NYSE:DVN - Devon Energy Stock Price, Price Target & More

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

Devon Energy announced a quarterly dividend on Wednesday, June 6th. Stockholders of record on Friday, September 14th will be paid a dividend of $0.08 per share on Friday, September 28th. This represents a $0.32 annualized dividend and a dividend yield of 0.80%. The ex-dividend date of this dividend is Thursday, September 13th. View Devon Energy's Dividend History.

Devon Energy announced that its board has authorized a share buyback plan on Wednesday, June 6th 2018, which allows the company to repurchase $3,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows 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 believes its shares are undervalued.

Devon Energy Corp (NYSE:DVN) released its quarterly earnings data on Tuesday, May, 1st. The energy company reported $0.20 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.20. The energy company had revenue of $3.81 billion for the quarter, compared to the consensus estimate of $3.85 billion. Devon Energy had a net margin of 4.49% and a return on equity of 5.68%. The company's quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the business earned $1.07 earnings per share. View Devon Energy's Earnings History.

Devon Energy is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Devon Energy.

25 analysts have issued 12 month price targets for Devon Energy's stock. Their predictions range from $28.00 to $68.00. On average, they anticipate Devon Energy's stock price to reach $45.60 in the next year. View Analyst Ratings for Devon Energy.

Devon Energy saw a increase in short interest in May. As of May 15th, there was short interest totalling 14,013,325 shares, an increase of 29.7% from the April 30th total of 10,807,249 shares. Based on an average daily trading volume, of 9,706,110 shares, the days-to-cover ratio is currently 1.4 days. Approximately 2.7% of the shares of the stock are sold short.

Some companies that are related to Devon Energy include CNOOC (CEO), EOG Resources (EOG), ENI (E), Occidental Petroleum (OXY), PETROLEO BRASIL/ADR (PBR), PETROLEO BRASIL/RED PFD sh (PBR.A), Ecopetrol (EC), Canadian Natural Resource (CNQ), Anadarko Petroleum (APC), Pioneer Natural Resources (PXD), The Hong Kong and China Gas (HOKCY), WOODSIDE Pet Lt/ADR (WOPEY), Sasol (SSL), Continental Resources (CLR) and Concho Resources (CXO).

News stories about DVN stock have been trending somewhat positive on Sunday, Accern Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Devon Energy earned a news sentiment score of 0.15 on Accern's scale. They also assigned news headlines about the energy company an impact score of 45.12 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Devon Energy's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.25%), Diamond Hill Capital Management Inc. (1.50%), Victory Capital Management Inc. (1.41%), Artisan Partners Limited Partnership (1.41%), American Century Companies Inc. (1.24%) and Barrow Hanley Mewhinney & Strauss LLC (1.24%). Company insiders that own Devon Energy stock include John E Bethancourt, Lyndon C Taylor, Robert A Mosbacher Jr and Robert H Henry. View Institutional Ownership Trends for Devon Energy.

DVN stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Prudential Financial Inc., Scout Investments Inc., Northern Trust Corp, Swiss National Bank, State of Wisconsin Investment Board, Lord Abbett & CO. LLC and BB&T Securities LLC. Company insiders that have sold Devon Energy company stock in the last year include Lyndon C Taylor and Robert H Henry. View Insider Buying and Selling for Devon Energy.

DVN stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Diamond Hill Capital Management Inc., American Century Companies Inc., Neuberger Berman Group LLC, Victory Capital Management Inc., Rothschild Asset Management Inc., Dimensional Fund Advisors LP and State of New Jersey Common Pension Fund D. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of DVN stock can currently be purchased for approximately $40.25.

Devon Energy has a market capitalization of $21.07 billion and generates $13.95 billion in revenue each year. The energy company earns $898 million in net income (profit) each year or $0.63 on an earnings per share basis. Devon Energy employs 4,900 workers across the globe.

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]