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 (Confirmed)
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 declared a quarterly dividend on Wednesday, September 11th. Stockholders 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 1.78%. 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 of Directors has authorized a share repurchase plan 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 plans are often an indication that the company's management believes its stock is undervalued.
How were Devon Energy's earnings last quarter?
Devon Energy Corp (NYSE:DVN) posted its earnings results on Tuesday, August, 6th. The energy company reported $0.43 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.36 by $0.07. The energy company earned $1.92 billion during the quarter, compared to analysts' expectations 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 last year, the business posted $0.34 EPS. View Devon Energy's Earnings History.
When is Devon Energy's next earnings date?
How can I listen to Devon Energy's earnings call?
Devon Energy will be holding an earnings conference call on Tuesday, November 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for DVN?
23 analysts have issued twelve-month target prices for Devon Energy's shares. Their predictions range from $25.50 to $50.00. On average, they expect Devon Energy's share price to reach $36.15 in the next year. This suggests a possible upside of 78.4% from the stock's current price. View Analyst Price Targets for Devon Energy.
What is the consensus analysts' recommendation for Devon Energy?
23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Devon Energy in the last year. There are currently 2 sell ratings, 11 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 headlines about DVN stock have been trending somewhat negative this week, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Devon Energy earned a daily sentiment score of -1.9 on InfoTrie's scale. They also gave press coverage about the energy company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Devon Energy.
Are investors shorting Devon Energy?
Devon Energy saw a increase in short interest in September. As of September 15th, there was short interest totalling 19,730,000 shares, an increase of 17.0% from the August 15th total of 16,870,000 shares. Based on an average daily trading volume, of 6,930,000 shares, the days-to-cover ratio is currently 2.8 days. Approximately 5.0% 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 The Hong Kong and China Gas (HOKCY), Occidental Petroleum (OXY), Canadian Natural Resources (CNQ), Pioneer Natural Resources (PXD), WOODSIDE PET LT/ADR (WOPEY), Rwe Ag Sp (RWEOY), Diamondback Energy (FANG), Concho Resources (CXO), GALP ENERGIA SG/ADR (GLPEY), TORAY INDUSTRIE/ADR (TRYIY), Sasol (SSL), Cenovus Energy (CVE), Continental Resources (CLR), Noble Energy (NBL) and Marathon Oil (MRO).
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 Robeco Institutional Asset Management B.V. (0.17%), Hexavest Inc. (0.16%), State of Alaska Department of Revenue (0.05%), Commerzbank Aktiengesellschaft FI (0.04%), Nisa Investment Advisors LLC (0.04%) and Meyer Handelman Co. (0.03%). 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 Nisa Investment Advisors LLC, Miller Howard Investments Inc. NY, Hexavest Inc., Envestnet Asset Management Inc., Cerebellum GP LLC, Salem Capital Management Inc., Marketfield Asset Management LLC and Neville Rodie & Shaw Inc.. View Insider Buying and Selling for Devon Energy.
Which institutional investors are buying Devon Energy stock?
DVN stock was acquired by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Assenagon Asset Management S.A., State of Alaska Department of Revenue, Commerzbank Aktiengesellschaft FI, Wealthfront Advisers LLC, Meeder Asset Management Inc., Everence Capital Management Inc. and Cerebellum GP 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 $20.27.
How big of a company is Devon Energy?
Devon Energy has a market capitalization of $8.19 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.
