Devon Energy Key Executives
This section highlights Devon Energy's key executives, including their titles and compensation details.
Find Contacts at Devon Energy
(Showing 0 of )
Devon Energy Earnings
This section highlights Devon Energy's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Date:
May 06, 2025
Time:
After Market
Est. EPS:
$1.23
Status:
Unconfirmed
Last Earnings Results
Date:
February 18, 2025
EPS:
$1.16
Est. EPS:
$1.00
Revenue:
$4.40B
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-02-19 | N/A | N/A |
| Read Transcript | Q3 | 2024 | 2024-11-06 | N/A | N/A |
| Read Transcript | Q2 | 2024 | 2024-08-07 | N/A | N/A |
| Read Transcript | Q1 | 2024 | 2024-05-02 | N/A | N/A |
| Read Transcript | Q4 | 2023 | 2024-02-28 | N/A | N/A |
| Read Transcript | Q3 | 2023 | 2023-11-08 | N/A | N/A |
| Read Transcript | Q2 | 2023 | 2023-08-02 | N/A | N/A |
| Read Transcript | Q1 | 2023 | 2023-05-09 | N/A | N/A |
Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 5,134 gross wells. Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.
Energy
Oil & Gas Exploration & Production
$28.53
Stock Price
$18.52B
Market Cap
2.30K
Employees
Oklahoma City, OK
Location
Financial Statements
Access annual & quarterly financial statements for Devon Energy, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $15.94B | $15.14B | $19.17B | $12.21B | $4.83B |
| Cost of Revenue | $11.23B | $9.94B | $10.80B | $8.53B | $4.44B |
| Gross Profit | $4.71B | $5.20B | $8.37B | $3.68B | $392.00M |
| Gross Profit Ratio | 29.55% | 34.35% | 43.66% | 30.14% | 8.12% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $500.00M | $408.00M | $395.00M | $391.00M | $338.00M |
| Selling and Marketing Expenses | $- | $- | $5.75B | $4.22B | $1.98B |
| Selling General and Administrative Expenses | $500.00M | $408.00M | $395.00M | $391.00M | $338.00M |
| Other Expenses | $498.00M | $- | $29.00M | $42.00M | $167.00M |
| Operating Expenses | $998.00M | $5.37B | $424.00M | $433.00M | $505.00M |
| Cost and Expenses | $12.23B | $10.35B | $11.22B | $8.96B | $4.94B |
| Interest Income | $38.00M | $55.00M | $38.00M | $2.00M | $12.00M |
| Interest Expense | $401.00M | $363.00M | $370.00M | $388.00M | $259.00M |
| Depreciation and Amortization | $3.25B | $2.58B | $2.26B | $2.16B | $1.45B |
| EBITDA | $6.97B | $7.57B | $10.38B | $5.42B | $-1.36B |
| EBITDA Ratio | 43.71% | 49.99% | 54.16% | 44.41% | -28.09% |
| Operating Income | $3.71B | $2.34B | $8.07B | $3.31B | $-90.00M |
| Operating Income Ratio | 23.29% | 15.47% | 42.08% | 27.09% | -1.86% |
| Total Other Income Expenses Net | $- | $2.28B | $-145.00M | $-348.00M | $-547.00M |
| Income Before Tax | $3.71B | $4.62B | $7.78B | $2.90B | $-3.09B |
| Income Before Tax Ratio | 23.29% | 30.54% | 40.56% | 23.74% | -64.00% |
| Income Tax Expense | $770.00M | $841.00M | $1.74B | $65.00M | $-547.00M |
| Net Income | $2.89B | $3.75B | $6.01B | $2.81B | $-2.54B |
| Net Income Ratio | 18.14% | 24.75% | 31.38% | 23.05% | -52.67% |
| EPS | $4.57 | $5.86 | $9.15 | $4.20 | $-6.75 |
| EPS Diluted | $4.57 | $5.84 | $9.12 | $4.18 | $-6.75 |
| Weighted Average Shares Outstanding | 632.00M | 639.00M | 651.00M | 663.00M | 377.00M |
| Weighted Average Shares Outstanding Diluted | 623.00M | 642.00M | 653.00M | 665.00M | 377.00M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.40B | $3.74B | $3.84B | $3.74B | $3.82B | $3.84B | $3.45B | $3.82B | $4.30B | $5.43B | $5.63B | $3.81B | $4.27B | $3.47B | $2.42B | $1.76B | $1.28B | $1.07B | $394.00M | $2.09B |
| Cost of Revenue | $3.25B | $2.71B | $2.67B | $2.62B | $2.51B | $2.57B | $2.41B | $2.41B | $2.57B | $2.84B | $2.96B | $2.43B | $2.45B | $2.30B | $2.01B | $1.48B | $1.19B | $1.05B | $901.00M | $719.00M |
| Gross Profit | $1.15B | $1.03B | $1.17B | $1.13B | $1.31B | $1.27B | $1.05B | $1.41B | $1.73B | $2.59B | $2.67B | $1.38B | $1.82B | $1.17B | $403.00M | $283.00M | $90.00M | $19.00M | $-507.00M | $1.37B |
| Gross Profit Ratio | 26.10% | 27.57% | 30.55% | 30.10% | 34.42% | 33.06% | 30.28% | 36.88% | 40.20% | 47.70% | 47.44% | 36.23% | 42.71% | 33.70% | 16.67% | 16.06% | 7.03% | 1.78% | -128.68% | 65.55% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $155.00M | $117.00M | $114.00M | $114.00M | $111.00M | $99.00M | $92.00M | $106.00M | $122.00M | $95.00M | $84.00M | $94.00M | $95.00M | $95.00M | $94.00M | $107.00M | $82.00M | $75.00M | $79.00M | $102.00M |
| Selling and Marketing Expenses | $- | $1.13M | $1.10M | $1.11M | $3.20B | $1.15B | $1.04M | $- | $4.05B | $1.52M | $1.70B | $1.32M | $3.70B | $1.17M | $966.00K | $523.00M | $1.40B | $476.00K | $331.00K | $578.00M |
