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

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

Devon Energy declared a quarterly dividend on Thursday, December 5th. Investors of record on Friday, March 13th will be given a dividend of $0.09 per share on Tuesday, March 31st. This represents a $0.36 annualized dividend and a dividend yield of 1.49%. The ex-dividend date is Thursday, March 12th. View Devon Energy's Dividend History.

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

Devon Energy Corp (NYSE:DVN) released its quarterly earnings results on Tuesday, November, 5th. The energy company reported $0.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.19 by $0.10. The energy company had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.57 billion. Devon Energy had a return on equity of 6.37% and a net margin of 16.00%. During the same quarter in the previous year, the business earned $0.63 EPS. View Devon Energy's Earnings History.

Devon Energy is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Devon Energy.

Devon Energy will be holding an earnings conference call on Tuesday, February 18th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

19 brokers have issued twelve-month target prices for Devon Energy's stock. Their forecasts range from $25.50 to $42.00. On average, they expect Devon Energy's share price to reach $33.62 in the next year. This suggests a possible upside of 38.9% from the stock's current price. View Analyst Price Targets for Devon Energy.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Devon Energy in the last year. There are currently 1 sell rating, 6 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Devon Energy.

Media stories about DVN stock have trended somewhat positive on Thursday, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Devon Energy earned a news sentiment score of 1.8 on InfoTrie's scale. They also gave media stories about the energy company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Devon Energy.

Devon Energy saw a increase in short interest in December. As of December 13th, there was short interest totalling 18,530,000 shares, an increase of 22.0% from the November 28th total of 15,190,000 shares. Based on an average daily volume of 6,640,000 shares, the short-interest ratio is presently 2.8 days. Currently, 5.0% of the shares of the company are sold short. View Devon Energy's Current Options Chain.

Some companies that are related to Devon Energy include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Diamondback Energy (FANG), Apache (APA), Continental Resources (CLR), Noble Energy (NBL), Marathon Oil (MRO), Cabot Oil & Gas (COG), WPX Energy (WPX), Cimarex Energy (XEC), Kosmos Energy (KOS), EQT (EQT) and Matador Resources (MTDR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Devon Energy investors own include Bank of America (BAC), ConocoPhillips (COP), Micron Technology (MU), Exxon Mobil (XOM), Alibaba Group (BABA), Gilead Sciences (GILD), Chevron (CVX), AT&T (T), Cisco Systems (CSCO) and Intel (INTC).

Devon Energy's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Hexavest Inc. (0.17%), Caymus Capital Partners L.P. (0.08%), State of Alaska Department of Revenue (0.04%), Meag Munich Ergo Kapitalanlagegesellschaft MBH (0.04%), Meyer Handelman Co. (0.03%) and Zurcher Kantonalbank Zurich Cantonalbank (0.03%). 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.

DVN stock was sold by a variety of institutional investors in the last quarter, including Caymus Capital Partners L.P., Nisa Investment Advisors LLC, Commerzbank Aktiengesellschaft FI, DNB Asset Management AS, State of Alaska Department of Revenue, Private Asset Management Inc., Meyer Handelman Co. and Endurance Wealth Management Inc.. View Insider Buying and Selling for Devon Energy.

DVN stock was purchased by a variety of institutional investors in the last quarter, including Meag Munich Ergo Kapitalanlagegesellschaft MBH, Baxter Bros Inc., Baxter Bros Inc., Wealthfront Advisers LLC, Greylin Investment Mangement Inc., Wedbush Securities Inc., Alpine Global Management LLC and Foundation Resource Management Inc.. 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.

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, Robinhood, Fidelity and Charles Schwab.

One share of DVN stock can currently be purchased for approximately $24.21.

Devon Energy has a market capitalization of $9.30 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.

The official website for Devon Energy is http://www.devonenergy.com/.

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]