46.46 -0.04 -0.09%
After-market 04:43:55 PM EDT 7/12/2024 BTT
Plus500. 80% of retail CFD accounts lose money
46.50 +0.08 +0.16%
Official Close 03:59:59 PM EDT 7/12/2024 BTT

On Thursday 07/11/2024 the closing price of the Devon Energy Corp. share was $46.50 on BTT. Compared to the opening price on Thursday 07/11/2024 on BTT of $46.61, this is a drop of 0.24%. Devon Energy Corp.'s market capitalization is $29.18 B by 627.57 M shares outstanding.
Is Devon Energy stock a Buy, Sell or Hold? Devon Energy stock has received a consensus rating of buy. The average rating score is and is based on 58 buy ratings, 41 hold ratings, and 0 sell ratings.
What was the 52-week low for Devon Energy stock? The low in the last 52 weeks of Devon Energy stock was 40.48. According to the current price, Devon Energy is 114.77% away from the 52-week low.
What was the 52-week high for Devon Energy stock? The high in the last 52 weeks of Devon Energy stock was 55.09. According to the current price, Devon Energy is 84.33% away from the 52-week high.
What are analysts forecasts for Devon Energy stock? The 99 analysts offering price forecasts for Devon Energy have a median target of 64.64, with a high estimate of 96.00 and a low estimate of 48.00. The median estimate represents a 71.88 difference from the last price of 46.46.

Devon Energy Stock Snapshot

46.48
Bid
400.00
Bid Size
46.50
Ask
1,255.00
Ask Size
7/12/2024
Date
4:43 PM
Time
185,199.00
Volume
46.50
Prev. Close
46.61
Open
627.57 M
Number of Shares
46.23
Day Low
46.87
Day High
46.46
40.48
52 Week Low
55.09
52 Week High
46.46
2.42
Dividend in USD
5.34
Dividend Yield
7.76
P/E Ratio
99.25
Free Float in %
5.86
EPS in USD
18.97
Book Value per Share in USD
10.24
Cash Flow per Share in USD

Historical Prices for Devon Energy

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Date Open Close Daily High Daily Low
Price change over selected period: 0% 0

Devon Energy Analyst Data

Total Analysts: 99
Buy Ratings: 58 Neutral Ratings: 41 Sell Ratings: 0
Analyst: {{ANALYST_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price *Price Target
Lowest: 48.00 Median: 64.64 Highest: 96.00
*The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.

Devon Energy Analyst Opinions

Date Analyst Rating Price
07/09/24 Susquehanna Financial Group, LLLP
Maintained Buy $65
07/09/24 RBC Capital Markets
Maintained Hold $57
07/09/24 Morgan Stanley
Maintained Buy $54
07/08/24 J.P. Morgan
Maintained Buy $64
06/14/24 Bank of America Merrill Lynch
Maintained Buy $64
05/14/24 Piper Sandler
Maintained Buy $61
05/13/24 Mizuho
Maintained Buy $61
05/09/24 RBC Capital Markets
Maintained Hold $57
05/02/24 Mizuho
Maintained Buy $57
04/23/24 Stifel, Nicolaus & Co., Inc.
Maintained Buy $66
04/22/24 Susquehanna Financial Group, LLLP
Maintained Buy $65
04/19/24 Piper Sandler
Maintained Buy $60
04/15/24 Morgan Stanley
Maintained Buy $50
04/11/24 Citigroup Corp.
Maintained Buy $62
04/10/24 UBS
Maintained Hold $57
04/10/24 Barclays Capital
Maintained Hold $59
04/08/24 J.P. Morgan
Maintained Buy $62
04/01/24 Wells Fargo & Co
Upgraded to Buy $59
03/28/24 Morgan Stanley
Maintained Buy $49
03/22/24 Stifel, Nicolaus & Co., Inc.
Maintained Buy $65
03/18/24 Citigroup Corp.
Maintained Buy $55
03/07/24 RBC Capital Markets
Maintained Hold $55
01/24/24 Raymond James Financial, Inc.
Maintained Buy $52
01/24/24 Piper Sandler
Maintained Buy $59
01/23/24 Stifel, Nicolaus & Co., Inc.
Maintained Buy $75
01/11/24 Mizuho
Maintained Buy $53
12/19/23 Raymond James Financial, Inc.
Maintained Buy $53
12/14/23 UBS
Maintained Hold $48
12/11/23 Morgan Stanley
Upgraded to Buy $52
12/06/23 J.P. Morgan
Upgraded to Buy $58
11/29/23 Morgan Stanley
Maintained Hold $48
11/27/23 Stifel, Nicolaus & Co., Inc.
Maintained Buy $77
11/22/23 Wells Fargo & Co
Maintained Hold $48
11/16/23 Piper Sandler
Maintained Buy $61
11/15/23 RBC Capital Markets
Maintained Hold $55
11/14/23 UBS
Maintained Hold $52
10/20/23 Wells Fargo & Co
Maintained Hold $50
10/18/23 Susquehanna Financial Group, LLLP
Maintained Buy $62
10/17/23 Morgan Stanley
Maintained Hold $50
10/17/23 Bernstein
Downgraded to Hold
10/12/23 Mizuho
Maintained Buy $58
10/10/23 UBS
Maintained Hold $54
10/02/23 Morgan Stanley
Maintained Hold $51
09/20/23 Citigroup Corp.
Maintained Buy $55
09/18/23 Mizuho
Maintained Buy $62
09/01/23 Wells Fargo & Co
Maintained Hold $51
08/25/23 Stifel, Nicolaus & Co., Inc.
Maintained Buy $79
08/17/23 UBS
Maintained Hold $55
08/16/23 Mizuho
Maintained Buy $60
08/14/23 Piper Sandler
Maintained Buy $65

