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DVN Overview

-
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
45.420
Open
44.030
VWAP
44.83
Vol
14.04M
Mkt Cap
28.12B
Low
43.720
Amount
629.45M
EV/EBITDA(TTM)
4.99
Total Shares
620.00M
EV
35.15B
EV/OCF(TTM)
5.24
P/S(TTM)
1.71
Devon Energy Corporation is an oil and gas producer in the United States with a diversified multi-basin portfolio headlined by an acreage position in the Delaware Basin. The Company is primarily engaged in the exploration, development and production of oil, natural gas and natural gas liquids (NGLs). It owns a portfolio of assets located in the Delaware Basin, Rockies, Eagle Ford and Anadarko Basin. The Delaware Basin operates in southeast New Mexico and across the state line into west Texas. It offers exploration and development opportunities from many geologic reservoirs and play types, including the oil-rich Wolfcamp, Bone Spring, Avalon and Delaware formations. Its Rockies development consists of its Williston Basin and Powder River Basin assets. The Eagle Ford operations are located in Texas' DeWitt and Karnes counties. The Anadarko Basin development is located in western Oklahoma. It has a joint venture with Dow to develop a portion of its Anadarko Basin acreage.
Show More

Events Timeline

(ET)
2026-02-17
16:30:00
Devon Energy Q4 Revenue Exceeds Expectations at $4.12B
select
2026-02-17
16:30:00
Company Expects 1% Production Decrease in Q1 2026
select

