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Devon Energy NYSE:DVN Stock Report

Last Price

US$38.30

Market Cap

US$24.9b

7D

-2.1%

1Y

-15.2%

Updated

20 Nov, 2024

Data

Company Financials +

Devon Energy Corporation

NYSE:DVN Stock Report

Market Cap: US$24.9b

Community Narratives

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Devon Energy Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Devon Energy
Historical stock prices
Current Share PriceUS$38.30
52 Week HighUS$55.09
52 Week LowUS$37.77
Beta2.07
11 Month Change-4.44%
3 Month Change-12.30%
1 Year Change-15.19%
33 Year Change-15.06%
5 Year Change70.15%
Change since IPO1,176.67%

Recent News & Updates

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

Oct 23

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

Sep 23

Recent updates

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

Oct 23

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

Sep 23

The Market Doesn't Like What It Sees From Devon Energy Corporation's (NYSE:DVN) Earnings Yet

Sep 17
The Market Doesn't Like What It Sees From Devon Energy Corporation's (NYSE:DVN) Earnings Yet

Devon Energy Is An Impressive Portfolio Cornerstone

Sep 16

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

Aug 12

Devon Energy Looks Interesting Heading Into Earnings

Aug 04

Devon Energy (NYSE:DVN) Seems To Use Debt Quite Sensibly

Jul 28
Devon Energy (NYSE:DVN) Seems To Use Debt Quite Sensibly

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

Jul 11

Devon Energy: Plenty Of Reasons To Remain Bullish

Jul 03

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

Jun 17

The Market Doesn't Like What It Sees From Devon Energy Corporation's (NYSE:DVN) Earnings Yet

Jun 07
The Market Doesn't Like What It Sees From Devon Energy Corporation's (NYSE:DVN) Earnings Yet

Estimating The Intrinsic Value Of Devon Energy Corporation (NYSE:DVN)

May 23
Estimating The Intrinsic Value Of Devon Energy Corporation (NYSE:DVN)

Devon Energy Believes It Offers 'Incredible Value' - I Agree

May 15

Some Analysts Just Cut Their Devon Energy Corporation (NYSE:DVN) Estimates

May 03
Some Analysts Just Cut Their Devon Energy Corporation (NYSE:DVN) Estimates

Devon Energy: The Turnaround Is Just Getting Started

Apr 12

Devon Energy: Likely Fairly Valued (Rating Downgrade)

Apr 04

Devon Energy: Cash Cow Investors Should Look At This

Mar 25

Value Vs. Growth: Why Devon Energy Is The Smarter Investment

Mar 08

Devon Energy Changes The Playbook For The Better

Mar 01

Devon Energy: Accumulating The Dip

Feb 04

These 4 Measures Indicate That Devon Energy (NYSE:DVN) Is Using Debt Extensively

Feb 01
These 4 Measures Indicate That Devon Energy (NYSE:DVN) Is Using Debt Extensively

Devon Energy Vs. Diamondback Energy: A Battle Of The Permian

Jan 22

Calculating The Fair Value Of Devon Energy Corporation (NYSE:DVN)

Jan 14
Calculating The Fair Value Of Devon Energy Corporation (NYSE:DVN)

Devon Energy: A Strong E&P Play With Attractive Capital Returns

Jan 06

Devon Energy: Shares Fall To Key Support As Oil Bounces Into Mid-$70s

Dec 25

Devon Energy: Learn To Love The Variable Dividend

Dec 18

After Years Of Strong Upside, Devon Energy Deserves More

Nov 24

Devon Energy: Why You Shouldn't Catch This Falling Knife Again (Rating Downgrade)

Nov 17

Devon Energy: Love Is In The Air

Oct 18

Here's Why Devon Energy (NYSE:DVN) Can Manage Its Debt Responsibly

Oct 18
Here's Why Devon Energy (NYSE:DVN) Can Manage Its Debt Responsibly

Devon Energy: The Bullish Thesis Could Be Broken - Here's Why I Turned Cautious (Rating Downgrade)

Oct 06

Calculating The Intrinsic Value Of Devon Energy Corporation (NYSE:DVN)

