DVN Stock Overview
An independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 5/6 |
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WA
WarrenAI
Based on Analyst Price Targets
Delaware Basin And Grayson Mill Drive Record Oil Production And Revenue Surge
US$58.21
FV
24.3% undervalued intrinsic discount11.73%
Revenue growth p.a.
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14 days agoauthor updated this narrative
Devon Energy Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$44.04 |
| 52 Week High | US$55.09 |
| 52 Week Low | US$40.47 |
| Beta | 2.11 |
| 11 Month Change | -7.75% |
| 3 Month Change | -9.75% |
| 1 Year Change | -11.46% |
| 33 Year Change | 54.36% |
| 5 Year Change | 106.37% |
| Change since IPO | 1,368.00% |
Recent News & Updates
8% Return Yield At Potential $80 - Why I Believe Devon Energy Is A Steal
Aug 12Devon Energy Looks Interesting Heading Into Earnings
Aug 04Devon Energy (NYSE:DVN) Seems To Use Debt Quite Sensibly
Jul 28
Recent updates
8% Return Yield At Potential $80 - Why I Believe Devon Energy Is A Steal
Aug 12Devon Energy Looks Interesting Heading Into Earnings
Aug 04Devon Energy (NYSE:DVN) Seems To Use Debt Quite Sensibly
Jul 28Devon Energy: Averaging Down The Earnings With The Grayson Mill Acquisition
Jul 11Devon Energy: Plenty Of Reasons To Remain Bullish
Jul 03Devon's Undervaluation Remains A Boon As Management Executes Brilliantly - Reiterate Buy
Jun 17The Market Doesn't Like What It Sees From Devon Energy Corporation's (NYSE:DVN) Earnings Yet
Jun 07Estimating The Intrinsic Value Of Devon Energy Corporation (NYSE:DVN)
May 23Devon Energy Believes It Offers 'Incredible Value' - I Agree
May 15Some Analysts Just Cut Their Devon Energy Corporation (NYSE:DVN) Estimates
May 03Devon Energy: The Turnaround Is Just Getting Started
Apr 12Devon Energy: Likely Fairly Valued (Rating Downgrade)
Apr 04Devon Energy: Cash Cow Investors Should Look At This
Mar 25Value Vs. Growth: Why Devon Energy Is The Smarter Investment
Mar 08Devon Energy Changes The Playbook For The Better
Mar 01Devon Energy: Accumulating The Dip
Feb 04These 4 Measures Indicate That Devon Energy (NYSE:DVN) Is Using Debt Extensively
Feb 01Devon Energy Vs. Diamondback Energy: A Battle Of The Permian
Jan 22Calculating The Fair Value Of Devon Energy Corporation (NYSE:DVN)
Jan 14Devon Energy: A Strong E&P Play With Attractive Capital Returns
Jan 06Devon Energy: Shares Fall To Key Support As Oil Bounces Into Mid-$70s
Dec 25Devon Energy: Learn To Love The Variable Dividend
Dec 18After Years Of Strong Upside, Devon Energy Deserves More
Nov 24Devon Energy: Why You Shouldn't Catch This Falling Knife Again (Rating Downgrade)
Nov 17Devon Energy: Love Is In The Air
Oct 18Here's Why Devon Energy (NYSE:DVN) Can Manage Its Debt Responsibly
Oct 18Devon Energy: The Bullish Thesis Could Be Broken - Here's Why I Turned Cautious (Rating Downgrade)
Oct 06Calculating The Intrinsic Value Of Devon Energy Corporation (NYSE:DVN)
Sep 29Devon Energy's (NYSE:DVN) Dividend Will Be Reduced To $0.49
Sep 08Devon Energy: The Path To A 10% Yield And 100% Total Return
Sep 05Devon Energy (NYSE:DVN) Has Announced That Its Dividend Will Be Reduced To $0.49
Aug 25How Devon Energy Positioned Itself For Growth
Aug 17Devon Energy (NYSE:DVN) Has Announced That Its Dividend Will Be Reduced To $0.49
Aug 08Devon Energy Q2: Market Capitulation Presents The Doubling Down Opportunity
Aug 03Does Devon Energy (NYSE:DVN) Deserve A Spot On Your Watchlist?
Jul 30Devon Energy: I Expect A Brief Buying Opportunity Post Earnings
Jul 27Peak Shale: Why I Believe That Devon Energy Could Double
Jul 14We Think Devon Energy (NYSE:DVN) Can Stay On Top Of Its Debt
Jul 12Devon Energy: A Definite Buy Below Management Share Repurchase Prices
Jun 11Estimating The Intrinsic Value Of Devon Energy Corporation (NYSE:DVN)
Jun 01Devon Energy's Weakness Makes It A Valuable Investment
May 28Devon Energy's (NYSE:DVN) Dividend Is Being Reduced To $0.72
May 17Devon Energy Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 10We Think Devon Energy (NYSE:DVN) Can Stay On Top Of Its Debt
Mar 31Devon Energy: Time To Add Exposure On Weakness
Feb 22If EPS Growth Is Important To You, Devon Energy (NYSE:DVN) Presents An Opportunity
Feb 21Devon Energy Non-GAAP EPS of $1.66 misses by $0.09, revenue of $4.3B beats by $10M
Feb 14Devon Energy: Risks To The Dividend, But This Is Still Attractive
Feb 06Shareholder Returns
| DVN | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -1.3% | -0.3% | 3.1% |
| 1Y | -11.5% | 3.4% | 25.4% |
Return vs Industry: DVN underperformed the US Oil and Gas industry which returned 3.4% over the past year.
Return vs Market: DVN underperformed the US Market which returned 25.4% over the past year.
Price Volatility
| DVN volatility | |
|---|---|
| DVN Average Weekly Movement | 4.1% |
| Oil and Gas Industry Average Movement | 5.1% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 15.0% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: DVN has not had significant price volatility in the past 3 months.
Volatility Over Time: DVN's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1971 | 1,900 | Rick Muncrief | www.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
| DVN fundamental statistics | |
|---|---|
| Market cap | US$28.30b |
| Earnings (TTM) | US$3.51b |
| Revenue (TTM) | US$14.75b |
7.9x
P/E Ratio1.9x
P/S RatioIs DVN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DVN income statement (TTM) | |
|---|---|
| Revenue | US$14.75b |
| Cost of Revenue | US$6.74b |
| Gross Profit | US$8.01b |
| Other Expenses | US$4.50b |
| Earnings | US$3.51b |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 5.61 |
| Gross Margin | 54.30% |
| Net Profit Margin | 23.82% |
| Debt/Equity Ratio | 48.2% |
How did DVN perform over the long term?
See historical performance and comparisonDividends
4.6%
Current Dividend Yield37%
Payout RatioDoes DVN pay a reliable dividends?
See DVN dividend history and benchmarks| Devon Energy dividend dates | |
|---|---|
| Ex Dividend Date | Sep 13 2024 |
| Dividend Pay Date | Sep 30 2024 |
| Days until Ex dividend | 22 days |
| Days until Dividend pay date | 39 days |
Does DVN pay a reliable dividends?
See DVN dividend history and benchmarks