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Devon Energy Stock Price, News & Analysis (NYSE:DVN)

$20.26
-0.38 (-1.84 %)
(As of 10/18/2019 09:15 AM ET)
Today's Range
$20.17
Now: $20.27
$20.73
50-Day Range
$20.27
MA: $23.38
$28.26
52-Week Range
$20.09
Now: $20.27
$35.76
Volume2.42 million shs
Average Volume6.37 million shs
Market Capitalization$8.19 billion
P/E Ratio15.71
Dividend Yield1.72%
Beta2.35
Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States and Canada. It operates approximately 12,900 gross wells. The company was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
CUSIP25179M10
Phone405-235-3611

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$10.73 billion
Cash Flow$4.81 per share
Book Value$19.62 per share

Profitability

Net Income$3.06 billion

Miscellaneous

Employees2,900
Market Cap$8.19 billion
Next Earnings Date11/5/2019 (Confirmed)
OptionableOptionable

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Devon Energy (NYSE:DVN) Frequently Asked Questions

What is Devon Energy's stock symbol?

Devon Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "DVN."

How often does Devon Energy pay dividends? What is the dividend yield for Devon Energy?

Devon Energy declared a quarterly dividend on Wednesday, September 11th. Shareholders of record on Friday, December 13th will be paid a dividend of $0.09 per share on Friday, December 27th. This represents a $0.36 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date of this dividend is Thursday, December 12th. View Devon Energy's Dividend History.

How will Devon Energy's stock buyback program work?

Devon Energy declared that its Board of Directors has authorized a share buyback plan on Wednesday, June 6th 2018, which authorizes the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 14.6% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

How were Devon Energy's earnings last quarter?

Devon Energy Corp (NYSE:DVN) announced its quarterly earnings data on Tuesday, August, 6th. The energy company reported $0.43 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.36 by $0.07. The energy company earned $1.92 billion during the quarter, compared to analyst estimates of $2.09 billion. Devon Energy had a net margin of 39.80% and a return on equity of 8.42%. The company's revenue for the quarter was down .1% on a year-over-year basis. During the same period last year, the business posted $0.34 EPS. View Devon Energy's Earnings History.

When is Devon Energy's next earnings date?

Devon Energy is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Devon Energy.

How can I listen to Devon Energy's earnings call?

Devon Energy will be holding an earnings conference call on Tuesday, November 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for DVN?

23 analysts have issued 12-month price objectives for Devon Energy's shares. Their forecasts range from $25.50 to $50.00. On average, they anticipate Devon Energy's stock price to reach $36.15 in the next year. This suggests a possible upside of 78.4% from the stock's current price. View Analyst Price Targets for Devon Energy.

What is the consensus analysts' recommendation for Devon Energy?

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Devon Energy in the last year. There are currently 2 sell ratings, 11 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Devon Energy.

Has Devon Energy been receiving favorable news coverage?

Headlines about DVN stock have trended neutral on Friday, according to InfoTrie. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Devon Energy earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave press coverage about the energy company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Devon Energy.

Are investors shorting Devon Energy?

Devon Energy saw a increase in short interest during the month of September. As of September 15th, there was short interest totalling 19,730,000 shares, an increase of 17.0% from the August 15th total of 16,870,000 shares. Based on an average daily volume of 6,930,000 shares, the short-interest ratio is currently 2.8 days. Approximately 5.0% of the shares of the stock are short sold. View Devon Energy's Current Options Chain.

Who are some of Devon Energy's key competitors?

What other stocks do shareholders of Devon Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Devon Energy investors own include Bank of America (BAC), Micron Technology (MU), ConocoPhillips (COP), Gilead Sciences (GILD), Alibaba Group (BABA), Chesapeake Energy (CHK), Chevron (CVX), Exxon Mobil (XOM), Intel (INTC) and General Electric (GE).

Who are Devon Energy's key executives?

Devon Energy's management team includes the folowing people:
  • Mr. David A. Hager, Pres, CEO & Director (Age 62)
  • Mr. Jeffrey L. Ritenour, Exec. VP & CFO (Age 46)
  • Mr. Tony D. Vaughn, Chief Operating Officer (Age 61)
  • Mr. Lyndon C. Taylor, Exec. VP & Gen. Counsel (Age 60)
  • Mr. J. Larry Nichols, Co-Founder & Chairman Emeritus (Age 77)

Who are Devon Energy's major shareholders?

Devon Energy's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Robeco Institutional Asset Management B.V. (0.17%), Hexavest Inc. (0.16%), State of Alaska Department of Revenue (0.05%), Commerzbank Aktiengesellschaft FI (0.04%), Nisa Investment Advisors LLC (0.04%) and Meyer Handelman Co. (0.03%). Company insiders that own Devon Energy stock include Jeremy D Humphers, John E Bethancourt, Lyndon C Taylor and Robert H Henry. View Institutional Ownership Trends for Devon Energy.

Which institutional investors are selling Devon Energy stock?

DVN stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, Miller Howard Investments Inc. NY, Hexavest Inc., Envestnet Asset Management Inc., Cerebellum GP LLC, Salem Capital Management Inc., Marketfield Asset Management LLC and First Citizens Bank & Trust Co.. View Insider Buying and Selling for Devon Energy.

Which institutional investors are buying Devon Energy stock?

DVN stock was purchased by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Assenagon Asset Management S.A., State of Alaska Department of Revenue, Commerzbank Aktiengesellschaft FI, Wealthfront Advisers LLC, Meeder Asset Management Inc., Everence Capital Management Inc. and Cerebellum GP LLC. Company insiders that have bought Devon Energy stock in the last two years include John E Bethancourt and Robert H Henry. View Insider Buying and Selling for Devon Energy.

How do I buy shares of Devon Energy?

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

What is Devon Energy's stock price today?

One share of DVN stock can currently be purchased for approximately $20.27.

How big of a company is Devon Energy?

Devon Energy has a market capitalization of $8.19 billion and generates $10.73 billion in revenue each year. The energy company earns $3.06 billion in net income (profit) each year or $1.29 on an earnings per share basis. Devon Energy employs 2,900 workers across the globe.View Additional Information About Devon Energy.

What is Devon Energy's official website?

The official website for Devon Energy is http://www.devonenergy.com/.

How can I contact Devon Energy?

Devon Energy's mailing address is 333 WEST SHERIDAN AVENUE, OKLAHOMA CITY OK, 73102. The energy company can be reached via phone at 405-235-3611 or via email at [email protected]


MarketBeat Community Rating for Devon Energy (NYSE DVN)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  1,158 (Thanks for Voting!)
Underperform Votes:  730 (Thanks for Voting!)
Total Votes:  1,888
MarketBeat's community ratings are surveys of what our community members think about Devon Energy and other stocks. Vote "Outperform" if you believe DVN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DVN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/18/2019 by MarketBeat.com Staff

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