Devon Energy Estimates* in USD

  2024 2025 2026 2027 2028
Revenue 15,375 15,860 16,060 16,022 16,011
Dividend 1.81 1.27 1.59 - -
Dividend Yield (in %) 3.90 % 2.73 % 3.43 % - -
EPS 5.28 5.97 5.90 5.31 5.79
P/E Ratio 8.80 7.78 7.88 8.75 8.03
EBIT 4,553 5,128 4,874 4,332 4,206
EBITDA 7,683 8,450 8,150 7,757 8,376
Net Profit 3,337 3,764 3,567 3,290 3,470
Net Profit Adjusted 3,340 3,772 3,590 3,290 3,470
Pre-Tax Profit 4,156 4,804 4,608 4,123 4,358
Net Profit (Adjusted) 4,140 4,728 4,608 4,123 4,358
EPS (Non-GAAP) ex. SOE 5.28 5.97 5.90 5.31 5.79
EPS (GAAP) 5.11 5.75 5.49 5.31 5.79
Gross Income 7,909 8,225 8,098 - -
Cash Flow from Investing -1,034 -2,457 -1,509 -1,421 -1,446
Cash Flow from Operations 6,829 7,348 7,410 7,264 7,589
Cash Flow from Financing -1,034 -2,457 -1,509 -1,421 -1,446
Cash Flow per Share 10.69 11.57 12.03 11.87 12.99
Free Cash Flow 3,290 3,529 - 3,062 3,663
Free Cash Flow per Share 4.83 6.03 6.65 - -
Book Value per Share 21.38 24.33 28.92 - -
Net Debt 6,444 5,565 4,521 853 -
Research & Development Exp. - - - - -
Capital Expenditure 3,524 3,766 3,945 4,025 4,071
Selling, General & Admin. Exp. 4,971 5,411 - - -
Shareholder’s Equity 13,628 15,516 16,108 16,402 17,241
Total Assets 27,716 29,003 30,068 31,333 32,861
  Previous Quarter
ending 06/30/24
Current Quarter
ending 09/30/24
Next Quarter
ending 12/31/24
Current Year
ending 12/31/24
Next Year
ending 12/31/25
Earnings Estimates
No. of Analysts 24 24 24 29 29
Average Estimate 1.275 USD 1.338 USD 1.447 USD 5.279 USD 5.969 USD
Year Ago 1.077 USD 1.429 USD 1.814 USD 5.864 USD -
Publish Date 8/6/2024 10/29/2024 2/18/2025 - -
Revenue Estimates
No. of Analysts 8 8 4 6 6
Average Estimate 3,914 USD 3,958 USD 3,944 USD 15,375 USD 15,860 USD
Year Ago 3,493 USD 4,041 USD 3,821 USD 15,140 USD -
Publish Date 8/6/2024 10/29/2024 2/18/2025 - -
* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet

Income Statements in Mio. USD

2023 2022 2021 2020 2019 2018 2017
Sales 15,140.00 19,827.00 13,750.00 4,673.00 6,335.00 10,127.00 13,793.00
Change of sales in % -23.64 44.20 194.24 -26.24 -37.44 -26.58 31.14
Gross profit on sales 5,200.00 8,973.00 5,209.00 70.00 771.00 1,645.00 1,941.00
Gross profit on sales change in % -42.05 72.26 7,341.43 -90.92 -53.13 -15.25 17.49
Operating income 4,792.00 8,578.00 4,818.00 -268.00 296.00 995.00 1,069.00
Operating income change in % -44.14 78.04 - - -70.25 -6.92 60.03
Income before tax 4,623.00 7,775.00 2,898.00 -3,090.00 -109.00 920.00 896.00
Income before tax change in % -40.54 168.29 - -2,734.86 - 2.68 -
Income after tax 3,747.00 5,958.00 2,783.00 -2,684.00 -357.00 3,055.00 888.00
Income after tax change in % -37.11 114.09 - -651.82 - 244.03 -

