Devon Energy Corporation

NYSE:DVN Rapport sur les actions

Capitalisation boursière : US$54.4b

Devon Energy Résultats passés

Passé contrôle des critères 2/6

Devon Energy a connu une croissance annuelle moyenne de ses bénéfices de 3.4%, tandis que le secteur Oil and Gas a vu ses bénéfices augmenter de en hausse à 8% par an. Les revenus ont augmenté de en hausse à un taux moyen de 7% par an. Le rendement des capitaux propres de Devon Energy est 14.9% et ses marges nettes sont de 14.2%.

Informations clés

3.36%

Taux de croissance des bénéfices

4.36%

Taux de croissance du BPA

Oil and Gas Croissance de l'industrie33.67%
Taux de croissance des recettes7.04%
Rendement des fonds propres14.86%
Marge nette14.17%
Dernière mise à jour des bénéfices31 Mar 2026

Mises à jour récentes des performances passées

Article d’analyse May 16

Devon Energy's (NYSE:DVN) Weak Earnings Might Be Worse Than They Appear

The recent earnings release from Devon Energy Corporation ( NYSE:DVN ) was disappointing to investors. We think there...

Recent updates

Nouveau récit May 19

Devon Energy & Coterra Energy – Shareholders Approve Strategic All-Stock Merger

Creating a Premier Large-Cap Shale Operator with Enhanced Scale & Free Cash Flow Potential Analyst: Qudus Adebara (Founder of Wane Investment House) Transaction Overview Devon Energy Corporation and Coterra Energy Inc have received overwhelming shareholder approval for their previously announced all-stock merger , clearing a major milestone toward completion of the transaction. Transaction Type: All-stock merger Expected Closing Date: On or around May 7, 2026 Ownership Structure Post-Merger: Devon shareholders: ~54% Coterra shareholders: ~46% Exchange Ratio: Each Coterra share → 0.70 shares of Devon stock The merger will combine two major shale operators into a larger, more diversified energy company with expanded scale, operational synergies, and stronger free cash flow generation potential.
Nouveau récit May 17

Devon is a high FCF, diversified energy platform with lower volatility and slightly lower margins

Copilot creates this clean, structured pro‑forma model for Devon + Coterra , built with realistic assumptions from the data we gathered and typical upstream modeling logic. Copilot’ll keep it analytical (like a buy-side memo) and explicit about assumptions so you can tweak it.
Article d’analyse May 16

Devon Energy's (NYSE:DVN) Weak Earnings Might Be Worse Than They Appear

The recent earnings release from Devon Energy Corporation ( NYSE:DVN ) was disappointing to investors. We think there...
Seeking Alpha May 14

Devon Energy: Optimization Success, Upstream Unpredictable

Summary Devon Energy remains a hold as operational execution is strong, but valuation is less attractive than it appears. DVN's strategic focus on maximizing free cash flow over production growth has delivered $1 billion in annual improvements ahead of schedule. Margins are under pressure from rising production costs and falling EBITDA, with net income margin down to 14.2% from 17.5%. DVN's earnings and valuation remain highly sensitive to oil prices, making long-term upside dependent on commodity trends. Read the full article on Seeking Alpha
Mise à jour du récit May 04

DVN: Higher Oil Decks And Coterra Merger Will Support Future Cash Returns

Analysts have raised the updated fair value estimate for Devon Energy to $59.28 from $44.34, reflecting a series of higher Street price targets that reference revised oil price decks, stronger margin assumptions, and a lower future P/E multiple in their models. Analyst Commentary Recent Street research around Devon Energy has centered on revised oil price assumptions, updated exploration and production models after Q4 results, and the planned merger with Coterra Energy.
Mise à jour du récit Apr 20

