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

$22.12
-0.92 (-3.99 %)
(As of 08/23/2019 01:37 PM ET)
Today's Range
$21.98
Now: $22.1150
$22.90
50-Day Range
$21.44
MA: $25.57
$28.88
52-Week Range
$20.37
Now: $22.1150
$43.60
Volume3.75 million shs
Average Volume7.65 million shs
Market Capitalization$8.94 billion
P/E Ratio17.14
Dividend Yield1.54%
Beta2.27
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.

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$4.7154 per share
Book Value$17.30 per share

Profitability

Net Income$3.06 billion

Miscellaneous

Employees2,900
Market Cap$8.94 billion
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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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 Wednesday, June 5th. Shareholders of record on Friday, September 13th will be given a dividend of $0.09 per share on Friday, September 27th. This represents a $0.36 annualized dividend and a yield of 1.62%. The ex-dividend date of this dividend is Thursday, September 12th. View Devon Energy's Dividend History.

How will Devon Energy's stock buyback program work?

Devon Energy announced that its Board of Directors has authorized a share repurchase program 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 buy up to 14.6% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

How were Devon Energy's earnings last quarter?

Devon Energy Corp (NYSE:DVN) posted its quarterly earnings results on Tuesday, August, 6th. The energy company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.36 by $0.07. The energy company earned $1.92 billion during the quarter, compared to analysts' expectations of $2.09 billion. Devon Energy had a net margin of 39.80% and a return on equity of 8.42%. The firm's quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.34 EPS. 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, November 5th 2019. View Earnings Estimates for Devon Energy.

What price target have analysts set for DVN?

22 Wall Street analysts have issued 1 year price targets for Devon Energy's shares. Their forecasts range from $25.50 to $50.00. On average, they anticipate Devon Energy's stock price to reach $37.0938 in the next year. This suggests a possible upside of 67.1% from the stock's current price. View Analyst Price Targets for Devon Energy.

What is the consensus analysts' recommendation for Devon Energy?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Devon Energy in the last year. There are currently 2 sell ratings, 10 hold ratings and 10 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?

Media headlines about DVN stock have trended positive this week, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by monitoring 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 2.5 on InfoTrie's scale. They also gave headlines about the energy company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the immediate future. View News Stories for Devon Energy.

Are investors shorting Devon Energy?

Devon Energy saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 15,099,400 shares, an increase of 14.1% from the June 30th total of 13,233,700 shares. Based on an average daily volume of 6,280,000 shares, the short-interest ratio is currently 2.4 days. Approximately 3.6% of the shares of the company are short sold. 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), Micron Technology (MU), ConocoPhillips (COP), Gilead Sciences (GILD), Chesapeake Energy (CHK), Alibaba Group (BABA), Exxon Mobil (XOM), Intel (INTC), Chevron (CVX) and General Electric (GE).

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 a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.31%), BlackRock Inc. (7.40%), BlackRock Inc. (7.61%), Invesco Ltd. (6.94%), Victory Capital Management Inc. (2.02%) and Price T Rowe Associates Inc. MD (1.99%). 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.

Which major investors are selling Devon Energy stock?

DVN stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, AQR Capital Management LLC, BlackRock Inc., BlackRock Inc., Vanguard Group Inc., Diamond Hill Capital Management Inc., Panagora Asset Management Inc. and Nomura Holdings Inc.. View Insider Buying and Selling 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 Price T Rowe Associates Inc. MD, Nuveen Asset Management LLC, Balyasny Asset Management LLC, Caymus Capital Partners L.P., Invesco Ltd., Victory Capital Management Inc., Hexavest Inc. and Worldquant Millennium Advisors LLC. 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 $22.20.

How big of a company is Devon Energy?

Devon Energy has a market capitalization of $8.97 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.

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:  1,148 (Vote Outperform)
Underperform Votes:  722 (Vote Underperform)
Total Votes:  1,870
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 8/23/2019 by MarketBeat.com Staff

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