DVN - Devon Energy Corporation

NYSE - NYSE Delayed Price. Currency in USD
23.27
+0.73 (+3.24%)
At close: 4:01PM EDT
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Previous Close22.54
Open22.98
Bid22.99 x 900
Ask25.00 x 1800
Day's Range22.81 - 23.39
52 Week Range20.37 - 43.60
Volume5,082,604
Avg. Volume6,533,454
Market Cap9.406B
Beta (3Y Monthly)2.16
PE Ratio (TTM)2.72
EPS (TTM)8.56
Earnings DateNov 4, 2019 - Nov 8, 2019
Forward Dividend & Yield0.36 (1.55%)
Ex-Dividend Date2019-09-12
1y Target Est34.92
Trade prices are not sourced from all markets
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  • Thomson Reuters StreetEvents

    Edited Transcript of DVN earnings conference call or presentation 7-Aug-19 3:00pm GMT

    Q2 2019 Devon Energy Corp Earnings Call

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    Canadian Natural (CNQ) Q2 Earnings Meet, Revenues Miss Mark

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  • Devon Energy Corp (DVN) Q2 2019 Earnings Call Transcript
    Motley Fool

    Devon Energy Corp (DVN) Q2 2019 Earnings Call Transcript

    DVN earnings call for the period ending June 30, 2019.

  • Devon Energy Delivered Another Gusher in Q2
    Motley Fool

    Devon Energy Delivered Another Gusher in Q2

    The oil and gas producer easily overcame volatile commodity prices during the quarter.

  • Devon Energy (DVN) Beats Q2 Earnings Estimates, Revises View
    Zacks

    Devon Energy (DVN) Beats Q2 Earnings Estimates, Revises View

    Devon Energy (DVN) reports better-than-expected Q2 earnings. High efficiency in drilling and completion process allows it to lower planned capital expenditure for 2019.

  • Devon Energy (DVN) Tops Q2 Earnings Estimates
    Zacks

    Devon Energy (DVN) Tops Q2 Earnings Estimates

    Devon Energy (DVN) delivered earnings and revenue surprises of 19.44% and -13.31%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Devon Energy Reports Second-Quarter 2019 Results

    OKLAHOMA CITY, Aug. 06, 2019 -- Devon Energy Corp. (NYSE: DVN) today reported operational and financial results for the second quarter of 2019. The company’s earnings release,.

  • The Zacks Analyst Blog Highlights: DIS, CBS, KHC, TSN, DVN, PXD, ISRG, SUHJY and HTHIY
    Zacks

    The Zacks Analyst Blog Highlights: DIS, CBS, KHC, TSN, DVN, PXD, ISRG, SUHJY and HTHIY

    The Zacks Analyst Blog Highlights: DIS, CBS, KHC, TSN, DVN, PXD, ISRG, SUHJY and HTHIY

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  • Disney, CBS, Kraft Heinz, Tyson and Devon are part of Zacks Earnings Preview
    Zacks

    Disney, CBS, Kraft Heinz, Tyson and Devon are part of Zacks Earnings Preview

    Disney, CBS, Kraft Heinz, Tyson and Devon are part of Zacks Earnings Preview

  • Devon Energy (NYSE:DVN) Seems To Use Debt Quite Sensibly
    Simply Wall St.

    Devon Energy (NYSE:DVN) Seems To Use Debt Quite Sensibly

    David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

  • Devon Energy (DVN) Earnings Expected to Grow: Should You Buy?
    Zacks

    Devon Energy (DVN) Earnings Expected to Grow: Should You Buy?

    Devon Energy (DVN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Devon Energy (DVN) to Post Q2 Earning: Will it Disappoint?
    Zacks

    Devon Energy (DVN) to Post Q2 Earning: Will it Disappoint?

    Devon Energy's (DVN) Q2 earnings are expected to benefit from its ongoing transformation and cost-savings initiatives.

  • Barrons.com

    Devon Energy Stock Loses Ground as Goldman Sachs Says ‘Sell’

    Analyst Brian Singer called Devon’s sum-of-the-parts valuation “too rich” compared with its competitive positioning.

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    Permian Witnesses Oil Rig Count Decline in 10 of 13 Weeks

    The United States witnesses the lowest oil drilling rig count in the week through Jul 12 after February 2018.

