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: $40.46
  • 50 Day Moving Average: $42.33
  • 200 Day Moving Average: $38.41
  • 52-Week Range: $18.07 - $48.68
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 43.04
  • P/E Growth: -41.38
  • Market Cap: $21.18B
  • Outstanding Shares: 523,599,000
  • Beta: 1.96
  • Net Margins: -114.09%
  • Return on Equity: 3.62%
  • Return on Assets: 1.40%
  • 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: $41.90 (3.55% upside)

Analysts' Ratings History for Devon Energy Corp. (NYSE:DVN)
DateFirmActionRatingPrice TargetDetails
10/10/2016Bank of America Corp.Set Price TargetBuy$64.00View Rating Details
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
8/3/2016Credit 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 10/28/2014 forward)


Earnings History for Devon Energy Corp. (NYSE:DVN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2016Q316$0.07$2.66 billionN/AView Earnings Details
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)


Earnings Estimates for Devon Energy Corp. (NYSE:DVN)
Current Year EPS Consensus Estimate: $-0.22 EPS
Next Year EPS Consensus Estimate: $0.94 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166($0.68)($0.24)($0.51)
Q2 20165($0.43)($0.11)($0.26)
Q3 20165($0.29)$0.09($0.07)
Q4 20163($0.07)$0.15$0.07
Q1 20171$0.23$0.23$0.23
Q2 20171$0.20$0.20$0.20
Q3 20171$0.21$0.21$0.21
Q4 20171$0.25$0.25$0.25
(Data provided by Zacks Investment Research)


Current Dividend Information for Devon Energy Corp. (NYSE:DVN)
Annual Dividend:$0.24
Dividend Yield:0.59%
Dividend Growth:6.30% (3 Year Average)
Payout Ratio:-0.82% (Based on Trailing 12 Months of Earnings)
-109.09% (Based on Current Year Consensus EPS Estimate)
25.53% (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
(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: 75.61%
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)