| Selling General and Administrative Expenses | $155.00M | $1.25M | $114.00M | $114.00M | $111.00M | $1.25B | $92.00M | $106.00M | $122.00M | $95.00M | $84.00M | $94.00M | $95.00M | $95.00M | $94.00M | $107.00M | $82.00M | $75.00M | $79.00M | $680.00M |
| Other Expenses | $51.00M | $- | $-5.00M | $-22.00M | $-2.00M | $-13.00M | $-10.00M | $- | $13.00M | $4.00M | $10.00M | $2.00M | $2.00M | $-2.00M | $14.00M | $29.00M | $-1.00M | $39.00M | $-13.00M | $48.00M |
| Operating Expenses | $206.00M | $117.00M | $114.00M | $114.00M | $111.00M | $1.25M | $102.00M | $1.41B | $135.00M | $99.00M | $94.00M | $96.00M | $100.00M | $98.00M | $97.00M | $110.00M | $86.00M | $114.00M | $91.00M | $792.00M |
| Cost and Expenses | $3.46B | $2.83B | $2.78B | $2.73B | $2.62B | $3.81B | $2.51B | $3.82B | $2.71B | $2.94B | $3.05B | $2.53B | $2.55B | $2.40B | $2.11B | $1.59B | $1.28B | $1.16B | $992.00M | $1.51B |
| Interest Income | $16.00M | $19.00M | $14.00M | $13.00M | $12.00M | $12.00M | $15.00M | $21.00M | $16.00M | $19.00M | $2.00M | $1.00M | $- | $1.00M | $- | $1.00M | $- | $- | $2.00M | $5.00M |
| Interest Expense | $128.00M | $98.00M | $88.00M | $87.00M | $87.00M | $93.00M | $96.00M | $93.00M | $93.00M | $92.00M | $93.00M | $92.00M | $92.00M | $93.00M | $98.00M | $105.00M | $70.00M | $66.00M | $65.00M | $65.00M |
| Depreciation and Amortization | $971.00M | $794.00M | $768.00M | $722.00M | $650.00M | $651.00M | $638.00M | $615.00M | $645.00M | $581.00M | $528.00M | $489.00M | $577.00M | $578.00M | $536.00M | $467.00M | $301.00M | $299.00M | $299.00M | $401.00M |
| EBITDA | $1.94B | $1.97B | $1.90B | $1.57B | $2.17B | $1.81B | $1.63B | $1.93B | $2.29B | $3.13B | $3.11B | $1.84B | $2.33B | $1.63B | $930.00M | $533.00M | $261.00M | $171.00M | $-310.00M | $-1.64B |
| EBITDA Ratio | 44.04% | 52.60% | 49.43% | 41.89% | 56.71% | 47.31% | 47.13% | 50.54% | 53.20% | 57.66% | 55.26% | 48.35% | 54.41% | 47.00% | 38.48% | 30.25% | 20.39% | 16.03% | -78.68% | -78.39% |
| Operating Income | $943.00M | $909.00M | $1.06B | $1.01B | $1.20B | $1.06B | $889.00K | $1.30B | $1.60B | $2.54B | $2.57B | $1.35B | $1.60B | $1.07B | $306.00M | $173.00M | $4.00M | $-95.00M | $-598.00M | $576.00M |
| Operating Income Ratio | 21.42% | 24.33% | 27.58% | 27.05% | 31.51% | 27.69% | 0.03% | 34.03% | 37.24% | 46.72% | 45.75% | 35.49% | 37.56% | 30.87% | 12.66% | 9.82% | 0.31% | -8.90% | -151.78% | 27.60% |
| Total Other Income Expenses Net | $-103.00M | $155.00M | $-96.00M | $-244.00M | $-90.00M | $-94.00M | $-47.00M | $-77.00M | $-33.00M | $-360.00M | $-800.00M | $-16.00M | $-35.00M | $-106.00M | $5.00M | $-198.00M | $-114.00M | $-192.90M | $-82.00M | $-2.68B |
| Income Before Tax | $840.00M | $1.06B | $1.04B | $768.00M | $1.43B | $1.07B | $897.00M | $1.22B | $1.55B | $2.46B | $2.50B | $1.26B | $1.66B | $964.00M | $304.00M | $-32.00M | $-110.00M | $-193.00M | $-680.00M | $-2.11B |
| Income Before Tax Ratio | 19.08% | 28.48% | 27.08% | 20.53% | 37.42% | 27.95% | 25.97% | 32.02% | 36.12% | 45.38% | 44.35% | 33.11% | 38.90% | 27.81% | 12.58% | -1.82% | -8.59% | -18.09% | -172.59% | -100.96% |
| Income Tax Expense | $187.00M | $239.00M | $185.00M | $159.00M | $269.00M | $152.00M | $199.00M | $221.00M | $349.00M | $565.00M | $557.00M | $267.00M | $150.00M | $120.00M | $43.00M | $-248.00M | $-37.00M | $-90.00M | $-3.00M | $-417.00M |
| Net Income | $639.00M | $812.00M | $844.00M | $596.00M | $1.15B | $910.00M | $690.00M | $995.00M | $1.20B | $1.89B | $1.93B | $989.00M | $1.51B | $838.00M | $256.00M | $213.00M | $-102.00M | $-92.00M | $-670.00M | $-1.82B |
| Net Income Ratio | 14.51% | 21.73% | 21.98% | 15.93% | 30.15% | 23.72% | 19.98% | 26.03% | 27.94% | 34.85% | 34.34% | 25.94% | 35.24% | 24.18% | 10.59% | 12.09% | -7.97% | -8.62% | -170.05% | -87.01% |
| EPS | $1.02 | $1.31 | $1.35 | $0.95 | $1.81 | $1.43 | $1.08 | $1.53 | $1.83 | $2.92 | $2.96 | $1.51 | $2.24 | $1.24 | $0.38 | $0.33 | $-0.27 | $-0.25 | $-1.78 | $-4.82 |
| EPS Diluted | $1.03 | $1.30 | $1.34 | $0.94 | $1.81 | $1.42 | $1.08 | $1.54 | $1.82 | $2.89 | $2.93 | $1.49 | $2.23 | $1.24 | $0.38 | $0.32 | $-0.27 | $-0.24 | $-1.78 | $-4.82 |
| Weighted Average Shares Outstanding | 627.00M | 622.00M | 626.00M | 629.00M | 635.00M | 637.00M | 638.00M | 651.00M | 653.00M | 649.00M | 652.00M | 656.00M | 671.00M | 677.00M | 677.00M | 654.00M | 383.00M | 368.97M | 377.00M | 376.84M |