  • Despite Moving Higher, Exxon Stock Still Underperforms
    InvestorPlace

    Despite Moving Higher, Exxon Stock Still Underperforms

    ExxonMobil (NYSE:XOM) stock has so far enjoyed a good 2019. Coming off the stock market selloff of last fall, Exxon stock has risen by about 15% since the first of the year.Source: Shutterstock However, the stock has remained on a long-term downtrend since oil prices peaked more than five years ago. Although oil trades much higher than its 2016 lows, sectors such as natural gas, refining, and chemicals continue to hold ExxonMobil down.Until more of its segments see better pricing, XOM stock will struggle to rally far beyond current levels.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Exxon Stock Keeps Moving SidewaysBy segments, I do not necessarily mean oil. Yes, XOM has experienced some disruption from Tropical Strom Barry in the Gulf of Mexico. The temporary shutdown in offshore drilling could have an impact on earnings and perhaps create a buying opportunity in the stock. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond However, that does not necessarily mean traders will want to take advantage. Admittedly, I liked Exxon when I covered it back in early January. It then traded at around $72 per share and had begun to recover from the stock slump that hit the market just before Christmas. Since that time, it has had ups and downs but now trades at $78 per share.Still, what concerns me most about XOM stock is the fact that it never recovered from the mid-decade slump in oil prices. In the spring of 2014, the XOM stock price had topped $100 per share. Granted, at that time, oil prices had often topped $100 per barrel. Since oil prices had fallen below $30 per barrel by 2016, one can understand the subsequent drop in ExxonMobil stock.However, oil prices have recovered to about $60 per barrel today. XOM stock remains at about the same high-$70s per share range where it traded in early 2016. In that same time, its closest peer, Chevron (NYSE:CVX) has risen by more than 50%. Chevron and Exxon StockXOM stock is clearly not a terrible investment. It remains a diversified business that can earn profits and increase dividends regardless of oil prices. The company generated just over $36 billion in free cash flow in 2018. Moreover, its 4.5% dividend yield and 36-year track record of payout hikes remain a testament to its stability.Furthermore, ExxonMobil leads the world in refining and polyethylene production. It also remains the leading natural gas producer in the country. With natural gas, Chevron lags much smaller players such as Chesapeake Energy (NYSE:CHK), Anadarko Petroleum (NYSE:APC), and Devon Energy (NYSE:DVN).However, except on dividend yield and production levels, it finds itself continuously outmatched by Chevron. Moreover, according to Barron's, ExxonMobil will have to spend 75% more to increase its oil-equivalent production. It also faces weak margins in refining and chemicals in addition to low natural gas prices.Furthermore, both Exxon stock and Chevron trade at about the same price-to-earnings (PE) ratio. ExxonMobil's PE ratio stands at about 17.9 compared with 17.3. Both will see shrinking profits this year.However, analysts forecast a 21.3% decline for XOM. They predict a drop of 4.4% for Chevron. Chevron also looks poised for higher growth when earnings begin to increase for both companies. Although holders of XOM stock may earn more dividend income, Chevron stock will probably benefit more from its comparatively higher growth. Final Thoughts on Exxon StockDespite a surge in recent months, underperformance continues to define XOM stock. ExxonMobil has risen this year. However, the equity remains in a long-term downtrend.Although a storm in the Gulf may have only temporary effects on drilling, XOM investors will probably have to worry about low price levels in segments such as natural gas and refining for a longer period. Moreover, its archrival Chevron continues to grow faster and outperform ExxonMobil on most financial metrics.At current levels, XOM can offer relative stability and a generous dividend payout, but little else.As of this writing, Will Healy is long CHK stock. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy for Less Than Book * 7 Marijuana Stocks With Critical Levels to Watch * The 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond The post Despite Moving Higher, Exxon Stock Still Underperforms appeared first on InvestorPlace.

  • What Are Analysts Expecting From Devon Energy Corporation (NYSE:DVN) Over The Next Year?
    Simply Wall St.

    What Are Analysts Expecting From Devon Energy Corporation (NYSE:DVN) Over The Next Year?

    Based on Devon Energy Corporation's (NYSE:DVN) earnings update in March 2019, it seems that analyst forecasts are...

  • Markit

    See what the IHS Markit Score report has to say about Devon Energy Corp.

    Devon Energy Corp NYSE:DVNView full report here! Summary * Perception of the company's creditworthiness is neutral but improving * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for DVN with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $4.82 billion over the last one-month into ETFs that hold DVN are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator with a strengthening bias over the past 1-month. DVN credit default swap spreads are decreasing, indicating some improvement in the market's perception of the company's credit worthiness. Additionally, they are within the middle of the range set over the last three years.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • US Oil Rig Tally Falls After 2 Straight Weeks of Increase
    Zacks

    US Oil Rig Tally Falls After 2 Straight Weeks of Increase

    The decline in count for oil drilling rigs in the United States reflects conservative capital spending by domestic explorers and producers.