DVN: Higher Oil Deck And Coterra Merger Will Support Cash Returns

Analysts recently adjusted their Devon Energy price targets with a modest net increase of a few dollars, citing updated oil price assumptions, refreshed exploration and production models after Q4 results, and expectations for cash flow support from geopolitical risk scenarios. Analyst Commentary Bullish analysts have been steadily lifting Devon Energy price targets, pointing to updated exploration and production models, higher long term oil price assumptions, and constructive views on cash flow resilience in the current geopolitical backdrop.
Mise à jour du récit Apr 05

DVN: Higher Oil Deck And Coterra Tie Up Will Support Cash Returns

Devon Energy's updated fair value estimate has moved to $69 from $62. Analysts point to higher oil price assumptions, refreshed exploration and production models, and revised P/E expectations as key drivers behind the shift in price targets across recent research.
Mise à jour du récit Mar 22

DVN: Elevated Oil Assumptions And Merger Execution Risk Will Drive Future Downside

Analysts have lifted the fair value estimate for Devon Energy to $41.00 from $36.07 as higher sector oil price assumptions and updated exploration and production models contribute to stronger revenue growth expectations along with a slightly lower assumed future P/E multiple. Analyst Commentary Recent Street research on Devon Energy shows a wide range of views, with several firms lifting price targets while others highlight valuation limits and execution questions.
Mise à jour du récit Mar 07

DVN: Future Cash Returns And Coterra Tie Up Will Support Upside

The updated fair value estimate for Devon Energy moves to $62 from $57.14, reflecting higher Street price targets tied to analysts' use of increased long term oil price assumptions, modest P/E multiple expansion, and expectations for improved profitability despite more muted revenue growth assumptions. Analyst Commentary Recent commentary around Devon Energy has tilted more positive, with several bullish analysts lifting price targets and signaling confidence in both the underlying business and the proposed merger with Coterra Energy.
Mise à jour du récit Feb 21

DVN: Coterra Merger Execution Risk Will Drive Future Downside Potential

Analysts have raised their blended price target on Devon Energy by about $2. The change reflects recent Q4 production and EPS beats, broadly higher Street targets in the $45 to $52 range, and expectations that the planned Coterra merger remains on track.
Mise à jour du récit Feb 07

DVN: Merger Execution Risk And Margin Assumptions Will Drive Future Downside Potential

Analysts have lifted their price targets on Devon Energy, supporting a fair value move to $34.00 as they factor in a lower discount rate, a higher projected profit margin of 18.17% and a future P/E of 8.40, despite expecting a 2.27% revenue decline. Analyst Commentary Recent Street research highlights a mix of optimism and caution around Devon Energy, with several firms lifting price targets while a few voices flag execution and valuation risks.
Article d’analyse Feb 07

Even With A 27% Surge, Cautious Investors Are Not Rewarding Devon Energy Corporation's (NYSE:DVN) Performance Completely

Devon Energy Corporation ( NYSE:DVN ) shareholders have had their patience rewarded with a 27% share price jump in the...
Mise à jour du récit Jan 24

DVN: Potential Coterra Merger Will Drive Future Portfolio Optimization And Capital Returns

Analysts have made a modest trim to their fair value estimate for Devon Energy to about $44.34, reflecting slightly lower discount rate and margin assumptions, alongside updated revenue growth expectations and a mixed set of recent price target changes from firms that raised and lowered their views. Analyst Commentary Recent research on Devon Energy presents a mixed picture, with some firms adjusting price targets higher while others are turning more cautious on the shares and sector positioning.
Mise à jour du récit Jan 10

DVN: Future Cash Returns And Basin Free Cash Flow Will Support Upside

Analysts have trimmed their fair value estimate for Devon Energy to about $57.14 from $57.76, reflecting updated price targets in the US$42 to US$47 range and refreshed assumptions for revenue growth, profit margins and future P/E multiples following recent third-quarter related research. Analyst Commentary Recent research on Devon Energy clusters around fine tuning valuation rather than making wholesale changes, with price targets now generally in the US$42 to US$47 range.
Mise à jour du récit Dec 26

