Devon Energy (DVN) Stock Price

Devon Energy Price

🇺🇸NYSE·CLOSED
42.73USD
Market closed
Today +/-
Today %

Devon Energy (DVN) Stock | ISIN US25179M1036 | WKN 925345. The current Devon Energy stock price is 42.73 USD (2026). Revenue is 17.07 B USD. Net income is 2.03 B USD. The P/E ratio is 13.35. Market capitalization is 27.05 B USD. Devon Energy operates in the Energy sector.

Over the last 19 years Devon Energy grew revenue by 3% annually, reaching 17.19 B USD. Earnings per share have declined at 2.2% per year over the last 19 years. For Devon Energy, the net margin of 15.4% is down versus 22.8% a few years ago. At today's price the dividend yield works out to roughly 2.25%. The payout ratio is around 44% of earnings. The dividend has grown at 4.1% per year over the past 19 years.

Devon Energy stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Devon Energy over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Devon Energy stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Devon Energy's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Devon Energy Stock Price History
DateDevon Energy Price
Access this data via the Eulerpool API

Devon Energy Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2006
9.77 B USD
4.09 B USD
2.84 B USD
Jan 1, 2007
9.98 B USD
3.67 B USD
3.6 B USD
Jan 1, 2008
13.86 B USD
5.99 B USD
-2.12 B USD
Jan 1, 2009
8.02 B USD
2.16 B USD
-2.45 B USD
Jan 1, 2010
9.94 B USD
3.93 B USD
4.52 B USD
Jan 1, 2011
11.45 B USD
4.63 B USD
4.68 B USD
Jan 1, 2012
9.5 B USD
2.16 B USD
-209 M USD
Jan 1, 2013
10.4 B USD
2.61 B USD
-22 M USD
Jan 1, 2014
19.57 B USD
5.63 B USD
1.59 B USD
Jan 1, 2015
13.15 B USD
-1.42 B USD
-12.9 B USD
Jan 1, 2016
10.3 B USD
-208 M USD
-1.06 B USD
Jan 1, 2017
6.5 B USD
152 M USD
897 M USD
Jan 1, 2018
8.9 B USD
1.49 B USD
3.06 B USD
Jan 1, 2019
6.22 B USD
181 M USD
-357 M USD
Jan 1, 2020
4.83 B USD
-113 M USD
-2.68 B USD

Devon Energy Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 18, 2026, 3:08 AM
 
REVENUE (B USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B USD)
NET INCOME (B USD)
NET INCOME GROWTH (%)
DIV. (USD)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
202420252026e2027e2028e2029e2030e2031e
15.9417.1917.0716.1120.3715.6614.8414.34
4.477.83-0.7-5.5926.39-23.09-5.24-3.37
49.9646.4646.7849.5539.2150.9853.855.67
7.967.997.997.997.997.997.997.99
2.892.642.032.462.953.624.333.45
-22.84-8.61-23.3221.4719.7522.719.8-20.48
1.320.960.961.661.97---
-36.23-27.2772.9218.67
634633633633633633633633
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Devon Energy generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Devon Energy retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Devon Energy's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Devon Energy has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Devon Energy's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Devon Energy stock margins

The Devon Energy margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Devon Energy. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Devon Energy.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2006
85.41 %
41.88 %
29.04 %
Jan 1, 2007
84.64 %
36.81 %
36.05 %
Jan 1, 2008
86.64 %
43.24 %
-15.31 %
Jan 1, 2009
79.16 %
26.97 %
-30.54 %
Jan 1, 2010
83.01 %
39.53 %
45.51 %
Jan 1, 2011
81.66 %
40.45 %
40.9 %
Jan 1, 2012
75.81 %
22.72 %
-2.2 %
Jan 1, 2013
75.54 %
25.06 %
-0.21 %
Jan 1, 2014
86.24 %
28.75 %
8.13 %
Jan 1, 2015
81.45 %
-10.81 %
-98.14 %
Jan 1, 2016
82.5 %
-2.02 %
-10.27 %
Jan 1, 2017
87.83 %
2.34 %
13.8 %
Jan 1, 2018
87.04 %
16.77 %
34.35 %
Jan 1, 2019
80.76 %
2.91 %
-5.74 %
Jan 1, 2020
76.74 %
-2.34 %
-55.59 %