| Weighted Average Shares Outstanding Diluted | 623.00M | 623.00M | 628.00M | 632.00M | 638.00M | 639.00M | 639.00M | 647.00M | 655.00M | 656.00M | 660.00M | 665.00M | 673.00M | 679.00M | 679.00M | 656.00M | 383.00M | 377.00M | 377.00M | 377.00M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $811.00M | $875.00M | $1.45B | $2.27B | $2.24B |
| Short Term Investments | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $811.00M | $875.00M | $1.45B | $2.27B | $2.24B |
| Net Receivables | $1.97B | $1.57B | $1.77B | $1.50B | $775.00M |
| Inventory | $294.00M | $249.00M | $201.00M | $114.00M | $- |
| Other Current Assets | $350.00M | $460.00M | $469.00M | $359.00M | $58.00M |
| Total Current Assets | $3.43B | $3.16B | $3.89B | $4.25B | $3.26B |
| Property Plant Equipment Net | $25.01B | $19.59B | $18.33B | $15.24B | $5.62B |
| Goodwill | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M |
| Intangible Assets | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M |
| Long Term Investments | $727.00M | $666.00M | $440.00M | $402.00M | $1.00M |
| Tax Assets | $- | $- | $1.46B | $287.00M | $-1.00M |
| Other Non-Current Assets | $571.00M | $319.00M | $-1.16B | $91.00M | $283.00M |
| Total Non-Current Assets | $27.06B | $21.33B | $19.83B | $16.78B | $6.65B |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $30.49B | $24.49B | $23.72B | $21.02B | $9.91B |
| Account Payables | $806.00M | $760.00M | $859.00M | $500.00M | $242.00M |
| Short Term Debt | $485.00M | $483.00M | $272.00M | $26.00M | $9.00M |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $1.46B | $-26.00M | $-9.00M |
| Other Current Liabilities | $2.02B | $1.71B | $1.97B | $2.56B | $1.19B |
| Total Current Liabilities | $3.31B | $2.95B | $3.10B | $3.09B | $1.44B |
| Long Term Debt | $8.72B | $5.97B | $6.45B | $6.73B | $4.54B |
| Deferred Revenue Non-Current | $- | $- | $- | $468.00M | $- |
| Deferred Tax Liabilities Non-Current | $2.15B | $1.84B | $1.46B | $287.00M | $- |
| Other Non-Current Liabilities | $1.61B | $1.52B | $1.41B | $1.52B | $909.00M |
| Total Non-Current Liabilities | $12.48B | $9.32B | $9.32B | $8.54B | $5.45B |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $15.79B | $12.27B | $12.43B | $11.63B | $6.89B |
| Preferred Stock | $- | $- | $- | $- | $- |
| Common Stock | $65.00M | $64.00M | $65.00M | $66.00M | $38.00M |
| Retained Earnings | $8.17B | $6.20B | $4.30B | $1.69B | $208.00M |
| Accumulated Other Comprehensive Income Loss | $-122.00M | $-124.00M | $-116.00M | $-132.00M | $-127.00M |
| Other Total Stockholders Equity | $6.39B | $5.93B | $6.92B | $7.64B | $2.77B |
| Total Stockholders Equity | $14.50B | $12.06B | $11.17B | $9.26B | $2.88B |
| Total Equity | $14.70B | $12.22B | $11.30B | $9.40B | $3.02B |
| Total Liabilities and Stockholders Equity | $30.49B | $24.49B | $23.72B | $21.02B | $9.91B |
| Minority Interest | $208.00M | $156.00M | $129.00M | $137.00M | $134.00M |
| Total Liabilities and Total Equity | $30.49B | $24.49B | $23.72B | $21.02B | $9.91B |
| Total Investments | $727.00M | $666.00M | $440.00M | $402.00M | $1.00M |
| Total Debt | $9.20B | $6.48B | $6.70B | $6.73B | $4.54B |
| Net Debt | $8.39B | $5.58B | $5.24B | $4.46B | $2.31B |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $811.00M | $676.00M | $1.17B | $1.15B | $875.00M | $761.00M | $488.00M | $761.00M | $1.45B | $1.31B | $3.46B | $2.62B | $2.27B | $2.32B | $1.54B | $1.88B | $2.24B | $1.71B | $1.47B | $1.53B |
| Short Term Investments | $- | $- | $- | $- | $- | $-670.33M | $-674.33M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $811.00M | $676.00M | $1.17B | $1.15B | $875.00M | $761.00M | $488.00M | $761.00M | $1.45B | $1.31B | $3.46B | $2.62B | $2.27B | $2.32B | $1.54B | $1.88B | $2.24B | $1.71B | $1.47B | $1.53B |
| Net Receivables | $1.97B | $1.78B | $1.59B | $1.67B | $1.57B | $1.85B | $1.52B | $1.61B | $1.77B | $2.06B | $2.35B | $2.00B | $1.50B | $1.60B | $1.23B | $1.25B | $775.00M | $493.00M | $515.00M | $594.00M |
| Inventory | $294.00M | $293.00M | $258.00M | $234.00M | $249.00M | $233.00M | $201.00M | $212.00M | $201.00M | $- | $- | $- | $114.00M | $- | $- | $- | $- | $918.00M | $943.00M | $936.00M |
| Other Current Assets | $350.00M | $484.00M | $343.00M | $345.00M | $460.00M | $365.00M | $397.00M | $601.00M | $469.00M | $638.00M | $546.00M | $346.00M | $359.00M | $309.00M | $312.00M | $334.00M | $58.00M | $1.28B | $1.39B | $1.93B |
| Total Current Assets | $3.43B | $3.23B | $3.36B | $3.40B | $3.16B | $3.21B | $2.60B | $3.19B | $3.89B | $4.01B | $6.35B | $4.97B | $4.25B | $4.23B | $3.08B | $3.47B | $3.26B | $3.48B | $3.38B | $4.05B |
