Devon Energy

DVN

Market cap $23.2B

Devon Energy remains a Strong Buy, driven by efficient operations, robust free cash flow, debt reductions, and proactive management amid volatile markets. DVN delivered solid Q3 results, exceeding guidance on production and costs, while advancing optimization targets and maintaining strong shareholder returns. Macro factors like OPEC production, US rate cuts, and geopolitical risks will continue to affect oil prices, but DVN's resilience and capital discipline stand out.

Texas Pacific Land Corporation, LandBridge Company LLC, and WaterBridge Infrastructure LLC are poised to benefit from the next phase of U.S. shale, dubbed "shale 4.0." Innovative extraction technologies and increased water needs are driving demand for land, water disposal, and infrastructure, boosting pricing power for TPL and LB. Despite current market apathy due to low oil prices, the long-term outlook for asset-light land and water businesses in the Permian Basin remains highly bullish.

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.

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.

Devon Energy (DVN) is undervalued at 8x earnings, with strong shale assets and robust Q3 results highlighting efficient management and profitability. DVN stands out versus peers like Chevron and Exxon due to its low valuation, solid balance sheet, and significant shareholder returns via dividends and buybacks. AI data center energy demand could be a major upside catalyst, positioning DVN to benefit from rising natural gas prices and industry growth.

While the top- and bottom-line numbers for Devon Energy (DVN) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Devon Energy Corporation remains an ultra-bullish pick, delivering strong cash flows and capital returns despite slumping oil prices and multi-year stock lows. DVN beat Q3 '25 EPS estimates, improved capital efficiency by cutting $425M from its budget this year, and increased oil production guidance for 2025. Surging data center power demand is poised to boost natural gas prices, providing a long-term tailwind for DVN and other domestic energy producers.

Devon Energy Corporation ( DVN ) Q3 2025 Earnings Call November 6, 2025 11:00 AM EST Company Participants Christopher Carr Clay Gaspar - President, CEO & Director Jeffrey Ritenour - Executive VP & CFO Robert Lowe - Senior VP & CTO John Raines - Senior Vice President of E&P Asset Management Thomas Hellman - Senior Vice President of E&P Operations Conference Call Participants Neil Mehta - Goldman Sachs Group, Inc., Research Division Arun Jayaram - JPMorgan Chase & Co, Research Division Neal Dingmann - William Blair & Company L.L.C., Research Division Douglas George Blyth Leggate - Wolfe Research, LLC Scott Gruber - Citigroup Inc., Research Division Kevin MacCurdy - Pickering Energy Partners Insights Kaleinoheaokealaula Akamine - BofA Securities, Research Division Presentation Operator Welcome to Devon Energy's Third Quarter 2025 Conference Call.

DVN's third-quarter earnings and revenues beat estimates as robust output from the Delaware and Rockies regions fueled higher production volumes.

While the top- and bottom-line numbers for Devon Energy (DVN) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.