focuses on the exploration, development, and extraction of oil, natural gas, and natural gas liquids within the United States. The company manages roughly 5,134 gross wells. Established in 1971, its corporate headquarters are located in Oklahoma City, Oklahoma.
DVN Company Deck
DVN Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a strongly positive operational and financial message: beat production and capital targets, generated $816M of free cash flow, achieved a $1B business optimization goal early, secured shareholder approval to close the Cotera merger (with a $1B synergy floor and 156 identified opportunities), and highlighted scalable AI-driven production gains (850+ wells automated). Manageable near-term challenges were discussed — Waha pricing headwinds, some Q1 realization/tax noise, and potential tax impacts from future asset sales — but these are framed as addressable via commercial fixes, hedging, tax-aware structuring, and integration-driven efficiencies. Overall, the positives materially outweigh the negatives, driven by strong cash generation, merger upside, and technology-led productivity improvements.View all DVN earnings summariesDVN Revenue Breakdown
66.86% Oil, gas and NGL sales
33.14% Marketing and midstream revenues
DVN Stock 12 Month Forecast
Average Price Target
$60.20
▲(36.11% Upside)
Technical Analysis
Ownership Overview
0.50% Insiders
12.09% Mutual Funds
0.31% Other Institutional Investors
56.64% Public Companies and Individual Investors