NYSE:DVNDevon Energy Stock Price, Forecast & News

Devon Energy's stock was trading at $8.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, DVN shares have increased by 26.0% and is now trading at $10.60.
View which stocks have been most impacted by Coronavirus.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Devon Energy in the last year. There are currently 7 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Devon Energy.

Devon Energy is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020.
View our earnings forecast for Devon Energy.

Devon Energy Corp (NYSE:DVN) posted its earnings results on Tuesday, May, 5th. The energy company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates of ($0.18) by $0.31. The energy company earned $2.09 billion during the quarter, compared to the consensus estimate of $1.47 billion. Devon Energy had a negative net margin of 24.91% and a positive return on equity of 7.81%. The company's quarterly revenue was up 93.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.36 EPS.
View Devon Energy's earnings history.

Devon Energy announced a quarterly dividend on Wednesday, June 3rd. Shareholders of record on Monday, September 14th will be given a dividend of $0.11 per share on Wednesday, September 30th. This represents a $0.44 annualized dividend and a yield of 4.15%. The ex-dividend date is Friday, September 11th.
View Devon Energy's dividend history.

21 analysts have issued 1-year price objectives for Devon Energy's shares. Their forecasts range from $10.00 to $36.00. On average, they anticipate Devon Energy's share price to reach $19.10 in the next twelve months. This suggests a possible upside of 80.1% from the stock's current price.
View analysts' price targets for Devon Energy.

News stories about DVN stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Devon Energy earned a coverage optimism score of 1.8 on InfoTrie's scale. They also gave news articles about the energy company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term.
View the latest news about Devon Energy.

Devon Energy saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 10,130,000 shares, an increase of 7.5% from the June 30th total of 9,420,000 shares. Based on an average daily trading volume, of 9,920,000 shares, the short-interest ratio is presently 1.0 days. Approximately 2.7% of the shares of the company are short sold.
View Devon Energy's Current Options Chain.

Some companies that are related to Devon Energy include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Cabot Oil & Gas (COG), Continental Resources (CLR), Diamondback Energy (FANG), Apache (APA), Noble Energy (NBL), Marathon Oil (MRO), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC), Range Resources (RRC) and Southwestern Energy (SWN).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Devon Energy investors own include Bank of America (BAC), ConocoPhillips (COP), Exxon Mobil (XOM), Alibaba Group (BABA), Micron Technology (MU), Chevron (CVX), General Electric (GE), Intel (INTC), Cisco Systems (CSCO) and Gilead Sciences (GILD).

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 retail and institutional investors. Top institutional shareholders include First Trust Advisors LP (0.49%), Mackay Shields LLC (0.25%), UBS Group AG (0.19%), Envestnet Asset Management Inc. (0.17%), Robeco Institutional Asset Management B.V. (0.16%) and New York State Teachers Retirement System (0.14%). Company insiders that own Devon Energy stock include Jeremy D Humphers 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 Sumitomo Mitsui Trust Holdings Inc., Oregon Public Employees Retirement Fund, Robeco Institutional Asset Management B.V., NN Investment Partners Holdings N.V., MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH, Candriam Luxembourg S.C.A., Zurcher Kantonalbank Zurich Cantonalbank , and Assenagon Asset Management S.A..
View insider buying and selling activity for Devon Energy.

DVN stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Mackay Shields LLC, Envestnet Asset Management Inc., Duality Advisers LP, Prime Capital Investment Advisors LLC, Foundry Partners LLC, UBS Group AG, and Cliftonlarsonallen Wealth Advisors LLC.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of DVN stock can currently be purchased for approximately $10.60.

Devon Energy has a market capitalization of $4.06 billion and generates $6.22 billion in revenue each year. The energy company earns $-355,000,000.00 in net income (profit) each year or $1.38 on an earnings per share basis. Devon Energy employs 1,800 workers across the globe.

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

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]