(DVN) Devon Energy - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US25179M1036
Stock: Oil, Natural Gas, Natural Gas Liquids
Total Rating 63
Risk 93
Buy Signal -0.23
| Risk 5d forecast | |
|---|---|
| Volatility | 28.8% |
| Relative Tail Risk | -1.45% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.52 |
| Alpha | 5.37 |
| Character TTM | |
|---|---|
| Beta | 1.234 |
| Beta Downside | 1.903 |
| Drawdowns 3y | |
|---|---|
| Max DD | 49.22% |
| CAGR/Max DD | -0.06 |
EPS (Earnings per Share)
Revenue
Description: DVN Devon Energy February 11, 2026
Devon Energy Corp. (NYSE: DVN) is an independent U.S. upstream firm that explores, develops, and produces crude oil, natural gas, and natural-gas liquids across five major basins: the Delaware Basin (SE NM & West TX), Eagle Ford, Anadarko, Williston, and Powder River. Founded in 1971, the company is headquartered in Oklahoma City and trades under the GICS sub-industry “Oil & Gas Exploration & Production.”
As of Q4 2025, Devon reported a consolidated production of approximately 500 k boe/d, with oil accounting for 62 % of the mix-a modest shift toward higher-margin crude amid a 15 % YoY increase in realized oil prices (≈ $84 / bbl). Free cash flow reached $2.1 bn, supporting a net-debt-to-EBITDA ratio of 2.3×, down from 2.8× a year earlier. The company’s earnings are highly correlated with U.S. rig activity, which rose 9 % YoY in Q4 2025, indicating expanding drilling capacity and a favorable supply-demand backdrop for domestic oil and gas.
For a deeper, data-driven dive into Devon’s valuation dynamics, you may find the ValueRay platform a useful next step.
Piotroski VR‑10 (Strict, 0-10) 8.5
| Net Income: 2.64b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA 12.41 > 1.0 |
| NWC/Revenue: -0.48% < 20% (prev 0.76%; Δ -1.24% < -1%) |
| CFO/TA 0.21 > 3% & CFO 6.75b > Net Income 2.64b |
| Net Debt (7.35b) to EBITDA (7.36b): 1.00 < 3 |
| Current Ratio: 0.98 > 1.5 & < 3 |
| Outstanding Shares: last quarter (622.0m) vs 12m ago -0.16% < -2% |
| Gross Margin: 22.70% > 18% (prev 0.28%; Δ 2242 % > 0.5%) |
| Asset Turnover: 53.50% > 50% (prev 51.06%; Δ 2.45% > 0%) |
| Interest Coverage Ratio: 7.42 > 6 (EBITDA TTM 7.36b / Interest Expense TTM 507.0m) |
Altman Z'' 2.51
| A: -0.00 (Total Current Assets 4.01b - Total Current Liabilities 4.09b) / Total Assets 31.60b |
| B: 0.32 (Retained Earnings 10.20b / Total Assets 31.60b) |
| C: 0.12 (EBIT TTM 3.76b / Avg Total Assets 31.04b) |
| D: 0.63 (Book Value of Equity 10.14b / Total Liabilities 16.07b) |
| Altman-Z'' Score: 2.51 = A |
Beneish M -3.01
| DSRI: 0.85 (Receivables 1.79b/1.97b, Revenue 16.61b/15.57b) |
| GMI: 1.22 (GM 22.70% / 27.68%) |
| AQI: 1.03 (AQ_t 0.06 / AQ_t-1 0.06) |
| SGI: 1.07 (Revenue 16.61b / 15.57b) |
| TATA: -0.13 (NI 2.64b - CFO 6.75b) / TA 31.60b) |
| Beneish M-Score: -3.01 (Cap -4..+1) = AA |
What is the price of DVN shares?
As of February 23, 2026, the stock is trading at USD 44.39 with a total of 14,057,309 shares traded.
