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

$22.37
-0.16 (-0.71 %)
(As of 11/12/2019 04:00 PM ET)
Today's Range
$22.16
Now: $22.37
$23.07
50-Day Range
$19.80
MA: $22.08
$26.11
52-Week Range
$19.72
Now: $22.37
$35.39
Volume7.75 million shs
Average Volume7.16 million shs
Market Capitalization$8.59 billion
P/E Ratio17.34
Dividend Yield1.60%
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$4.86 per share
Book Value$19.62 per share

Profitability

Net Income$3.06 billion

Miscellaneous

Employees2,900
Market Cap$8.59 billion
Next Earnings Date2/18/2020 (Estimated)
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 announced a quarterly dividend on Wednesday, September 11th. Investors of record on Friday, December 13th will be given a dividend of $0.09 per share on Friday, December 27th. This represents a $0.36 annualized dividend and a dividend yield of 1.61%. 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 has initiated a stock repurchase program on Wednesday, June 6th 2018, which allows the company to buyback $3,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 14.6% of its stock through open market purchases. Stock buyback programs are often 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) posted its quarterly earnings data on Tuesday, November, 5th. The energy company reported $0.29 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.19 by $0.10. The energy company earned $1.85 billion during the quarter, compared to analyst estimates of $1.57 billion. Devon Energy had a net margin of 16.00% and a return on equity of 6.37%. During the same quarter last year, the firm posted $0.63 earnings per share. 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, February 18th 2020. View Earnings Estimates for Devon Energy.

What price target have analysts set for DVN?

24 analysts have issued 1 year price objectives for Devon Energy's stock. Their forecasts range from $25.50 to $50.00. On average, they expect Devon Energy's stock price to reach $35.81 in the next year. This suggests a possible upside of 60.1% from the stock's current price. View Analyst Price Targets for Devon Energy.

What is the consensus analysts' recommendation for Devon Energy?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Devon Energy in the last year. There are currently 2 sell ratings, 12 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?

News stories about DVN stock have trended very negative this week, InfoTrie reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Devon Energy earned a news sentiment score of -3.2 on InfoTrie's scale. They also assigned news stories about the energy company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Devon Energy.

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), Chevron (CVX), Chesapeake Energy (CHK), 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 a number of of institutional and retail investors. Top institutional shareholders include Diamond Hill Capital Management Inc. (1.32%), Fisher Asset Management LLC (0.63%), Letko Brosseau & Associates Inc. (0.47%), Sumitomo Mitsui Trust Holdings Inc. (0.46%), Poplar Forest Capital LLC (0.33%) and Tweedy Browne Co LLC (0.29%). 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 major investors are selling Devon Energy stock?

DVN stock was sold by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc., Caymus Capital Partners L.P., State of New Jersey Common Pension Fund D, Mackay Shields LLC, Tweedy Browne Co LLC, Picton Mahoney Asset Management, BB&T Corp and California Public Employees Retirement System. View Insider Buying and Selling for Devon Energy.

Which major investors are buying Devon Energy stock?

DVN stock was bought by a variety of institutional investors in the last quarter, including Teacher Retirement System of Texas, Great West Life Assurance Co. Can, Robeco Institutional Asset Management B.V., Russell Investments Group Ltd., Assenagon Asset Management S.A., SG Americas Securities LLC, State of Alaska Department of Revenue and Commerzbank Aktiengesellschaft FI. 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 $22.37.

How big of a company is Devon Energy?

Devon Energy has a market capitalization of $8.59 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:  1,159 (Vote Outperform)
Underperform Votes:  734 (Vote Underperform)
Total Votes:  1,893
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 11/12/2019 by MarketBeat.com Staff

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