NYSE:DVN - Devon Energy Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$44.72 +0.79 (+1.80 %)
(As of 07/16/2018 06:26 AM ET)
Previous Close$43.93
Today's Range$43.93 - $45.33
52-Week Range$29.78 - $46.54
Volume6.55 million shs
Average Volume5.73 million shs
Market Capitalization$23.41 billion
P/E Ratio70.98
Dividend Yield0.72%
Beta2.17
Devon Energy logoDevon 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 14,600 gross wells. The company also offers gathering, transmission, processing, storage, fractionation, and marketing to upstream oil and natural gas producers; and owns natural gas pipelines, plants and treatment facilities. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.

Receive DVN News and Ratings via Email

Sign-up to receive the latest news and ratings for DVN and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
SymbolNYSE:DVN
CUSIP25179M10
Phone405-235-3611

Debt

Debt-to-Equity Ratio0.70
Current Ratio1.04
Quick Ratio1.04

Price-To-Earnings

Trailing P/E Ratio70.98
Forward P/E Ratio24.44
P/E Growth3.5

Sales & Book Value

Annual Sales$13.95 billion
Price / Sales1.68
Cash Flow$4.7024 per share
Price / Cash9.51
Book Value$26.86 per share
Price / Book1.66

Profitability

EPS (Most Recent Fiscal Year)$0.63
Net Income$898 million
Net Margins4.49%
Return on Equity5.68%
Return on Assets2.55%

Miscellaneous

Employees4,900
Outstanding Shares523,400,000
Market Cap$23,406.45

The Truth About Cryptocurrencies

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 announced a quarterly dividend on Wednesday, June 6th. Stockholders of record on Friday, September 14th will be paid a dividend of $0.08 per share on Friday, September 28th. This represents a $0.32 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend is Thursday, September 13th. View Devon Energy's Dividend History.

How will Devon Energy's stock buyback program work?

Devon Energy announced that its board has authorized a share repurchase plan on Wednesday, June 6th 2018, which permits the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 14.6% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

How were Devon Energy's earnings last quarter?

Devon Energy Corp (NYSE:DVN) posted its quarterly earnings data on Tuesday, May, 1st. The energy company reported $0.20 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.20. The energy company earned $3.81 billion during the quarter, compared to analysts' expectations of $3.85 billion. Devon Energy had a net margin of 4.49% and a return on equity of 5.68%. The firm's revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.07 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, 31st 2018. View Earnings Estimates for Devon Energy.

What price target have analysts set for DVN?

25 equities research analysts have issued twelve-month price targets for Devon Energy's stock. Their predictions range from $35.00 to $68.00. On average, they anticipate Devon Energy's stock price to reach $46.1053 in the next year. This suggests a possible upside of 3.1% from the stock's current price. View Analyst Ratings for Devon Energy.

What is the consensus analysts' recommendation for Devon Energy?

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Devon Energy in the last year. There are currently 8 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Devon Energy's key competitors?

Who are Devon Energy's key executives?

Devon Energy's management team includes the folowing people:
  • Mr. David A. Hager, Pres, CEO & Director (Age 61)
  • Mr. Jeffrey L. Ritenour, Exec. VP & CFO (Age 45)
  • Mr. Tony D. Vaughn, Chief Operating Officer (Age 60)
  • Mr. Lyndon C. Taylor, Exec. VP of Legal & Gen. Counsel (Age 59)
  • Mr. J. Larry Nichols, Co-Founder and Chairman Emeritus (Age 76)

Has Devon Energy been receiving favorable news coverage?

News coverage about DVN stock has trended somewhat positive this week, according to Accern. The research firm scores the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Devon Energy earned a media sentiment score of 0.13 on Accern's scale. They also assigned media headlines about the energy company an impact score of 47.06 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Who are Devon Energy's major shareholders?

Devon Energy's stock is owned by many different of retail and institutional investors. Top institutional investors include Gulf International Bank UK Ltd (0.03%), NN Investment Partners Holdings N.V. (0.03%), Thompson Investment Management Inc. (0.02%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.02%), State of Alaska Department of Revenue (0.01%) and DnB Asset Management AS (0.01%). Company insiders that own Devon Energy stock include John E Bethancourt, Lyndon C Taylor, Robert A Mosbacher Jr and Robert H Henry. View Institutional Ownership Trends for Devon Energy.

Which institutional investors are selling Devon Energy stock?

DVN stock was sold by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., Thompson Investment Management Inc., Stonebridge Capital Management Inc., Gateway Investment Advisers LLC, Thompson Rubinstein Investment Management Inc. OR and Cerebellum GP 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 institutional investors are buying Devon Energy stock?

DVN stock was bought by a variety of institutional investors in the last quarter, including CENTRAL TRUST Co, New England Research & Management Inc., Gulf International Bank UK Ltd, IFM Investors Pty Ltd, State of Alaska Department of Revenue, DnB Asset Management AS, Fjarde AP Fonden Fourth Swedish National Pension Fund and First Citizens Bank & Trust Co.. 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 $44.72.

How big of a company is Devon Energy?

Devon Energy has a market capitalization of $23.41 billion and generates $13.95 billion in revenue each year. The energy company earns $898 million in net income (profit) each year or $0.63 on an earnings per share basis. Devon Energy employs 4,900 workers across the globe.

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:  966 (Vote Outperform)
Underperform Votes:  616 (Vote Underperform)
Total Votes:  1,582
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 7/16/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.