Devon Energy/DVN

$51.67

-0.91%
-
1D1W1MYTD1YMAX

About Devon Energy

Devon Energy Corporation is an oil and gas producer in the United States with a multi-basin portfolio. The Company is primarily engaged in the exploration, development and production of oil, natural gas and natural gas liquids (NGLs). Its oil and gas properties include Delaware Basin, Eagle Ford, Anadarko Basin, Williston Basin and Powder River 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. The Eagle Ford operations are located in Texas' DeWitt and Karnes counties. The Anadarko Basin has around four-operated rig program associated with a joint venture. Its position in the Williston is located entirely on the Fort Berthold Indian Reservation in North Dakota. The Powder River Basin is focused on emerging oil opportunities in Wyoming's Powder River Basin.

Ticker

DVN

Sector

Energy

Trading on

NYSE

Industry

Oil & Gas Operations

CEO

Richard Muncrief

Employees

1,900

Headquarters

Oklahoma city, United States

Devon Energy Metrics

BasicAdvanced
$33.13B
Market cap
8.91
P/E ratio
$5.86
EPS
2.19
Beta
$2.87
Dividend rate
6.34%
Dividend yield
$33.13B
2.19074
$55.46
$40.47
7.92M
$2.87
1.071
0.986
49.399
53.578
49.35%
73.215
15.73%
15.69%
32.26%
18.06%
8.911
2.172
2.75
2.93
44.837
5.61%
5.5%
6.34%
-20.4%
-35.83%
46.75%
89.76%

What the Analysts think about Devon Energy

Analyst Ratings

Majority rating from 30 analysts.
Buy

Price Targets

Average projection from 26 analysts.
9.48% upside
High $68.00
Low $47.00
$51.67
Current price
$56.57
Average price target

Devon Energy Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
27.79% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$4.15B
8.06%
Net income
$1.15B
26.59%
Profit margin
27.79%
17.16%

Devon Energy Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 0.34%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$1.46
$1.18
$1.65
$1.41
-
Expected
$1.38
$1.18
$1.57
$1.41
$1.10
Surprise
5.81%
0.42%
5.25%
0.34%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Devon Energy stock?

Devon Energy (DVN) has a market cap of $33.13B as of April 18, 2024.

What is the P/E ratio for Devon Energy stock?

The price to earnings (P/E) ratio for Devon Energy (DVN) stock is 8.91 as of April 18, 2024.

Does Devon Energy stock pay dividends?

Yes, the Devon Energy (DVN) stock pays dividends to shareholders. As of April 18, 2024, the dividend rate is $2.87 and the yield is 6.34%. Devon Energy has a payout ratio of 49.35% on a trailing twelve-month basis.

When is the next Devon Energy dividend payment date?

The next Devon Energy (DVN) dividend payment date is unconfirmed.

What is the beta indicator for Devon Energy?

Devon Energy (DVN) has a beta rating of 2.19. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Devon Energy stock price target?

The target price for Devon Energy (DVN) stock is $56.57, which is 9.19% above the current price of $51.81. This is an average based on projections from 26 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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