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

$28.07
+1.16 (+4.31 %)
(As of 06/20/2019 04:00 PM ET)
Today's Range
$27.56
Now: $28.07
$28.30
50-Day Range
$25.16
MA: $28.26
$32.14
52-Week Range
$20.37
Now: $28.07
$46.54
Volume7.00 million shs
Average Volume5.92 million shs
Market Capitalization$11.66 billion
P/E Ratio21.76
Dividend Yield1.34%
Beta2.28
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$5.1981 per share
Book Value$19.62 per share

Profitability

Net Income$3.06 billion

Miscellaneous

Employees2,900
Market Cap$11.66 billion
Next Earnings Date7/30/2019 (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 announced 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 1.28%. 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 declared that its board has initiated a stock 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 repurchase up to 14.6% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's management believes its stock is undervalued.

How were Devon Energy's earnings last quarter?

Devon Energy Corp (NYSE:DVN) released its quarterly earnings results on Tuesday, April, 30th. The energy company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.30 by $0.06. The energy company earned $1.50 billion during the quarter, compared to analyst estimates of $2.52 billion. Devon Energy had a return on equity of 7.12% and a net margin of 29.33%. During the same quarter in the prior year, the company posted $0.20 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, July 30th 2019. View Earnings Estimates for Devon Energy.

What price target have analysts set for DVN?

25 brokerages have issued 12-month target prices for Devon Energy's stock. Their predictions range from $31.00 to $65.00. On average, they anticipate Devon Energy's stock price to reach $44.7368 in the next twelve months. This suggests a possible upside of 59.4% from the stock's current price. View Analyst Price Targets 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 1 sell rating, 10 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Devon Energy.

Has Devon Energy been receiving favorable news coverage?

News coverage about DVN stock has trended somewhat negative recently, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Devon Energy earned a news sentiment score of -1.0 on InfoTrie's scale. They also assigned press coverage about the energy company a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Devon Energy.

Are investors shorting Devon Energy?

Devon Energy saw a decline in short interest in May. As of May 15th, there was short interest totalling 12,024,500 shares, a decline of 5.9% from the April 15th total of 12,774,900 shares. Based on an average trading volume of 6,900,000 shares, the short-interest ratio is currently 1.7 days. Approximately 3.0% of the shares of the stock 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), Gilead Sciences (GILD), Micron Technology (MU), ConocoPhillips (COP), Chesapeake Energy (CHK), Alibaba Group (BABA), Exxon Mobil (XOM), Intel (INTC), Marathon Oil (MRO) and Cisco Systems (CSCO).

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 BlackRock Inc. (7.72%), FMR LLC (2.83%), Diamond Hill Capital Management Inc. (2.05%), Victory Capital Management Inc. (1.80%), Northern Trust Corp (1.33%) and Clearbridge Investments LLC (0.84%). 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 BlackRock Inc., Artisan Partners Limited Partnership, JPMorgan Chase & Co., Factory Mutual Insurance Co., Diamond Hill Capital Management Inc., Jennison Associates LLC, New York State Common Retirement Fund and Sasco Capital Inc. CT. Company insiders that have sold Devon Energy company stock in the last year include Jeremy D Humphers and Robert H Henry. 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 HAP Trading LLC, Clearbridge Investments LLC, Marshall Wace North America L.P., Connor Clark & Lunn Investment Management Ltd., Poplar Forest Capital LLC, Picton Mahoney Asset Management, Andra AP fonden and Oslo Asset Management AS. 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 $28.07.

How big of a company is Devon Energy?

Devon Energy has a market capitalization of $11.66 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:  1,133 (Vote Outperform)
Underperform Votes:  708 (Vote Underperform)
Total Votes:  1,841
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 6/20/2019 by MarketBeat.com Staff

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