News

Fool
7.5
00:06 AMFool
Middle East Conflict Drives Energy Prices Up
  • Rising Energy Prices: The geopolitical conflict in the Middle East has caused significant volatility in energy markets, leading to rising oil and gas prices, which will materially benefit Devon Energy and Diamondback Energy, significantly increasing their revenues.
  • Strong Production Figures: In Q4 2025, Devon Energy's total oil equivalent production averaged 850 MBoe per day, while Diamondback Energy's was 969 MBoe per day, allowing both companies to sell at higher price points and enhance profitability.
  • Positive Market Reaction: As of now, Devon Energy's stock has risen approximately 19%, and Diamondback Energy's has increased by 18%, while the S&P 500 index has declined by about 1%, indicating strong market optimism towards these two companies.
  • Caution on Risks: Despite the positive outlook, both companies hedge their exposure to energy prices, which may limit short-term benefits; if earnings fail to meet expectations, investor enthusiasm could quickly wane, necessitating careful risk management.
NASDAQ.COM
9.5
00:04 AMNASDAQ.COM
Analysis of Devon Energy and Diamondback Energy Prospects
  • Production Performance: In Q4 2025, Devon Energy's total oil equivalent production averaged 850 MBoe per day, while Diamondback Energy's production reached 969 MBoe per day, indicating both companies' stable production capabilities in the U.S. that can capitalize on high oil prices for revenue growth.
  • Market Reaction: As of now, Devon Energy's stock has risen approximately 19% year-to-date, while Diamondback Energy's stock is up about 18%, contrasting with the S&P 500's decline of about 1%, reflecting market optimism but also hinting at potential risks.
  • Price Volatility Risks: Although higher energy prices benefit Devon and Diamondback, both companies' hedging strategies may limit short-term gains, and if earnings fall short of expectations, investor enthusiasm could quickly wane, leading to stock price fluctuations.
  • Global Market Uncertainty: U.S. energy prices may diverge from global prices (like Brent crude), as historical data shows significant discrepancies between WTI and Brent, necessitating investor caution to avoid being misled during periods of heightened market sentiment.
NASDAQ.COM
4.5
03-11NASDAQ.COM
US Stocks Decline Amid Multiple Pressures
  • Stable Inflation Data: The US February CPI rose 2.4% year-over-year, with core CPI at 2.5%, indicating persistent inflation pressures that remain above the Fed's 2% target, potentially influencing future monetary policy decisions.
  • Private Credit Market Constraints: JPMorgan Chase's restriction on lending to private credit funds hampers the $1.8 trillion private credit market amid investor exodus, which could exacerbate financial difficulties and impact overall market confidence.
  • Mixed Tech Stock Performance: While Oracle surged over 10% due to strong earnings, other tech stocks like Amazon and Microsoft declined, indicating uneven support for the tech sector and potentially affecting investor sentiment towards technology investments.
  • Oil Price Surge Impacting Markets: Oil prices rose by 4%, and despite the IEA's decision to release 400 million barrels from strategic reserves to address supply shortages, market reactions were muted, reflecting cautious investor sentiment regarding the oil market outlook.
Fool
4.5
03-11Fool
Middle East Conflict Triggers Oil Price Volatility
  • Oil Price Volatility: The geopolitical conflict in the Middle East has led to dramatic fluctuations in oil prices, and if prices stabilize around $100 per barrel, energy producers, particularly upstream companies like Devon Energy, are likely to see significant gains.
  • Sector Response Variance: The energy sector is divided into upstream, midstream, and downstream segments, with upstream benefiting from high oil prices, midstream being less affected due to fee-driven models, and downstream facing cost pressures from rising oil prices.
  • Devon Energy Performance: Devon Energy's stock price closely tracks oil price movements, and if prices continue to rise, its earnings are expected to improve significantly, indicating strong market confidence in its future performance.
  • Cautious Investment Advice: While high oil prices can yield short-term benefits, historical trends show that prices eventually decline, prompting investors to exercise caution in the volatile energy sector, particularly regarding investments in pure upstream producers like Devon Energy.
NASDAQ.COM
2.0
03-11NASDAQ.COM
Geopolitical Tensions Drive Oil Prices Higher
  • Market Impact of Oil Volatility: Geopolitical conflicts in the Middle East have led to dramatic fluctuations in oil prices, and if prices stabilize around $100 per barrel, energy producers like Devon Energy are likely to emerge as market winners, enhancing their profitability.
  • Sector Differentiation: The energy sector is divided into upstream, midstream, and downstream segments, with upstream benefiting from high oil prices, while midstream and downstream face pressures, particularly downstream chemical companies that encounter rising input costs.
  • Devon Energy's Strong Performance: Devon Energy's stock price closely tracks oil price swings, and if oil prices remain elevated, its earnings are expected to significantly improve, even as investor sentiment in other sectors remains cautious.
  • Cautious Investment Advice: While high oil prices offer short-term gains, historical volatility suggests that investors should tread carefully, especially considering ExxonMobil and Chevron's relative resilience during oil price declines.
NASDAQ.COM
4.5
03-10NASDAQ.COM
US Stocks Dip Slightly Amid 12% Oil Price Plunge
  • Market Performance: The S&P 500 index fell by 0.21%, the Dow Jones Industrial Average by 0.07%, and the Nasdaq 100 by 0.04%, reflecting market concerns over the Iran war and rising 10-year Treasury yields.
  • Oil Price Plunge: WTI crude oil prices dropped by 12% following President Trump's assertion that the Iran war is 'pretty much' over, which not only alleviates inflationary pressures on the US economy but may also influence the Fed's monetary policy direction.
  • Strong Home Sales: February existing home sales in the US rose by 1.7% month-over-month to 4.09 million, exceeding market expectations of 3.88 million, indicating resilience in the housing market that could support the stock market.
  • Tech Stock Performance: Despite the overall market decline, most of the Magnificent Seven tech stocks rose, with Nvidia and Meta Platforms gaining over 1%, reflecting continued investor confidence in tech stocks, although Microsoft underperformed.
Wall Street analysts forecast DVN stock price to rise
20 Analyst Rating
Wall Street analysts forecast DVN stock price to rise
18 Buy
2 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
41.00
Averages
45.53
High
55.00
Current: 0.000
sliders
Low
41.00
Averages
45.53
High
55.00
UBS
Buy
maintain
$50 -> $55
AI Analysis
2026-03-05
Reason
UBS
Price Target
$50 -> $55
AI Analysis
2026-03-05
maintain
Buy
Reason
UBS raised the firm's price target on Devon Energy to $55 from $50 and keeps a Buy rating on the shares. Energy is viewed as offering attractive risk/reward, with the higher price target reflecting a $10/bbl increase in 2026 oil price assumptions to $68 WTI and $72 Brent and a modest valuation multiple expansion due to geopolitical risk, the analyst tells investors in a research note. Markets appear to underprice prolonged Middle East conflict and potential Qatar gas supply disruptions, which could lift oil and natural gas prices and drive the strongest free cash flow upside for companies producing both oil and gas, the firm says.
Piper Sandler
Mark Lear
Overweight
maintain
$55 -> $59
2026-03-05
Reason
Piper Sandler
Mark Lear
Price Target
$55 -> $59
2026-03-05
maintain
Overweight
Reason
Piper Sandler analyst Mark Lear raised the firm's price target on Devon Energy to $59 from $55 and keeps an Overweight rating on the shares. The firm says the rotation trade got a shot in the arm this week as war with Iran put 20% of global oil, product and gas supply at risk. While war has overshadowed Q4 results and FY26 outlooks, Piper anticipates little change from U.S. operators in the wake of the conflict.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for DVN
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Valuation Metrics

