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

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$30.61 -0.69 (-2.20 %)
(As of 05/19/2019 04:00 PM ET)
Previous Close$30.61
Today's Range$30.53 - $31.20
52-Week Range$20.37 - $46.54
Volume3.06 million shs
Average Volume6.30 million shs
Market Capitalization$12.71 billion
P/E Ratio23.73
Dividend Yield1.05%
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 12,900 gross wells. The company was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.

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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$10.73 billion
Cash Flow$4.9853 per share
Book Value$18.92 per share

Profitability

Net Income$3.06 billion

Miscellaneous

Employees2,900
Market Cap$12.71 billion
Next Earnings Date7/30/2019 (Estimated)
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 Tuesday, February 19th. Investors of record on Friday, June 14th will be paid a dividend of $0.09 per share on Friday, June 28th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend is Thursday, June 13th. This is an increase from Devon Energy's previous quarterly dividend of $0.08. 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 stock 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 repurchase up to 14.6% of its stock through open market purchases. Stock repurchase plans 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) announced its quarterly earnings data on Tuesday, April, 30th. The energy company reported $0.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.30 by $0.06. The energy company had revenue of $1.50 billion for the quarter, compared to analyst estimates of $2.52 billion. Devon Energy had a net margin of 29.33% and a return on equity of 7.12%. During the same quarter in the previous year, the company earned $0.20 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, July 30th 2019. View Earnings Estimates for Devon Energy.

What price target have analysts set for DVN?

26 Wall Street analysts have issued 1-year target prices for Devon Energy's stock. Their predictions range from $31.00 to $65.00. On average, they anticipate Devon Energy's stock price to reach $45.70 in the next year. This suggests a possible upside of 49.3% from the stock's current price. View Analyst Price Targets for Devon Energy.

What is the consensus analysts' recommendation for Devon Energy?

26 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 13 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?

News headlines about DVN stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Devon Energy earned a news sentiment score of 1.9 on InfoTrie's scale. They also assigned news stories about the energy company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Who are some of Devon Energy's key competitors?

What other stocks do shareholders of Devon Energy own?

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

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 BlackRock Inc. (7.72%), FMR LLC (2.83%), Diamond Hill Capital Management Inc. (2.05%), Victory Capital Management Inc. (1.80%), Geode Capital Management LLC (1.57%) and Northern Trust Corp (1.33%). Company insiders that own Devon Energy stock include John E Bethancourt, Lyndon C Taylor 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., Renaissance Technologies LLC, Artisan Partners Limited Partnership, JPMorgan Chase & Co., Factory Mutual Insurance Co., Diamond Hill Capital Management Inc., Morgan Stanley and Jennison Associates 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.

Which major investors are buying Devon Energy stock?

DVN stock was bought by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, HAP Trading LLC, Marshall Wace North America L.P., Connor Clark & Lunn Investment Management Ltd., Poplar Forest Capital LLC, Oxford Asset Management LLP, Picton Mahoney Asset Management and Wellington Management Group LLP. 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, Scottrade, Fidelity and Charles Schwab.

What is Devon Energy's stock price today?

One share of DVN stock can currently be purchased for approximately $30.61.

How big of a company is Devon Energy?

Devon Energy has a market capitalization of $12.71 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.

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:  1,130 (Vote Outperform)
Underperform Votes:  704 (Vote Underperform)
Total Votes:  1,834
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 5/19/2019 by MarketBeat.com Staff

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