Latest Headlines for Devon Energy Corp. (NYSE:DVN)
DateHeadline logo3 Stocks to Watch For: Ariad Pharmaceuticals Inc. (ARIA), Devon Energy Corporation (DVN), Fairmount Santrol ... - iStreetWire (NYSE:DVN) - October 27 at 3:29 PM logoWorth Watching Stocks Devon Energy Corp (NYSE:DVN), Tenet Healthcare Corp (NYSE:THC) - Wall Street 24 (NYSE:DVN) - October 27 at 3:29 PM logoDevon Energy (DVN) Q3 Earnings: Stock Likely to Beat Again - Nasdaq (NYSE:DVN) - October 27 at 3:29 PM
News IconWhere is Devon Energy Corporation (NYSE:DVN) Headed Near Term? (NYSE:DVN) - October 27 at 9:21 AM logoDevon Energy (DVN) Q3 Earnings: Stock Likely to Beat Again (NYSE:DVN) - October 27 at 9:21 AM logoFinal Trade: DVN, MON & more (NYSE:DVN) - October 27 at 9:21 AM logoHow Devon Energy’s Stock Reacted to Past Earnings Releases (NYSE:DVN) - October 27 at 9:21 AM
News IconDevon Energy, (NYSE:DVN), AEGON, (NYSE:AEG) (NYSE:DVN) - October 26 at 6:34 AM logoDevon Energy Earnings Preview (NYSE:DVN) - October 25 at 9:56 PM
News IconTop Basic Materials Sector Picking: Atwood Oceanics, Inc. (ATW), Devon Energy Corporation (DVN) - The Independent Republic (NYSE:DVN) - October 25 at 4:45 PM logoDevon Energy Earnings Preview - Seeking Alpha (NYSE:DVN) - October 25 at 4:45 PM logoDevon Energy’s Production to Fall Significantly in 3Q16 (NYSE:DVN) - October 25 at 4:45 PM logoAlliance Resource (ARLP) Q3 Earnings: Will the Stock Beat? (NYSE:DVN) - October 25 at 9:36 AM logoInvestor's Alert Mylan NV (NASDAQ:MYL), Devon Energy Corp (NYSE:DVN) - Wall Street 24 (NYSE:DVN) - October 24 at 9:55 AM logoAnalysts EPS Target At $0.05 For Devon Energy Corporation (NYSE:DVN) - Stocks Daily (NYSE:DVN) - October 23 at 4:37 PM
News IconDevon Energy Corporation (NYSE:DVN) from Independent Oil & Gas - Todays Top Gains (NYSE:DVN) - October 23 at 9:18 AM
News IconDevon Energy Corporation (NYSE: DVN) – Is this large market cap stock undervalued? - The Daily Leicester (NYSE:DVN) - October 22 at 4:31 PM
News IconTwo Basic Materials Stocks Are Hot: Rice Energy Inc. (RICE), Devon ... - The Independent Republic (NYSE:DVN) - October 22 at 4:31 PM
News IconDevon Energy Corporation (NYSE:DVN) from Independent Oil & Gas – Todays Top Gains (NYSE:DVN) - October 21 at 4:47 PM
News IconPumping the Brakes, Stock Gapping Downward: Devon Energy Corporation (NYSE:DVN) - CSZ News (NYSE:DVN) - October 20 at 4:42 PM
News IconTwo Basic Materials Stocks Are Hot: Chevron Corporation (CVX), Devon Energy Corporation (DVN) - The Independent Republic (NYSE:DVN) - October 20 at 4:42 PM
News IconAK Steel Holding Corporation (NYSE:AKS) & Devon Energy Corp (NYSE:DVN) Traders Recap - Money News (NYSE:DVN) - October 20 at 4:42 PM
News IconTrader's Buzzers: KeyCorp (NYSE:KEY), Devon Energy Corp (NYSE:DVN) - NYSE Journal (press release) (NYSE:DVN) - October 20 at 10:11 AM logoDevon Energy: Buy On The Dip (NYSE:DVN) - October 19 at 5:06 PM
News IconTop Gainers of the Day: Devon Energy Corporation (NYSE:DVN) from Independent Oil & Gas (NYSE:DVN) - October 19 at 5:06 PM logoWhy Permian Prices Will Keep Breaking Records (NYSE:DVN) - October 19 at 5:06 PM
News IconHot Watch to Target- Devon Energy Corporation (NYSE:DVN) - Hot Stocks Point (NYSE:DVN) - October 19 at 9:40 AM logoWhich Segment Will Drive EnLink Midtsream’s 3Q16 Results (NYSE:DVN) - October 19 at 9:40 AM logoDevon Energy: Buy On The Dip - Devon Energy Corporation (NYSE ... - Seeking Alpha (NYSE:DVN) - October 18 at 4:40 PM logoDevon Energy to Report Third-Quarter 2016 Results Nov. 1; Conference Call Scheduled for Nov. 2 (NYSE:DVN) - October 18 at 4:40 PM logoOccidental Petroleum: Poised for Strong 3Q16 Results (NYSE:DVN) - October 18 at 4:40 PM logoDevon Energy Corp. breached its 50 day moving average in a Bearish Manner : DVN-US : October 18, 2016 (NYSE:DVN) - October 18 at 9:43 AM
News IconLeading stocks in today’s market: Devon Energy Corporation (NYSE:DVN) (NYSE:DVN) - October 16 at 9:22 AM
News IconIndependent Oil & Gas: Devon Energy Corporation (NYSE:DVN) Position of the day (NYSE:DVN) - October 15 at 4:32 PM logoETF’s with exposure to Devon Energy Corp. : October 14, 2016 (NYSE:DVN) - October 15 at 9:31 AM logoStocks on the Move Devon Energy Corp (NYSE:DVN), Johnson Controls International plc Ordinary Share (NYSE:JCI) - Wall Street 24 (NYSE:DVN) - October 13 at 9:54 PM
News Icon2 Sizzling Hot Basic Materials Stocks: Spectra Energy Corp. (SE ... - The Independent Republic (NYSE:DVN) - October 13 at 9:54 PM
News IconStock Momentum Curbed Pre-Bell, Gapping Down: Devon Energy Corporation (NYSE:DVN) - CSZ News (NYSE:DVN) - October 13 at 9:54 PM
News IconHigh Market Cap Stock of the Day – Devon Energy Corporation (NYSE:DVN) (NYSE:DVN) - October 13 at 4:42 PM
News IconSell-side is Weighing in on Devon Energy Corporation (NYSE:DVN) Earnings - CSZ News (NYSE:DVN) - October 13 at 8:00 AM
News Icon2 Stocks Attracting Analyst Attention: Colgate-Palmolive Company (NYSE:CL), Devon Energy Corp (NYSE:DVN) - The Voice Registrar (NYSE:DVN) - October 13 at 8:00 AM
News IconEarnings Reaction History: Devon Energy Corporation (NYSE:DVN) has a 51.85% chance to rise - The Independent Republic (NYSE:DVN) - October 13 at 8:00 AM logoWhy Devon Energy Corp.'s Share Price Has More Room To Run (NYSE:DVN) - October 12 at 4:56 PM
News IconNoteworthy Analyst Ratings of Two Stocks Abbott Laboratories (NYSE:ABT), Devon Energy Corp (NYSE:DVN) - The Voice Registrar (NYSE:DVN) - October 12 at 9:33 AM logoWorth Watching Stocks: Devon Energy Corporation (DVN), First Data Corporation (FDC), Valero Energy Corporation ... - iStreetWire (NYSE:DVN) - October 12 at 9:33 AM
News IconFiling Analysis: Devon Energy (DVN) Shareholder Davidson Investment Advisors Increased Stake - Chester News (NYSE:DVN) - October 12 at 9:33 AM
News IconLarge Cap Independent Oil & Gas: Devon Energy Corporation (NYSE:DVN) (NYSE:DVN) - October 11 at 4:50 PM
News IconTwo Basic Materials Stocks Are Hot: Schlumberger Limited (SLB), Devon Energy Corporation (DVN) - The Independent Republic (NYSE:DVN) - October 10 at 4:31 PM logoDEVON ENERGY : COMPLETES SALE OF ACCESS PIPELINE (NYSE:DVN) - October 10 at 9:29 AM
News IconHot Stocks News Recap: Verizon Communications Inc. (NYSE:VZ), Devon Energy Corp (NYSE:DVN) - Investors News (NYSE:DVN) - October 7 at 4:37 PM


Devon Energy Corp. (NYSE:DVN) Chart for Friday, October, 28, 2016

Last Updated on 10/28/2016 by Staff