DVN: Future Cash Returns And Buybacks Will Drive Share Price Upside

Analysts have modestly lowered their price target on Devon Energy, trimming it by a few dollars per share into the low to mid $40s. Updated models following Q3 results reflect slightly weaker cash flow expectations and more conservative assumptions for revenue growth and margins, even as operational execution remains solid.
Mise à jour du récit Dec 12

DVN: Future Cash Returns And Buybacks Will Support Upside Potential

Analysts have modestly revised their price targets for Devon Energy, with the updated fair value estimate easing from about $60.55 to $57.83 as they factor in slower top line growth, slightly higher long term valuation multiples, and steady to improving profitability following recent Q3 updates. Analyst Commentary Bullish analysts remain constructive on Devon Energy following its recent Q3 update, even as they take a more measured approach to valuation.
Mise à jour du récit Nov 07

DVN: Ongoing Operational Strength Will Drive Profitable Portfolio Optimization Ahead

Devon Energy's analyst price target has been modestly reduced from $49 to $47 per share. Analysts anticipate softer cash flow in the near term due to weaker gas and natural gas liquids realizations, and they expect Q3 operational updates to be largely stable.
Mise à jour du récit Oct 12

AI And Midstream Investments Will Optimize Operational Efficiency

The analyst price target for Devon Energy has moved slightly higher, rising from approximately $45.48 to $46.03 per share. Analysts cite ongoing operational improvements and updated industry margin expectations as key factors behind the increase.
Mise à jour du récit Sep 04

AI And Midstream Investments Will Optimize Operational Efficiency

Analyst sentiment on Devon Energy remains mixed, with bulls citing higher oil price expectations and strong production metrics, while bears note tax headwinds and muted free cash flow, resulting in the consensus price target holding steady at $45.45. Analyst Commentary Bullish analysts highlight increased oil price expectations and positive macro outlook for U.S. E&P sector as key drivers for higher price targets.
Article d’analyse Jul 18

Investors Aren't Buying Devon Energy Corporation's (NYSE:DVN) Earnings

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 19x, you may...
Seeking Alpha Apr 22

Devon Energy: Limited Upside From Natural Gas

Summary Devon Energy has underperformed gas-focused peers and is down 20.6% since January 15, 2025, despite improved natural gas price realizations. DVN's free cash flow is primarily driven by oil and NGLs prices, limiting the impact of higher natural gas prices on its overall cash flow. Management's focus on operational efficiency and cost reduction is positive, but DVN faces headwinds from debt burden and potential recession impacts. I maintain a "Hold" rating on DVN, preferring exposure to gas-focused producers like EQT Corp. due to their resilience amid market volatility. Read the full article on Seeking Alpha
Seeking Alpha Mar 30

Devon Energy's Recovery Is Well Deserved - Richer Return Prospects Ahead

Summary Devon Energy remains inherently discounted compared to its peers despite the recent bounce, thanks to its growing production capacity and richer profit margins. Thanks to the still healthy balance sheet and rich cash flow generations, we believe that the oil/gas company remains well positioned to continue deleveraging while paying out dividends. On the other hand, readers must note that the oil/ gas sector is an inherently volatile sector, worsened by the ongoing OPEC+ output relaxation and non-OPEC+ increases. This is worsened by the elevated recessionary risks, the likely higher for longer interest rates, and the new US administration's intensified tariff/ trade war. These reasons are also why our reiterated Buy rating for the DVN stock comes with numerous caveats. Read the full article on Seeking Alpha
Seeking Alpha Feb 26

Devon Energy Is One Of The Few Growing Oil Companies

Summary Devon Energy is focused on aggressively growing production, both into 2024, along with double-digit growth into 2025. The company has a strong dividend that it's increasing, and it plans to continue increasing that dividend going forward. The company's aggressive share repurchases will combine with a growing dividend and production to enable overall shareholder returns. Read the full article on Seeking Alpha
Seeking Alpha Feb 19

