Loading…
DVN
Devon Energy Corp
NYSE· Energy· Oil & Gas E&P· CUSIP 25179M103
$49.18-1.38%Price as of Oct 23, 00:42 UTC · updated once a day, after the close
At a glance
Devon Energy Corp (DVN) is listed on NYSE and classified in Oil & Gas E&P, part of the Energy sector. It is headquartered in Houston, United States and has 2,200 employees. The company is worth $54.1B and trades at 10.7x its earnings of the last twelve months; the median for its sector is 14.7x. Revenue was $17.19B in fiscal 2025, up 7.8% from the year before. Net income was $2.64B. The share price is 6.7% below its 52-week high of $52.71. It pays a dividend yielding 2.60%. 7 of the 38 superinvestors we track held it at the end of Q3 2026. The largest position belongs to John Armitage (Egerton Capital), at $498.59M. In that quarter, 6 of them opened or added to the position and 1 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Key metrics
- Market cap
- $54.1B
- P/E
- 10.7x
- Forward P/E
- 9.1x
- P/B
- 1.4x
- Dividend yield
- 2.60%
- Payout
- 27.89%
- EPS
- $4.59
- ROE
- 11.52%
- Profit margin
- 17.46%
- Revenue growth
- +64.20%
- Beta
- 0.54
- 52-week high
- $52.71
- 52-week low
- $31.65
History
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Investors holding this
Major managers that reported this stock in their latest 13F.
Price over time
▲ +20.6% over 5Y.
today you would have $1,603.63▲ +60.4%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
Indicators, year by year
The last 4 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Year-end price | $36.63 | $32.73 | $45.30 | $61.51 | |
| P/E | 7.5x | 8.8x | 7.2x | 7.8x | 6.7x |
| P/S | 1.6x | 1.3x | 1.3x | 1.9x | 2.1x |
| P/B | 1.9x | 1.5x | 1.5x | 2.4x | 3.6x |
| EPS | $4.17 | $4.56 | $5.84 |
Fair price, seven ways
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Earnings
$61.23
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings
$11.95
Earnings growing 0.0% a year plus a 2.6% dividend yield. Growth capped at 25%.
Earnings
$67.66
Median P/E of 14.7 among peers in the sector.
Earnings
$34.29
Median P/E of 7.5 across this company’s own years on record.
Cash flow
$62.22
Cash flow growing 5.0% a year for 10 years, discounted at 10%, then 2.5% forever.
Operating
$88.11
Sector median of 8.2x operating profit, less net debt. Banks have no EBITDA.
Dividends
$67.52
Dividend growing 5.5% a year against a 7.0% required return, from the stock’s beta.
Others in the same sector
Companies of similar size in Energy, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| BKRBaker Hughes Co | $53.62 | 17.2x | 2.7x | 1.72% | 16.46% | $53.23B |
| FANGDiamondback Energy, Inc. | $197.14 | 37.6x | 1.5x | 2.23% | 3.49% | $55.2B |
| MPLXMPLX LP | $58.18 | 12.6x | 4.2x | 7.41% | 33.69% | $58.99B |
| CVECenovus Energy Inc | $32.01 |
About the company
- 2,200
- Houston, United States
