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": 1.04,
EPS Growth (3Y CAGR): -15.64%
EPS Trend (3Y Correlation): -77.7%

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: 4251,
Revenue Growth (3Y CAGR): -0.85%
Revenue Trend (3Y Correlation): 38.9%
Risk via 10d forecast
Volatility 29.5%
Value at Risk 5%th 48.5%
Relative Tail Risk -0.02%
Reward TTM
Sharpe Ratio -0.04
Alpha -20.42
Character TTM
Hurst Exponent 0.513
Beta 1.264
Beta Downside 1.837
Drawdowns 3y
Max DD 56.48%
Mean DD 31.55%
Median DD 30.51%

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 21,140m
Sub-Industry Oil & Gas Exploration & Production
IPO / Inception 1992-03-17
Return 12m vs S&P 500 -18.4%
Analyst Rating 4.15 of 5

DVN Dividends

Dividend Yield 2.62%
Yield on Cost 5y 9.73%
Yield CAGR 5y 20.84%
Payout Consistency 91.8%
Payout Ratio 22.1%

DVN Growth Ratios

CAGR 3y -16.26%
CAGR/Max DD Calmar Ratio -0.29
CAGR/Mean DD Pain Ratio -0.52
Current Volume 8369.7k
Average Volume 7610.7k

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income (2.72b TTM) > 0 and > 6% of Revenue (6% = 1.01b TTM)
FCFTA 0.05 (>2.0%) and ΔFCFTA 7.31pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -1.04% (prev 2.15%; Δ -3.18pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.12 (>3.0%) and CFO 3.61b > Net Income 2.72b (YES >=105%, WARN >=100%)
Net Debt (7.27b) to EBITDA (7.76b) ratio: 0.94 <= 3.0 (WARN <= 3.5)
Current Ratio 0.96 (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 2.09% (target <= -2.0% for YES)
Gross Margin 23.20% (prev 30.87%; Δ -7.67pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 54.90% (prev 50.18%; Δ 4.72pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 7.75 (EBITDA TTM 7.76b / Interest Expense TTM 527.0m) >= 6 (WARN >= 3)

Altman Z'' 2.52

(A) -0.01 = (Total Current Assets 3.87b - Total Current Liabilities 4.04b) / Total Assets 31.22b
(B) 0.31 = Retained Earnings (Balance) 9.79b / Total Assets 31.22b
(C) 0.13 = EBIT TTM 4.09b / Avg Total Assets 30.74b
(D) 0.61 = Book Value of Equity 9.73b / Total Liabilities 15.87b
Total Rating: 2.52 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 68.58

1. Piotroski 7.0pt = 2.0
2. FCF Yield 5.71% = 2.86
3. FCF Margin 9.62% = 2.40
4. Debt/Equity 0.56 = 2.35
5. Debt/Ebitda 0.94 = 1.85
6. ROIC - WACC (= 5.25)% = 6.56
7. RoE 18.29% = 1.52
8. Rev. Trend 38.95% = 2.92
9. EPS Trend -77.74% = -3.89

What is the price of DVN shares?

As of November 15, 2025, the stock is trading at USD 35.84 with a total of 8,369,713 shares traded.
Over the past week, the price has changed by +6.35%, over one month by +9.57%, over three months by +6.61% and over the past year by -6.45%.

Is Devon Energy a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Devon Energy (NYSE:DVN) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 68.58 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of DVN is around 32.78 USD . This means that DVN is currently overvalued and has a potential downside of -8.54%.

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 44.8 25.1%
Analysts Target Price 44.8 25.1%
ValueRay Target Price 36.4 1.5%

DVN Fundamental Data Overview November 11, 2025

Market Cap USD = 21.14b (21.14b USD * 1.0 USD.USD)
P/E Trailing = 7.9481
P/E Forward = 8.0451
P/S = 1.277
P/B = 1.4466
P/EG = 14.898
Beta = 0.684
Revenue TTM = 16.88b USD
EBIT TTM = 4.09b USD
EBITDA TTM = 7.76b USD
Long Term Debt = 8.40b USD (from longTermDebt, last fiscal year)
Short Term Debt = 998.0m USD (from shortTermDebt, last quarter)
Debt = 8.55b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 7.27b USD (from netDebt column, last quarter)
Enterprise Value = 28.41b USD (21.14b + Debt 8.55b - CCE 1.28b)
Interest Coverage Ratio = 7.75 (Ebit TTM 4.09b / Interest Expense TTM 527.0m)
FCF Yield = 5.71% (FCF TTM 1.62b / Enterprise Value 28.41b)
FCF Margin = 9.62% (FCF TTM 1.62b / Revenue TTM 16.88b)
Net Margin = 16.11% (Net Income TTM 2.72b / Revenue TTM 16.88b)
Gross Margin = 23.20% ((Revenue TTM 16.88b - Cost of Revenue TTM 12.96b) / Revenue TTM)
Gross Margin QoQ = 23.90% (prev 21.20%)
Tobins Q-Ratio = 0.91 (Enterprise Value 28.41b / Total Assets 31.22b)
Interest Expense / Debt = 1.46% (Interest Expense 125.0m / Debt 8.55b)
Taxrate = 24.01% (219.0m / 912.0m)
NOPAT = 3.10b (EBIT 4.09b * (1 - 24.01%))
Current Ratio = 0.96 (Total Current Assets 3.87b / Total Current Liabilities 4.04b)
Debt / Equity = 0.56 (Debt 8.55b / totalStockholderEquity, last quarter 15.35b)
Debt / EBITDA = 0.94 (Net Debt 7.27b / EBITDA 7.76b)
Debt / FCF = 4.48 (Net Debt 7.27b / FCF TTM 1.62b)
Total Stockholder Equity = 14.86b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.71% (Net Income 2.72b / Total Assets 31.22b)
RoE = 18.29% (Net Income TTM 2.72b / Total Stockholder Equity 14.86b)
RoCE = 17.57% (EBIT 4.09b / Capital Employed (Equity 14.86b + L.T.Debt 8.40b))
RoIC = 13.17% (NOPAT 3.10b / Invested Capital 23.58b)
WACC = 7.92% (E(21.14b)/V(29.69b) * Re(10.67%) + D(8.55b)/V(29.69b) * Rd(1.46%) * (1-Tc(0.24)))
Discount Rate = 10.67% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.16%
[DCF Debug] Terminal Value 59.61% ; FCFE base≈1.62b ; Y1≈1.07b ; Y5≈487.4m
Fair Price DCF = 10.54 (DCF Value 6.61b / Shares Outstanding 627.3m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: -77.74 | EPS CAGR: -15.64% | SUE: 1.07 | # QB: 1
Revenue Correlation: 38.95 | Revenue CAGR: -0.85% | SUE: 0.54 | # QB: 0

Additional Sources for DVN Stock

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