Devon Energy Corp. Company Profile (NYSE:DVN)

About Devon Energy Corp.

Devon Energy Corp. logoDevon Energy Corporation (Devon) is an independent energy company engaged in the exploration, development and production of oil, natural gas and natural gas liquids (NGLs). The Company's operations are concentrated in various North American onshore areas in the United States and Canada. The Company also produces over 1.6 billion cubic feet of natural gas a day and approximately 135 thousand barrels of NGLs per day. The Company operates through three segments: U.S., Canada and EnLink. Devon's U.S. and Canadian segments are engaged in oil and gas exploration and production activities. EnLink's operations consist of midstream assets and operations located across the United States. Its projects include Delaware Basin, STACK, Eagle Ford, Rockies Oil, Heavy Oil, Barnett Shale, and other assets, which are located in the Midland Basin, east Texas, Granite Wash and Mississippian-Lime areas. In addition, the Company holds interest in Jackfish and Pike.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Independent Oil & Gas
  • Sub-Industry: Oil & Gas Exploration & Production
  • Exchange: NYSE
  • Symbol: DVN
  • CUSIP: 25179M10
Key Metrics:
  • Previous Close: $39.64
  • 50 Day Moving Average: $42.60
  • 200 Day Moving Average: $35.69
  • 52-Week Range: $18.07 - $48.68
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 31.46
  • P/E Growth: -30.97
  • Market Cap: $20.76B
  • Outstanding Shares: 523,599,000
  • Beta: 1.99
Profitability:
  • Net Margins: -114.09%
  • Return on Equity: 3.62%
  • Return on Assets: 1.40%
Debt:
  • Debt-to-Equity Ratio: 1.39%
  • Current Ratio: 1.36%
  • Quick Ratio: 1.36%
Additional Links:
Companies Related to Devon Energy Corp.:

Analyst Ratings

Consensus Ratings for Devon Energy Corp. (NYSE:DVN) (?)
Ratings Breakdown: 1 Sell Rating, 13 Hold Ratings, 20 Buy Ratings, 2 Strong Buy Ratings
Consensus Rating:Buy (Score: 2.64)
Consensus Price Target: $41.77 (5.37% upside)

Analysts' Ratings History for Devon Energy Corp. (NYSE:DVN)
Show:
DateFirmActionRatingPrice TargetDetails
9/6/2016Raymond James Financial Inc.DowngradeOutperform -> Market Perform$45.84View Rating Details
9/6/2016Citigroup Inc.DowngradePositive -> Market PerformView Rating Details
9/1/2016Barclays PLCBoost Price TargetOverweight$45.00 -> $50.00View Rating Details
8/23/2016ArgusBoost Price TargetBuy$51.00 -> $61.00View Rating Details
8/16/2016Bank of America Corp.Reiterated RatingBuy$56.00 -> $60.00View Rating Details
8/3/2016Credit Suisse Group AGReiterated RatingBuy$46.00View Rating Details
8/3/2016RBC Capital MarketsSet Price TargetBuy$45.00View Rating Details
8/3/2016Morgan StanleySet Price TargetBuy$54.00View Rating Details
8/3/2016JPMorgan Chase & Co.Reiterated RatingBuyView Rating Details
7/18/2016KLR GroupDowngradeBuy -> Accumulate$41.00 -> $44.00View Rating Details
7/17/2016Deutsche Bank AGReiterated RatingBuyView Rating Details
7/11/2016ScotiabankReiterated RatingOutperform -> Focus Stock$50.00 -> $61.00View Rating Details
7/11/2016Howard WeilUpgradeSector Outperform -> Focus Stock$50.00 -> $61.00View Rating Details
7/7/2016SimmonsReiterated RatingNeutral$39.00 -> $41.00View Rating Details
7/7/2016Piper Jaffray Cos.Reiterated RatingNeutral$39.00 -> $41.00View Rating Details
6/22/2016Credit Agricole SAInitiated CoverageOutperformView Rating Details
6/16/2016WunderlichBoost Price TargetBuy$40.00 -> $41.00View Rating Details
6/13/2016BMO Capital MarketsReiterated RatingBuy$35.00 -> $40.00View Rating Details
5/19/2016Johnson RiceUpgradeHold -> AccumulateView Rating Details
5/12/2016StephensReiterated RatingHoldView Rating Details
5/5/2016Sanford C. BernsteinBoost Price TargetOutperform$37.00 -> $38.00View Rating Details
5/4/2016Royal Bank Of CanadaBoost Price TargetOutperform$36.00 -> $41.00View Rating Details
4/15/2016Evercore ISIUpgradeHold -> Buy$30.00 -> $40.00View Rating Details
3/8/2016Iberia CapitalLower Price TargetSector Perform$45.00 -> $30.00View Rating Details
2/22/2016SusquehannaLower Price Target$37.00 -> $30.00View Rating Details
2/18/2016MacquarieLower Price TargetOutperform$52.00 -> $29.00View Rating Details
2/18/2016Wolfe ResearchDowngradeOutperform -> Market PerformView Rating Details
2/17/2016Mitsubishi UFJ Financial GroupUpgradeUnderweight -> NeutralView Rating Details
2/18/2016GuggenheimLower Price TargetBuy$57.00 -> $39.00View Rating Details
2/18/2016Goldman Sachs Group Inc.Lower Price TargetNeutral$39.00 -> $34.00View Rating Details
2/18/2016Cowen and CompanyLower Price TargetOutperform$46.00 -> $34.00View Rating Details
2/1/2016Jefferies GroupLower Price TargetBuy$32.00View Rating Details
1/25/2016Tudor PickeringUpgradeAccumulate -> BuyView Rating Details
1/21/2016NomuraLower Price TargetNeutral$49.00 -> $32.00View Rating Details
1/13/2016Seaport Global SecuritiesDowngradeAccumulate -> Neutral$58.00 -> $30.00View Rating Details
12/8/2015Mitsubishi UFJ Financial Group Inc.Reiterated RatingUnderweightView Rating Details
6/17/2015Oppenheimer Holdings Inc.DowngradeOutperform -> Market Perform$70.00View Rating Details
6/11/2015GMP SecuritiesUpgradeHold -> Buy$82.00View Rating Details
6/2/2015Evercore Partners Inc.Initiated CoverageHold$76.00View Rating Details
5/20/2015Imperial CapitalInitiated CoverageOutperform$92.00View Rating Details
4/21/2015FBR & CoInitiated CoverageOutperformView Rating Details
(Data available from 9/26/2014 forward)