| Property Plant Equipment Net | $25.01B | $25.27B | $20.08B | $19.86B | $19.59B | $19.29B | $19.03B | $18.73B | $18.33B | $18.02B | $15.35B | $15.30B | $15.24B | $15.32B | $15.44B | $15.53B | $5.62B | $5.78B | $5.92B | $6.02B |
| Goodwill | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M |
| Intangible Assets | $- | $- | $-752.25M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M |
| Long Term Investments | $727.00M | $718.00M | $704.00M | $713.00M | $666.00M | $671.00M | $675.00M | $469.00M | $440.00M | $431.00M | $423.00M | $416.00M | $402.00M | $388.00M | $398.00M | $402.00M | $12.00M | $- | $- | $- |
| Tax Assets | $- | $2.08M | $1.92M | $1.88M | $530.00M | $1.68M | $1.66M | $- | $- | $1.20M | $753.00K | $450.00K | $- | $- | $- | $- | $-12.00M | $- | $- | $- |
| Other Non-Current Assets | $571.00M | $290.92M | $262.08M | $252.12M | $319.00M | $311.32M | $291.34M | $275.00M | $307.00M | $337.80M | $317.25M | $332.55M | $378.00M | $367.00M | $397.00M | $306.00M | $283.00M | $314.00M | $309.00M | $319.00M |
| Total Non-Current Assets | $27.06B | $27.03B | $21.80B | $21.58B | $21.86B | $21.03B | $20.75B | $20.23B | $19.83B | $19.55B | $16.84B | $16.80B | $16.78B | $16.83B | $16.99B | $16.99B | $6.65B | $6.85B | $6.98B | $7.09B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $30.49B | $30.26B | $25.16B | $24.98B | $25.02B | $24.24B | $23.36B | $23.42B | $23.72B | $23.56B | $23.19B | $21.78B | $21.02B | $21.06B | $20.07B | $20.46B | $9.91B | $10.33B | $10.36B | $11.14B |
| Account Payables | $806.00M | $995.00M | $2.12B | $690.00M | $760.00M | $812.00M | $843.00M | $935.00M | $859.00M | $761.00M | $668.00M | $576.00M | $500.00M | $537.00M | $487.00M | $564.00M | $242.00M | $415.00M | $309.00M | $444.00M |
| Short Term Debt | $485.00M | $- | $569.00M | $555.00M | $516.00M | $517.00M | $268.00M | $247.00M | $272.00M | $280.00M | $26.00M | $23.00M | $-16.00M | $28.00M | $31.00M | $257.00M | $9.00M | $8.00M | $11.00M | $14.00M |
| Tax Payables | $- | $- | $- | $189.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $-82.00M | $189.00M | $- | $1.43B | $1.20B | $- | $1.46B | $1.20M | $753.00K | $-23.00M | $287.00M | $-28.00M | $-31.00M | $909.00M | $- | $- | $- | $- |
| Other Current Liabilities | $2.02B | $1.91B | $330.00M | $1.83B | $1.67B | $2.00B | $1.56B | $1.75B | $511.00M | $2.42B | $3.40B | $3.15B | $2.27B | $2.94B | $2.55B | $2.12B | $1.19B | $1.29B | $1.13B | $1.10B |
| Total Current Liabilities | $3.31B | $2.91B | $3.02B | $3.27B | $2.95B | $3.33B | $2.67B | $2.93B | $3.10B | $3.46B | $4.09B | $3.75B | $3.09B | $3.50B | $3.07B | $2.94B | $1.44B | $1.71B | $1.45B | $1.55B |
| Long Term Debt | $8.72B | $9.21B | $5.98B | $5.97B | $5.97B | $5.96B | $6.47B | $6.43B | $6.45B | $6.46B | $6.72B | $6.72B | $6.73B | $6.75B | $6.76B | $7.30B | $4.54B | $4.54B | $4.54B | $4.54B |
| Deferred Revenue Non-Current | $- | $- | $315.00M | $301.00M | $295.00M | $641.00M | $548.00M | $- | $- | $- | $- | $- | $468.00M | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $2.15B | $2.08B | $1.92B | $1.88B | $2.37B | $1.68B | $1.66B | $1.54B | $1.46B | $1.20B | $753.00M | $450.00M | $287.00M | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $1.61B | $1.58B | $1.52B | $1.52B | $1.52B | $1.49B | $1.41B | $1.41B | $1.41B | $1.44B | $1.40B | $1.42B | $1.52B | $1.74B | $1.70B | $1.72B | $909.00M | $927.00M | $1.01B | $1.01B |
| Total Non-Current Liabilities | $12.48B | $12.88B | $9.42B | $9.37B | $9.85B | $9.13B | $9.54B | $9.39B | $9.32B | $9.09B | $8.87B | $8.59B | $8.54B | $8.49B | $8.46B | $9.03B | $5.45B | $5.47B | $5.55B | $5.55B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $15.79B | $15.79B | $12.43B | $12.64B | $12.80B | $12.46B | $12.21B | $12.32B | $12.43B | $12.55B | $12.97B | $12.34B | $11.63B | $12.00B | $11.53B | $11.97B | $6.89B | $7.18B | $7.00B | $7.10B |
| Preferred Stock | $- | $- | $- | $- | $- | $6.15B | $6.12B | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $65.00M | $66.00M | $63.00M | $63.00M | $64.00M | $64.00M | $64.00M | $64.00M | $65.00M | $65.00M | $66.00M | $66.00M | $66.00M | $68.00M | $68.00M | $67.00M | $38.00M | $38.00M | $38.00M | $38.00M |
| Retained Earnings | $8.17B | $7.67B | $7.13B | $6.51B | $6.20B | $5.54B | $4.94B | $4.71B | $4.30B | $3.98B | $3.11B | $2.01B | $1.69B | $750.00M | $243.00M | $218.00M | $208.00M | $351.00M | $586.00M | $1.30B |
