Devon Energy Corporation

Report azionario NYSE:DVN

Capitalizzazione di mercato: US$52.6b

Devon Energy Performance degli utili passati

Criteri Il passato verificati 2/6

Devon Energy ha registrato una crescita degli utili a un tasso medio annuo di 3.4%, mentre il settore Oil and Gas ha registrato utili in crescita a un tasso medio annuo di 10%. I ricavi sono stati in crescita a un tasso medio annuo di 7%. Il ritorno sul capitale proprio di Devon Energy è 14.9% e ha margini netti di 14.2%.

Informazioni chiave

3.36%

Tasso di crescita degli utili

4.36%

Tasso di crescita dell'EPS

Oil and Gas Crescita del settore33.67%
Tasso di crescita dei ricavi7.04%
Rendimento del capitale proprio14.86%
Margine netto14.17%
Ultimo aggiornamento sugli utili31 Mar 2026

Aggiornamenti sulle prestazioni recenti

Recent updates

Aggiornamento dell'analisi 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.
Aggiornamento dell'analisi 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.
Seeking Alpha Apr 06

Devon Energy: Merger Deal, Iran War, Price Tailwinds

Summary Devon Energy stands to benefit from elevated oil prices driven by escalating Middle East conflict and U.S.-Iran tensions. DVN's all-stock merger with Coterra Energy creates a diversified, larger-scale producer targeting $1.0B in annualized cost savings by FY 2027. DVN trades at a forward P/E of 12.2X, below the industry average, offering valuation upside amid robust production growth and merger synergies. I maintain a bullish outlook on DVN for energy-oriented growth investors, supported by cheap valuation, production growth, and merger-driven cash flow upside. Read the full article on Seeking Alpha
Aggiornamento dell'analisi 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.
Aggiornamento dell'analisi 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.
Aggiornamento dell'analisi 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.
Aggiornamento dell'analisi 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.
Aggiornamento dell'analisi 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.
Articolo di analisi 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...
Aggiornamento dell'analisi 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.
Aggiornamento dell'analisi 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.
Aggiornamento dell'analisi 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.
Aggiornamento dell'analisi 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.
Aggiornamento dell'analisi 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.
Aggiornamento dell'analisi 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.
Aggiornamento dell'analisi 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.
Articolo di analisi 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
Seeking Alpha Jul 11

Devon Energy: Averaging Down The Earnings With The Grayson Mill Acquisition

Summary Devon Energy plans to purchase Grayson Mill Energy assets in the Williston Basin. Comparison to Diamondback Energy shows Devon's "diworsification" strategy. Hess reporting indicates low profits from United States assets, suggesting the Hess Bakken acreage has high costs. Diamondback Energy has very roughly the same free cash flow as Devon on far less production. Diamondback Energy reported more GAAP profits in the first quarter on far less production than Devon. Read the full article on Seeking Alpha
Seeking Alpha Jul 03

Devon Energy: Plenty Of Reasons To Remain Bullish

Summary Devon Energy is a large player in the oil and gas market with a market capitalization of $28.88 billion. Despite recent share price declines, company fundamentals remain strong with increased production guidance and cost reductions. Valuation metrics show Devon Energy is attractively priced compared to similar firms, with low leverage and a stable oil price outlook. Read the full article on Seeking Alpha
Seeking Alpha Jun 17

Devon's Undervaluation Remains A Boon As Management Executes Brilliantly - Reiterate Buy

Summary DVN's hedging in FQ1'24 has not turned out as expected, triggering impacted top/ bottom lines. Combined with the management's intensified focus on balance sheet deleveraging and share count retirement, it is unsurprising that recent dividend payouts have underwhelmed. This is on top of its "price discipline as an acquirer," resulting in DVN missing out on multiple M&A activities observed in the oil/ gas sector thus far. However, with current spot prices higher than those observed in Q1'24, we expect things to improve moving forward, further aided by the OPEC+ reiterated production cuts through 2025. Investors only need to remain patient for DVN's eventual upward rerating, while collecting its variable/ fixed dividend payouts in the meantime. Read the full article on Seeking Alpha

Ripartizione dei ricavi e delle spese

Come Devon Energy guadagna e spende denaro. In base agli ultimi utili dichiarati, su base LTM.


Storico di utili e ricavi

NYSE:DVN Ricavi, spese e utili (USD Millions )
DataRicaviUtiliSpese G+ASpese di R&S
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

Guadagni di qualità: DVN ha guadagni di alta qualità.

Margine di profitto in crescita: Gli attuali margini di profitto netti di DVN (14.2%) sono inferiori rispetto allo scorso anno (17.3%).


Flusso di cassa libero e analisi degli utili


Analisi della crescita degli utili nel passato

Andamento degli utili: DVN è diventata redditizia negli ultimi 5 anni, aumentando i guadagni del 3.4% all'anno.

Accelerare la crescita: DVN ha avuto una crescita negativa degli utili nell'ultimo anno, quindi non può essere confrontata con la sua media quinquennale.

Guadagni vs Settore: DVN ha avuto una crescita negativa degli utili ( -18.7% ) nell'ultimo anno, rendendo difficile il confronto con la media del settore Oil and Gas ( -4.3% ).


Rendimento del capitale proprio

ROE elevato: Il Return on Equity ( 14.9% ) di DVN è considerato basso.


Rendimento delle attività


Rendimento del capitale investito


Scoprire le aziende con forti performance passate

Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2026/05/11 00:08
Prezzo dell'azione a fine giornata2026/05/11 00:00
Utili2026/03/31
Utili annuali2025/12/31

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; abbiamo anche guide su come utilizzare i nostri report e tutorial su Youtube.

Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

Devon Energy Corporation è coperta da 62 analisti. 13 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.

AnalistaIstituzione
William SeleskyArgus Research Company
Hsulin PengBaird
Wei JiangBarclays