Devon Energy Stock Forecast, Price & News

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Devon Energy in the last twelve months. There are currently 2 hold ratings, 18 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Devon Energy stock.
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Wall Street analysts have given Devon Energy a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Devon Energy wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Devon Energy saw a increase in short interest in August. As of August 31st, there was short interest totaling 19,930,000 shares, an increase of 20.9% from the August 15th total of 16,480,000 shares. Based on an average daily trading volume, of 10,110,000 shares, the days-to-cover ratio is currently 2.0 days. Currently, 3.2% of the company's stock are sold short.
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Devon Energy is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Devon Energy.

Devon Energy Co. (NYSE:DVN) released its earnings results on Tuesday, August, 3rd. The energy company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.07. The energy company earned $2.42 billion during the quarter, compared to the consensus estimate of $2.38 billion. Devon Energy had a trailing twelve-month return on equity of 11.95% and a net margin of 4.21%.
View Devon Energy's earnings history.

Devon Energy's stock was trading at $8.41 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, DVN stock has increased by 260.6% and is now trading at $30.33.
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Devon Energy declared a None dividend on Tuesday, August 3rd. Shareholders of record on Monday, September 13th will be given a dividend of $0.49 per share on Thursday, September 30th. This represents a dividend yield of 1.7%. The ex-dividend date is Friday, September 10th.
View Devon Energy's dividend history.

Devon Energy pays an annual dividend of $0.44 per share and currently has a dividend yield of 1.56%.
View Devon Energy's dividend history.

21 brokerages have issued 12 month price targets for Devon Energy's shares. Their forecasts range from $14.00 to $42.00. On average, they anticipate Devon Energy's share price to reach $30.37 in the next year. This suggests a possible upside of 0.1% from the stock's current price.
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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.

Some companies that are related to Devon Energy include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Continental Resources (CLR), Diamondback Energy (FANG), Marathon Oil (MRO), Cimarex Energy (XEC), Cabot Oil & Gas (COG), EQT (EQT), Southwestern Energy (SWN), Range Resources (RRC), PDC Energy (PDCE), Matador Resources (MTDR), SM Energy (SM) and Whiting Petroleum (WLL).
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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).

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

Devon Energy's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.14%), State Street Corp (5.96%), Price T Rowe Associates Inc. MD (4.82%), Invesco Ltd. (3.81%), Jefferies Group LLC (0.00%) and Bank of New York Mellon Corp (1.96%). Company insiders that own Devon Energy stock include Dennis C Cameron, Felix Investments Holdings Ii, and Jeremy D Humphers.
View institutional ownership trends for Devon Energy.

DVN stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Point72 Asset Management L.P., Marshall Wace North America L.P., AQR Capital Management LLC, Vanguard Group Inc., Man Group plc, Aviva PLC, and Worldquant Millennium Advisors LLC. Company insiders that have sold Devon Energy company stock in the last year include Dennis C Cameron, Felix Investments Holdings Ii,, and Jeremy D Humphers.
View insider buying and selling activity for Devon Energy or view top insider-selling stocks.

DVN stock was acquired by a variety of institutional investors in the last quarter, including Jefferies Group LLC, FMR LLC, Price T Rowe Associates Inc. MD, Bank of New York Mellon Corp, Amundi, Westfield Capital Management Co. LP, Victory Capital Management Inc., and Boston Partners.
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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.
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One share of DVN stock can currently be purchased for approximately $30.33.

Devon Energy has a market capitalization of $20.53 billion and generates $4.83 billion in revenue each year. The energy company earns $-2,680,000,000.00 in net income (profit) each year or ($0.09) on an earnings per share basis.

Devon Energy employs 1,400 workers across the globe.

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.

Devon Energy was founded in 1971.

The official website for Devon Energy is www.devonenergy.com.

Devon Energy is headquartered at 333 WEST SHERIDAN AVENUE, OKLAHOMA CITY OK, 73102.

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]