Earnings

Earnings History for Devon Energy Corp. (NYSE:DVN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2016        
8/2/2016Q216($0.19)$0.06$2.29 million$2.49 billionViewN/AView Earnings Details
5/3/2016Q116($0.64)($0.53)$2.60 billion$2.13 billionViewN/AView Earnings Details
2/16/2016Q415$0.71$0.77$3.63 billion$2.89 billionViewListenView Earnings Details
11/3/2015Q315$0.52$0.76$3.98 billion$3.60 billionViewN/AView Earnings Details
8/4/2015Q215$0.42$0.78$3.74 billion$3.39 billionViewN/AView Earnings Details
5/5/2015Q115$0.26$0.22$3.75 billion$3.27 billionViewN/AView Earnings Details
2/17/2015Q414$1.05$0.93$4.11 billion$6.00 billionViewN/AView Earnings Details
11/4/2014Q314$1.24$1.34$4.15 billion$5.34 billionViewN/AView Earnings Details
8/6/2014Q214$1.40$1.64$3.71 billion$4.51 billionViewN/AView Earnings Details
5/7/2014Q114$1.26$1.14$2.87 billion$3.73 billionViewListenView Earnings Details
2/19/2014Q413$1.09$1.10$2.69 billion$2.62 billionViewListenView Earnings Details
11/6/2013Q313$1.20$1.29$2.74 billion$2.72 billionViewListenView Earnings Details
8/7/2013Q2 2013$0.95$1.21$2.60 billion$3.09 billionViewListenView Earnings Details
5/1/2013Q1 2013$0.56$0.66$2.28 billion$1.97 billionViewN/AView Earnings Details
2/20/2013Q4 2012$0.75$0.78$2.37 billion$2.58 billionViewListenView Earnings Details
11/7/2012Q312$0.70$0.88$2.32 billion$1.87 billionViewN/AView Earnings Details
8/1/2012$0.85$0.55ViewN/AView Earnings Details
5/2/2012$1.42$1.05ViewN/AView Earnings Details
2/15/2012$1.47$1.55ViewN/AView Earnings Details
11/2/2011$1.50$1.54ViewN/AView Earnings Details
8/3/2011$1.53$1.71ViewN/AView Earnings Details
5/4/2011$1.33$0.97ViewN/AView Earnings Details
2/16/2011$1.41$1.57ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Devon Energy Corp. (NYSE:DVN)
Current Year EPS Consensus Estimate: $-0.28 EPS
Next Year EPS Consensus Estimate: $1.26 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166($0.68)($0.24)($0.51)
Q2 20165($0.43)($0.11)($0.26)
Q3 20164($0.29)$0.18($0.08)
Q4 20163($0.07)$0.15$0.06
Q1 20171$0.22$0.22$0.22
Q2 20171$0.19$0.19$0.19
Q3 20171$0.21$0.21$0.21
Q4 20171$0.24$0.24$0.24
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Devon Energy Corp. (NYSE:DVN)
Annual Dividend:$0.24
Dividend Yield:0.61%
Dividend Growth:6.30% (3 Year Average)
Payout Ratio:-0.82% (Based on Trailing 12 Months of Earnings)
-85.71% (Based on Current Year Consensus EPS Estimate)
19.05% (Based on Next Year Consensus EPS Estimate)
Track Record:5 Years of Consecutive Dividend Growth