Devon Energy: Oversold And On Sale Or A Value Trap? (Technical Analysis)

Summary DVN is fundamentally oversold, presenting a potential value play and buyout opportunity despite its unrelentingly bearish stock price. Our methodology synergizes fundamental analysis with the study of crowd behavior to identify key levels and potential bullish setups for DVN. Market sentiment shifts naturally, influencing stock prices like DVN before economic fundamentals change, as explained by Avi Gilburt's insights on sentiment-driven market movements. Our analysis method offers reliable guidance and risk management, proving more consistent than traditional technical analysis for trading and investing decisions. Read the full article on Seeking Alpha
Seeking Alpha Feb 10

Devon Energy: Shares Washed Out And Undervalued Heading Into Earnings

Summary Devon Energy is rated a buy due to its compelling valuation, despite a 25% decline since August 2024 and recent oil price drops. Q3 2024 results showed strong production and revenue growth, beating estimates, with significant free cash flow and shareholder returns via buybacks and dividends. Risks include a weaker global economy, lower oil prices, and potential delays in new upstream assets impacting EPS growth forecasts. Technically, DVN's December low of $30.39 is key support, with resistance around $39-$40; the stock's RSI indicates a potential rebound. Read the full article on Seeking Alpha
Seeking Alpha Jan 08

Devon Energy: A Turnaround Story In The Making

Summary Devon Energy is rated a BUY due to its counter-cyclical investment opportunity and significant free cash flow growth from the Grayson Mill acquisition. The market has completely forgotten about the GM acquisition on the eve of the first full quarter operating under DVN. The addition of this high oil cut producer will add $200 million in FCF in Q4 despite the commodity weakness. This, combined with share buybacks, debt retirement, and a well program that continues to beat expectations, will eventually make the market favor Devon Energy. Read the full article on Seeking Alpha
Seeking Alpha Jan 02

Devon Energy May Be Entering A Favorable Commodities Market In 2025

Summary 2025's commodity price outlook looks good for Devon Energy; expectations of a slight fall in oil prices is more than offset by projections of rising natural gas and NGL prices. Drilling activities' efficiency improvements are resulting in lower capex intensity, which bodes well for FCF return profiles. Valuations are undemanding as DVN trades at a larger-than-usual discount vs peers on a 1-yr fwd PE basis. DVN vs SPX500 is in an incumbent downward multi-quarter downflow, but has reached a key support level. I anticipate some sideways consolidation ahead. The recent fall in the stock has been driven by multiples de-rating whilst earnings expectations have remained stagnant. I'd like to see an uptick in earnings upgrades to have a fundamentals boost for buys. Read the full article on Seeking Alpha
Seeking Alpha Dec 21

Devon: Missing Bullish Support - Unloved Status Triggers Rich Upside Potential

Summary The suspension of DVN's variable dividends is only temporary in our view, pending a healthier balance sheet, as the management leans "in heavier on its share repurchase program" at these discounted stock prices. If anything, its debt leverage ratio remains reasonable compared to the sector median and some of its peers, with it underscoring why the sell off has been overly done. While the WTI crude oil spot prices may have moderated from pandemic heights, it is likely to remain well supported in the $70s, thanks to the prolonged OPEC+ cuts. DVN's rich Cash from Operations at $6.67B over the LTM underscores the management's ability to pay down its debts rapidly while sustaining its shareholder returns ahead. Combined with the oversold status, we believe that patient investors may look forward to a rich upside potential upon the reversal in sentiments. Get paid while waiting. Read the full article on Seeking Alpha
Seeking Alpha Nov 29