Devon Energy Stock Revenue, EBIT, Earnings per Share

The Devon Energy earnings per share therefore indicates how much revenue Devon Energy has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2006
21.8 USD
9.13 USD
6.33 USD
Jan 1, 2007
22.37 USD
8.23 USD
8.06 USD
Jan 1, 2008
31.57 USD
13.65 USD
-4.83 USD
Jan 1, 2009
18.26 USD
4.92 USD
-5.58 USD
Jan 1, 2010
22.8 USD
9.01 USD
10.38 USD
Jan 1, 2011
27.38 USD
11.08 USD
11.2 USD
Jan 1, 2012
23.75 USD
5.4 USD
-0.52 USD
Jan 1, 2013
25.86 USD
6.48 USD
-0.05 USD
Jan 1, 2014
48.07 USD
13.82 USD
3.91 USD
Jan 1, 2015
31.91 USD
-3.45 USD
-31.31 USD
Jan 1, 2016
20.09 USD
-0.41 USD
-2.06 USD
Jan 1, 2017
12.5 USD
0.29 USD
1.73 USD
Jan 1, 2018
18.01 USD
3.02 USD
6.19 USD
Jan 1, 2019
15.51 USD
0.45 USD
-0.89 USD
Jan 1, 2020
12.81 USD
-0.3 USD
-7.12 USD

Devon Energy business model & stock analysis

Devon Energy Corp is an American company based in Oklahoma City, Oklahoma. It was founded in 1971 by J. Larry Nichols and John Nichols. The original business idea was the exploration and production of oil and gas. In later years, Devon Energy's business model expanded to include the entire range of the oil and gas industry. The company produces and markets oil, natural gas, NGL (Natural Gas Liquids), and electric power. In recent years, the company has specialized in the exploration and production of shale gas and shale oil, which now makes up a majority of the company. Devon Energy Corp is divided into various divisions, including exploration and production in the USA and Canada, processing and marketing of NGLs, and electricity production. The company is able to offer everything from exploration and development of new resources to processing and marketing in the USA and Canada. The main products of Devon Energy Corp are oil, natural gas, and NGLs. The company is one of the largest producers of natural gas in the USA and one of the top 20 companies in oil production in North America. It has reserves of more than 3 billion barrels of oil equivalent (BOE). The company places a strong emphasis on sustainability and environmental consciousness. For example, in the production of shale gas and shale oil, state-of-the-art technologies are used to minimize the impact on the environment. In recent years, Devon Energy Corp has responded to changes in the energy market and begun investing in renewable energy. For example, the company acquired a solar power plant in California and is currently planning new wind projects. Devon Energy Corp has a rich history. In 1997, it acquired Mitchell Energy, a company specializing in oil and gas exploration and production, thus becoming a leader in shale gas production. The sale of assets and business areas in recent years has allowed the company to focus on its core competencies and emerge stronger from the crisis. Overall, Devon Energy Corp is a modern, innovative company that offers its customers a wide range of products and services. Its commitment to sustainability and investment in renewable energy demonstrate that the company is willing to face current challenges and establish itself in the long term.

Devon Energy SWOT Analysis

Strengths

Devon Energy Corp maintains a solid financial position, characterized by strong cash flow and healthy balance sheets. This allows the company to fund its operations and investments, reducing dependency on external sources of financing.

With a wide range of high-quality assets in various geographic locations, Devon Energy Corp enjoys a diversified portfolio. This provides the company with flexibility in exploration, development, and production activities, mitigating risks associated with specific areas or projects.

Devon Energy Corp possesses advanced technological capabilities, enabling efficient and cost-effective exploration and production operations. By leveraging innovative technologies, the company is able to optimize production, reduce costs, and improve operational efficiency.

Weaknesses

Devon Energy Corp is highly exposed to fluctuations in oil and gas prices, which can significantly impact its profitability. Any decline in prices can lead to reduced revenues and potential financial constraints for the company.

The energy industry is subject to volatile market conditions influenced by geopolitical factors, economic trends, and environmental regulations. These uncertainties pose challenges to Devon Energy Corp's strategic planning and long-term decision-making.

Opportunities

Devon Energy Corp has the opportunity to invest in renewable energy sources such as wind, solar, or geothermal. Diversifying their energy portfolio could provide long-term growth potential, contribute to environmental sustainability, and align with the increasing global focus on renewable energy.

Devon Energy Corp can explore opportunities to expand its operations and establish a stronger foothold in international markets. This would allow the company to access new resources, diversify its revenue streams, and mitigate risks associated with a single market.