Over the past week, the price has changed by +0.79%, over one month by +16.88%, over three months by +24.34% and over the past year by +22.29%.
Over the past week, the price has changed by +0.79%, over one month by +16.88%, over three months by +24.34% and over the past year by +22.29%.
Is DVN a buy, sell or hold?
Devon Energy has received a consensus analysts rating of 4.15.
Therefore, it is recommended to buy DVN.
- StrongBuy: 12
- Buy: 7
- Hold: 8
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the DVN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 48.2 | 8.6% |
| Analysts Target Price | 48.2 | 8.6% |
DVN Fundamental Data Overview February 20, 2026
P/E Trailing = 10.533
P/E Forward = 8.0451
P/S = 1.7468
P/B = 1.8046
P/EG = 14.898
Revenue TTM = 16.61b USD
EBIT TTM = 3.76b USD
EBITDA TTM = 7.36b USD
Long Term Debt = 7.39b USD (from longTermDebt, last quarter)
Short Term Debt = 998.0m USD (from shortTermDebt, last quarter)
Debt = 8.78b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 7.35b USD (from netDebt column, last quarter)
Enterprise Value = 35.36b USD (28.02b + Debt 8.78b - CCE 1.43b)
Interest Coverage Ratio = 7.42 (Ebit TTM 3.76b / Interest Expense TTM 507.0m)
EV/FCF = 11.59x (Enterprise Value 35.36b / FCF TTM 3.05b)
FCF Yield = 8.62% (FCF TTM 3.05b / Enterprise Value 35.36b)
FCF Margin = 18.36% (FCF TTM 3.05b / Revenue TTM 16.61b)
Net Margin = 15.91% (Net Income TTM 2.64b / Revenue TTM 16.61b)
Gross Margin = 22.70% ((Revenue TTM 16.61b - Cost of Revenue TTM 12.84b) / Revenue TTM)
Gross Margin QoQ = 20.12% (prev 23.90%)
Tobins Q-Ratio = 1.12 (Enterprise Value 35.36b / Total Assets 31.60b)
Interest Expense / Debt = 1.35% (Interest Expense 119.0m / Debt 8.78b)
Taxrate = 24.77% (185.0m / 747.0m)
NOPAT = 2.83b (EBIT 3.76b * (1 - 24.77%))
Current Ratio = 0.98 (Total Current Assets 4.01b / Total Current Liabilities 4.09b)
Debt / Equity = 0.57 (Debt 8.78b / totalStockholderEquity, last quarter 15.53b)
Debt / EBITDA = 1.00 (Net Debt 7.35b / EBITDA 7.36b)
Debt / FCF = 2.41 (Net Debt 7.35b / FCF TTM 3.05b)
Total Stockholder Equity = 15.12b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.51% (Net Income 2.64b / Total Assets 31.60b)
RoE = 17.47% (Net Income TTM 2.64b / Total Stockholder Equity 15.12b)
RoCE = 16.72% (EBIT 3.76b / Capital Employed (Equity 15.12b + L.T.Debt 7.39b))
RoIC = 11.95% (NOPAT 2.83b / Invested Capital 23.70b)
WACC = 8.21% (E(28.02b)/V(36.80b) * Re(10.46%) + D(8.78b)/V(36.80b) * Rd(1.35%) * (1-Tc(0.25)))
Discount Rate = 10.46% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.26%
[DCF Debug] Terminal Value 69.28% ; FCFF base≈3.05b ; Y1≈2.00b ; Y5≈913.5m
Fair Price DCF = 15.94 (EV 17.24b - Net Debt 7.35b = Equity 9.89b / Shares 620.3m; r=8.21% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: -88.68 | EPS CAGR: -19.85% | SUE: 0.0 | # QB: 0