| Accumulated Other Comprehensive Income Loss | $-122.00M | $-121.00M | $-122.00M | $-123.00M | $-124.00M | $-113.00M | $-114.00M | $-115.00M | $-116.00M | $-129.00M | $-130.00M | $-131.00M | $-132.00M | $-100.00M | $-101.00M | $-104.00M | $-127.00M | $-116.00M | $-117.00M | $-118.00M |
| Other Total Stockholders Equity | $6.39B | $6.66B | $5.48B | $5.72B | $5.93B | $6.15B | $6.13B | $6.32B | $6.92B | $6.96B | $7.05B | $7.35B | $7.64B | $8.21B | $8.19B | $8.17B | $2.77B | $2.75B | $2.72B | $2.70B |
| Total Stockholders Equity | $14.50B | $14.28B | $12.55B | $12.17B | $12.06B | $11.64B | $11.02B | $10.98B | $11.17B | $10.87B | $10.09B | $9.30B | $9.26B | $8.92B | $8.40B | $8.35B | $2.88B | $3.02B | $3.23B | $3.92B |
| Total Equity | $14.70B | $14.48B | $12.73B | $12.34B | $12.22B | $11.78B | $11.15B | $11.10B | $11.30B | $11.01B | $10.23B | $9.44B | $9.40B | $9.06B | $8.54B | $8.49B | $3.02B | $3.15B | $3.35B | $4.04B |
| Total Liabilities and Stockholders Equity | $30.49B | $30.26B | $25.16B | $24.98B | $25.02B | $24.24B | $23.36B | $23.42B | $23.72B | $23.56B | $23.19B | $21.78B | $21.02B | $21.06B | $20.07B | $20.46B | $9.91B | $10.33B | $10.36B | $11.14B |
| Minority Interest | $208.00M | $201.00M | $178.00M | $174.00M | $156.00M | $140.00M | $129.00M | $126.00M | $129.00M | $134.00M | $136.00M | $135.00M | $137.00M | $137.00M | $136.00M | $133.00M | $134.00M | $125.00M | $126.00M | $121.00M |
| Total Liabilities and Total Equity | $30.49B | $30.26B | $25.16B | $24.98B | $25.02B | $24.24B | $23.36B | $23.42B | $23.72B | $23.56B | $23.19B | $21.78B | $21.02B | $21.06B | $20.07B | $20.46B | $9.91B | $10.33B | $10.36B | $11.14B |
| Total Investments | $727.00M | $718.00M | $704.00M | $713.00M | $666.00M | $671.00K | $675.00K | $469.00M | $440.00M | $431.00M | $423.00M | $416.00M | $402.00M | $388.00M | $398.00M | $402.00M | $12.00M | $- | $- | $- |
| Total Debt | $9.20B | $9.21B | $6.50B | $6.49B | $6.48B | $6.45B | $6.71B | $6.68B | $6.70B | $6.71B | $6.72B | $6.72B | $6.73B | $6.75B | $6.76B | $7.53B | $4.54B | $4.54B | $4.54B | $4.54B |
| Net Debt | $8.39B | $8.54B | $5.33B | $5.34B | $5.61B | $5.69B | $6.22B | $5.92B | $5.24B | $5.40B | $3.26B | $4.10B | $4.46B | $4.43B | $5.22B | $5.65B | $2.31B | $2.83B | $3.07B | $3.01B |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $2.94B | $3.75B | $6.04B | $2.83B | $-2.67B |
| Depreciation and Amortization | $3.25B | $2.58B | $2.22B | $3.56B | $3.88B |
| Deferred Income Tax | $311.00M | $376.00M | $1.18B | $49.00M | $-328.00M |
| Stock Based Compensation | $99.00M | $93.00M | $88.00M | $99.00M | $88.00M |
| Change in Working Capital | $-217.00M | $-144.00M | $-226.00M | $-116.00M | $-95.00M |
| Accounts Receivables | $- | $191.00M | $-142.00M | $-526.00M | $231.00M |
| Inventory | $- | $- | $-152.00M | $-539.00M | $-236.00M |
| Accounts Payables | $- | $- | $152.00M | $539.00M | $-38.00M |
| Other Working Capital | $-217.00M | $-335.00M | $-84.00M | $410.00M | $-52.00M |
| Other Non Cash Items | $210.00M | $-111.00M | $-771.00M | $-1.52B | $481.00M |
| Net Cash Provided by Operating Activities | $6.60B | $6.54B | $8.53B | $4.90B | $1.35B |
| Investments in Property Plant and Equipment | $-3.81B | $-3.95B | $-5.12B | $-2.01B | $-1.16B |
| Acquisitions Net | $147.00M | $- | $39.00M | $319.00M | $41.00M |
| Purchases of Investments | $-118.00M | $-53.00M | $-76.00M | $-25.00M | $- |
| Sales Maturities of Investments | $- | $- | $39.00M | $1.99B | $- |
| Other Investing Activities | $-3.55B | $58.00M | $2.00M | $-1.85B | $474.00M |
| Net Cash Used for Investing Activities | $-7.33B | $-3.94B | $-5.12B | $-1.57B | $-646.00M |
| Debt Repayment | $2.75B | $-242.00M | $- | $-1.24B | $- |
| Common Stock Issued | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-1.06B | $-979.00M | $-718.00M | $-589.00M | $-38.00M |
| Dividends Paid | $-937.00M | $-1.86B | $-3.38B | $-1.31B | $-257.00M |
| Other Financing Activities | $-47.00M | $-105.00M | $-116.00M | $-145.00M | $-11.00M |
| Net Cash Used Provided by Financing Activities | $706.00M | $-3.18B | $-4.21B | $-3.29B | $-306.00M |
| Effect of Forex Changes on Cash | $-3.00M | $3.00M | $-11.00M | $1.00M | $-9.00M |
| Net Change in Cash | $-29.00M | $-579.00M | $-817.00M | $34.00M | $393.00M |
| Cash at End of Period | $846.00M | $875.00M | $1.45B | $2.27B | $2.24B |
| Cash at Beginning of Period | $875.00M | $1.45B | $2.27B | $2.24B | $1.84B |
| Operating Cash Flow | $6.60B | $6.54B | $8.53B | $4.90B | $1.35B |
| Capital Expenditure | $-7.45B | $-3.95B | $-5.12B | $-2.01B | $-1.16B |
