Devon Energy Corporation DVN SPX
Energy · Oil & Gas E&P · United States
Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. The company operates in Delaware Basin located in southeast New Mexico and west Texas, Eagle Ford located in North America, Anadarko Basin located in western Oklahoma, Williston Basin located in North Dakota, and Powder River Basin located in Wyoming. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.
READ MORE ›$44.49
+50.83% 1Y
Market & Price
Market Cap
$51.31B
Current Price
$44.49
High / Low (52W)
$52.07 / $29.50
Beta
0.48
Valuation
Stock P/E
12.39
Industry PE
18.25
Forward P/E
8.16
PEG Ratio
2.92
Book Value
$24.84
Price to Book
1.79
P/S
3.21
EV/EBITDA
5.14
Dividend Yield
2.34%
Profitability & Returns
ROCE
14.95%
ROE
15.18%
ROA
6.07%
Profit Margin
14.17%
Op Margin
6.86%
EPS (Latest Qtr)
$0.19
EPS (TTM)
$3.59
Balance Sheet & Liquidity
Debt/Equity
0.56
Quick Ratio
0.85
Current Ratio
1.01
Debt
$8.70B
Total Assets
$31.60B
Current Assets
$4.01B
Working Capital
$-80.00M
Ownership
Promoter Holding
0.67%
Chg in Prom Hold
0.22%
FII / Inst Holding
49.80%
Chg in FII Hold
0.00%
Financial Snapshot
Enterprise Value
$34.59B
Total Revenue (TTM)
$16.00B
EBITDA
$6.72B
Free Cash Flow
$1.60B
Operating Cash Flow
$6.42B
Shares Outstanding
1.15B
Gross Margin
46.93%
Payout Ratio
26.74%
Growth (CAGR)
Revenue 5Y
-3.57%
Profit 5Y
-23.99%
Revenue (YoY)
-0.80%
Earnings (YoY)
-75.30%
PROS
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Revenue declined at -3.6% CAGR over 5 years.
- Earnings shrank at -24.0% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Energy).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | DVN Devon Energy Corporation SPX | 44.49 | 12.39 | $51.31B | 2.34% | 14.95% | 15.18% | -3.57% | -23.99% |
| 2 | XOM Exxon Mobil Corporation SPX | 145.26 | 24.45 | $602.10B | 2.84% | 11.12% | 9.87% | -6.69% | -19.72% |
| 3 | CVX Chevron Corporation SPX | 182.46 | 31.73 | $363.39B | 3.90% | 7.21% | 6.64% | -7.85% | -29.74% |
| 4 | COP ConocoPhillips SPX | 113.98 | 19.32 | $138.86B | 2.95% | 12.63% | 11.28% | -9.11% | -24.66% |
| 5 | WMB The Williams Companies, Inc. SPX | 71.39 | 31.31 | $87.31B | 2.94% | 9.66% | 19.66% | 2.91% | 8.51% |
| 6 | SLB SLB N.V. SPX | 54.55 | 24.03 | $81.56B | 2.16% | 12.08% | 14.07% | 8.33% | -0.65% |
| 7 | VLO Valero Energy Corporation SPX | 244.82 | 17.88 | $72.70B | 1.96% | 8.12% | 15.85% | -11.40% | -41.16% |
| 8 | MPC Marathon Petroleum Corporation SPX | 248.77 | 16.37 | $72.63B | 1.57% | 13.11% | 27.46% | -9.23% | -34.67% |
| 9 | EOG EOG Resources, Inc. SPX | 133.38 | 13.13 | $71.04B | 3.06% | 14.00% | 18.20% | -8.51% | -13.74% |
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Quarterly Results
Figures in USD.
