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

Devon Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "DVN."

Devon Energy announced a quarterly dividend on Thursday, December 5th. Stockholders of record on Friday, March 13th will be paid a dividend of $0.09 per share on Tuesday, March 31st. This represents a $0.36 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend is Thursday, March 12th. View Devon Energy's Dividend History.

Devon Energy declared that its board has initiated a stock buyback program on Wednesday, June 6th 2018, which allows the company to repurchase $3,000,000,000.00 in outstanding 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 programs are usually a sign that the company's leadership believes its stock is undervalued.

Devon Energy Corp (NYSE:DVN) announced its quarterly earnings data on Tuesday, November, 5th. The energy company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.19 by $0.10. The energy company earned $1.85 billion during the quarter, compared to the consensus estimate of $1.57 billion. Devon Energy had a return on equity of 6.37% and a net margin of 16.00%. During the same quarter in the prior year, the firm earned $0.63 EPS. View Devon Energy's Earnings History.

Devon Energy is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Devon Energy.

Devon Energy will be holding an earnings conference call on Tuesday, February 18th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

20 equities research analysts have issued 12-month price objectives for Devon Energy's stock. Their forecasts range from $25.50 to $42.00. On average, they anticipate Devon Energy's share price to reach $33.62 in the next year. This suggests a possible upside of 40.4% from the stock's current price. View Analyst Price Targets for Devon Energy.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Devon Energy in the last year. There are currently 1 sell rating, 6 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Devon Energy.

News headlines about DVN stock have trended extremely negative recently, according to InfoTrie. The research firm rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded 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 -4.5 on InfoTrie's scale. They also assigned headlines about the energy company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Devon Energy.

Devon Energy saw a increase in short interest in the month of December. As of December 13th, there was short interest totalling 18,530,000 shares, an increase of 22.0% from the November 28th total of 15,190,000 shares. Based on an average trading volume of 6,640,000 shares, the short-interest ratio is presently 2.8 days. Currently, 5.0% of the shares of the stock are sold short. 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), Diamondback Energy (FANG), Apache (APA), Continental Resources (CLR), Noble Energy (NBL), Marathon Oil (MRO), Cabot Oil & Gas (COG), WPX Energy (WPX), Cimarex Energy (XEC), Kosmos Energy (KOS), Matador Resources (MTDR) and EQT (EQT).

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

Devon Energy's stock is owned by a variety of of institutional and retail investors. Top institutional investors include New York State Teachers Retirement System (0.17%), Hexavest Inc. (0.17%), Caymus Capital Partners L.P. (0.08%), State of Alaska Department of Revenue (0.04%), Meag Munich Ergo Kapitalanlagegesellschaft MBH (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.

DVN stock was sold by a variety of institutional investors in the last quarter, including Caymus Capital Partners L.P., Nisa Investment Advisors LLC, Commerzbank Aktiengesellschaft FI, DNB Asset Management AS, State of Alaska Department of Revenue, Private Asset Management Inc., Meyer Handelman Co. and Endurance Wealth Management Inc.. View Insider Buying and Selling for Devon Energy.

DVN stock was bought by a variety of institutional investors in the last quarter, including New York State Teachers Retirement System, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Baxter Bros Inc., Baxter Bros Inc., Wealthfront Advisers LLC, Landsberg Bennett & Dubbaneh LLC, Greylin Investment Mangement Inc. and Wedbush Securities Inc.. 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.

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 $23.95.

Devon Energy has a market capitalization of $9.20 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.

The official website for Devon Energy is http://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]