| Free Cash Flow | $-853.00M | $2.60B | $3.40B | $2.89B | $193.00M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $653.00M | $812.00M | $844.00M | $596.00M | $1.15B | $920.00M | $698.00M | $995.00M | $1.20B | $1.90B | $1.94B | $995.00M | $1.51B | $844.00M | $261.00M | $216.00M | $-98.00M | $-90.00M | $-668.00M | $-1.81B |
| Depreciation and Amortization | $- | $24.00M | $768.00M | $722.00M | $650.00M | $651.00K | $638.00K | $- | $1.70B | $581.00K | $528.00M | $489.00M | $2.16B | $578.00K | $536.00K | $467.00K | $301.00M | $299.00K | $299.00M | $401.00K |
| Deferred Income Tax | $68.00M | $164.00M | $39.00M | $40.00M | $164.00M | $13.00M | $119.00M | $80.00M | $265.00M | $445.00M | $305.00M | $164.00M | $149.00M | $119.00M | $24.00M | $-243.00M | $-17.00M | $466.70M | $321.00M | $-311.00M |
| Stock Based Compensation | $24.00M | $24.00M | $27.00M | $24.00M | $23.00M | $22.00M | $25.00M | $23.00M | $23.00M | $22.00M | $23.00M | $20.00M | $19.00M | $19.00M | $20.00M | $41.00M | $18.00M | $31.00M | $19.00M | $20.00M |
| Change in Working Capital | $-202.00M | $16.00M | $-201.00M | $170.00M | $45.00M | $-61.00M | $-140.00M | $12.00M | $-46.00M | $-235.00M | $198.00M | $-143.00M | $-74.00M | $68.00M | $17.00M | $-127.00M | $2.00M | $58.00M | $-99.00M | $-56.00M |
| Accounts Receivables | $-196.00M | $41.00M | $81.00M | $-96.00M | $277.00M | $-334.00M | $98.00M | $150.00M | $297.00M | $364.00M | $-346.00M | $-457.00M | $163.00M | $-374.00M | $-100.00M | $-63.00M | $-108.00M | $21.00M | $80.00M | $238.00M |
| Inventory | $- | $- | $- | $- | $62.00M | $-194.00M | $-33.00M | $- | $322.00M | $313.00M | $- | $- | $424.00M | $- | $- | $-657.00M | $155.00M | $122.00M | $- | $-345.00M |
| Accounts Payables | $- | $-64.00M | $42.00M | $143.00M | $-299.00M | $194.00M | $-65.00M | $- | $-322.00M | $-313.00M | $540.00M | $247.00M | $-71.00M | $469.00M | $72.00M | $71.00M | $-47.00M | $11.00M | $- | $42.00M |
| Other Working Capital | $-6.00M | $39.00M | $-324.00M | $123.00M | $67.00M | $273.00M | $-140.00M | $-138.00M | $-343.00M | $-599.00M | $4.00M | $314.00M | $-590.00M | $68.00M | $117.00M | $522.00M | $2.00M | $-96.00M | $-99.00M | $9.00M |
| Other Non Cash Items | $1.12B | $623.00M | $69.00M | $1.62B | $-289.00M | $830.35M | $702.36M | $567.00M | $-1.23B | $-28.58M | $-314.00M | $312.00M | $-2.15B | $547.42M | $770.46M | $704.53M | $133.00M | $6.00M | $235.00M | $2.56B |
| Net Cash Provided by Operating Activities | $1.66B | $1.66B | $1.55B | $1.75B | $1.75B | $1.73B | $1.41B | $1.68B | $1.91B | $2.10B | $2.68B | $1.84B | $1.62B | $1.60B | $1.09B | $592.00M | $339.00M | $472.00M | $107.00M | $398.00M |
| Investments in Property Plant and Equipment | $-116.00M | $-877.00K | $-1.03B | $-902.00M | $-920.00M | $-905.00M | $-1.10B | $-13.00M | $-821.00M | $-3.09B | $-673.00M | $-538.00M | $-515.00M | $-484.00M | $-509.00M | $-499.00M | $-220.00M | $-204.00M | $-308.00M | $-429.00M |
| Acquisitions Net | $- | $- | $13.00M | $29.00M | $22.00M | $11.00M | $-15.00M | $- | $43.00M | $4.00M | $-21.00M | $-22.00M | $-25.00M | $-16.00M | $60.00M | $344.00M | $- | $- | $- | $- |
| Purchases of Investments | $-40.00M | $-30.00M | $-1.00M | $-47.00M | $-1.00M | $- | $-15.00K | $-37.00M | $-17.00M | $-16.00M | $-21.00M | $-22.00K | $-25.00M | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $1.00M | $- | $-1.07B | $- | $39.00M | $-4.00M | $- | $22.00K | $-487.00M | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $-887.00M | $-4.32B | $- | $-47.00M | $-1.00M | $-3.00M | $1.08B | $-983.00M | $-73.00M | $11.00M | $45.00M | $34.00M | $534.00M | $10.00M | $57.00M | $25.00M | $315.00M | $2.00M | $174.00M | $24.00M |
| Net Cash Used for Investing Activities | $-1.04B | $-4.35B | $-1.02B | $-920.00M | $-899.00M | $-897.00M | $-1.10B | $-1.03B | $-829.00M | $-3.10B | $-670.00M | $-526.00M | $-518.00M | $-474.00M | $-452.00M | $-130.00M | $95.00M | $-202.00M | $-134.00M | $-405.00M |
| Debt Repayment | $- | $2.75B | $- | $- | $- | $-242.00M | $- | $- | $- | $- | $- | $- | $- | $- | $-742.00M | $-560.00M | $- | $- | $- | $- |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-301.00M | $-295.00M | $-256.00M | $-205.00M | $-234.00M | $- | $-228.00M | $-517.00M | $-57.00M | $-126.00M | $-324.00M | $-211.00M | $-589.00M | $-3.00M | $-9.00M | $-33.00M | $-1.00M | $- | $- | $-38.00M |
| Dividends Paid | $-143.00M | $-272.00M | $-223.00M | $-299.00M | $-488.00M | $-312.00M | $-462.00M | $-596.00M | $-875.00M | $-1.01B | $-830.00M | $-667.00M | $-554.00M | $-329.00M | $-229.00M | $-203.00M | $-138.00M | $-43.00M | $-42.00M | $-34.00M |
