NYSE:DVNDevon Energy Stock Price, Forecast & News

Devon Energy's stock was trading at $8.41 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, DVN shares have increased by 18.4% and is now trading at $9.96. 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 will be holding an earnings conference call on Tuesday, August 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

Devon Energy announced a quarterly dividend on Wednesday, June 3rd. Investors of record on Monday, September 14th will be paid a dividend of $0.11 per share on Wednesday, September 30th. This represents a $0.44 dividend on an annualized basis and a yield of 4.42%. The ex-dividend date of this dividend is Friday, September 11th. View Devon Energy's dividend history.

21 Wall Street analysts have issued 12 month price objectives for Devon Energy's shares. Their forecasts range from $6.00 to $36.00. On average, they anticipate Devon Energy's stock price to reach $19.71 in the next twelve months. This suggests a possible upside of 97.9% from the stock's current price. View analysts' price targets for Devon Energy.

News articles about DVN stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Devon Energy earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned headlines about the energy company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Devon Energy.

Devon Energy saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 6,930,000 shares, a decrease of 33.6% from the June 15th total of 10,440,000 shares. Based on an average daily volume of 11,710,000 shares, the short-interest ratio is presently 0.6 days. Approximately 1.9% 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), Diamondback Energy (FANG), Continental Resources (CLR), 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 many different institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.17%), Foundation Resource Management Inc. (0.02%), O Keefe Stevens Advisory Inc. (0.01%), NuWave Investment Management LLC (0.01%) and Modus Advisors LLC (0.00%). 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 Foundation Resource Management Inc.. View insider buying and selling activity for Devon Energy.

DVN stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., O Keefe Stevens Advisory Inc., NuWave Investment Management LLC, and Modus 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 $9.96.

Devon Energy has a market capitalization of $3.81 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]