Sep 29
Calculating The Intrinsic Value Of Devon Energy Corporation (NYSE:DVN)

Devon Energy's (NYSE:DVN) Dividend Will Be Reduced To $0.49

Sep 08
Devon Energy's (NYSE:DVN) Dividend Will Be Reduced To $0.49

Devon Energy: The Path To A 10% Yield And 100% Total Return

Sep 05

Devon Energy (NYSE:DVN) Has Announced That Its Dividend Will Be Reduced To $0.49

Aug 25
Devon Energy (NYSE:DVN) Has Announced That Its Dividend Will Be Reduced To $0.49

How Devon Energy Positioned Itself For Growth

Aug 17

Devon Energy (NYSE:DVN) Has Announced That Its Dividend Will Be Reduced To $0.49

Aug 08
Devon Energy (NYSE:DVN) Has Announced That Its Dividend Will Be Reduced To $0.49

Devon Energy Q2: Market Capitulation Presents The Doubling Down Opportunity

Aug 03

Does Devon Energy (NYSE:DVN) Deserve A Spot On Your Watchlist?

Jul 30
Does Devon Energy (NYSE:DVN) Deserve A Spot On Your Watchlist?

Devon Energy: I Expect A Brief Buying Opportunity Post Earnings

Jul 27

Peak Shale: Why I Believe That Devon Energy Could Double

Jul 14

We Think Devon Energy (NYSE:DVN) Can Stay On Top Of Its Debt

Jul 12
We Think Devon Energy (NYSE:DVN) Can Stay On Top Of Its Debt

Devon Energy: A Definite Buy Below Management Share Repurchase Prices

Jun 11

Estimating The Intrinsic Value Of Devon Energy Corporation (NYSE:DVN)

Jun 01
Estimating The Intrinsic Value Of Devon Energy Corporation (NYSE:DVN)

Devon Energy's Weakness Makes It A Valuable Investment

May 28

Devon Energy's (NYSE:DVN) Dividend Is Being Reduced To $0.72

May 17
Devon Energy's (NYSE:DVN) Dividend Is Being Reduced To $0.72

Devon Energy Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

May 10
Devon Energy Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

We Think Devon Energy (NYSE:DVN) Can Stay On Top Of Its Debt

Mar 31
We Think Devon Energy (NYSE:DVN) Can Stay On Top Of Its Debt

Shareholder Returns

DVNUS Oil and GasUS Market
7D-2.1%1.9%-1.0%
1Y-15.2%16.1%30.3%

Return vs Industry: DVN underperformed the US Oil and Gas industry which returned 16.1% over the past year.

Return vs Market: DVN underperformed the US Market which returned 30.3% over the past year.

Price Volatility

Is DVN's price volatile compared to industry and market?
DVN volatility
DVN Average Weekly Movement3.7%
Oil and Gas Industry Average Movement5.3%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: DVN has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: DVN's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19711,900Rick Muncriefwww.devonenergy.com

Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Eagle Ford, Anadarko, Williston, and Powder River Basins. The company was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.

Devon Energy Corporation Fundamentals Summary

How do Devon Energy's earnings and revenue compare to its market cap?
DVN fundamental statistics
Market capUS$24.90b
Earnings (TTM)US$3.40b
Revenue (TTM)US$14.53b

7.4x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DVN income statement (TTM)
RevenueUS$14.53b
Cost of RevenueUS$6.75b
Gross ProfitUS$7.78b
Other ExpensesUS$4.37b
EarningsUS$3.40b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)5.18
Gross Margin53.53%
Net Profit Margin23.43%
Debt/Equity Ratio61.4%

How did DVN perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

37%

Payout Ratio

Does DVN pay a reliable dividends?

See DVN dividend history and benchmarks
When do you need to buy DVN by to receive an upcoming dividend?
Devon Energy dividend dates
Ex Dividend DateDec 13 2024
Dividend Pay DateDec 30 2024
Days until Ex dividend22 days
Days until Dividend pay date39 days

Does DVN pay a reliable dividends?

See DVN dividend history and benchmarks