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: $44.43
  • 50 Day Moving Average: $39.84
  • 200 Day Moving Average: $32.74
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 52.27
  • P/E Growth: -36.09
  • Market Cap: $23.26B
  • Outstanding Shares: 523,599,000
  • Beta: 2.02
Additional Links:
Companies Related to Devon Energy Corp.:

Analyst Ratings

Consensus Ratings for Devon Energy Corp. (NYSE:DVN) (?)
Ratings Breakdown: 1 Sell Rating, 11 Hold Ratings, 21 Buy Ratings, 2 Strong Buy Ratings
Consensus Rating:Buy (Score: 2.69)
Consensus Price Target: $41.47 (6.67% downside)

Analysts' Ratings History for Devon Energy Corp. (NYSE:DVN)
Show:
DateFirmActionRatingPrice TargetDetails
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
8/4/2016Barclays PLCBoost Price TargetOverweight$43.00 -> $45.00View 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
7/18/2016Citigroup Inc.Reiterated RatingBuy$40.00 -> $45.00View 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
9/8/2014Raymond James Financial Inc.Lower Price Target$93.00 -> $91.00View Rating Details
(Data available from 8/28/2014 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: $-0.44 EPS
Next Year EPS Consensus Estimate: $0.85 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)$0.19($0.12)
Q4 20163($0.07)$0.16$0.02
Q1 20171$0.05$0.05$0.05
Q2 20171$0.03$0.03$0.03
Q3 20171$0.05$0.05$0.05
Q4 20171$0.09$0.09$0.09
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Devon Energy Corp. (NYSE:DVN)
Annual Dividend:$0.24
Dividend Yield:0.54%
Payout Ratio:-0.82% (Based on Trailing 12 Months of Earnings)
-54.55% (Based on Current Year Consensus EPS Estimate)
28.24% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:6.30% (3 Year Average)