Dividend History for Devon Energy Corp. (NYSE:DVN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/14/2016quarterly$0.060.59%12/13/201612/15/201612/30/2016
6/8/2016quarterly$0.060.64%9/13/20169/15/20169/30/2016
2/16/2016quarterly$0.061.18%6/13/20166/15/20166/30/2016
12/2/2015quarterly$0.242.34%3/11/20163/15/20163/31/2016
9/16/2015quarterly$0.242.35%12/11/201512/15/201512/31/2015
6/3/2015quarterly$0.241.52%9/11/20159/15/20159/30/2015
3/5/2015quarterly$0.241.62%6/11/20156/15/20156/30/2015
12/3/2014quarterly$0.241.61%3/11/20153/13/20153/31/2015
9/10/2014quarterly$0.241.36%12/10/201412/12/201412/31/2014
6/4/2014quarterly$0.241.28%9/10/20149/12/20149/30/2014
3/5/2014quarterly$0.241.49%6/11/20146/13/20146/30/2014
12/4/2013quarterly$0.221.43%3/12/20143/14/20143/31/2014
9/11/2013quarterly$0.221.49%12/11/201312/13/201312/31/2013
6/5/2013quarterly$0.221.58%9/11/20139/13/20139/30/2013
3/6/2013quarterly$0.221.58%6/12/20136/14/20136/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Devon Energy Corp. (NYSE:DVN)
Insider Ownership Percentage: 0.98%
Institutional Ownership Percentage: 75.62%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/20/2016Robert H HenryDirectorSell7,100$37.43$265,753.00View SEC Filing  
1/6/2016Barbara M BaumannDirectorBuy8,200$30.44$249,608.00View SEC Filing  
7/6/2015Barbara M BaumannDirectorBuy4,500$56.58$254,610.00View SEC Filing  
6/10/2015Robert A Mosbacher JrDirectorSell3,200$64.00$204,800.00View SEC Filing  
12/23/2014Robert H HenryDirectorSell4,089$61.12$249,919.68View SEC Filing  
10/23/2014Akash PatelDirectorBuy25,000$0.17$4,250.00
10/15/2014John E BethancourtDirectorBuy9,150$54.64$499,956.00View SEC Filing  
8/29/2014Robert A Mosbacher JrDirectorSell4,100$74.75$306,475.00View SEC Filing  
7/17/2014Frank W RudolphEVPSell48,493$78.00$3,782,454.00View SEC Filing  
7/14/2014Frank W RudolphEVPSell20,135$77.08$1,552,005.80View SEC Filing  
6/23/2014Robert A Mosbacher JrDirectorSell3,500$79.07$276,745.00View SEC Filing  
5/19/2014Frank RudolphEVPSell1,000$71.31$71,310.00View SEC Filing  
7/18/2013William F WhitsittEVPSell2,000$57.00$114,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Devon Energy Corp. (NYSE:DVN)
DateHeadline
News IconVolatile Movements: Enphase Energy Inc (NASDAQ:ENPH), Devon Energy Corp (NYSE:DVN) - NYSE Journal (press release) (NYSE:DVN)
stockznews.com - September 26 at 4:53 PM
capitalcube.com logoDevon Energy Corp. breached its 50 day moving average in a Bearish Manner : DVN-US : September 26, 2016 (NYSE:DVN)
www.capitalcube.com - September 26 at 9:27 AM
News IconDevon Energy Corporation (NYSE:DVN) Upcoming Earnings: What matter for investors? - The Voice Registrar (NYSE:DVN)
voiceregistrar.com - September 24 at 9:22 AM
fool.com logoWhy Salesforce, Houghton Mifflin Harcourt, and Devon Energy Slumped Today (NYSE:DVN)
www.fool.com - September 23 at 7:19 PM
News IconIndependent Oil & Gas: Devon Energy Corporation (NYSE:DVN) Position of the day (NYSE:DVN)
twincountynews.com - September 23 at 4:30 PM
mysmartrend.com logoDevon Energy Has Returned 17.3% Since SmarTrend Recommendation (DVN) (NYSE:DVN)
www.mysmartrend.com - September 23 at 9:44 AM
