(DVN) Devon Energy - Overview
Stock: Oil, Gas, Liquids
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.74% |
| Yield on Cost 5y | 6.63% |
| Yield CAGR 5y | -16.45% |
| Payout Consistency | 90.9% |
| Payout Ratio | 31.1% |
| Risk 5d forecast | |
|---|---|
| Volatility | 30.9% |
| Relative Tail Risk | -1.56% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.82 |
| Alpha | 13.43 |
| Character TTM | |
|---|---|
| Beta | 1.245 |
| Beta Downside | 1.871 |
| Drawdowns 3y | |
|---|---|
| Max DD | 53.62% |
| CAGR/Max DD | -0.15 |
Description: DVN Devon Energy December 17, 2025
Devon Energy Corporation (NYSE: DVN) is an independent U.S. oil and gas producer focused on the exploration, development, and production of crude oil, natural gas, and natural gas liquids across five major basins: the Delaware Basin (NM/TX), Eagle Ford, Anadarko, Williston, and Powder River. Founded in 1971 and headquartered in Oklahoma City, the company operates exclusively within the United States.
As of the latest 2023 annual report, Devon reported average daily production of roughly 388 kboe/d, with oil accounting for about 68 % of the mix, and generated $2.1 billion of operating cash flow, supporting a net debt-to-EBITDA ratio near 1.3×-both metrics indicating strong liquidity and a relatively low leverage profile for a mid-cap E&P firm.
Key economic drivers for Devon include U.S. crude price trends (WTI ± $10 range historically moves earnings by ~5 % per $1 change), capital-intensive drilling cycles in the Delaware and Eagle Ford basins, and the broader macro-environment of interest rates that affect financing costs and the attractiveness of upstream investment.
For a deeper, data-rich view of Devon’s valuation dynamics, a quick look at ValueRay’s analyst dashboards can help you spot any emerging risk-adjusted opportunities.
Piotroski VR‑10 (Strict, 0-10) 8.0
| Net Income: 2.72b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA 11.82 > 1.0 |
| NWC/Revenue: -1.04% < 20% (prev 2.15%; Δ -3.18% < -1%) |
| CFO/TA 0.22 > 3% & CFO 6.84b > Net Income 2.72b |
| Net Debt (7.27b) to EBITDA (7.76b): 0.94 < 3 |
| Current Ratio: 0.96 > 1.5 & < 3 |
| Outstanding Shares: last quarter (636.0m) vs 12m ago 2.09% < -2% |
| Gross Margin: 23.20% > 18% (prev 0.31%; Δ 2289 % > 0.5%) |
| Asset Turnover: 54.90% > 50% (prev 50.18%; Δ 4.72% > 0%) |
| Interest Coverage Ratio: 7.75 > 6 (EBITDA TTM 7.76b / Interest Expense TTM 527.0m) |
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 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) |
| Altman-Z'' Score: 2.52 = A |
Beneish M -2.84
| DSRI: 0.93 (Receivables 1.83b/1.78b, Revenue 16.88b/15.19b) |
| GMI: 1.33 (GM 23.20% / 30.87%) |
| AQI: 1.00 (AQ_t 0.06 / AQ_t-1 0.06) |
| SGI: 1.11 (Revenue 16.88b / 15.19b) |
| TATA: -0.13 (NI 2.72b - CFO 6.84b) / TA 31.22b) |
| Beneish M-Score: -2.84 (Cap -4..+1) = A |
What is the price of DVN shares?
Over the past week, the price has changed by +8.95%, over one month by +22.07%, over three months by +35.96% and over the past year by +34.74%.
Is DVN a buy, sell or hold?
- 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 | 46.8 | 6.8% |
| Analysts Target Price | 46.8 | 6.8% |
| ValueRay Target Price | 46.1 | 5.2% |
DVN Fundamental Data Overview February 05, 2026
P/E Forward = 11.236
P/S = 1.5578
P/B = 1.6612
P/EG = 14.898
Revenue TTM = 16.88b USD
EBIT TTM = 4.09b USD
EBITDA TTM = 7.76b USD
Long Term Debt = 7.39b USD (from longTermDebt, last quarter)
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 = 33.11b USD (25.79b + Debt 8.55b - CCE 1.23b)
Interest Coverage Ratio = 7.75 (Ebit TTM 4.09b / Interest Expense TTM 527.0m)
EV/FCF = 10.92x (Enterprise Value 33.11b / FCF TTM 3.03b)
FCF Yield = 9.15% (FCF TTM 3.03b / Enterprise Value 33.11b)
FCF Margin = 17.96% (FCF TTM 3.03b / 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 = 1.06 (Enterprise Value 33.11b / 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 = 2.40 (Net Debt 7.27b / FCF TTM 3.03b)
Total Stockholder Equity = 14.86b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.84% (Net Income 2.72b / Total Assets 31.22b)
RoE = 18.29% (Net Income TTM 2.72b / Total Stockholder Equity 14.86b)
RoCE = 18.36% (EBIT 4.09b / Capital Employed (Equity 14.86b + L.T.Debt 7.39b))
RoIC = 13.14% (NOPAT 3.10b / Invested Capital 23.62b)
WACC = 8.16% (E(25.79b)/V(34.34b) * Re(10.50%) + D(8.55b)/V(34.34b) * Rd(1.46%) * (1-Tc(0.24)))
Discount Rate = 10.50% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.16%
[DCF Debug] Terminal Value 69.48% ; FCFF base≈3.03b ; Y1≈1.99b ; Y5≈907.8m
Fair Price DCF = 16.10 (EV 17.26b - Net Debt 7.27b = Equity 9.99b / Shares 620.3m; r=8.16% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: -81.91 | EPS CAGR: -51.73% | SUE: -4.0 | # QB: 0
Revenue Correlation: -39.68 | Revenue CAGR: 0.0% | SUE: 0.54 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.82 | Chg30d=-0.191 | Revisions Net=-11 | Analysts=16
EPS next Year (2026-12-31): EPS=3.65 | Chg30d=-0.518 | Revisions Net=-15 | Growth EPS=-9.2% | Growth Revenue=-11.2%