Overview Dividends

(DVN) Devon Energy - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US25179M1036

Oil, Natural Gas, Natural Gas Liquids

DVN EPS (Earnings per Share)

EPS (Earnings per Share) of DVN over the last years for every Quarter: "2020-09": -0.04, "2020-12": -0.2689, "2021-03": 0.45, "2021-06": 0.6, "2021-09": 1.08, "2021-12": 1.39, "2022-03": 1.88, "2022-06": 2.59, "2022-09": 2.18, "2022-12": 1.66, "2023-03": 1.46, "2023-06": 1.18, "2023-09": 1.65, "2023-12": 1.41, "2024-03": 1.16, "2024-06": 1.41, "2024-09": 1.1, "2024-12": 1.16, "2025-03": 1.21, "2025-06": 0.84, "2025-09": 0,
EPS Growth (3Y CAGR): -62.55%
EPS Trend (3Y Correlation): -72.0%

DVN Revenue

Revenue of DVN over the last years for every Quarter: 2020-09: 960, 2020-12: 1217, 2021-03: 2810, 2021-06: 3120, 2021-09: 3801, 2021-12: 4251, 2022-03: 4839, 2022-06: 6268, 2022-09: 5184, 2022-12: 4352, 2023-03: 3759, 2023-06: 3493, 2023-09: 4041, 2023-12: 3821, 2024-03: 3403, 2024-06: 3832, 2024-09: 4129, 2024-12: 4203, 2025-03: 4374, 2025-06: 4048, 2025-09: null,
Revenue Growth (3Y CAGR): -8.60%
Revenue Trend (3Y Correlation): -15.0%

Description: DVN Devon Energy October 14, 2025

Devon Energy Corp. (NYSE: DVN) is a U.S.-based independent E&P firm that explores, develops, and produces crude oil, natural gas, and NGLs across several major shale basins, including the Delaware Basin (NM/TX), Eagle Ford, Anadarko, Williston, and Powder River.

Founded in 1971 and headquartered in Oklahoma City, Devon reported 2023 average daily production of roughly 380 kboe/d, with a 2024 capital budget of $2.5 billion focused on drilling in the Delaware and Eagle Ford plays, reflecting its strategy to prioritize higher-margin oil-rich assets.

Key economic drivers for Devon include U.S. natural-gas price spreads, the ongoing OPEC+ production policy, and the pace of U.S. shale drilling activity, which together influence its cash-flow generation and ability to fund dividend growth.

For a deeper, data-driven look at Devon’s valuation metrics and scenario analysis, you might find ValueRay’s platform a useful next step.

DVN Stock Overview

Market Cap in USD 20,625m
Sub-Industry Oil & Gas Exploration & Production
IPO / Inception 1992-03-17

DVN Stock Ratings

Growth Rating -37.5%
Fundamental 54.4%
Dividend Rating 61.5%
Return 12m vs S&P 500 -21.9%
Analyst Rating 4.15 of 5

DVN Dividends

Dividend Yield 12m 2.79%
Yield on Cost 5y 10.76%
Annual Growth 5y 20.84%
Payout Consistency 91.8%
Payout Ratio 29.3%

DVN Growth Ratios

Growth Correlation 3m -52.3%
Growth Correlation 12m -22.2%
Growth Correlation 5y 13.3%
CAGR 5y -18.82%
CAGR/Max DD 3y (Calmar Ratio) -0.32
CAGR/Mean DD 3y (Pain Ratio) -0.54
Sharpe Ratio 12m 0.23
Alpha -30.79
Beta 1.080
Volatility 30.33%
Current Volume 9921.1k
Average Volume 20d 7413.9k
Stop Loss 32.6 (-3.3%)
Signal 0.16

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income (2.84b TTM) > 0 and > 6% of Revenue (6% = 1.01b TTM)
FCFTA -0.04 (>2.0%) and ΔFCFTA -15.71pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 4.69% (prev 2.27%; Δ 2.42pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.17 (>3.0%) and CFO 5.27b > Net Income 2.84b (YES >=105%, WARN >=100%)
Net Debt (7.23b) to EBITDA (7.81b) ratio: 0.93 <= 3.0 (WARN <= 3.5)
Current Ratio 1.22 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (636.0m) change vs 12m ago 1.27% (target <= -2.0% for YES)
Gross Margin 25.77% (prev 31.38%; Δ -5.61pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 59.25% (prev 60.00%; Δ -0.75pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 8.44 (EBITDA TTM 7.81b / Interest Expense TTM 500.0m) >= 6 (WARN >= 3)

