
DVN
Devon Energy Corp
- Overview
- Forecast
- Valuation
- Earnings

Line
|

Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
34.1636
Open
33.940
VWAP
--
Vol
6.44M
Mkt Cap
21.68B
Low
33.505
Amount
--
EV/EBITDA(TTM)
3.86
Total Shares
632.00M
EV
29.90B
EV/OCF(TTM)
4.39
P/S(TTM)
1.30
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.
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Market Estimates
Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2025Q4
FY2025Q3
FY2025Q2
4.14B
-5.97%
0.996
-14.17%
4.09B
+1.74%
0.993
-9.7%
4.02B
+2.6%
0.864
-38.74%
Estimates Revision
The market is revising Downward the revenue expectations for Devon Energy Corporation (DVN) for FY2025, with the revenue forecasts being adjusted by -0.02% over the past three months. During the same period, the stock price has changed by 11.02%.
Revenue Estimates for FY2025
Revise Downward

-0.02%
In Past 3 Month
EPS Estimates for FY2025
Revise Downward

-7.31%
In Past 3 Month
Stock Price
Go Up

+11.02%
In Past 3 Month
17 Analyst Rating

25.44% Upside
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 is 42.35 USD with a low forecast of 34.00 USD and a high forecast of 58.00 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.
11 Buy
6 Hold
0 Sell
Moderate Buy

25.44% Upside
Current: 33.760

Low
34.00
Averages
42.35
High
58.00

25.44% Upside
Current: 33.760

Low
34.00
Averages
42.35
High
58.00
Raymond James
Outperform
maintain
$40 -> $45
2025-07-22
Reason
Raymond James
Price Target
$40 -> $45
2025-07-22
maintain
Outperform
Reason
Raymond James raised the firm's price target on Devon Energy to $45 from $40 and keeps an Outperform rating on the shares. While plenty of macro uncertainty remains, the oil price has for the time being recovered, and Raymond James sees minimal activity changes from management teams as a result, the analyst tells investors in a research note.
Piper Sandler
Overweight
maintain
$53 -> $58
2025-07-17
Reason
Piper Sandler
Price Target
$53 -> $58
2025-07-17
maintain
Overweight
Reason
Piper Sandler raised the firm's price target on Devon Energy to $58 from $53 and keeps an Overweight rating on the shares. The firm says the E&P investing environment remains challenging coming out of Q2, marked by a volatile oil price environment with increased geopolitical risk offset by higher OPEC+ supplies, while strong secular gas-demand trends have been offset by stubbornly high supplies and strong inventory builds. The long-term gas demand story, driven by power generation and data center buildout, got a shot in the arm earlier this week on the back of the PA Power and Innovation Summit, with $90B of announcement investment in power and data center buildout, Piper says. The firm prefers more defensive positioning in oil.
Morgan Stanley
NULL -> Overweight
maintain
$44 -> $46
2025-07-15
Reason
Morgan Stanley
Price Target
$44 -> $46
2025-07-15
maintain
NULL -> Overweight
Reason
Morgan Stanley raised the firm's price target on Devon Energy to $46 from $44 and keeps an Overweight rating on the shares.
UBS
Josh Silverstein
Neutral
maintain
$35 -> $37
2025-07-11
Reason
UBS
Josh Silverstein
Price Target
$35 -> $37
2025-07-11
maintain
Neutral
Reason
UBS analyst Josh Silverstein raised the firm's price target on Devon Energy to $37 from $35 and keeps a Neutral rating on the shares.
Scotiabank
maintain
$35 -> $40
2025-07-11
Reason
Scotiabank
Price Target
$35 -> $40
2025-07-11
maintain
Reason
Scotiabank raised the firm's price target on Devon Energy to $40 from $35 and keeps an Outperform rating on the shares. The firm is updating its price targets of U.S. Integrated Oil, Refining, and Large Cap E&P stocks under its coverage, the analyst tells investors.
RBC Capital
Sector Perform
downgrade
$40 -> $38
2025-07-10
Reason
RBC Capital
Price Target
$40 -> $38
2025-07-10
downgrade
Sector Perform
Reason
RBC Capital lowered the firm's price target on Devon Energy to $38 from $40 and keeps a Sector Perform rating on the shares ahead of its Q2 results. The firm expects production above midpoint guidance but also notes that the company's free cash flow is impacted by tax impacts on the midstream sale, the analyst tells investors in a research note. RBC adds that the Permian well productivity is consistent with expected outcomes for the planned zone targets.
See All Ratings
Valuation Metrics
The current forward P/E ratio for Devon Energy Corp (DVN.N) is 8.95, compared to its 5-year average forward P/E of -40.61. 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.

N/A
5Y Average PE
-40.61
Current PE
8.95
Overvalued PE
221.41
Undervalued PE
-302.62
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.

Fair
5Y Average EV/EBITDA
4.27
Current EV/EBITDA
4.12
Overvalued EV/EBITDA
5.04
Undervalued EV/EBITDA
3.49
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.

Fair
5Y Average PS
1.82
Current PS
1.33
Overvalued PS
2.35
Undervalued PS
1.28
Financials
Annual
Quarterly
FY2025Q1
YoY :
+21.63%
4.55B
Total Revenue
FY2025Q1
YoY :
+13.64%
1.15B
Operating Profit
FY2025Q1
YoY :
-16.42%
509.00M
Net Income after Tax
FY2025Q1
YoY :
-18.09%
0.77
EPS - Diluted
FY2025Q1
YoY :
+19.62%
1,000M
Free Cash Flow
FY2025Q1
YoY :
-6.56%
28.35
Gross Profit Margin - %
FY2025Q1
YoY :
-122.40%
-4.12
FCF Margin - %
FY2025Q1
YoY :
-31.27%
11.19
Net Margin - %
FY2025Q1
YoY :
-25.80%
14.78
ROIC
Trading Trends
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds areSelling! The selling amount has increased 236.94% over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
1.3M
Volume
4
6-9
Months
385.1K
Volume
6
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
3
2.0M
Volume
Months
6-9
7
3.3M
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress areBuying! The buying amount has increased203.13%over the last month.
Sold
0-3
Months
32.5K
USD
1
3-6
Months
65.0K
USD
2
6-9
Months
750.0K
USD
2
0-12
Months
0.0
USD
0
Bought
0-3
3
48.5K
USD
Months
3-6
2
16.0K
USD
Months
6-9
4
81.0K
USD
Months
0-12
0
0.0
USD
Months
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
DVN News & Events
Events Timeline
2025-07-28 (ET)
2025-07-28
09:55:01
Early notable gainers among liquid option names on July 28th

2025-05-30 (ET)
2025-05-30
06:03:19
BP names former Devon Energy CEO David Hager as non-executive director

2025-05-06 (ET)
2025-05-06
19:21:37
I Squared, MLPX, Enbridge to acquire Matterhorn Express Pipeline interests

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News
4.5
07-28NASDAQ.COMS&P 500 and Nasdaq 100 Post Record Highs on Trade Deals
8.0
07-28NASDAQ.COMNotable Monday Option Activity: MRK, ANF, DVN
4.5
07-28BenzingaOil, Energy Stocks Rise, Dollar Rallies On US-EU Trade Deal: What's Moving Markets Monday?
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FAQ

What is Devon Energy Corp (DVN) stock price today?
The current price of DVN is 33.76 USD — it has decreased -1.34 % in the last trading day.

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

What is the price predicton of DVN Stock?

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

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

What changes have occurred in the market's expectations for Devon Energy Corp (DVN)'s fundamentals?

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