Drilling Deep, Cashing Big - Devon Energy's Significant Upside Potential

Summary Devon Energy is undervalued, trading at just 3.5x operating cash flow, with a fair value estimate of $82 per share, offering significant upside potential. Despite recent underperformance, DVN's fundamentals are strong, with record-breaking production and efficiency gains, particularly in the Delaware Basin. The company plans to return up to 70% of free cash flow to shareholders through dividends and buybacks, promising substantial returns at higher oil prices. Devon's stock is volatile and best suited for risk-tolerant investors, while more conservative investors might prefer peers like Diamondback Energy and EOG Resources. Read the full article on Seeking Alpha
Seeking Alpha Oct 23

Devon Energy: Shareholder Yield Near 9%, Relatively Undervalued, But I'm Not Buying

Summary Devon Energy is relatively undervalued compared to peers, giving it upside potential from a P/E multiple expansion perspective. The company returns significant capital to shareholders via buybacks, dividends, and debt paydown, with a TTM shareholder yield of 8.7%. Despite high profitability and Devon's low breakeven price for WTI oil, the outlook for oil prices is not bullish enough to get me excited. Despite the positives and the stock being at a support level, I prefer waiting for an even higher yield before investing in order to compensate for oil's volatility. Read the full article on Seeking Alpha
Seeking Alpha Sep 23

Devon Energy: 4% Yield, 7X P/E, $5 Billion Stock Buyback (Rating Upgrade)

Summary Devon Energy's strategic acquisition in the Williston Basin diversifies its production footprint and is expected to drive earnings growth. The company has increased its stock buyback authorization to $5B, enhancing its appeal as a top capital return play. Devon Energy's valuation remains attractive with a forward P/E ratio of 6.9X, offering potential long-term capital upside. Read the full article on Seeking Alpha
Seeking Alpha Sep 16

Devon Energy Is An Impressive Portfolio Cornerstone

Summary Devon Energy Corporation boasts a strong business model with a 5%+ dividend yield and a robust financial position, ensuring substantial shareholder returns. The company has paid out over $14 billion to shareholders since 2020, primarily through dividends and share repurchases. Devon's acquisition of Grayson Mill Energy enhances its asset base, adding 100,000 BOE/day and significant cost savings, boosting future returns. Despite weak oil prices, Devon's low breakeven and 9% FCF yield at $70 WTI underscore its resilience and investment value. Read the full article on Seeking Alpha
Seeking Alpha Aug 12

8% Return Yield At Potential $80 - Why I Believe Devon Energy Is A Steal

Summary Devon Energy's strong production in key basins and strategic acquisitions drive its growth, positioning it as a major player in the U.S. oil industry. The company's focus on shareholder returns, through dividends and buybacks, is supported by its low breakeven prices and healthy balance sheet. Despite recent underperformance, Devon's attractive valuation and potential for substantial gains make it a compelling buy for those who can handle volatility. Read the full article on Seeking Alpha
Seeking Alpha Aug 04

Devon Energy Looks Interesting Heading Into Earnings

Summary Devon Energy shares have dropped significantly since October 2022, but are trading at less than 10 times earnings with a 19.3% FCF yield. The acquisition of Grayson Mill assets is expected to boost DVN's production, earnings, and FCF, making it one of the largest domestic onshore upstream producers. DVN's valuation is cheap, trading at 7.92 times 2024 earnings and almost yielding 5% on the dividend, making it an attractive investment opportunity. Read the full article on Seeking Alpha

Ventilation des recettes et des dépenses

Comment Devon Energy gagne et dépense de l'argent. Sur la base des derniers bénéfices déclarés, sur une base LTM.