| Other Financing Activities | $-6.00M | $12.00M | $-28.00M | $-49.00M | $6.00M | $1.00M | $-14.00M | $-98.00M | $-8.00M | $-10.00M | $-17.00M | $-81.00M | $-6.00M | $-8.00M | $-2.00M | $-28.00M | $4.00M | $-3.00M | $3.00M | $-15.00M |
| Net Cash Used Provided by Financing Activities | $-450.00M | $2.19B | $-507.00M | $-553.00M | $-735.00M | $-553.00M | $-704.00M | $-1.21B | $-940.00M | $-1.14B | $-1.17B | $-959.00M | $-1.15B | $-337.00M | $-982.00M | $-824.00M | $-134.00M | $-46.00M | $-39.00M | $-87.00M |
| Effect of Forex Changes on Cash | $-1.00M | $1.00K | $-1.00M | $-2.00M | $3.00M | $-2.00M | $2.00M | $- | $2.00M | $-10.00M | $-5.00M | $2.00M | $1.00M | $-5.00M | $2.00M | $3.00M | $2.00M | $4.00M | $8.00M | $-23.00M |
| Net Change in Cash | $170.00M | $-493.00M | $20.00M | $274.00M | $114.00M | $273.00M | $-399.00M | $-567.00M | $144.00M | $-2.15B | $832.00M | $354.00M | $-50.00M | $782.00M | $-339.00M | $-359.00M | $340.00M | $228.00M | $-58.00M | $-117.00M |
| Cash at End of Period | $846.00M | $676.00M | $1.17B | $1.15B | $875.00M | $761.00M | $488.00M | $887.00M | $1.45B | $1.31B | $3.46B | $2.62B | $2.27B | $2.32B | $1.54B | $1.88B | $2.24B | $1.90B | $1.67B | $1.73B |
| Cash at Beginning of Period | $676.00M | $1.17B | $1.15B | $875.00M | $761.00M | $488.00M | $887.00M | $1.45B | $1.31B | $3.46B | $2.62B | $2.27B | $2.32B | $1.54B | $1.88B | $2.24B | $1.90B | $1.67B | $1.73B | $1.84B |
| Operating Cash Flow | $1.66B | $1.68B | $1.55B | $1.75B | $1.75B | $1.73B | $1.41B | $1.68B | $1.91B | $2.10B | $2.68B | $1.84B | $1.62B | $1.60B | $1.09B | $592.00M | $339.00M | $472.00M | $107.00M | $398.00M |
| Capital Expenditure | $-1.04B | $-4.48B | $-1.03B | $-902.00M | $-920.00M | $-905.00M | $-1.10B | $-1.02B | $-821.00M | $-3.09B | $-673.00M | $-538.00M | $-515.00M | $-484.00M | $-509.00M | $-499.00M | $-220.00M | $-204.00M | $-308.00M | $-429.00M |
| Free Cash Flow | $622.00M | $-2.82B | $516.00M | $847.00M | $825.00M | $820.00M | $308.00M | $652.00M | $1.09B | $-989.00M | $2.00B | $1.30B | $1.10B | $1.11B | $584.00M | $93.00M | $119.00M | $268.00M | $-201.00M | $-31.00M |
Devon Energy Dividends
Explore Devon Energy's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
4.53%
Dividend Payout Ratio
32.41%
Dividend Paid & Capex Coverage Ratio
0.79x
Devon Energy Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.24 | $0.24 | March 14, 2025 | March 14, 2025 | March 31, 2025 | February 18, 2025 |
| $0.22 | $0.22 | December 13, 2024 | December 13, 2024 | December 30, 2024 | November 05, 2024 |
| $0.44 | $0.44 | September 13, 2024 | September 13, 2024 | September 30, 2024 | August 06, 2024 |
| $0.35 | $0.35 | June 14, 2024 | June 14, 2024 | June 28, 2024 | May 01, 2024 |
| $0.44 | $0.44 | March 14, 2024 | March 15, 2024 | March 28, 2024 | February 27, 2024 |
| $0.77 | $0.77 | December 14, 2023 | December 15, 2023 | December 29, 2023 | November 07, 2023 |
| $0.49 | $0.49 | September 14, 2023 | September 15, 2023 | September 29, 2023 | August 01, 2023 |
| $0.72 | $0.72 | June 14, 2023 | June 15, 2023 | June 30, 2023 | May 08, 2023 |
| $0.89 | $0.89 | March 14, 2023 | March 15, 2023 | March 31, 2023 | February 14, 2023 |
| $1.35 | $1.35 | December 09, 2022 | December 12, 2022 | December 30, 2022 | November 01, 2022 |
| $1.55 | $1.55 | September 09, 2022 | September 12, 2022 | September 30, 2022 | August 01, 2022 |
| $1.27 | $1.27 | June 10, 2022 | June 13, 2022 | June 30, 2022 | May 02, 2022 |
| $1 | $1 | March 11, 2022 | March 14, 2022 | March 31, 2022 | February 15, 2022 |
| $0.84 | $0.84 | December 09, 2021 | December 10, 2021 | December 30, 2021 | November 02, 2021 |
| $0.49 | $0.49 | September 10, 2021 | September 13, 2021 | September 30, 2021 | August 03, 2021 |
| $0.34 | $0.34 | June 11, 2021 | June 14, 2021 | June 30, 2021 | May 04, 2021 |
| $0.3 | $0.3 | March 12, 2021 | March 15, 2021 | March 31, 2021 | December 02, 2020 |
| $0.11 | $0.11 | December 10, 2020 | December 11, 2020 | December 30, 2020 | September 16, 2020 |
| $0.11 | $0.11 | September 11, 2020 | September 14, 2020 | September 30, 2020 | June 03, 2020 |
| $0.26 | $0.26 | August 13, 2020 | August 14, 2020 | October 01, 2020 | August 04, 2020 |
Devon Energy News
Read the latest news about Devon Energy, including recent articles, headlines, and updates.
Devon Energy's 15% Free Cash Flow Yield Is Too Appealing Not To Buy