seekingalpha.com logoWhy You Should Keep An Eye On Devon Energy Stock (NYSE:DVN)
seekingalpha.com - September 22 at 4:48 PM
investopedia.com logoDevon’s Efficiency Encourages Investors (DVN, APA) (NYSE:DVN)
www.investopedia.com - September 22 at 10:17 AM
marketrealist.com logoCalifornia Resources’ Earnings Effectiveness: Chart in Focus (NYSE:DVN)
marketrealist.com - September 22 at 10:17 AM
News IconStock Tracker: Earnings & Estimates for Devon Energy Corporation (NYSE:DVN) - Frisco Fastball (NYSE:DVN)
friscofastball.com - September 21 at 5:13 PM
seekingalpha.com logoBullish Delaware Updates For Devon Energy - Seeking Alpha (NYSE:DVN)
seekingalpha.com - September 21 at 5:13 PM
nasdaq.com logoDevon Energy To Present At Johnson Rice & Co Energy Conference;Webcast At 9:00AM (NYSE:DVN)
www.nasdaq.com - September 21 at 9:00 AM
seekingalpha.com logoBullish Delaware Updates For Devon Energy (NYSE:DVN)
seekingalpha.com - September 21 at 9:00 AM
News IconEP Energy Corporation (EPE) Shares are Down -11 (NYSE:DVN)
magseriesusa.net - September 20 at 8:27 AM
News IconHigh Market Cap Stock of the Day – Devon Energy Corporation (NYSE:DVN) (NYSE:DVN)
twincountynews.com - September 20 at 8:27 AM
News IconDevon Energy Corporation (DVN) Shares are Down -5.47% (NYSE:DVN)
myhealthbowl.com - September 20 at 8:27 AM
marketrealist.com logoCalifornia Resources: How Falling Crude Oil Prices Hit Earnings (NYSE:DVN)
marketrealist.com - September 19 at 3:35 PM
fool.com logoThese Reports Could Be a Bad Sign for the Oil Market (NYSE:DVN)
www.fool.com - September 17 at 4:35 PM
capitalcube.com logoDevon Energy Corp. – Value Analysis (NYSE:DVN) : September 16, 2016 (NYSE:DVN)
www.capitalcube.com - September 16 at 4:37 PM
investopedia.com logoBig Investors Are Loading Up Devon Energy (DVN) (NYSE:DVN)
www.investopedia.com - September 16 at 8:24 AM
marketrealist.com logoHow Effective Have Marathon Oil’s Hedging Strategies Been? (NYSE:DVN)
marketrealist.com - September 16 at 8:24 AM
News IconLarge Cap Independent Oil & Gas: Devon Energy Corporation (NYSE:DVN) (NYSE:DVN)
twincountynews.com - September 15 at 5:03 PM
capitalcube.com logoDevon Energy Corp. breached its 50 day moving average in a Bearish Manner : DVN-US : September 15, 2016 (NYSE:DVN)
www.capitalcube.com - September 15 at 5:03 PM
investopedia.com logoWhy Devon Energy Is Selling Assets Worth $1B (DVN) (NYSE:DVN)
www.investopedia.com - September 14 at 9:54 PM
investopedia.com logoDevon Declares Dividend on Common Shares (DVN) (NYSE:DVN)
www.investopedia.com - September 14 at 9:54 PM
finance.yahoo.com logoDevon Energy Announces Fourth-Quarter Cash Dividend for Common Stockholders (NYSE:DVN)
finance.yahoo.com - September 14 at 4:47 PM
seekingalpha.com logoDevon Energy: Buy, Buy, Buy - Seeking Alpha (NYSE:DVN)
seekingalpha.com - September 14 at 8:53 AM
News IconDevon Energy Corporation (NYSE:DVN) from Independent Oil & Gas – Todays Top Gains (NYSE:DVN)
twincountynews.com - September 13 at 9:35 AM
nasdaq.com logoDevon Energy Corporation (DVN) Ex-Dividend Date Scheduled for September 13, 2016 - Nasdaq (NYSE:DVN)
www.nasdaq.com - September 12 at 4:32 PM