Dividend History for Devon Energy Corp. (NYSE:DVN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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)
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
investornewswire.com logoDevon Energy Corporation (NYSE:DVN) Gets 0 Recommendations To Sell - Investor Newswire (NYSE:DVN)
www.investornewswire.com - August 27 at 4:29 PM
News IconAnalysts Valuations For Two Stocks: Devon Energy Corp (NYSE:DVN), Southern Co (NYSE:SO) - The Voice Registrar (NYSE:DVN)
voiceregistrar.com - August 26 at 4:02 PM
thestreet.com logoDevon Energy Still Shows the Right (Technical) Stuff (NYSE:DVN)
realmoney.thestreet.com - August 26 at 4:02 PM
News IconDevon Energy Corporation's (DVN): Stock Roundup - Hot Stocks Point (NYSE:DVN)
www.hotstockspoint.com - August 25 at 4:47 PM
News IconBasic Material Stocks in Focus: Exxon Mobil Corporation (NYSE:XOM), Devon Energy Corp (NYSE:DVN) - Post Registrar (NYSE:DVN)
postregistrar.com - August 25 at 9:42 AM
News IconStocks on the Move - Devon Energy (NYSE:DVN), Stratasys (NASDAQ:SSYS) - Money News (press release) (NYSE:DVN)
www.newsismoney.com - August 25 at 9:42 AM
finance.yahoo.com logoPDC Energy (PDCE) Looks Good: Stock Adds 5.2% in Session (NYSE:DVN)
finance.yahoo.com - August 25 at 9:41 AM
finance.yahoo.com logoDevon Energy (DVN): Strong Industry, Solid Earnings Estimate Revisions (NYSE:DVN)
finance.yahoo.com - August 25 at 9:41 AM
finance.yahoo.com logoDevon Energy to Present at Barclays CEO Energy-Power Conference (NYSE:DVN)
finance.yahoo.com - August 24 at 4:41 PM
blogs.barrons.com logoOil Stocks: Going Up? (NYSE:DVN)
blogs.barrons.com - August 24 at 4:41 PM
nasdaq.com logoWhy the Earnings Streak Will Continue for Devon Energy (DVN) - Nasdaq (NYSE:DVN)
www.nasdaq.com - August 23 at 4:50 PM
benzinga.com logoAre Investors Underappreciating Devon Energy? - Benzinga (NYSE:DVN)
www.benzinga.com - August 23 at 4:50 PM
finance.yahoo.com logoWhy the Earnings Streak Will Continue for Devon Energy (DVN) (NYSE:DVN)
finance.yahoo.com - August 23 at 4:50 PM
News IconNotable Stocks on the Run: Devon Energy Corp (NYSE:DVN), Estee Lauder Companies Inc (NYSE:EL) - NYSE Journal (press release) (NYSE:DVN)
stockznews.com - August 22 at 4:46 PM
bizjournals.com logoMarathon Oil CFO steps down, other exec changes announced (NYSE:DVN)
www.bizjournals.com - August 22 at 4:46 PM
wsj.com logo[$$] Marathon Oil CFO Departs (NYSE:DVN)
www.wsj.com - August 22 at 9:24 AM
wsj.com logo[$$] Some Shale Drillers Return to Oil Patch (NYSE:DVN)
www.wsj.com - August 21 at 4:28 PM
nasdaq.com logoWhy Devon Energy (DVN) Could Be Positioned for a Surge? - Nasdaq (NYSE:DVN)
www.nasdaq.com - August 20 at 8:09 AM
News IconInvestor's Alert: Leidos Holdings, Inc. (NYSE:LDOS), Devon Energy Corp (NYSE:DVN) - NYSE Journal (press release) (NYSE:DVN)
stockznews.com - August 19 at 3:49 PM
zacks.com logoWhy Devon Energy (DVN) Could Be Positioned for a Surge? (NYSE:DVN)
www.zacks.com - August 19 at 8:18 AM
finance.yahoo.com logoDevon Energy Announces Pricing of Maximum Tender Offers (NYSE:DVN)
finance.yahoo.com - August 18 at 10:03 PM
feeds.reuters.com logoBRIEF-Devon Energy announces pricing of maximum tender offers (NYSE:DVN)
feeds.reuters.com - August 18 at 5:56 PM
mysmartrend.com logoDevon Energy Up 25.3% Since SmarTrend Uptrend Call (DVN) (NYSE:DVN)
www.mysmartrend.com - August 18 at 4:45 PM
News IconDevon Energy Corporation (NYSE:DVN) Consensus Earnings Estimates (NYSE:DVN)
myhealthbowl.com - August 18 at 4:45 PM
feeds.reuters.com logoBRIEF-Devon Energy announces early tender results (NYSE:DVN)
feeds.reuters.com - August 18 at 8:17 AM
finance.yahoo.com logo3 Reasons Why Devon Energy (DVN) is a Great Momentum Stock - Yahoo Finance (NYSE:DVN)
finance.yahoo.com - August 18 at 7:51 AM
zacks.com logo3 Reasons Why Devon Energy (DVN) is a Great Momentum Stock (NYSE:DVN)
www.zacks.com - August 17 at 4:53 PM
News IconLarge Cap Independent Oil & Gas: Devon Energy Corporation (NYSE:DVN) (NYSE:DVN)
twincountynews.com - August 17 at 4:53 PM
News IconTop Gainers of the Day: Devon Energy Corporation (NYSE:DVN) from Independent Oil & Gas (NYSE:DVN)
twincountynews.com - August 16 at 9:55 PM
seekingalpha.com logoDevon Energy added to US 1 List at BofA/Merrill (NYSE:DVN)
seekingalpha.com - August 16 at 4:47 PM
News IconInvestor's Watch: Devon Energy Corporation (NYSE:DVN) - Post Registrar (NYSE:DVN)
postregistrar.com - August 13 at 7:52 AM
thestreet.com logoWhile Other Energy Companies Continue to Stumble, Devon Keeps Its Momentum (NYSE:DVN)
www.thestreet.com - August 12 at 4:46 PM
fidaily.com logoArtisan Partners Limited Partnership Modifies Its Position in Devon Energy Corporation Common (DVN) Stock Last Quarter (NYSE:DVN)
www.fidaily.com - August 11 at 4:52 PM
forbes.com logoThursday Sector Leaders: Energy, Services (NYSE:DVN)
www.forbes.com - August 11 at 3:17 PM
finance.yahoo.com logoDevon Energy Announces Pricing and Expiration of Any and All Tender Offers (NYSE:DVN)
finance.yahoo.com - August 10 at 10:54 PM
tradecalls.org logoSpot Trading L.l.c buys $10,062,932 stake in Devon Energy Corp (DVN) (NYSE:DVN)
www.tradecalls.org - August 9 at 8:56 PM
News IconWhat do analysts suggest for: Devon Energy Corporation (NYSE:DVN) (NYSE:DVN)
www.newsoracle.com - August 9 at 8:56 PM
News IconStocks on Trader's Radar: Vale SA (ADR)(NYSE:VALE), Devon Energy Corp (NYSE:DVN) - NYSE Journal (press release) (NYSE:DVN)
stockznews.com - August 9 at 3:22 PM
finance.yahoo.com logoDevon Energy (DVN) Continues to Gain from Cost Savings (NYSE:DVN)
finance.yahoo.com - August 9 at 3:22 PM
thestreet.com logoWatch Out for Slowing Momentum in Devon Energy (NYSE:DVN)
realmoney.thestreet.com - August 9 at 3:22 PM
finance.yahoo.com logoDEVON ENERGY CORP/DE Financials (NYSE:DVN)
finance.yahoo.com - August 9 at 3:22 PM
tradecalls.org logoSpot Trading L.l.c buys $10062932 stake in Devon Energy Corp (DVN) - Trade Calls (NYSE:DVN)
www.tradecalls.org - August 9 at 7:47 AM
thestreet.com logoCramer: The Bull Market in Energy Stocks Overtook the Oil Bear Market (NYSE:DVN)
realmoney.thestreet.com - August 9 at 7:47 AM
News IconIs Devon Energy Corporation (NYSE:DVN), a large market cap stock a smart buy? (NYSE:DVN)
twincountynews.com - August 8 at 10:04 PM
marketrealist.com logoWhat Does Devon Energy’s Implied Volatility Forecast for Its Stock Price? (NYSE:DVN)
marketrealist.com - August 8 at 9:32 AM
seekingalpha.com logoDevon Energy: Second-Quarter Earnings Review - Seeking Alpha (NYSE:DVN)
seekingalpha.com - August 7 at 4:35 PM
News IconDevon Energy's Highest Margin Product Saw Lower 2Q Production (NYSE:DVN)
myhealthbowl.com - August 7 at 9:09 AM
seekingalpha.com logoDevon Energy: Second-Quarter Earnings Review (NYSE:DVN)
seekingalpha.com - August 7 at 9:09 AM
investornewswire.com logoStrong Sell Calls For Devon Energy Corporation (NYSE:DVN) At 1 - Investor Newswire (NYSE:DVN)
www.investornewswire.com - August 6 at 5:02 PM
News IconToday's Top Gainers in the Market Devon Energy Corporation (NYSE:DVN) from Basic Materials - The Daily Leicester (NYSE:DVN)
thedailyleicester.com - August 6 at 8:14 AM

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Devon Energy Corp. (NYSE:DVN) Chart for Sunday, August, 28, 2016


Last Updated on 8/28/2016 by MarketBeat.com Staff