| Metric | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | - | - | 4.45B | 4.28B | 4.33B | 4.12B | 3.81B |
| Cost of Revenue | - | - | 3.26B | 3.17B | 3.23B | 3.14B | 3.35B |
| Gross Profit | - | - | 1.19B | 1.11B | 1.10B | 981.00M | 462.00M |
| Operating Expenses | - | - | 140.00M | 133.00M | 122.00M | 140.00M | 150.00M |
| Operating Income | - | - | 1.05B | 981.00M | 982.00M | 841.00M | 312.00M |
| EBITDA | - | - | 1.69B | 2.20B | 1.92B | 1.76B | 1.19B |
| Interest Expense | - | - | 127.00M | 126.00M | 125.00M | 119.00M | 118.00M |
| Pretax Income | - | - | 646.00M | 1.16B | 912.00M | 747.00M | 166.00M |
| Tax Provision | - | - | 137.00M | 244.00M | 219.00M | 185.00M | 46.00M |
| Net Income | - | - | 494.00M | 899.00M | 687.00M | 562.00M | 120.00M |
| Diluted EPS | - | - | 0.77 | 1.41 | 1.09 | 0.90 | 0.19 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | - | 19.17B | 15.26B | 15.94B | 17.19B |
| Cost of Revenue | - | 10.80B | 9.89B | 11.23B | 12.80B |
| Gross Profit | - | 8.37B | 5.37B | 4.71B | 4.39B |
| Operating Expenses | - | 449.00M | 428.00M | 528.00M | 535.00M |
| Operating Income | - | 7.92B | 4.94B | 4.18B | 3.86B |
| EBITDA | - | 10.37B | 7.55B | 7.37B | 7.56B |
| Interest Expense | - | 370.00M | 369.00M | 401.00M | 497.00M |
| Pretax Income | - | 7.78B | 4.62B | 3.71B | 3.47B |
| Tax Provision | - | 1.74B | 841.00M | 770.00M | 785.00M |
| Net Income | - | 6.01B | 3.75B | 2.89B | 2.64B |
| Diluted EPS | - | 9.12 | 5.84 | 4.56 | 4.17 |
Compounded Sales Growth
| 5 Years: | -3.57% |
| 1 Year: | -0.80% |
Compounded Profit Growth
| 5 Years: | -23.99% |
| 1 Year: | -75.30% |
Stock Price Performance
| 1 Year: | +50.83% |
| 6 Months: | +25.66% |
| 3 Months: | +2.74% |
| 1 Month: | -12.90% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 23.72B | 24.49B | 30.49B | 31.60B |
| Current Assets | - | 3.89B | 3.16B | 3.43B | 4.01B |
| Cash & Equivalents | - | 1.45B | 875.00M | 846.00M | 1.43B |
| Inventory | - | 201.00M | 249.00M | 294.00M | 336.00M |
| Receivables | - | 1.77B | 1.57B | 1.97B | 1.79B |
| Total Liabilities | - | 12.43B | 12.27B | 15.79B | 16.07B |
| Current Liabilities | - | 3.10B | 2.95B | 3.31B | 4.09B |
| Long Term Debt | - | 6.19B | 5.67B | 8.40B | 7.39B |
| Total Debt | - | 6.70B | 6.45B | 9.20B | 8.59B |
| Total Equity | - | 11.17B | 12.06B | 14.50B | 15.53B |
| Shares Outstanding | 663.00M | 653.00M | 636.00M | 651.00M | - |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 8.53B | 6.54B | 6.60B | 6.71B |
| Investing Cash Flow | - | -5.12B | -3.94B | -7.33B | -3.39B |
| Financing Cash Flow | - | -4.21B | -3.18B | 706.00M | -2.73B |
| Capital Expenditure | -2.01B | -5.12B | -3.95B | -7.45B | - |
| Free Cash Flow | - | 3.40B | 2.60B | -853.00M | 2.80B |
| Net Change in Cash | - | -806.00M | -582.00M | -26.00M | 588.00M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 43.7% | 35.2% | 29.5% | 25.5% |
| Operating Margin % | - | 41.3% | 32.4% | 26.2% | 22.4% |
| Net Margin % | - | 31.4% | 24.6% | 18.1% | 15.4% |
| ROE % | - | 53.9% | 31.1% | 19.9% | 17.0% |
| ROCE % | - | 38.4% | 22.9% | 15.4% | 14.0% |
Shareholding Pattern
Insiders
0.67%
Institutions
49.80%
Public Float
50.14%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 9.74% | 60.51M | $2.69B |
| 2 | Vanguard Capital Management LLC | 6.49% | 40.33M | $1.79B |
| 3 | State Street Corporation | 6.21% | 38.56M | $1.72B |
| 4 | Vanguard Portfolio Management LLC | 5.53% | 34.34M | $1.53B |
| 5 | Charles Schwab Investment Management, Inc. | 3.09% | 19.17M | $852.96M |
| 6 | Invesco Ltd. | 3.05% | 18.95M | $843.29M |
| 7 | Geode Capital Management, LLC | 2.70% | 16.75M | $745.28M |
| 8 | GQG Partners LLC | 2.60% | 16.17M | $719.42M |
| 9 | Morgan Stanley | 1.89% | 11.73M | $521.73M |
| 10 | Encap Investments L.P. | 1.71% | 10.61M | $472.17M |
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Analyst aggregate. Targets and ratings update periodically; not investment advice.
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