DVN icon

Devon Energy

32.68 USD
-0.55
1.66%
At close Jul 7, 4:00 PM EDT
After hours
32.55
-0.13
0.40%
1 day
-1.66%
5 days
1.74%
1 month
0.09%
3 months
14.23%
6 months
-5.79%
Year to date
-2.16%
1 year
-29.75%
5 years
215.75%
10 years
-42.99%
 

About: Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two thirds of its production comes from the Permian Basin, it also holds a meaningful presence in the Anadarko, Eagle Ford, and Bakken basins. At the end of 2024, Devon reported net proved reserves of 2.2 billion barrels of oil equivalent. Net production averaged roughly 848,000 barrels of oil equivalent per day in 2024 at a ratio of 73% oil and natural gas liquids and 27% natural gas.

Employees: 2,300

0
Funds holding %
of 7,311 funds
0
Analysts bullish %
of 10 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

31% more first-time investments, than exits

New positions opened: 156 | Existing positions closed: 119

22% more repeat investments, than reductions

Existing positions increased: 450 | Existing positions reduced: 370

11% more capital invested

Capital invested by funds: $16.3B [Q4 2024] → $18.2B (+$1.85B) [Q1 2025]

1% more funds holding

Funds holding: 1,118 [Q4 2024] → 1,129 (+11) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 14 [Q4 2024] → 14 (+0) [Q1 2025]

1.06% less ownership

Funds ownership: 76.05% [Q4 2024] → 74.99% (-1.06%) [Q1 2025]

35% less call options, than puts

Call options by funds: $717M | Put options by funds: $1.1B

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$35
7%
upside
Avg. target
$42
29%
upside
High target
$53
62%
upside

10 analyst ratings

positive
80%
neutral
20%
negative
0%
Wells Fargo
Roger Read
25%upside
$41
Overweight
Maintained
16 Jun 2025
Morgan Stanley
Devin McDermott
35%upside
$44
Overweight
Maintained
23 May 2025
Goldman Sachs
Neil Mehta
32%upside
$43
Buy
Maintained
15 May 2025
Piper Sandler
Mark Lear
62%upside
$53
Overweight
Maintained
13 May 2025
Mizuho
Nitin Kumar
32%upside
$43
Outperform
Maintained
13 May 2025

Financial journalist opinion

Based on 21 articles about DVN published over the past 30 days

Positive
Zacks Investment Research
5 days ago
Devon Energy (DVN) Outperforms Broader Market: What You Need to Know
Devon Energy (DVN) closed at $33.41 in the latest trading session, marking a +2.33% move from the prior day.
Devon Energy (DVN) Outperforms Broader Market: What You Need to Know
Positive
Zacks Investment Research
5 days ago
Can Multi-Basin Assets Fuel Devon Energy's Long-Term Growth?
DVN's multi-basin strategy fuels resilient growth, capital flexibility and strong shareholder returns.
Can Multi-Basin Assets Fuel Devon Energy's Long-Term Growth?
Positive
Zacks Investment Research
1 week ago
Here is What to Know Beyond Why Devon Energy Corporation (DVN) is a Trending Stock
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.
Here is What to Know Beyond Why Devon Energy Corporation (DVN) is a Trending Stock
Negative
The Motley Fool
1 week ago
Prediction: These 3 High-Yield Oil Companies Just Secretly Moved to Secure Their Dividends
It's no secret that the market has lost interest in oil stocks over the past year. Indeed, all three stocks covered here -- namely, Devon Energy (DVN -0.71%), Diamondback Energy (FANG -0.78%), and Vitesse Energy (VTS -1.66%) -- have declined over the last year.
Prediction: These 3 High-Yield Oil Companies Just Secretly Moved to Secure Their Dividends
Positive
Zacks Investment Research
1 week ago
Why Devon Energy (DVN) Outpaced the Stock Market Today
Devon Energy (DVN) closed at $32.48 in the latest trading session, marking a +1.09% move from the prior day.
Why Devon Energy (DVN) Outpaced the Stock Market Today
Neutral
GlobeNewsWire
1 week ago
Devon Energy Schedules Second-Quarter 2025 Earnings Release and Conference Call
OKLAHOMA CITY, June 25, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report second-quarter 2025 results on Tuesday, August 5, after the close of U.S. financial markets. The earnings release and presentation for the second-quarter 2025 results will be available on the company's website at www.devonenergy.com.
Devon Energy Schedules Second-Quarter 2025 Earnings Release and Conference Call
Neutral
Seeking Alpha
1 week ago
Devon Energy Corporation (DVN) Presents at J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference Transcript
Devon Energy Corporation (NYSE:DVN ) J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference June 24, 2025 10:20 AM ET Company Participants Clay Gaspar - President, CEO & Director Conference Call Participants Arun Jayaram - JPMorgan Chase & Co, Research Division Arun Jayaram Yes, we're going to keep things moving.
Devon Energy Corporation (DVN) Presents at J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference Transcript
Negative
Zacks Investment Research
1 week ago
Devon Energy (DVN) Stock Sinks As Market Gains: Here's Why
In the closing of the recent trading day, Devon Energy (DVN) stood at $32.35, denoting a -1.46% move from the preceding trading day.
Devon Energy (DVN) Stock Sinks As Market Gains: Here's Why
Positive
Finbold
1 week ago
ChatGPT picks 2 stocks to buy after Trump renews ‘drill, baby, drill,' rhetoric
President Donald Trump has revived his familiar “drill, baby, drill” rhetoric, urging the Energy Department to facilitate greater U.S. oil production.
ChatGPT picks 2 stocks to buy after Trump renews ‘drill, baby, drill,' rhetoric
Neutral
The Motley Fool
1 week ago
Oil Prices Are Spiking. 3 Top Oil Stocks to Buy to Cash in on Higher Crude Prices.
Oil prices took a plunge earlier this year. WTI, the primary U.S. oil price benchmark, fell from its peak at above $80 a barrel to a low point of around $60 a barrel due to concerns that President Donald Trump's tariff plan would slow the economy and sap oil demand.
Oil Prices Are Spiking. 3 Top Oil Stocks to Buy to Cash in on Higher Crude Prices.
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