NYSE:DVN

Devon Energy Stock Forecast, Price & News

$29.07
+0.53 (+1.86 %)
(As of 06/23/2021 02:46 PM ET)
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Today's Range
$28.68
$29.90
50-Day Range
$20.97
$31.66
52-Week Range
$7.73
$31.99
Volume514,400 shs
Average Volume12.72 million shs
Market Capitalization$19.68 billion
P/E RatioN/A
Dividend Yield1.54%
Beta3.34
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About Devon Energy

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. It operates approximately 3,942 gross wells. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.

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MarketRank

Overall MarketRank

2.41 out of 5 stars

Oils/Energy Sector

5th out of 689 stocks

Crude Petroleum & Natural Gas Industry

1st out of 257 stocks

Analyst Opinion: 2.5Community Rank: 3.1Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -
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Devon Energy (NYSE:DVN) Frequently Asked Questions

Is Devon Energy a buy right now?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Devon Energy in the last twelve months. There are currently 2 hold ratings, 18 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Devon Energy stock.
View analyst ratings for Devon Energy
or view top-rated stocks.

What stocks does MarketBeat like better than Devon Energy?

Wall Street analysts have given Devon Energy a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Devon Energy wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Devon Energy?

Devon Energy saw a increase in short interest in the month of May. As of May 28th, there was short interest totaling 20,490,000 shares, an increase of 24.2% from the May 13th total of 16,500,000 shares. Based on an average trading volume of 11,050,000 shares, the short-interest ratio is currently 1.9 days. Approximately 3.3% of the shares of the company are sold short.
View Devon Energy's Short Interest
.

When is Devon Energy's next earnings date?

Devon Energy is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Devon Energy
.

How were Devon Energy's earnings last quarter?

Devon Energy Co. (NYSE:DVN) released its quarterly earnings data on Tuesday, May, 4th. The energy company reported $0.45 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.35 by $0.10. The energy company had revenue of $1.76 billion for the quarter, compared to analyst estimates of $2.27 billion. Devon Energy had a negative net margin of 14.46% and a positive trailing twelve-month return on equity of 4.86%. During the same quarter in the previous year, the firm posted $0.06 earnings per share.
View Devon Energy's earnings history
.

How has Devon Energy's stock been impacted by Coronavirus?

Devon Energy's stock was trading at $8.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, DVN stock has increased by 247.0% and is now trading at $29.18.
View which stocks have been most impacted by COVID-19
.

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

Devon Energy announced a quarterly dividend on Tuesday, May 4th. Stockholders of record on Monday, June 14th will be paid a dividend of $0.34 per share on Wednesday, June 30th. This represents a $1.36 dividend on an annualized basis and a yield of 4.66%. The ex-dividend date is Thursday, May 13th. This is a boost from Devon Energy's previous quarterly dividend of $0.11.
View Devon Energy's dividend history
.

Is Devon Energy a good dividend stock?

Devon Energy pays an annual dividend of $0.44 per share and currently has a dividend yield of 1.54%.
View Devon Energy's dividend history.

What price target have analysts set for DVN?

22 brokerages have issued 1-year target prices for Devon Energy's shares. Their forecasts range from $14.00 to $40.00. On average, they anticipate Devon Energy's share price to reach $27.63 in the next year. This suggests that the stock has a possible downside of 5.3%.
View analysts' price targets for Devon Energy
or view top-rated stocks among Wall Street analysts.

Who are Devon Energy's key executives?