News IconQuarterly Earnings Forecast Overview: Devon Energy Corporation (NYSE:DVN) (NYSE:DVN)
magseriesusa.net - September 12 at 9:38 AM
News IconStock Watch & Analyst Take on Texas Instruments Incorporated (NASDAQ:TXN), Devon Energy Corporation (NYSE:DVN) - Yankee Analysts (NYSE:DVN)
yankeeanalysts.com - September 11 at 4:30 PM
News IconIs Devon Energy Corporation(NYSE: DVN), a large market cap stock a smart buy? - The Daily Leicester (NYSE:DVN)
thedailyleicester.com - September 10 at 4:26 PM
finance.yahoo.com logoDevon CEO on making money at $45 oil (NYSE:DVN)
finance.yahoo.com - September 9 at 4:34 PM
4-traders.com logoDevon Energy : to Present at Johnson Rice and Company Energy Conference (NYSE:DVN)
www.4-traders.com - September 9 at 9:32 AM
News IconUpdate on Devon Energy Corporation (NYSE:DVN) for the day (NYSE:DVN)
twincountynews.com - September 9 at 9:32 AM
seekingalpha.com logoDevon Energy: Bullish Updates (NYSE:DVN)
seekingalpha.com - September 8 at 4:36 PM
News IconCitigroup Inc (NYSE:C) & Devon Energy Corp ... - News Is Money - Money News (NYSE:DVN)
www.newsismoney.com - September 7 at 4:51 PM
seekingalpha.com logoDevon Energy: Bullish Updates - Seeking Alpha (NYSE:DVN)
seekingalpha.com - September 7 at 4:51 PM
marketrealist.com logoWhy EnLink Midstream Is Focusing on the Delaware and Stack Region (NYSE:DVN)
marketrealist.com - September 7 at 4:51 PM
finance.yahoo.com logoDevon Energy to Present at Johnson Rice & Company Energy Conference (NYSE:DVN)
finance.yahoo.com - September 7 at 4:51 PM
News IconAnalysts Valuations For Two Stocks: Lincoln National Corporation (NYSE:LNC), Devon Energy Corp (NYSE:DVN) - The Voice Registrar (NYSE:DVN)
voiceregistrar.com - September 7 at 5:13 AM
News IconDevon Energy Corporation (NYSE:DVN) Shorted Shares Increased 11.25% After Market Selling (NYSE:DVN)
larampadinapoli.com - September 6 at 4:36 PM
News IconDevon Energy Corporation (DVN) Shares are Down -0.36% (NYSE:DVN)
magseriesusa.net - September 6 at 4:36 PM
publicnow.com logoDevon Energy Announces Third Successful STACK Spacing Test and High-Rate Extended-Reach Oil Wells (NYSE:DVN)
www.publicnow.com - September 6 at 4:36 PM
News IconLeading stocks in today’s market: Devon Energy Corporation (NYSE:DVN) (NYSE:DVN)
twincountynews.com - September 6 at 9:35 AM
247wallst.com logoTop Analyst Upgrades and Downgrades: Biogen, Broadcom, Devon Energy, Gilead, Mondelez, Urban Outfitters and More (NYSE:DVN)
247wallst.com - September 6 at 9:35 AM
News IconShare Performance and Target Price Review Devon Energy Corp (NYSE:DVN) - Post Registrar (NYSE:DVN)
postregistrar.com - September 5 at 9:19 AM
News IconDevon Energy Corporation (DVN) Receives Price Target (NYSE:DVN)
magseriesusa.net - September 3 at 9:28 AM
News IconIs Devon Energy Corporation (NYSE:DVN), a large market cap stock a smart buy? (NYSE:DVN)
twincountynews.com - September 2 at 9:35 AM
finance.yahoo.com logoPioneer Completes Acquisition of Midland Basin Acreage (NYSE:DVN)
finance.yahoo.com - September 1 at 4:38 PM

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Devon Energy Corp. (NYSE:DVN) Chart for Monday, September, 26, 2016


Last Updated on 9/26/2016 by MarketBeat.com Staff