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

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

Devon Energy declared a quarterly dividend on Wednesday, June 6th. Shareholders 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 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date is Thursday, September 13th. View Devon Energy's Dividend History.

Devon Energy declared that its Board of Directors has initiated a share buyback program on Wednesday, June 6th 2018, which allows the company to buyback $3,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 14.6% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its shares are undervalued.

Devon Energy Corp (NYSE:DVN) announced its earnings results on Tuesday, May, 1st. The energy company reported $0.20 EPS for the quarter, hitting the consensus estimate of $0.20. The energy company had revenue of $3.81 billion for the quarter, compared to analyst estimates of $3.85 billion. Devon Energy had a return on equity of 5.68% and a net margin of 4.49%. The firm's quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.07 EPS. View Devon Energy's Earnings History.

Devon Energy is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Devon Energy.

25 analysts have issued 1-year target prices for Devon Energy's stock. Their predictions range from $28.00 to $68.00. On average, they anticipate Devon Energy's share price to reach $45.60 in the next twelve months. View Analyst Ratings for Devon Energy.

Devon Energy saw a increase in short interest in May. As of May 15th, there was short interest totalling 14,013,325 shares, an increase of 29.7% from the April 30th total of 10,807,249 shares. Based on an average trading volume of 9,706,110 shares, the days-to-cover ratio is presently 1.4 days. Currently, 2.7% of the company's stock are sold short. View Devon Energy's Current Options Chain.

Some companies that are related to Devon Energy include CNOOC (CEO), EOG Resources (EOG), ENI (E), Occidental Petroleum (OXY), PETROLEO BRASIL/ADR (PBR), PETROLEO BRASIL/RED PFD sh (PBR.A), Ecopetrol (EC), Canadian Natural Resource (CNQ), Anadarko Petroleum (APC), Pioneer Natural Resources (PXD), The Hong Kong and China Gas (HOKCY), WOODSIDE Pet Lt/ADR (WOPEY), Continental Resources (CLR), Sasol (SSL) and Concho Resources (CXO).

Media stories about DVN stock have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Devon Energy earned a media sentiment score of 0.13 on Accern's scale. They also gave media coverage about the energy company an impact score of 45.84 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Devon Energy's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.25%), Diamond Hill Capital Management Inc. (1.50%), Victory Capital Management Inc. (1.41%), Artisan Partners Limited Partnership (1.41%), American Century Companies Inc. (1.24%) and Barrow Hanley Mewhinney & Strauss LLC (1.24%). 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.

DVN stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Prudential Financial Inc., Scout Investments Inc., Northern Trust Corp, Swiss National Bank, State of Wisconsin Investment Board, Lord Abbett & CO. LLC and BB&T Securities 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.

DVN stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Diamond Hill Capital Management Inc., American Century Companies Inc., Neuberger Berman Group LLC, Victory Capital Management Inc., Rothschild Asset Management Inc., Dimensional Fund Advisors LP and State of New Jersey Common Pension Fund D. View Insider Buying and Selling for 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.

One share of DVN stock can currently be purchased for approximately $41.51.

Devon Energy has a market capitalization of $21.78 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.

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]