Devon Energy is rated a BUY with a $40/share target, driven by potential upside in natural gas prices and undervaluation due to recent selling pressure. Domestic natural gas demand is expected to rise as data centers increasingly rely on gas power, potentially boosting Devon's revenue. Internationally, the EU's need to refill gas reserves amid reduced Russian imports may drive higher LNG prices, benefiting Devon's gas assets.
Why Devon Energy Checks Off Many Boxes Right Now
Devon Energy Corporation offers a compelling value opportunity with a forward PE of 7.6x, a 3.6% dividend yield, and 9% dividend growth. DVN's robust production growth, efficient capital deployment, and strong reserve replacement ratio highlight its operational excellence and future growth potential. Its strong financial position, including investment-grade credit ratings and substantial liquidity, supports its shareholder-friendly capital return strategy.
Devon Energy's Recovery Is Well Deserved - Richer Return Prospects Ahead
Devon Energy remains inherently discounted compared to its peers despite the recent bounce, thanks to its growing production capacity and richer profit margins. Thanks to the still healthy balance sheet and rich cash flow generations, we believe that the oil/gas company remains well positioned to continue deleveraging while paying out dividends. On the other hand, readers must note that the oil/ gas sector is an inherently volatile sector, worsened by the ongoing OPEC+ output relaxation and non-OPEC+ increases.
Buy, Baby, Buy: My 12 Favorite Energy Stocks For What's Next
Energy stocks are proving their strength, outperforming the market despite oil price stagnation. Structural shifts, deglobalization, and inflation favor long-term upside. Shale growth is slowing, and oil companies are prioritizing cash flow over expansion. With rising costs, $70 oil is the new $50, limiting U.S. production at lower prices. Uncertainty in policy and tariffs adds pressure, but I see oil stabilizing near $90 long term. My top energy picks remain strong plays for income and capital appreciation.
3 Magnificent S&P 500 Dividend Stocks Down 20% to 33% to Buy and Hold Forever
The S&P 500 index recently slipped over 10% from its peak and officially entered the correction territory. Although it has rebounded since, the heightened volatility amid economic and geopolitical concerns and stubborn inflation have put dividend stocks in the spotlight.
Devon Energy Schedules First-Quarter 2025 Earnings Release and Conference Call
OKLAHOMA CITY, March 26, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report first-quarter 2025 results on Tuesday, May 6, after the close of U.S. financial markets. The earnings release and presentation for the first-quarter 2025 results will be available on the company's website at www.devonenergy.com.
These two quality stocks are trading well below their historical multiples
Trump tariffs and the related fears of a recession ahead pushed the S&P 500 index into correction territory this month, creating quite a few buying opportunities in the process. But some of the names on the benchmark index have sold off relatively harder and are now trading at significant discounts to their historical valuations.
Wall Street Analysts See a 39.02% Upside in Devon Energy (DVN): Can the Stock Really Move This High?
The consensus price target hints at a 39% upside potential for Devon Energy (DVN). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Devon Energy Stock Has 42% Upside, According to 1 Wall Street Firm
This is one of those unusual situations whereby a Wall Street firm lowers its price target on the stock, but even the lowered price target still implies a 42% upside for the stock. That happened recently when Siebert Williams Shank lowered its price target on Devon Energy (DVN 1.99%) from $58 to $50 while maintaining a buy rating on the stock.
Is Devon Energy (DVN) a Buy as Wall Street Analysts Look Optimistic?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
3 Dividend Stocks Offering Higher Yields and Bullish Forecasts
Investments that combine consistent income with solid balance sheets can produce both immediate and long-term income for investors. Dividend stocks can also provide a beneficial cushion against the effects of market downturns on growth stocks — a top concern as U.S. stocks struggle to see price appreciation in mid-March.
Similar Companies
Related Metrics
Explore detailed financial metrics and analysis for DVN.