Altman Z'' 2.73

(A) 0.03 = (Total Current Assets 4.32b - Total Current Liabilities 3.54b) / Total Assets 31.39b
(B) 0.29 = Retained Earnings (Balance) 9.25b / Total Assets 31.39b
(C) 0.15 = EBIT TTM 4.22b / Avg Total Assets 28.28b
(D) 0.57 = Book Value of Equity 9.20b / Total Liabilities 16.10b
Total Rating: 2.73 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 54.39

1. Piotroski 4.50pt = -0.50
2. FCF Yield -4.28% = -2.14
3. FCF Margin -7.12% = -2.67
4. Debt/Equity 0.60 = 2.33
5. Debt/Ebitda 0.93 = 1.87
6. ROIC - WACC (= 6.89)% = 8.62
7. RoE 19.49% = 1.62
8. Rev. Trend -15.02% = -1.13
9. EPS Trend -72.03% = -3.60

What is the price of DVN shares?

As of November 08, 2025, the stock is trading at USD 33.70 with a total of 9,921,090 shares traded.
Over the past week, the price has changed by +3.72%, over one month by -3.69%, over three months by +4.77% and over the past year by -10.93%.

Is Devon Energy a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Devon Energy is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 54.39 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of DVN is around 30.82 USD . This means that DVN is currently overvalued and has a potential downside of -8.55%.

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.
  • Strong Buy: 12
  • Buy: 7
  • Hold: 8
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the DVN price?

Issuer Target Up/Down from current
Wallstreet Target Price 45.2 34%
Analysts Target Price 45.2 34%
ValueRay Target Price 34 0.9%

DVN Fundamental Data Overview November 03, 2025

Market Cap USD = 20.62b (20.62b USD * 1.0 USD.USD)
P/E Trailing = 7.3176
P/E Forward = 8.0451
P/S = 1.2806
P/B = 1.4466
P/EG = 14.898
Beta = 1.08
Revenue TTM = 16.75b USD
EBIT TTM = 4.22b USD
EBITDA TTM = 7.81b USD
Long Term Debt = 8.39b USD (from longTermDebt, last quarter)
Short Term Debt = 485.0m USD (from shortTermDebt, last quarter)
Debt = 8.99b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 7.23b USD (from netDebt column, last quarter)
Enterprise Value = 27.86b USD (20.62b + Debt 8.99b - CCE 1.76b)
Interest Coverage Ratio = 8.44 (Ebit TTM 4.22b / Interest Expense TTM 500.0m)
FCF Yield = -4.28% (FCF TTM -1.19b / Enterprise Value 27.86b)
FCF Margin = -7.12% (FCF TTM -1.19b / Revenue TTM 16.75b)
Net Margin = 16.98% (Net Income TTM 2.84b / Revenue TTM 16.75b)
Gross Margin = 25.77% ((Revenue TTM 16.75b - Cost of Revenue TTM 12.44b) / Revenue TTM)
Gross Margin QoQ = 21.20% (prev 25.24%)
Tobins Q-Ratio = 0.89 (Enterprise Value 27.86b / Total Assets 31.39b)
Interest Expense / Debt = 1.45% (Interest Expense 130.0m / Debt 8.99b)
Taxrate = 21.02% (244.0m / 1.16b)
NOPAT = 3.33b (EBIT 4.22b * (1 - 21.02%))
Current Ratio = 1.22 (Total Current Assets 4.32b / Total Current Liabilities 3.54b)
Debt / Equity = 0.60 (Debt 8.99b / totalStockholderEquity, last quarter 15.06b)
Debt / EBITDA = 0.93 (Net Debt 7.23b / EBITDA 7.81b)
Debt / FCF = -6.06 (negative FCF - burning cash) (Net Debt 7.23b / FCF TTM -1.19b)
Total Stockholder Equity = 14.59b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.06% (Net Income 2.84b / Total Assets 31.39b)
RoE = 19.49% (Net Income TTM 2.84b / Total Stockholder Equity 14.59b)
RoCE = 18.36% (EBIT 4.22b / Capital Employed (Equity 14.59b + L.T.Debt 8.39b))
RoIC = 14.20% (NOPAT 3.33b / Invested Capital 23.48b)
WACC = 7.30% (E(20.62b)/V(29.62b) * Re(9.99%) + D(8.99b)/V(29.62b) * Rd(1.45%) * (1-Tc(0.21)))
Discount Rate = 9.99% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.16%
Fair Price DCF = unknown (Cash Flow -1.19b)
EPS Correlation: -72.03 | EPS CAGR: -62.55% | SUE: -4.0 | # QB: 0
Revenue Correlation: -15.02 | Revenue CAGR: -8.60% | SUE: 0.15 | # QB: 0

Additional Sources for DVN Stock

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