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Devon Energy NYSE:DVN Stock Report

Last Price

US$53.42

Market Cap

US$33.9b

7D

0.3%

1Y

-4.1%

Updated

14 Apr, 2024

Data

Company Financials +

Devon Energy Corporation

NYSE:DVN Stock Report

Market Cap: US$33.9b

DVN Stock Overview

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.

DVN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health3/6
Dividends5/6

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$53.42
52 Week HighUS$56.19
52 Week LowUS$40.47
Beta2.22
1 Month Change12.18%
3 Month Change24.90%
1 Year Change-4.09%
3 Year Change144.15%
5 Year Change59.23%
Change since IPO1,680.67%

Recent News & Updates

Recent updates

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

Devon Energy: Time To Add Exposure On Weakness

Feb 22

If EPS Growth Is Important To You, Devon Energy (NYSE:DVN) Presents An Opportunity

Feb 21
If EPS Growth Is Important To You, Devon Energy (NYSE:DVN) Presents An Opportunity

Devon Energy Non-GAAP EPS of $1.66 misses by $0.09, revenue of $4.3B beats by $10M

Feb 14

Devon Energy: Risks To The Dividend, But This Is Still Attractive

Feb 06

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?

Devon Energy: The Fourth Quarter Will Be On The Weak Side

Dec 06

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

Ridiculous And Dangerous Energy Policies Make Devon Energy A Must-Own Stock

Nov 03

Devon Energy: The Contrarian View

Oct 27

The Devon Bull Case Looks Terrific Despite Macro Challenges

Sep 26

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?

Shareholder Returns

DVNUS Oil and GasUS Market
7D0.3%-1.7%-1.7%
1Y-4.1%11.0%22.9%

Return vs Industry: DVN underperformed the US Oil and Gas industry which returned 11% over the past year.

Return vs Market: DVN underperformed the US Market which returned 22.9% over the past year.

Price Volatility

Is DVN's price volatile compared to industry and market?
DVN volatility
DVN Average Weekly Movement2.7%
Oil and Gas Industry Average Movement4.6%
Market Average Movement6.1%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: DVN's weekly volatility (3%) 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$33.90b
Earnings (TTM)US$3.75b
Revenue (TTM)US$14.43b

9.0x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DVN income statement (TTM)
RevenueUS$14.43b
Cost of RevenueUS$6.54b
Gross ProfitUS$7.89b
Other ExpensesUS$4.14b
EarningsUS$3.75b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 01, 2024

Earnings per share (EPS)5.90
Gross Margin54.68%
Net Profit Margin25.97%
Debt/Equity Ratio50.4%

How did DVN perform over the long term?

See historical performance and comparison

Dividends

5.4%

Current Dividend Yield

49%

Payout Ratio
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