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
Phone405-235-3611
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$10.73 billion
Profitability
Miscellaneous
Employees2,900
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable
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 yield of 1.38%. 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 announced that its Board of Directors has authorized a share buyback program on Wednesday, June 6th 2018, which allows the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 14.6% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's board believes its stock is undervalued.
How were Devon Energy's earnings last quarter?
Devon Energy Corp (NYSE:DVN) issued its quarterly earnings data on Tuesday, August, 6th. The energy company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.07. The energy company had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $2.09 billion. Devon Energy had a net margin of 39.80% and a return on equity of 8.42%. The business's revenue for the quarter was down .1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.34 EPS. View Devon Energy's Earnings History.
When is Devon Energy's next earnings date?
What price target have analysts set for DVN?
22 equities research analysts have issued twelve-month price targets for Devon Energy's stock. Their forecasts range from $25.50 to $50.00. On average, they anticipate Devon Energy's stock price to reach $36.7188 in the next year. This suggests a possible upside of 40.6% from the stock's current price. View Analyst Price Targets for Devon Energy.
What is the consensus analysts' recommendation for Devon Energy?
22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Devon Energy in the last year. There are currently 2 sell ratings, 10 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?
Media stories about DVN stock have been trending negative recently, InfoTrie reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Devon Energy earned a daily sentiment score of -2.9 on InfoTrie's scale. They also gave news articles about the energy company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Devon Energy.
Are investors shorting Devon Energy?
Devon Energy saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 15,914,300 shares, an increase of 5.4% from the July 31st total of 15,099,400 shares. Based on an average daily trading volume, of 6,660,000 shares, the days-to-cover ratio is currently 2.4 days. Approximately 4.1% of the company's shares are short sold. View Devon Energy's Current Options Chain.
Who are some of Devon Energy's key competitors?
Some companies that are related to Devon Energy include Ecopetrol (EC), Occidental Petroleum (OXY), The Hong Kong and China Gas (HOKCY), Canadian Natural Resources (CNQ), Pioneer Natural Resources (PXD), WOODSIDE PET LT/ADR (WOPEY), Rwe Ag Sp (RWEOY), Diamondback Energy (FANG), Concho Resources (CXO), Continental Resources (CLR), GALP ENERGIA SG/ADR (GLPEY), TORAY INDUSTRIE/ADR (TRYIY), Cenovus Energy (CVE), Sasol (SSL) and Noble Energy (NBL).
What other stocks do shareholders of Devon Energy own?
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 Vanguard Group Inc. (11.31%), BlackRock Inc. (7.61%), BlackRock Inc. (7.40%), Invesco Ltd. (6.94%), Victory Capital Management Inc. (2.02%) and Price T Rowe Associates Inc. MD (1.99%). 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 Bank of America Corp DE, AQR Capital Management LLC, BlackRock Inc., BlackRock Inc., Vanguard Group Inc., Diamond Hill Capital Management Inc., Panagora Asset Management Inc. and Nomura Holdings Inc.. 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 Price T Rowe Associates Inc. MD, Nuveen Asset Management LLC, Balyasny Asset Management LLC, Caymus Capital Partners L.P., Invesco Ltd., Victory Capital Management Inc., Hexavest Inc. and Worldquant Millennium Advisors 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 $26.11.
How big of a company is Devon Energy?
Devon Energy has a market capitalization of $10.55 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?
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)
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.
