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DVN

Devon Energy NYSE:DVN Stock Report

Last Price

US$65.27

Market Cap

US$42.7b

7D

0.8%

1Y

26.6%

Updated

29 Jan, 2023

Data

Company Financials +

DVN Stock Overview

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States.

DVN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance6/6
Financial Health4/6
Dividends4/6

My Notes

New

Notes are coming soon

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$65.27
52 Week HighUS$79.40
52 Week LowUS$48.86
Beta2.43
1 Month Change6.11%
3 Month Change-15.62%
1 Year Change26.61%
3 Year Change200.51%
5 Year Change63.05%
Change since IPO885.21%

Recent News & Updates

Analysts Just Made A Major Revision To Their Devon Energy Corporation (NYSE:DVN) Revenue Forecasts

Jan 12
Analysts Just Made A Major Revision To Their Devon Energy Corporation (NYSE:DVN) Revenue Forecasts

Devon Energy: Robust Free Cash Flow, But Technicals Suggest Downside Ahead

Jan 05

Is Devon Energy (NYSE:DVN) A Risky Investment?

Dec 19
Is Devon Energy (NYSE:DVN) A Risky Investment?

Recent updates

Analysts Just Made A Major Revision To Their Devon Energy Corporation (NYSE:DVN) Revenue Forecasts

Jan 12
Analysts Just Made A Major Revision To Their Devon Energy Corporation (NYSE:DVN) Revenue Forecasts

Is Devon Energy (NYSE:DVN) A Risky Investment?

Dec 19
Is Devon Energy (NYSE:DVN) A Risky Investment?

With EPS Growth And More, Devon Energy (NYSE:DVN) Makes An Interesting Case

Nov 18
With EPS Growth And More, Devon Energy (NYSE:DVN) Makes An Interesting Case

Are Devon Energy Corporation (NYSE:DVN) Investors Paying Above The Intrinsic Value?

Sep 21
Are Devon Energy Corporation (NYSE:DVN) Investors Paying Above The Intrinsic Value?

Devon Energy (NYSE:DVN) Has Announced That It Will Be Increasing Its Dividend To $1.55

Aug 18
Devon Energy (NYSE:DVN) Has Announced That It Will Be Increasing Its Dividend To $1.55

New Forecasts: Here's What Analysts Think The Future Holds For Devon Energy Corporation (NYSE:DVN)

Aug 03
New Forecasts: Here's What Analysts Think The Future Holds For Devon Energy Corporation (NYSE:DVN)

Growth Investors: Industry Analysts Just Upgraded Their Devon Energy Corporation (NYSE:DVN) Revenue Forecasts By 19%

Jul 13
Growth Investors: Industry Analysts Just Upgraded Their Devon Energy Corporation (NYSE:DVN) Revenue Forecasts By 19%

Need To Know: The Consensus Just Cut Its Devon Energy Corporation (NYSE:DVN) Estimates For 2022

Jun 27
Need To Know: The Consensus Just Cut Its Devon Energy Corporation (NYSE:DVN) Estimates For 2022

Is Devon Energy (NYSE:DVN) A Risky Investment?

May 13
Is Devon Energy (NYSE:DVN) A Risky Investment?

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

Apr 22
Calculating The Intrinsic Value Of Devon Energy Corporation (NYSE:DVN)

The Smart Strategy Behind Devon's (NYSE:DVN) 6.8% Dividend Yield

Mar 03
The Smart Strategy Behind Devon's (NYSE:DVN) 6.8% Dividend Yield

Analysts' Revenue Estimates For Devon Energy Corporation (NYSE:DVN) Are Surging Higher

Feb 18
Analysts' Revenue Estimates For Devon Energy Corporation (NYSE:DVN) Are Surging Higher

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

Feb 05
We Think Devon Energy (NYSE:DVN) Can Stay On Top Of Its Debt

Is Devon Energy Corporation (NYSE:DVN) Trading At A 45% Discount?

Nov 13
Is Devon Energy Corporation (NYSE:DVN) Trading At A 45% Discount?

Devon Energy (NYSE:DVN) Has A Pretty Healthy Balance Sheet

Oct 23
Devon Energy (NYSE:DVN) Has A Pretty Healthy Balance Sheet

Shareholder Returns

DVNUS Oil and GasUS Market
7D0.8%0.9%2.8%
1Y26.6%37.4%-9.2%

Return vs Industry: DVN underperformed the US Oil and Gas industry which returned 37.4% over the past year.

Return vs Market: DVN exceeded the US Market which returned -9.2% over the past year.

Price Volatility

Is DVN's price volatile compared to industry and market?
DVN volatility
DVN Average Weekly Movement6.6%
Oil and Gas Industry Average Movement6.9%
Market Average Movement6.9%
10% most volatile stocks in US Market17.3%
10% least volatile stocks in US Market2.8%

Stable Share Price: DVN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: DVN's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19711,600Rick Muncriefhttps://www.devonenergy.com

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 5,134 gross wells. Devon Energy Corporation was incorporated 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$42.67b
Earnings (TTM)US$6.25b
Revenue (TTM)US$18.79b

6.8x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DVN income statement (TTM)
RevenueUS$18.79b
Cost of RevenueUS$7.50b
Gross ProfitUS$11.28b
Other ExpensesUS$5.03b
EarningsUS$6.25b

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

Feb 14, 2023

Earnings per share (EPS)9.56
Gross Margin60.07%
Net Profit Margin33.28%
Debt/Equity Ratio58.6%

How did DVN perform over the long term?

See historical performance and comparison

Dividends

7.9%

Current Dividend Yield

49%

Payout Ratio