The current forward P/E ratio for Devon Energy Corp (DVN.N) is 9.84, compared to its 5-year average forward P/E of 8.09. For a more detailed relative valuation and DCF analysis to assess Devon Energy Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
8.09
Current PE
9.84
Overvalued PE
9.38
Undervalued PE
6.81

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
4.42
Current EV/EBITDA
4.46
Overvalued EV/EBITDA
5.01
Undervalued EV/EBITDA
3.84

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.90
Current PS
1.69
Overvalued PS
2.33
Undervalued PS
1.48

Financials

AI Analysis
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Whales Holding DVN

P
Peconic Partners LLC
Holding
DVN
+20.84%
3M Return
E
EnCap Investments L.P.
Holding
DVN
+20.28%
3M Return
F
Fuller & Thaler Asset Management, Inc.
Holding
DVN
+14.22%
3M Return
P
Pacific Heights Asset Management, LLC
Holding
DVN
+13.38%
3M Return
A
Aventail Capital Group, LP
Holding
DVN
+12.85%
3M Return
P
Pacer Advisors, Inc.
Holding
DVN
+10.95%
3M Return

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Frequently Asked Questions

What is Devon Energy Corp (DVN) stock price today?

The current price of DVN is 45.36 USD — it has increased 3.8

What is Devon Energy Corp (DVN)'s business?

Devon Energy Corporation is an oil and gas producer in the United States with a diversified multi-basin portfolio headlined by an acreage position in the Delaware Basin. The Company is primarily engaged in the exploration, development and production of oil, natural gas and natural gas liquids (NGLs). It owns a portfolio of assets located in the Delaware Basin, Rockies, Eagle Ford and Anadarko Basin. The Delaware Basin operates in southeast New Mexico and across the state line into west Texas. It offers exploration and development opportunities from many geologic reservoirs and play types, including the oil-rich Wolfcamp, Bone Spring, Avalon and Delaware formations. Its Rockies development consists of its Williston Basin and Powder River Basin assets. The Eagle Ford operations are located in Texas' DeWitt and Karnes counties. The Anadarko Basin development is located in western Oklahoma. It has a joint venture with Dow to develop a portion of its Anadarko Basin acreage.

What is the price predicton of DVN Stock?

Wall Street analysts forecast DVN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DVN is45.53 USD with a low forecast of 41.00 USD and a high forecast of 55.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Devon Energy Corp (DVN)'s revenue for the last quarter?

Devon Energy Corp revenue for the last quarter amounts to 3.94B USD, decreased -12.26

What is Devon Energy Corp (DVN)'s earnings per share (EPS) for the last quarter?

Devon Energy Corp. EPS for the last quarter amounts to 0.90 USD, decreased -8.16

How many employees does Devon Energy Corp (DVN). have?

Devon Energy Corp (DVN) has 2200 emplpoyees as of March 12 2026.

What is Devon Energy Corp (DVN) market cap?

Today DVN has the market capitalization of 28.12B USD.