DVN - Devon Energy Corporation

NYSE - NYSE Delayed Price. Currency in USD
46.78
+0.68 (+1.48%)
At close: 04:00PM EDT
47.35 +0.57 (+1.22%)
Pre-Market: 07:29AM EDT
  • Dividend

    DVN announced a cash dividend of 0.72 with an ex-date of Jun. 14, 2023

Stock chart is not supported by your current browser
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Bearishpattern detected
Momentum

Momentum

Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close46.10
Open46.31
Bid47.18 x 1000
Ask49.78 x 900
Day's Range45.98 - 47.73
52 Week Range44.03 - 79.40
Volume7,525,918
Avg. Volume9,049,880
Market Cap30.019B
Beta (5Y Monthly)2.36
PE Ratio (TTM)5.10
EPS (TTM)9.17
Earnings DateJul 31, 2023 - Aug 04, 2023
Forward Dividend & Yield4.51 (9.64%)
Ex-Dividend DateJun 14, 2023
1y Target Est63.34
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Undervalued
11% Est. Return

Subscribe to Yahoo Finance Plus to view Fair Value for DVN

Learn more
View details
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • Motley Fool

    Better Buy: Devon Energy vs. NextEra Energy Stock

    Falling crude oil and natural gas prices, rising interest rates, and broader fears of a slowdown have hit share prices, offering investors a great opportunity to park some money in promising stocks, especially ones that also pay big dividends. Devon Energy (NYSE: DVN) and NextEra Energy (NYSE: NEE) are top contenders, with both stocks losing ground in recent months. George Budwell (Devon Energy): Devon Energy is an Oklahoma-based energy company specializing in U.S. onshore drilling.

  • Motley Fool

    3 Oil Stocks You Can Buy Right Now Before They Surge Even Higher

    Oil prices cratered during the early days of the pandemic, taking oil stocks with them. Crude prices and oil stocks have cooled off over the past several months on macroeconomic concerns. Three that stand out are Devon Energy (NYSE: DVN), Occidental Petroleum (NYSE: OXY), and Marathon Oil (NYSE: MRO).

  • Motley Fool

    Oil Is Down: 3 Energy Stocks to Look at Now

    Oil prices have gone on a wild ride since Russia invaded Ukraine. Reuben Gregg Brewer (Enbridge): Oil prices are notoriously volatile and there's nothing that any oil producer can do about that or its impact on top- and bottom-line performance.

  • Zacks

    Devon Energy Corporation (DVN) Is a Trending Stock: Facts to Know Before Betting on It

    Zacks.com users have recently been watching Devon Energy (DVN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

  • InvestorPlace

    3 Undervalued Oil Stocks Poised for a Comeback

    Undervalued oil stocks are out there if you know where to look. After the pandemic contagion, when prices fell to zero, oil prices have had an epic comeback. Consequently, oil stocks posted solid gains in 2021 and 2022. By the end of 2022, the Energy Select Sector SPDR Fund, a broad oil sector ETF, had surged 238% from its lows in March 2020. However, oil stocks have given back some gains since the recent top. Now, this pullback presents several undervalued oil stocks to consider.InvestorPlace -

  • Zacks

    Company News for May 25, 2023

    Companies in The News Are: C, ANF, INTU, DVN

  • InvestorPlace

    3 Oil Stocks to Buy for a Sector Reversal

    The soft inflation report was a sigh of relief for many sectors, especially the energy industry. With high-interest rates, economic slowdown, and weakness across multiple sectors, oil prices have taken a hit. They have seen massive volatility over the past few months. With the onset of summer, I believe oil prices could be ready for steady growth and this means top oil stocks could see a sector reversal. Furthermore, as we inch closer to the end of rate hikes, we could see a slowdown in the econ

  • Bloomberg

    Intensity of Methane Emissions by US Oil and Gas Industry Declined: Report

    (Bloomberg) -- The intensity of methane emissions from oil and gas production fell 28% between 2019 and 2021 among the industry’s 100 biggest emitters. Greenhouse gas emissions intensity — which includes carbon dioxide, nitrous oxide and methane — dropped 30%, according to an analysis of public data published today by the nonprofits Clean Air Task Force and Ceres, and ERM Group Inc. Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksMcCarthy Says Debt Deal Remains E

  • Motley Fool

    If You Invested $10,000 in Devon Energy a Year Ago, This Is How Much You Would Have Today

    Devon Energy isn't a bad energy stock, but it does come with a bit more risk than its larger and more diversified peers.

  • Simply Wall St.

    Is Now The Time To Put Devon Energy (NYSE:DVN) On Your Watchlist?

