Devon Energy (DVN) Stock Price, News & Analysis

Company Overview

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. It operates in Delaware, Eagle Ford, Anadarko, Williston, and Powder River Basins. The company was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.

Key Stats

• Today's Range: $31.73 to $33.03
• 50-Day Range: $30.28 to $35.09
• 52-Week Range: $25.89 to $46.04
• Volume: 8.89 million shs
• Average Volume: 7.05 million shs
• Market Capitalization: $20.62 billion
• P/E Ratio: 7.32
• Dividend Yield: 2.99%
• Price Target: $43.85
• Consensus Rating: Moderate Buy

Devon Energy Stock Analysis - MarketRank™

Devon Energy scored higher than 97% of companies evaluated by MarketBeat, and ranked 10th out of 267 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Devon Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 15 buy ratings, 10 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Devon Energy has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 3.09%

Earnings Growth

Earnings for Devon Energy are expected to grow by 3.09% in the coming year, from $4.85 to $5.00 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Devon Energy is 7.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 28.09.

Price to Earnings Ratio vs. Sector

The P/E ratio of Devon Energy is 7.32, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 76.48.

Price to Earnings Growth Ratio

Devon Energy has a PEG Ratio of 1.88. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Devon Energy has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.52% of the float of Devon Energy has been sold short.

Short Interest Ratio / Days to Cover

Devon Energy has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Devon Energy has recently decreased by 16.52%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Devon Energy pays a meaningful dividend of 2.89%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Devon Energy has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of Devon Energy is 21.87%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Devon Energy will have a dividend payout ratio of 19.20% next year. This indicates that Devon Energy will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.8 / 5
• Environmental Score: -6.69

Percentage of Shares Shorted

2.52% of the float of Devon Energy has been sold short.

Short Interest Ratio / Days to Cover

Devon Energy has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Devon Energy has recently decreased by 16.52%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.26

News Sentiment

Devon Energy has a news sentiment score of 1.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.73 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 28 news articles for Devon Energy this week, compared to 24 articles on an average week.

Search Interest

Only 55 people have searched for DVN on MarketBeat in the last 30 days. This is a decrease of -4% compared to the previous 30 days.

MarketBeat Follows

19 people have added Devon Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 46% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Devon Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.71% of the stock of Devon Energy is held by insiders.

Percentage Held by Institutions

69.72% of the stock of Devon Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

DVN Stock Analysis - Frequently Asked Questions

How have DVN shares performed this year?

Devon Energy's stock was trading at $32.73 on January 1st, 2025. Since then, DVN shares have decreased by 1.9% and is now trading at $32.12.

How were Devon Energy's earnings last quarter?

Devon Energy Corporation (NYSE:DVN) issued its quarterly earnings results on Tuesday, May, 6th. The energy company reported $1.21 EPS for the quarter, missing analysts' consensus estimates of $1.27 by $0.06. Devon Energy's revenue was up 23.8% on a year-over-year basis.
Read the conference call transcript.

Does Devon Energy have any subsidiaries?

The following companies are subsidiaries of Devon Energy: WPX Energy, Felix Energy LLC, Chief Oil & Gas LLC, Ocean Energy Inc, Mitchell Energy & Development Corp, Anderson Exploration, Santa Fe Snyder Corp., and others.

Who are Devon Energy's major shareholders?

Top institutional investors of Devon Energy include Wealth Enhancement Advisory Services LLC (0.32%), Sumitomo Mitsui Trust Group Inc. (0.29%), Twin Tree Management LP and Allspring Global Investments Holdings LLC (0.13%). Insiders that own company stock include Richard E Muncrief, Dennis C Cameron, Tana K Cashion and John E Bethancourt.
View institutional ownership trends.

How do I buy shares of Devon Energy?

Shares of DVN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Devon Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Devon Energy investors own include Cuisine Solutions (CUSI), InnerScope Hearing Technologies (INND), Johnson & Johnson (JNJ), UnitedHealth Group (UNH), Gilead Sciences (GILD), Corning (GLW) and NextEra Energy (NEE).

Company Calendar

• Last Earnings: 5/06/2025
• Record date for 6/30 Dividend: 6/13/2025
• Ex-Dividend for 6/30 Dividend: 6/13/2025
• Dividend Payable: 6/30/2025
• Today: 8/02/2025
• Next Earnings (Estimated): 8/05/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: OIL - US EXP&PROD
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: NYSE:DVN
• CIK: 1090012
• Web: www.devonenergy.com
• Phone: (405) 235-3611
• Fax: 405-552-4550
• Employees: 2,300
• Year Founded: 1971

Price Target and Rating

• Average Price Target for Devon Energy: $43.85
• High Price Target: $58.00
• Low Price Target: $33.00
• Potential Upside/Downside: +36.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 25 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.39
• Trailing P/E Ratio: 7.32
• Forward P/E Ratio: 6.62
• P/E Growth: 1.88
• Net Income: $2.89 billion
• Net Margins: 16.60%
• Pretax Margin: 21.37%
• Return on Equity: 21.90%
• Return on Assets: 10.62%

Debt

• Debt-to-Equity Ratio: 0.57
• Current Ratio: 1.08
• Quick Ratio: 0.99

Sales & Book Value

• Annual Sales: $15.94 billion
• Price / Sales: 1.29
• Cash Flow: $9.31 per share
• Price / Cash Flow: 3.45
• Book Value: $22.38 per share
• Price / Book: 1.44

Miscellaneous

• Outstanding Shares: 642,100,000
• Free Float: 637,541,000
• Market Cap: $20.62 billion
• Optionable: Optionable
• Beta: 1.07