NYSE:DVN - Devon Energy Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$28.42 +1.09 (+3.99 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$27.33
Today's Range$27.67 - $28.4550
52-Week Range$20.37 - $46.54
Volume7.11 million shs
Average Volume7.38 million shs
Market Capitalization$13.31 billion
P/E Ratio45.11
Dividend Yield1.17%
Beta2.23
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 14,600 gross wells. The company also offers gathering, transmission, processing, storage, fractionation, and marketing to upstream oil and natural gas producers; and owns natural gas pipelines, plants and treatment facilities. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.

Receive DVN News and Ratings via Email

Sign-up to receive the latest news and ratings for DVN and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
CUSIP25179M10
Phone405-235-3611

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$13.95 billion
Cash Flow$4.9685 per share
Book Value$26.86 per share

Profitability

Net Income$898 million

Miscellaneous

Employees4,900
Market Cap$13.31 billion
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, November 28th. Shareholders of record on Friday, March 15th will be given a dividend of $0.08 per share on Friday, March 29th. This represents a $0.32 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date is Thursday, March 14th. View Devon Energy's Dividend History.

How will Devon Energy's stock buyback program work?

Devon Energy announced that its Board of Directors has approved a share repurchase plan on Wednesday, June 6th 2018, which authorizes the company to buyback $3,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 14.6% of its stock through open market purchases. Stock buyback plans are usually 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 quarterly earnings results on Tuesday, May, 1st. The energy company reported $0.20 EPS for the quarter, hitting the consensus estimate 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 return on equity of 6.40% and a net margin of 16.62%. Devon Energy's revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.07 earnings per share. View Devon Energy's Earnings History.

When is Devon Energy's next earnings date?

Devon Energy is scheduled to release their next quarterly earnings announcement on Tuesday, February 19th 2019. View Earnings Estimates for Devon Energy.

How can I listen to Devon Energy's earnings call?

Devon Energy will be holding an earnings conference call on Wednesday, February 20th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8663934306.

What price target have analysts set for DVN?

29 brokers have issued 12 month price objectives for Devon Energy's shares. Their predictions range from $31.00 to $65.00. On average, they expect Devon Energy's stock price to reach $46.7619 in the next twelve months. This suggests a possible upside of 64.5% from the stock's current price. View Analyst Price Targets for Devon Energy.

What is the consensus analysts' recommendation for Devon Energy?

29 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Devon Energy in the last year. There are currently 1 sell rating, 12 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Devon Energy.

What are Wall Street analysts saying about Devon Energy stock?

Here are some recent quotes from research analysts about Devon Energy stock:
  • 1. According to Zacks Investment Research, "Last month Devon Energy’s shares have outperformed its industry. Devon Energy should benefit from strong performance by its Delaware and STACK assets, as well as high quality of other domestic oil plays. Devon’s focus on high-margin production zones, cost savings and divestment of non-core assets is boosting its performance. Thanks to solid oil production and the performance of its domestic oil assets, the company is well poised to deliver a significant increase in U.S. oil production. However, the company operates in a very highly competitive oil and gas industry, limited control over some of its properties and stringent regulations are headwinds. In addition, the falling oil prices is a concern." (2/4/2019)
  • 2. Stifel Nicolaus analysts commented, "We forecast revenue of $90.0 million, up 4.2% YOY. The consensus is $92.3 million. Services (ES) segment (66% of estimated revenue), we forecast revenue growth of 8.4% YOY to $59.7 million, as we project that the business will be able to maintain the high-single-digit growth rate achieved during the prior three quarters following significant investments in new sales personnel and branch openings." (7/19/2018)

Has Devon Energy been receiving favorable news coverage?

News stories about DVN stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Devon Energy earned a media sentiment score of 1.4 on InfoTrie's scale. They also gave press coverage about the energy company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the immediate future.

Who are some of Devon Energy's key competitors?

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 of Legal & 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 a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.19%), Diamond Hill Capital Management Inc. (1.94%), Victory Capital Management Inc. (1.59%), Geode Capital Management LLC (1.40%), Northern Trust Corp (1.22%) and Dimensional Fund Advisors LP (0.91%). 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.

Which major investors are selling Devon Energy stock?

DVN stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Lord Abbett & CO. LLC, CI Investments Inc., Perella Weinberg Partners Capital Management LP, Amundi Pioneer Asset Management Inc., Eaton Vance Management, Tweedy Browne Co LLC and KBC Group NV. 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.

Which major investors are buying Devon Energy stock?

DVN stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Connor Clark & Lunn Investment Management Ltd., Oslo Asset Management AS, Ceredex Value Advisors LLC, Victory Capital Management Inc., BB&T Corp, Shapiro Capital Management LLC and Squarepoint Ops LLC. 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, Scottrade, Fidelity and Charles Schwab.

What is Devon Energy's stock price today?

One share of DVN stock can currently be purchased for approximately $28.42.

How big of a company is Devon Energy?

Devon Energy has a market capitalization of $13.31 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.

What is Devon Energy's official website?

The official website for Devon Energy is http://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 or via email at [email protected]


MarketBeat Community Rating for Devon Energy (NYSE DVN)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  1,106 (Vote Outperform)
Underperform Votes:  685 (Vote Underperform)
Total Votes:  1,791
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.
This page was last updated on 2/15/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel