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. Stockholders of record on Friday, March 13th will be paid a dividend of $0.09 per share on Tuesday, March 31st. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date is Thursday, March 12th. View Devon Energy's Dividend History.

Devon Energy declared that its Board of Directors has approved a stock repurchase plan on Wednesday, June 6th 2018, which allows the company to buyback $3,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 14.6% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its shares are undervalued.

Devon Energy Corp (NYSE:DVN) posted its quarterly earnings results on Tuesday, November, 5th. The energy company reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.10. The energy company earned $1.85 billion during the quarter, compared to analyst estimates of $1.57 billion. Devon Energy had a net margin of 16.00% and a return on equity of 6.37%. During the same quarter in the prior year, the firm 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.

20 brokers have issued 12 month price targets for Devon Energy's stock. Their forecasts range from $25.50 to $42.00. On average, they anticipate Devon Energy's share price to reach $33.62 in the next year. This suggests a possible upside of 48.6% from the stock's current price. View Analyst Price Targets for Devon Energy.

20 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 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Devon Energy.

Headlines about DVN stock have trended somewhat negative this week, according to InfoTrie. The research firm ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Devon Energy earned a news impact score of -1.4 on InfoTrie's scale. They also gave press coverage about the energy company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Devon Energy.

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), Matador Resources (MTDR) and EQT (EQT).

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 a number of of institutional and retail investors. Top institutional investors include California Public Employees Retirement System (0.30%), New York State Teachers Retirement System (0.17%), Hexavest Inc. (0.17%), Virginia Retirement Systems ET AL (0.10%), Caymus Capital Partners L.P. (0.08%) and State of Alaska Department of Revenue (0.04%). 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 bought by a variety of institutional investors in the last quarter, including Virginia Retirement Systems ET AL, California Public Employees Retirement System, New York State Teachers Retirement System, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Baxter Bros Inc., Baxter Bros Inc., Wealthfront Advisers LLC and Landsberg Bennett & Dubbaneh 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.

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 $22.62.

Devon Energy has a market capitalization of $8.69 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]