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Devon Energy Corporation (DVN)

51.69 +0.46 (+0.90%)
As of 11:29:26 AM EDT. Market Open.
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12m ago
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Devon Energy’s investment case now centers on the completed Coterra merger, planned cost synergies, and stronger cash generation. The company also benefits from elevated oil prices, but its outlook remains sensitive to commodity volatility, shale declines, and capital requirements.

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  • Previous Close 51.23
  • Open 51.59
  • Bid 51.57 x 30000
  • Ask 51.58 x 20000
  • Day's Range 51.27 - 51.78
  • 52 Week Range 31.65 - 52.71
  • Volume 1,483,779
  • Avg. Volume 10,680,934
  • Market Cap (intraday) 56.859B
  • Beta (5Y Monthly) 0.54
  • PE Ratio (TTM) 11.27
  • EPS (TTM) 4.59
  • Earnings Date Nov 5, 2026
  • Forward Dividend & Yield 1.28 (2.50%)
  • 1y Target Est 61.69
  • Morningstar Rating Rating available with Stock Picks access

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.

www.devonenergy.com

2,200

Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

Oil & Gas E&P

Industry

Recent News

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Performance Overview

Trailing total returns as of 10/28/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

DVN
43.84%
S&P 500 (^GSPC)
13.02%

1-Year Return

DVN
65.66%
S&P 500 (^GSPC)
12.28%

3-Year Return

DVN
21.99%
S&P 500 (^GSPC)
87.91%

5-Year Return

DVN
61.77%
S&P 500 (^GSPC)
68.32%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 7.42B
Earnings 1.91B
Profit Margin 25.77%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
2B
4B
6B
5.0%
10.0%
15.0%
20.0%
25.0%

Analyst Insights

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Analyst Price Targets

44.00 Low
61.69 Average
51.69 Current
74.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/16/2026
Analyst Mizuho
Rating Action Maintains
Rating Outperform
Price Action Lowers
Price Target 68 -> 65

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    17.46%

  • Return on Assets (ttm)

    5.91%

  • Return on Equity (ttm)

    11.52%

  • Revenue (ttm)

    18.78B

  • Net Income Avi to Common (ttm)

    3.28B

  • Diluted EPS (ttm)

    4.59

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    950M

  • Total Debt/Equity (mrq)

    28.49%

  • Levered Free Cash Flow (ttm)

    782.63M

Company Insights

Research Reports

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