Revenue Correlation: -43.48 | Revenue CAGR: -5.35% | SUE: 2.70 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.81 | Chg30d=-0.030 | Revisions Net=-7 | Analysts=17
EPS current Year (2026-12-31): EPS=3.50 | Chg30d=-0.164 | Revisions Net=-10 | Growth EPS=-10.8% | Growth Revenue=-10.2%
EPS next Year (2027-12-31): EPS=4.29 | Chg30d=-0.405 | Revisions Net=-8 | Growth EPS=+22.9% | Growth Revenue=+9.7%
P/E Forward = 8.0451
P/S = 1.7468
P/B = 1.8046
P/EG = 14.898
Revenue TTM = 16.61b USD
EBIT TTM = 3.76b USD
EBITDA TTM = 7.36b USD
Long Term Debt = 7.39b USD (from longTermDebt, last quarter)
Short Term Debt = 998.0m USD (from shortTermDebt, last quarter)
Debt = 8.78b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 7.35b USD (from netDebt column, last quarter)
Enterprise Value = 35.36b USD (28.02b + Debt 8.78b - CCE 1.43b)
Interest Coverage Ratio = 7.42 (Ebit TTM 3.76b / Interest Expense TTM 507.0m)
EV/FCF = 11.59x (Enterprise Value 35.36b / FCF TTM 3.05b)
FCF Yield = 8.62% (FCF TTM 3.05b / Enterprise Value 35.36b)
FCF Margin = 18.36% (FCF TTM 3.05b / Revenue TTM 16.61b)
Net Margin = 15.91% (Net Income TTM 2.64b / Revenue TTM 16.61b)
Gross Margin = 22.70% ((Revenue TTM 16.61b - Cost of Revenue TTM 12.84b) / Revenue TTM)
Gross Margin QoQ = 20.12% (prev 23.90%)
Tobins Q-Ratio = 1.12 (Enterprise Value 35.36b / Total Assets 31.60b)
Interest Expense / Debt = 1.35% (Interest Expense 119.0m / Debt 8.78b)
Taxrate = 24.77% (185.0m / 747.0m)
NOPAT = 2.83b (EBIT 3.76b * (1 - 24.77%))
Current Ratio = 0.98 (Total Current Assets 4.01b / Total Current Liabilities 4.09b)
Debt / Equity = 0.57 (Debt 8.78b / totalStockholderEquity, last quarter 15.53b)
Debt / EBITDA = 1.00 (Net Debt 7.35b / EBITDA 7.36b)
Debt / FCF = 2.41 (Net Debt 7.35b / FCF TTM 3.05b)
Total Stockholder Equity = 15.12b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.51% (Net Income 2.64b / Total Assets 31.60b)
RoE = 17.47% (Net Income TTM 2.64b / Total Stockholder Equity 15.12b)
RoCE = 16.72% (EBIT 3.76b / Capital Employed (Equity 15.12b + L.T.Debt 7.39b))
RoIC = 11.95% (NOPAT 2.83b / Invested Capital 23.70b)
WACC = 8.21% (E(28.02b)/V(36.80b) * Re(10.46%) + D(8.78b)/V(36.80b) * Rd(1.35%) * (1-Tc(0.25)))
Discount Rate = 10.46% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.26%
[DCF Debug] Terminal Value 69.28% ; FCFF base≈3.05b ; Y1≈2.00b ; Y5≈913.5m
Fair Price DCF = 15.94 (EV 17.24b - Net Debt 7.35b = Equity 9.89b / Shares 620.3m; r=8.21% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: -88.68 | EPS CAGR: -19.85% | SUE: 0.0 | # QB: 0
Revenue Correlation: -43.48 | Revenue CAGR: -5.35% | SUE: 2.70 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.81 | Chg30d=-0.030 | Revisions Net=-7 | Analysts=17
EPS current Year (2026-12-31): EPS=3.50 | Chg30d=-0.164 | Revisions Net=-10 | Growth EPS=-10.8% | Growth Revenue=-10.2%
EPS next Year (2027-12-31): EPS=4.29 | Chg30d=-0.405 | Revisions Net=-8 | Growth EPS=+22.9% | Growth Revenue=+9.7%