Balance Sheet in Mio. USD

2023 2022 2021 2020 2019 2018 2017
Total liabilities 12,803.00 12,425.00 11,626.00 6,893.00 7,797.00 10,380.00 16,137.00
Long-term liabilities per share 15.50 14.27 12.88 14.27 15.37 18.16 24.42
Equity 12,217.00 11,296.00 9,399.00 3,019.00 5,920.00 9,186.00 14,104.00
Equity change in % 8.01 20.57 221.04 -50.28 -36.84 -0.73 56.13
Balance sheet total 25,020.00 23,721.00 21,025.00 9,912.00 13,717.00 19,566.00 30,241.00
Balance sheet total change in % 5.48 12.82 112.12 -27.74 -29.89 -35.30 16.70

Key Data in USD

2023 2022 2021 2020 2019 2018 2017
Sales per share 23.58 30.36 20.68 12.40 15.80 20.38 26.37
P/E ratio (year end quote, basic EPS) 7.76 6.74 10.53 - - 3.67 24.35
P/E ratio (year end quote, diluted EPS) 7.76 6.74 10.53 - - 3.67 24.35
P/E ratio (year end quote) 7.76 6.74 10.53 - - 3.67 24.35
Dividend yield in % 5.34 8.23 6.06 3.98 1.39 1.42 0.58
Equity ratio in % 48.21 47.08 44.05 29.11 42.30 46.95 30.60
Debt ratio in % 51.17 52.38 55.30 69.54 56.84 53.05 53.36

Devon Energy Insider Activity

Name Date shares traded shares held Price type (sell/buy) option
BETHANCOURT JOHN E 06/30/2024 1,703.00 105,902.00 n/a Buy No
BAUMANN BARBARA M 06/04/2024 5,068.00 88,377.18 n/a Buy No
KINDICK KELT 06/04/2024 4,934.00 32,198.00 n/a Buy No
MOSBACHER ROBERT A JR 06/04/2024 4,934.00 83,474.00 n/a Buy No
BETHANCOURT JOHN E 06/04/2024 4,934.00 104,199.00 n/a Buy No
Fox Ann G 06/04/2024 4,934.00 36,388.00 n/a Buy No
Kelly Gennifer F. 06/04/2024 4,934.00 11,154.00 n/a Buy No
Kurz Karl F 06/04/2024 4,934.00 81,460.00 n/a Buy No
Williams Valerie 06/04/2024 4,934.00 39,179.00 n/a Buy No
MEARS MICHAEL N 06/04/2024 4,934.00 11,154.00 n/a Buy No
Cashion Tana K 05/06/2024 20,000.00 104,182.00 51.04 Sell No
Sherrer John Bennett 04/09/2024 399.00 8,462.00 54.51 Sell No
Gaspar Clay M 03/11/2024 186,289.00 407,094.00 n/a Sell No
Gaspar Clay M 03/11/2024 186,289.00 186,289.00 n/a Buy No
Muncrief Richard E 03/03/2024 15,000.00 1,973,006.00 44.42 Buy No
Muncrief Richard E 02/29/2024 41,049.00 1,958,006.00 44.39 Sell No
Muncrief Richard E 02/29/2024 42,582.00 1,999,055.00 41.53 Buy No
Ritenour Jeffrey L 02/11/2024 2,499.00 384,472.00 42.24 Sell No
Ritenour Jeffrey L 02/11/2024 47,753.00 401,377.00 42.24 Sell No
Ritenour Jeffrey L 02/11/2024 2,703.00 386,971.00 42.24 Sell No
Ritenour Jeffrey L 02/11/2024 6,115.00 395,262.00 42.24 Sell No
Ritenour Jeffrey L 02/11/2024 5,588.00 389,674.00 42.24 Sell No
Muncrief Richard E 02/11/2024 19,558.00 1,873,565.00 42.24 Sell No
Muncrief Richard E 02/11/2024 167,136.00 1,893,123.00 42.24 Sell No
Muncrief Richard E 02/11/2024 7,390.00 1,866,175.00 42.24 Sell No