Historique des gains et des recettes

NYSE:DVN Recettes, dépenses et bénéfices (USD Millions )
DateRecettesLes revenusDépenses G+ADépenses de R&D
31 Mar 2616,0032,2685450
31 Dec 2516,0382,6425350
30 Sep 2516,5542,7195620
30 Jun 2516,2842,8445610
31 Mar 2516,1312,7895450
31 Dec 2415,1712,8915280
30 Sep 2414,5293,4044760
30 Jun 2414,7623,5024570
31 Mar 2414,3863,3564420
31 Dec 2315,1403,7474280
30 Sep 2314,9303,7894480
30 Jun 2316,0844,7554450
31 Mar 2318,2895,9724370
31 Dec 2219,8275,9584240
30 Sep 2218,7856,2513850
30 Jun 2217,4025,2073840
31 Mar 2214,8023,5453870
31 Dec 2113,7502,7834050
30 Sep 2110,4131,2183880
30 Jun 217,7662793680
31 Mar 215,535-6533590
31 Dec 204,673-2,5563530
30 Sep 204,789-2,4694150
30 Jun 205,196-2,2264490
31 Mar 206,085-1,3984810
31 Dec 196,674-835150
30 Sep 197,6791,1635100
30 Jun 198,1941,1575320
31 Mar 198,4504215560
31 Dec 188,4395466070
30 Sep 188,084-7866870
30 Jun 187,895-7437640
31 Mar 188,161278380
31 Dec 176,340-1487740
30 Sep 179,0973,2231,2010
30 Jun 179,9744,0321,1310
31 Mar 1710,4422,2891,0600
31 Dec 166,604-1748710
30 Sep 1610,187-8,1686760
30 Jun 1610,562-12,6587330
31 Mar 1611,586-13,9157980
31 Dec 1512,938-12,9011,3840
30 Sep 1513,708-10,3309130
30 Jun 1515,157-5,8169100

Des revenus de qualité: DVN a des bénéfices de haute qualité.

Augmentation de la marge bénéficiaire: Les marges bénéficiaires nettes actuelles de DVN sont inférieures à celles de l'année dernière DVN. (14.2%) sont inférieures à celles de l'année dernière (17.3%).


Analyse des flux de trésorerie disponibles par rapport aux bénéfices


Analyse de la croissance passée des bénéfices

Tendance des revenus: DVN est devenue rentable au cours des 5 dernières années, augmentant ses bénéfices de 3.4% par an.

Accélération de la croissance: DVN a connu une croissance négative de ses bénéfices au cours de l'année écoulée, elle ne peut donc pas être comparée à sa moyenne sur 5 ans.

Bénéfices par rapport au secteur d'activité: DVN a enregistré une croissance négative de ses bénéfices ( -18.7% ) au cours de l'année écoulée, ce qui rend difficile la comparaison avec la moyenne du secteur Oil and Gas ( 5.8% ).


Rendement des fonds propres

ROE élevé: Le retour sur capitaux propres de DVN ( 14.9% ) est considéré comme faible.


Rendement des actifs


Rendement des capitaux employés


Découvrir des entreprises performantes dans le passé

Analyse de l'entreprise et données financières

DonnéesDernière mise à jour (heure UTC)
Analyse de l'entreprise2026/05/26 11:30
Cours de l'action en fin de journée2026/05/26 00:00
Les revenus2026/03/31
Revenus annuels2025/12/31

Sources de données

Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.

PaquetDonnéesCadre temporelExemple de source américaine *
Finances de l'entreprise10 ans
  • Compte de résultat
  • Tableau des flux de trésorerie
  • Bilan
Estimations consensuelles des analystes+3 ans
  • Prévisions financières
  • Objectifs de prix des analystes
Prix du marché30 ans
  • Cours des actions
  • Dividendes, scissions et actions
Propriété10 ans
  • Actionnaires principaux
  • Délits d'initiés
Gestion10 ans
  • L'équipe dirigeante
  • Conseil d'administration
Principaux développements10 ans
  • Annonces de l'entreprise

* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.

Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.

Modèle d'analyse et flocon de neige

Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github; nous proposons également des guides expliquant comment utiliser nos rapports et des tutoriels sur Youtube.

Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.

Indicateurs de l'industrie et du secteur

Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.

Sources des analystes

Devon Energy Corporation est couverte par 60 analystes. 14 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.

AnalysteInstitution
William SeleskyArgus Research Company
Hsulin PengBaird
Wei JiangBarclays