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NYSE:DVNDevon Energy Stock Price, Forecast & News

$10.19
+0.39 (+3.98 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
$9.61
Now: $10.19
$10.24
50-Day Range
$9.80
MA: $12.23
$15.76
52-Week Range
$4.70
Now: $10.19
$29.05
Volume8.82 million shs
Average Volume8.60 million shs
Market Capitalization$3.90 billion
P/E RatioN/A
Dividend Yield4.32%
Beta3.34
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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Beat the Market (BTM) Rank

Analyst Opinion: 4.3Community Rank: 3.1Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.31 out of 5 stars


Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
CUSIP25179M10
Phone405-235-3611

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.22 billion
Cash Flow$5.45 per share
Book Value$15.41 per share

Profitability

Net Income$-355,000,000.00

Miscellaneous

Employees1,800
Market Cap$3.90 billion
Next Earnings Date8/4/2020 (Confirmed)
OptionableOptionable

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Devon Energy (NYSE:DVN) Frequently Asked Questions

How has Devon Energy's stock been impacted by COVID-19 (Coronavirus)?

Devon Energy's stock was trading at $8.41 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, DVN shares have increased by 21.2% and is now trading at $10.19. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Devon Energy?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Devon Energy in the last year. There are currently 7 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Devon Energy.

When is Devon Energy's next earnings date?

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

How can I listen to Devon Energy's earnings call?

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.

How were Devon Energy's earnings last quarter?

Devon Energy Corp (NYSE:DVN) released its earnings results on Tuesday, May, 5th. The energy company reported $0.13 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate 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 negative net margin of 24.91% and a positive return on equity of 7.81%. The company's quarterly revenue was up 93.4% on a year-over-year basis. During the same period last year, the business earned $0.36 earnings per share. View Devon Energy's earnings history.

How often does Devon Energy pay dividends? What is the dividend yield for Devon Energy?

Devon Energy announced a quarterly dividend on Wednesday, June 3rd. Investors 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 4.32%. The ex-dividend date of this dividend is Friday, September 11th. View Devon Energy's dividend history.

What price target have analysts set for DVN?

20 Wall Street analysts have issued 1-year target prices for Devon Energy's shares. Their forecasts range from $6.00 to $36.00. On average, they expect Devon Energy's share price to reach $19.90 in the next year. This suggests a possible upside of 95.3% from the stock's current price. View analysts' price targets for Devon Energy.

Has Devon Energy been receiving favorable news coverage?

News articles about DVN stock have trended very negative on Sunday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Devon Energy earned a coverage optimism score of -3.8 on InfoTrie's scale. They also gave headlines about the energy company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Devon Energy.

Are investors shorting Devon Energy?

Devon Energy saw a decrease in short interest in 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 trading volume of 11,710,000 shares, the short-interest ratio is currently 0.6 days. Currently, 1.9% of the company's stock are sold short. View Devon Energy's Current Options Chain.

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), 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).

Who are Devon Energy's key executives?

Devon Energy's management team includes the following 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)

What is Devon Energy's stock symbol?

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

Who are Devon Energy's major shareholders?

Devon Energy's stock is owned by a number of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.17%), Foundation Resource Management Inc. (0.02%), O Keefe Stevens Advisory Inc. (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.

Which major investors are selling Devon Energy stock?

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.

Which major investors are buying Devon Energy stock?

DVN stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., O Keefe Stevens Advisory Inc., and Modus Advisors LLC. View insider buying and selling activity 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 $10.19.

How big of a company is Devon Energy?

Devon Energy has a market capitalization of $3.90 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.

What is Devon Energy's official website?

The official website for Devon Energy is 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]

This page was last updated on 7/12/2020 by MarketBeat.com Staff

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