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. 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 dividend on an annualized basis and a dividend yield of 1.72%. 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 buyback program on Wednesday, June 6th 2018, which permits the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 14.6% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.
How were Devon Energy's earnings last quarter?
Devon Energy Corp (NYSE:DVN) released its quarterly earnings results on Tuesday, August, 6th. The energy company reported $0.43 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.36 by $0.07. The energy company earned $1.92 billion during the quarter, compared to analyst estimates of $2.09 billion. Devon Energy had a return on equity of 8.42% and a net margin of 39.80%. The business's revenue was down .1% compared to the same quarter last year. During the same period last year, the business posted $0.34 earnings per share. 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 Wall Street analysts have issued 12-month price objectives 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 $36.15 in the next year. This suggests a possible upside of 72.4% 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 coverage about DVN stock has been trending neutral on Tuesday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing 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 nearest to five being the most favorable. Devon Energy earned a news impact score of 0.4 on InfoTrie's scale. They also gave media coverage about the energy company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company'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 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 volume of 6,930,000 shares, the days-to-cover ratio is currently 2.8 days. Approximately 5.0% of the shares of the stock are sold short. 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), TORAY INDUSTRIE/ADR (TRYIY), GALP ENERGIA SG/ADR (GLPEY), Sasol (SSL), Continental Resources (CLR), Cenovus Energy (CVE), 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 a variety of of institutional and retail investors. Top institutional shareholders include Hexavest Inc. (0.16%), State of Alaska Department of Revenue (0.05%), Meyer Handelman Co. (0.03%), Gulf International Bank UK Ltd (0.03%), Salem Capital Management Inc. (0.02%) and Crossmark Global Holdings Inc. (0.02%). 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 Hexavest Inc., Cerebellum GP LLC, Salem Capital Management Inc., Neville Rodie & Shaw Inc., Crossmark Global Holdings Inc., Gulf International Bank UK Ltd and Pacer Advisors 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 State of Alaska Department of Revenue, Everence Capital Management Inc., Cerebellum GP LLC, Meyer Handelman Co. and North Star Investment Management Corp.. 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 $20.97.
How big of a company is Devon Energy?
Devon Energy has a market capitalization of $8.48 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.