Devon Energy Dividend Calendar

Date Name Dividend *yield Currency
2023 Devon Energy Corp. 2.42 5.34 USD
2022 Devon Energy Corp. 5.06 8.23 USD
2021 Devon Energy Corp. 2.67 6.06 USD
2020 Devon Energy Corp. 0.63 3.98 USD
2019 Devon Energy Corp. 0.36 1.39 USD
2018 Devon Energy Corp. 0.32 1.42 USD
2017 Devon Energy Corp. 0.24 0.58 USD
2016 Devon Energy Corp. 0.24 0.53 USD
2015 Devon Energy Corp. 0.96 3.00 USD
2014 Devon Energy Corp. 0.96 1.57 USD
2013 Devon Energy Corp. 0.88 1.42 USD
2012 Devon Energy Corp. 0.80 1.54 USD
2011 Devon Energy Corp. 0.71 1.15 USD
2010 Devon Energy Corp. 0.64 0.82 USD
2009 Devon Energy Corp. 0.64 0.87 USD
2008 Devon Energy Corp. 0.64 0.97 USD
2007 Devon Energy Corp. 0.56 0.63 USD
2006 Devon Energy Corp. 0.45 0.67 USD
2005 Devon Energy Corp. 0.30 0.48 USD
2004 Devon Energy Corp. 0.20 0.51 USD
2003 Devon Energy Corp. 0.10 0.35 USD
2002 Devon Energy Corp. 0.10 0.44 USD
2001 Devon Energy Corp. 0.10 0.52 USD
2000 Devon Energy Corp. 0.09 0.30 USD
1999 Devon Energy Corp. 0.07 0.43 USD
*Yield of the Respective Date

Devon Energy Corp. Calendar

Event Estimate Info Date
Earnings Report 1.275 USD Q2 2024 Earnings Release 08/06/2024
Earnings Report 1.338 USD Q3 2024 Earnings Release 10/29/2024
Earnings Report 1.447 USD Q4 2024 Earnings Release 02/18/2025
Earnings Report 1.437 USD Q1 2025 Earnings Release 05/06/2025
Earnings Report 1.457 USD Q2 2025 Earnings Release 08/12/2025

Devon Energy Corp. Past Events

Event Actual EPS Info Date
Annual General Meeting - Annual General Meeting 06/05/2024
Press Conference - - 05/02/2024
Press Conference - - 08/02/2023

Devon Energy Profile

Devon Energy Corp. engages in the exploration, development, and production of oil and natural gas properties. It develops and operates Delaware Basin, Eagle Ford, Heavy Oil, Barnett Shale, STACK, and Rockies Oil. The company was founded by J. Larry Nichols and John W. Nichols in 1971 and is headquartered in Oklahoma City, OK.

Moody’s Daily Credit Risk Score

Risk
  • Low
  • Medium
  • High
6
Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure.

Devon Energy Shareholder

Owner in %
Freefloat 99.25
The Vanguard Group, Inc. 11.69
Vanguard Group, Inc. (Subfiler) 11.65
SSgA Funds Management, Inc. 6.33
State Street Corp. 6.26
BlackRock Fund Advisors 3.92
Vanguard Total Stock Market ETF 3.21
SPDR Series - Energy Select Sector SPDR Fund 2.77
Vanguard 500 Index Fund 2.60
Geode Capital Management LLC 2.46
BlackRock Institutional Trust Co. NA 2.34
Vanguard Mid Cap Index Fund 2.20
GQG Partners LLC 1.69
Pacer Fds. Tr. - US Cash Cows 100 ETF 1.56
Victory Capital Management, Inc. (Investment Management) 1.52
Shareholder percentage totals can add to more than 100% because some holders are included in the free float.

Devon Energy Management

Name Job
John E. Bethancourt Chairman
J. Larry Nichols Chairman-Emeritus
David G. Harris Chief Corporate Development Officer & EVP
Jeffrey L. Ritenour Chief Financial Officer & Executive Vice President
Clay M. Gaspar Chief Operating Officer & Executive Vice President
Trey Lowe Chief Technology Officer & Vice President
Tana K. Cashion Executive VP-Human Resources & Administration
Dennis C. Cameron Executive Vice President & General Counsel
Ann G. Fox Independent Director
Barbara M. Baumann Independent Director
Gennifer F. Kelly Independent Director
John Krenicki Independent Director
Karl F. Kurz Independent Director
Michael N. Mears Independent Director
Robert A. Mosbacher Independent Director
Valerie M. Williams Independent Director
Kelt Kindick Lead Independent Director
Richard E. Muncrief President, Chief Executive Officer & Director
Christopher J. Kirt Secretary & Vice President-Corporate Governance
Kevin D. Lafferty Senior Vice President-Commercial
Garrett Jackson Vice President, EHS & Measurement
John Sherrer Vice President-Accounting & Controller
Bill Lambert Vice President-Business Development
Cathy Lebsack Vice President-Human Resources
Mandy Fuller Vice President-Internal Audit
Scott Coody Vice President-Investor Relations
Lindsey N. Miles Vice President-Land & Regulatory
Greg Horne Vice President-Marketing & Midstream
Jeff Wilson Vice President-Public & Government Affairs
Mike Dionisio Vice President-Supply Chain