S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17

Devon Energy (DVN) Stock Forecast, Price & News

$72.58
+1.59 (+2.24%)
(As of 05/17/2022 12:00 AM ET)
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Today's Range
$71.52
$72.83
50-Day Range
$52.46
$72.58
52-Week Range
$24.05
$72.83
Volume
10.74 million shs
Average Volume
13.02 million shs
Market Capitalization
$47.90 billion
P/E Ratio
13.62
Dividend Yield
5.63%
Beta
2.6
30 days | 90 days | 365 days | Advanced Chart
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Devon Energy logo

About Devon Energy

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. It operates approximately 5,134 gross wells. Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.

Headlines

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Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
25179M10
Employees
1,600
Year Founded
1971

Sales & Book Value

Annual Sales
$12.21 billion
Cash Flow
$7.03 per share
Book Value
$13.88 per share

Profitability

Net Income
$2.81 billion
Pretax Margin
30.01%

Debt

Price-To-Earnings

Miscellaneous

Free Float
654,720,000
Market Cap
$47.90 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 3/31 Dividend
3/11/2022
Dividend Payable
3/31/2022
Last Earnings
5/02/2022
Today
5/17/2022
Ex-Dividend for 6/30 Dividend
6/10/2022
Dividend Payable
6/30/2022
Next Earnings (Estimated)
8/02/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.89 out of 5 stars

Oils/Energy Sector

15th out of 386 stocks

Crude Petroleum & Natural Gas Industry

9th out of 125 stocks

Analyst Opinion: 2.4Community Rank: 5.0Dividend Strength: 3.3Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -













Devon Energy (NYSE:DVN) Frequently Asked Questions

Is Devon Energy a buy right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Devon Energy in the last twelve months. There are currently 5 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Devon Energy stock.
View analyst ratings for Devon Energy
or view top-rated stocks.

When is Devon Energy's next earnings date?

Devon Energy is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Devon Energy
.

How were Devon Energy's earnings last quarter?

Devon Energy Co. (NYSE:DVN) posted its quarterly earnings results on Monday, May, 2nd. The energy company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.74 by $0.14. The energy company had revenue of $3.81 billion for the quarter, compared to analysts' expectations of $4.02 billion. Devon Energy had a net margin of 25.69% and a trailing twelve-month return on equity of 36.57%. During the same period last year, the firm posted $0.45 earnings per share.
View Devon Energy's earnings history
.

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

Devon Energy declared a quarterly dividend on Monday, May 2nd. Shareholders of record on Monday, June 13th will be given a dividend of $1.27 per share on Thursday, June 30th. This represents a $5.08 annualized dividend and a yield of 7.00%. The ex-dividend date is Friday, June 10th. This is a boost from Devon Energy's previous quarterly dividend of $1.00.
View Devon Energy's dividend history
.

Is Devon Energy a good dividend stock?

Devon Energy pays an annual dividend of $4.00 per share and currently has a dividend yield of 5.63%. DVN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Devon Energy has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Devon Energy is 75.05%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Devon Energy will have a dividend payout ratio of 44.40% next year. This indicates that Devon Energy will be able to sustain or increase its dividend.
View Devon Energy's dividend history.

How will Devon Energy's stock buyback program work?

Devon Energy declared that its Board of Directors has approved a share buyback program on Monday, May 2nd 2022, which authorizes the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 4.7% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board of directors believes its stock is undervalued.

What price target have analysts set for DVN?

14 Wall Street analysts have issued 1 year target prices for Devon Energy's stock. Their forecasts range from $37.00 to $100.00. On average, they expect Devon Energy's stock price to reach $67.35 in the next twelve months. This suggests that the stock has a possible downside of 7.2%.
View analysts' price targets for Devon Energy
or view top-rated stocks among Wall Street analysts.

Who are Devon Energy's key executives?
Devon Energy's management team includes the following people:
What is John Richels' approval rating as Devon Energy's CEO?

221 employees have rated Devon Energy CEO John Richels on Glassdoor.com. John Richels has an approval rating of 34% among Devon Energy's employees. This puts John Richels in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

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), Intel (INTC), Micron Technology (MU), Cisco Systems (CSCO), Pfizer (PFE), Exxon Mobil (XOM), Chevron (CVX), ConocoPhillips (COP), AT&T (T) and General Electric (GE).

What is Devon Energy's stock symbol?

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

Who are Devon Energy's major shareholders?

Devon Energy's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.42%), State Street Corp (6.35%), GQG Partners LLC (2.28%), Invesco Ltd. (2.06%), Bank of New York Mellon Corp (1.49%) and EnCap Energy Capital Fund X L.P. (1.37%). Company insiders that own Devon Energy stock include Ann G Fox, Clay M Gaspar, Dennis C Cameron, Felix Investments Holdings Ii,, Jeffrey L Ritenour, Jeremy D Humphers, Kelt Kindick and Tana K Cashion.
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 EnCap Energy Capital Fund X L.P., Invesco Ltd., Fuller & Thaler Asset Management Inc., EnCap Energy Capital Fund IX L.P., 1832 Asset Management L.P., Bank of New York Mellon Corp, Victory Capital Management Inc., and Permian Investment Partners LP. Company insiders that have sold Devon Energy company stock in the last year include Ann G Fox, Clay M Gaspar, Dennis C Cameron, Jeffrey L Ritenour, Jeremy D Humphers, Kelt Kindick, and Tana K Cashion.
View insider buying and selling activity for Devon Energy
or view top insider-selling stocks.

Which major investors are buying Devon Energy stock?

DVN stock was purchased by a variety of institutional investors in the last quarter, including Boston Partners, Bank of Montreal Can, Arrowstreet Capital Limited Partnership, First Trust Advisors LP, Dimensional Fund Advisors LP, Asia Research & Capital Management Ltd, Twin Tree Management LP, and UBS Group AG.
View insider buying and selling activity for Devon Energy
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Devon Energy's stock price today?

One share of DVN stock can currently be purchased for approximately $72.58.

How much money does Devon Energy make?

Devon Energy has a market capitalization of $47.90 billion and generates $12.21 billion in revenue each year. The energy company earns $2.81 billion in net income (profit) each year or $5.329990 on an earnings per share basis.

How many employees does Devon Energy have?

Devon Energy employs 1,600 workers across the globe.

Does Devon Energy have any subsidiaries?

The following companies are subsidiares of Devon Energy: Anderson Exploration, Bleu Falcon Holdings Inc., Chief Oil & Gas LLC, Devon Canada Corporation, Devon Energy Corporation, Devon Energy International L.L.C., Devon Energy Production Company L.P., Devon Financing Company L.L.C., Devon Gas Co. L.L.C., Devon Gas Services L.P., Devon Headquarters L.L.C., Devon OEI Holdings L.L.C., Devon OEI Operating L.L.C., Felix Energy LLC, Hondo Oil & Gas Co, Kerr McGee, Mitchell Energy & Development Corp, Northstar Energy Corp, Ocean Energy Inc, PennzEnergy Company, Santa Fe Snyder Corp., and WPX Energy.

When was Devon Energy founded?

Devon Energy was founded in 1971.

What is Devon Energy's official website?

The official website for Devon Energy is 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, via email at [email protected], or via fax at 405-552-4550.

This page was last updated on 5/18/2022 by MarketBeat.com Staff

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