    For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

  • Zacks

    Company News for May 22, 2023

    Companies in The News Are: MS, DVN, NFLX, FL

  • Motley Fool

    This Dividend Stock Offers an Ultra-High Yield of 9.1% -- and Wall Street Thinks It Can Soar 32% Higher

    This dividend stock offers an ultra-high yield of 9.1% -- and Wall Street thinks the stock can soar 32% higher. The average analysts' 12-month price target for Devon Energy (NYSE: DVN) reflects an upside potential of close to 32%. The stock has fallen around 20% so far in 2023 due to declining oil prices.

  • Motley Fool

    Oil Prices Are Primed to Rally -- It's Time to Buy the Dip

    Oil prices have gone on a roller-coaster ride this year. The firm recently released its May report, which noted that global oil demand is stronger than expected. With expectations for muted supply, oil prices could heat up this summer, which would be a boon for oil stocks.

  • Simply Wall St.

    Devon Energy (NYSE:DVN) Will Pay A Smaller Dividend Than Last Year

    Devon Energy Corporation's ( NYSE:DVN ) dividend is being reduced from last year's payment covering the same period to...

  • Motley Fool

    S&P 500 Bear Market: The Smartest Investors Are Buying These 3 Beaten-Down Stocks

    After a rough 2022, the S&P 500 is up 7% year to date. Enphase Energy (NASDAQ: ENPH), 3M (NYSE: MMM), and Devon Energy (NYSE: DVN) are among those beaten-down names, but there are reasons to be optimistic that their rebounds are coming. Weak guidance, supply chain issues, and adverse regulatory impacts have combined to make Enphase one of the worst performers in the S&P 500 in 2023, with a year-to-date decline of about 40%.

  • Zacks

    Investors Heavily Search Devon Energy Corporation (DVN): Here is What You Need to Know

    Devon Energy (DVN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

  • Motley Fool

    Down 40%, Devon Energy Thinks Its Stock Is a Screaming Bargain

    The company's management team believes the sell-off has the stock trading at a very attractive price. Here's what the company is doing to take advantage of this opportunity. Devon Energy launched a unique capital return strategy in 2021.

  • Investing.com

    4 big stock buybacks: Airbnb's fresh $2.5B repurchase; Devon to buy back $3B

    Here is your Pro Recap of the biggest share-buyback announcements you may have missed last week: repurchases at Airbnb, Devon Energy , Valvoline, and Old Republic. Airbnb (NASDAQ:ABNB) announced a $2.5B stock buyback program, as InvestingPro reported in real time. Shares dropped more than 10% on Wednesday and closed the week with a 12% loss after the company reported its Q1 results.

  • Motley Fool

    The Days of Gushing Oil-Fueled Dividends Appear to Be Over

    In early 2021, Devon Energy (NYSE: DVN) launched the oil industry's first fixed-plus variable dividend framework. It paid a fixed base quarterly dividend that it routinely increased. In addition, Devon pays a variable dividend of up to 50% of its remaining excess cash flow.

  • Simply Wall St.

    Estimating The Intrinsic Value Of Devon Energy Corporation (NYSE:DVN)

    Key Insights Devon Energy's estimated fair value is US$51.66 based on 2 Stage Free Cash Flow to Equity Devon Energy's...

  • Motley Fool

    Is Devon Energy Stock a Buy?

    ExxonMobil (NYSE: XOM) has a 3.3% dividend yield today, which simply pales in comparison to Devon Energy's (NYSE: DVN) massive 9.1% yield. If all you did was look at dividend yield, you'd jump on Devon in a heartbeat. Devon Energy is an onshore U.S. oil and natural gas producer.

  • Motley Fool

    Devon Energy's Dividend Continues Declining. Is It Time to Sell?

    Devon Energy (NYSE: DVN) launched the oil industry's first fixed-plus variable dividend framework a few years ago. It has also made variable dividend payments that have varied considerably from quarter to quarter. Devon Energy recently declared its latest dividend based on its first-quarter results, which it will pay in the current quarter.

  • Thomson Reuters StreetEvents

    Q1 2023 Devon Energy Corp Earnings Call

    Q1 2023 Devon Energy Corp Earnings Call

  • Motley Fool

    Devon Energy (DVN) Q1 2023 Earnings Call Transcript

    Also joining me on the call today are Rick Muncrief, our president and CEO; Clay Gaspar, our chief operating officer; Jeff Ritenour, our chief financial officer; and a few other members of our senior management team. Thank you, Scott.

  • Zacks

    Devon Energy (DVN) Q1 Earnings Top Estimates, Revenues Lag

    Devon Energy's (DVN) first-quarter 2023 earnings outpace estimates, while revenues miss the same.