Threats

Devon Energy Corp faces intense competition from other major energy companies operating in the same markets. This competition can lead to price wars, reduced market share, and limitations on the company's growth potential.

Increasing environmental regulations pose a threat to Devon Energy Corp's operations. Stricter regulations regarding emissions, drilling practices, and environmental impact could result in increased compliance costs and operational restrictions.

Devon Energy Segments

Devon Energy Revenue by Segment (1/5)

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Details
Date
Oil
Gas
NGL
Jan 1, 2014
0 USD
0 USD
0 USD
Jan 1, 2017
0 USD
0 USD
0 USD

Devon Energy Revenue by Segment (2/5)

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  • Max

Details
Date
Oil, Gas and NGL Sales
Marketing and Midstream Revenues
Jan 1, 2014
0 USD
0 USD
Jan 1, 2017
0 USD
0 USD

Devon Energy Revenue by Segment (3/5)

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  • Max

United States Business Segment
Canada Business Segment
Details
Date
United States Business Segment
Canada Business Segment
Jan 1, 2014
0 USD
0 USD
Jan 1, 2017
7.33 B USD
1.55 B USD

Devon Energy Revenue by Segment (4/5)

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General Partner and EnLink
C [A]
Enlink
Details
Date
General Partner and EnLink
C [A]
Enlink
Jan 1, 2014
0 USD
2.06 B USD
859 M USD
Jan 1, 2017
5.07 B USD
0 USD
0 USD

Devon Energy Revenue by Segment (5/5)

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U [S]
Details
Date
U [S]
Jan 1, 2014
14.86 B USD
Jan 1, 2017
0 USD

Devon Energy Eulerpool Fair Value

Devon Energy historical P/E ratio, EBIT multiple, and P/S ratio

Devon Energy annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Devon Energy shares outstanding

The number of shares was Devon Energy in 2025 — This indicates how many shares 633 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2006
448 M base_Shares
Jan 1, 2007
446 M base_Shares
Jan 1, 2008
439 M base_Shares
Jan 1, 2009
439 M base_Shares
Jan 1, 2010
436 M base_Shares
Jan 1, 2011
418 M base_Shares
Jan 1, 2012
400 M base_Shares
Jan 1, 2013
402 M base_Shares
Jan 1, 2014
407 M base_Shares
Jan 1, 2015
412 M base_Shares
Jan 1, 2016
513 M base_Shares
Jan 1, 2017
520 M base_Shares
Jan 1, 2018
494 M base_Shares
Jan 1, 2019
401 M base_Shares
Jan 1, 2020
377 M base_Shares

Devon Energy Dividend History

34 years of dividend payments

YearAnnual DividendYoY ChangePayments
20260.24USDYTD
Mar 13, 20260.24USD 0.0%1/1
20250.96USD 5.0%
Mar 14, 20250.24USD 9.1%1/4
Jun 13, 20250.24USD 0.0%2/4
Sep 15, 20250.24USD 0.0%3/4
Dec 15, 20250.24USD 0.0%4/4
20241.01USD 51.2%
20232.07USD 57.0%
20224.81USD 157.2%
20211.87USD 175.0%
20200.68USD 94.3%
20190.35USD 16.7%
20180.3USD 25.0%
20170.24USD 42.9%

Devon Energy dividend history and estimates

In 2025, Devon Energy paid a dividend amounting to 0.96 USD. Dividend means that Devon Energy distributes a portion of its profits to its owners.
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  • Max

Dividend
Dividend (Estimate)
Special dividend
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Jan 1, 2006
0.45 USD
0 USD
0 USD
Jan 1, 2007
0.56 USD
0 USD
0 USD
Jan 1, 2008
0.64 USD
0 USD
0 USD
Jan 1, 2009
0.64 USD
0 USD
0 USD
Jan 1, 2010
0.64 USD
0 USD
0 USD
Jan 1, 2011
0.67 USD
0 USD
0 USD
Jan 1, 2012
0.8 USD
0 USD
0 USD
Jan 1, 2013
1.08 USD
0 USD
0 USD
Jan 1, 2014
0.94 USD
0 USD
0 USD
Jan 1, 2015
0.96 USD
0 USD
0 USD
Jan 1, 2016
0.42 USD
0 USD
0 USD
Jan 1, 2017
0.24 USD
0 USD
0 USD
Jan 1, 2018
0.3 USD
0 USD
0 USD
Jan 1, 2019
0.35 USD
0 USD
0 USD
Invalid Date
0.68 USD
-0.24 USD
0.26 USD