Devon Energy's management team includes the following people:
  • Mr. David A. Hager, Exec. Chairman (Age 64, Pay $3.85M)
  • Mr. Jeffrey L. Ritenour, Exec. VP & CFO (Age 48, Pay $1.35M)
  • Ms. Tana K. Cashion, Sr. VP of HR & Admin. (Age 50, Pay $576.4k)
  • Mr. David Gerard Harris, Exec. VP & Chief Corp. Devel. Officer (Age 47, Pay $1.26M)
  • Mr. Richard E. Muncrief, Pres, CEO & Director (Age 62)
  • Mr. J. Larry Nichols, Co-Founder & Chairman Emeritus (Age 79)
  • Mr. Clay M. Gaspar, Exec. VP & COO (Age 49)
  • Mr. Jeremy D. Humphers, Sr. VP & Chief Accounting Officer (Age 47)
  • Ms. Alana Tetrick, VP of Corp. Fin. & Treasurer (Age 39)
  • Mr. Trey Lowe, VP of Technology

What is John Richels' approval rating as Devon Energy's CEO?

221 employees have rated Devon Energy CEO John Richels on Glassdoor.com. John Richels has an approval rating of 34% among Devon Energy's employees. This puts John Richels in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

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), Intel (INTC), Micron Technology (MU), Cisco Systems (CSCO), Pfizer (PFE), Exxon Mobil (XOM), Chevron (CVX), ConocoPhillips (COP), AT&T (T) and General Electric (GE).

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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.79%), EnCap Energy Capital Fund X L.P. (5.03%), Price T Rowe Associates Inc. MD (3.54%), Geode Capital Management LLC (1.61%), Victory Capital Management Inc. (1.57%) and Shapiro Capital Management LLC (1.34%). Company insiders that own Devon Energy stock include Dennis C Cameron, Felix Investments Holdings Ii, and Jeremy D Humphers.
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 EnCap Energy Capital Fund IX L.P., Nuveen Asset Management LLC, Arrowstreet Capital Limited Partnership, Schroder Investment Management Group, Flippin Bruce & Porter Inc., Russell Investments Group Ltd., Weiss Multi Strategy Advisers LLC, and Panagora Asset Management Inc.. Company insiders that have sold Devon Energy company stock in the last year include Dennis C Cameron, Felix Investments Holdings Ii,, and Jeremy D Humphers.
View insider buying and selling activity for Devon Energy
or view top insider-selling stocks.

Which institutional investors are buying Devon Energy stock?

DVN stock was bought by a variety of institutional investors in the last quarter, including EnCap Energy Capital Fund X L.P., BlackRock Inc., Price T Rowe Associates Inc. MD, Shapiro Capital Management LLC, Permian Investment Partners LP, Massachusetts Financial Services Co. MA, Ameriprise Financial Inc., and Thrivent Financial for Lutherans.
View insider buying and selling activity for Devon Energy
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Devon Energy's stock price today?

One share of DVN stock can currently be purchased for approximately $29.18.

How much money does Devon Energy make?

Devon Energy has a market capitalization of $19.75 billion and generates $4.83 billion in revenue each year. The energy company earns $-2,680,000,000.00 in net income (profit) each year or ($0.09) on an earnings per share basis.

How many employees does Devon Energy have?

Devon Energy employs 1,400 workers across the globe.

Does Devon Energy have any subsidiaries?

The following companies are subsidiares of Devon Energy: Anderson Exploration, Bleu Falcon Holdings Inc., Chief Oil & Gas LLC, Devon Canada Corporation, Devon Energy Corporation, Devon Energy International L.L.C., Devon Energy Production Company L.P., Devon Financing Company L.L.C., Devon Gas Co. L.L.C., Devon Gas Services L.P., Devon Headquarters L.L.C., Devon OEI Holdings L.L.C., Devon OEI Operating L.L.C., Felix Energy LLC, Hondo Oil & Gas Co, Kerr McGee, Mitchell Energy & Development Corp, Northstar Energy Corp, Ocean Energy Inc, PennzEnergy Company, Santa Fe Snyder Corp., and WPX Energy.

When was Devon Energy founded?

Devon Energy was founded in 1971.

What is Devon Energy's official website?

The official website for Devon Energy is www.devonenergy.com.

Where are Devon Energy's headquarters?

Devon Energy is headquartered at 333 WEST SHERIDAN AVENUE, OKLAHOMA CITY OK, 73102.

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 6/23/2021 by MarketBeat.com Staff
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