Devon Energy dividend payout ratio

In 2025, Devon Energy had a payout ratio of 43.54%. The payout ratio indicates the percentage of the company's profits that Devon Energy distributes as dividends.
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Payout ratio
Details
Date
Payout ratio
Jan 1, 2006
7.11 %
Jan 1, 2007
6.95 %
Jan 1, 2008
-13.25 %
Jan 1, 2009
-11.49 %
Jan 1, 2010
6.17 %
Jan 1, 2011
5.99 %
Jan 1, 2012
-153.85 %
Jan 1, 2013
-2,160 %
Jan 1, 2014
24.04 %
Jan 1, 2015
-3.07 %
Jan 1, 2016
-20.39 %
Jan 1, 2017
13.95 %
Jan 1, 2018
4.85 %
Jan 1, 2019
-39.33 %
Jan 1, 2020
-9.56 %
Price targets and forecasts for Devon Energy are not yet available.

Devon Energy Earnings Estimates

Devon Energy Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
5/5/20261.01USD3.95 BUSD2026 Q1
2/17/20260.83USD3.89 BUSD2025 Q4
5/6/20241.59USD3.62 BUSD2024 Q1
2/12/20241.58USD3.83 BUSD2023 Q4
7/31/20232.21USD5.01 BUSD2023 Q2
5/1/20232.42USD5.2 BUSD2023 Q1
2/13/20232.2USD5.24 BUSD2022 Q4
11/1/20222.15USD5.03 BUSD2022 Q3
8/1/20222.41USD4.86 BUSD2022 Q2
5/2/20221.76USD3.97 BUSD2022 Q1
...

EESG©

Eulerpool ESG Scorecard© for the Devon Energy stock

72/100
71
Environment
98
Social
48
Governance
E

Environment

20
Scope 1 - Direct Emissions4,360,054
Scope 2 - Indirect emissions from purchased energy370,687
Scope 3 - Indirect emissions within the value chain84,000,000
Total CO₂ emissions4,740,000
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees24
Percentage of women in management
Percentage of Asian employees2.3
Share of Asian management0.88
Percentage of Hispanic/Latino employees14.61
Hispano/Latino Management share10.91
Percentage of Black employees2.35
Black Management Share0.29
Percentage of white employees76.25
White Management Share82.89
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Devon Energy shareholder structure

% Name
12.82421%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
6.38541%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
5.6149%
State Street Investment Management (US)
State Street Investment Management (US)
3.02967%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
2.79767%
EnCap Investments L.P.
EnCap Investments L.P.
2.19857%
Victory Capital Management Inc.
Victory Capital Management Inc.
1.65026%
EnCap Partners GP, LLC
EnCap Partners GP, LLC
1.48034%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.
1.39823%
Kimmeridge Energy Management Company, LLC
Kimmeridge Energy Management Company, LLC
1.10236%
Fuller & Thaler Asset Management Inc.
Fuller & Thaler Asset Management Inc.
...

Devon Energy Executives and Management Board

CG

Mr. Clay Gaspar

(53)

President, Chief Executive Officer, Director · since 2021

Compensation7.01 M USD
JR

Mr. Jeffrey Ritenour

(51)

Chief Financial Officer, Executive Vice President

Compensation6.51 M USD
DC

Mr. Dennis Cameron

(62)

Executive Vice President, General Counsel

Compensation4.74 M USD
TC

Ms. Tana Cashion

(53)

Executive Vice President - Human Resources and Administration

Compensation3.87 M USD
JB

Mr. John Bethancourt

(73)

Independent Chairman of the Board

Compensation462,557 USD

Devon Energy Supply Chain

Frequently asked questions about Devon Energy

Devon Energy Corp is primarily present in the United States of America. With its headquarters in Oklahoma City, Oklahoma, the company primarily operates in various regions within the United States. Devon Energy Corp focuses on developing and producing oil and natural gas reserves in key areas such as the Permian Basin, Eagle Ford, Rockies, and Delaware Basin. With a strong presence in these regions, Devon Energy Corp leverages its expertise and strategic assets to maximize production and generate value for its shareholders.

All fundamentals and in-depth analysis of Devon Energy

Our stock analysis for Devon Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Devon Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.