Market Summary
USD47.28+0.69
Delayedas of 25 Sep 2023, 11:48 am1.48%
DVN Stock Price
DVN RSI Chart
DVN Valuation
DVN Price/Sales (Trailing)
DVN Profitability
DVN Fundamentals
DVN Revenue
DVN Earnings
Price Action
52 Week Range
44.0375.78
(Low)(High)
Last 7 days
-6.2%
Last 30 days
-5.6%
Last 90 days
-1.2%
Trailing 12 Months
-23.2%
DVN Financial Health
DVN Investor Care
Historical Charts for Stock Metrics
Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
Get all data in R, Python etc through our Historical Stock Data APIs
Latest Insider Trading transactions for DVN
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-08-04 | CAMERON DENNIS C | sold | -402,393 | 51.13 | -7,870 | evp and general counsel |
2023-06-07 | Kelly Gennifer F. | acquired | - | - | 4,596 | - |
2023-06-07 | MOSBACHER ROBERT A JR | acquired | - | - | 4,596 | - |
2023-06-07 | KRENICKI JOHN | acquired | - | - | 4,596 | - |
2023-06-07 | Williams Valerie | acquired | - | - | 4,596 | - |
2023-06-07 | BAUMANN BARBARA M | acquired | - | - | 4,596 | - |
2023-06-07 | KINDICK KELT | acquired | - | - | 4,596 | - |
2023-06-07 | Fox Ann G | acquired | - | - | 4,596 | - |
2023-06-07 | BAUMANN BARBARA M | acquired | - | - | 6,344 | - |
2023-06-07 | Kurz Karl F | acquired | - | - | 4,596 | - |
Which funds bought or sold DVN recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-21 | Jefferies Group LLC | added | 473 | 3,574,910 | 4,254,200 | 0.04% |
2023-09-21 | Baystate Wealth Management LLC | unchanged | - | -1,902 | 40,509 | -% |
2023-09-20 | BARCLAYS PLC | reduced | -8.42 | -19,887,000 | 138,951,000 | 0.09% |
2023-09-12 | Farther Finance Advisors, LLC | added | 77.64 | 152,144 | 370,600 | 0.08% |
2023-09-12 | Prosperity Wealth Management, Inc. | added | 4.67 | -94.00 | 396,517 | 0.26% |
2023-09-08 | TUCKER ASSET MANAGEMENT LLC | reduced | -88.88 | -109,423 | 13,003 | -% |
2023-09-07 | ST GERMAIN D J CO INC | new | - | 6,816 | 6,816 | -% |
2023-08-30 | Western Wealth Management, LLC | added | 4.49 | -964 | 485,558 | 0.04% |
2023-08-30 | COOPERMAN LEON G | unchanged | - | -5,220,770 | 111,177,000 | 6.03% |
2023-08-30 | CHAPIN DAVIS, INC. | added | 8.33 | 23,902 | 713,113 | 0.34% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Devon Energy
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 11.91% | 77,845,552 | SC 13G/A | |
| Feb 06, 2023 | state street corp | 6.60% | 43,147,852 | SC 13G/A | |
| Jan 25, 2023 | blackrock inc. | 8.7% | 56,828,011 | SC 13G/A | |
| Mar 11, 2022 | blackrock inc. | 9.1% | 61,936,753 | SC 13G/A | |
| Feb 10, 2022 | state street corp | 6.19% | 41,883,352 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 11.05% | 74,797,975 | SC 13G/A | |
| Feb 08, 2022 | blackrock inc. | 9.1% | 61,936,753 | SC 13G | |
| Jan 31, 2022 | invesco ltd. | 2.8% | 19,117,054 | SC 13G/A | |
| Oct 21, 2021 | encap energy capital fund x, l.p. | 0.72% | 4,903,935 | SC 13D/A | |
| Feb 25, 2021 | encap energy capital fund x, l.p. | 0.97% | 0 | SC 13D/A |
Recent SEC filings of Devon Energy
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Aug 07, 2023 | 4 | Insider Trading | |
| Aug 04, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 02, 2023 | 10-Q | Quarterly Report | |
| Aug 01, 2023 | 8-K | Current Report | |
| Jul 11, 2023 | 4/A | Insider Trading |
Peers (Alternatives to Devon Energy)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
APA | - | 8.8B | -5.45% | 9.03% | - | - | -19.24% | -60.57% |
EOG | 71.1B | 25.9B | -4.86% | 4.22% | 8.17 | 2.74 | 16.80% | 52.54% |
OXY | 60.4B | 31.8B | 1.73% | 2.14% | 4.68 | 1.64 | -6.68% | -38.20% |
PXD | 52.2B | 20.3B | -4.70% | -1.58% | 9.02 | 2.57 | -14.26% | -6.45% |
FANG | 27.0B | 8.3B | 1.59% | 20.62% | 7.73 | 3.25 | -8.75% | -9.74% |
DVN | - | 16.8B | -5.57% | -23.23% | - | - | -8.28% | -9.23% |
| MID-CAP | ||||||||
OVV | 12.4B | 13.4B | -3.79% | -3.40% | 3.7 | 0.92 | 15.65% | 37.73% |
RRC | 7.2B | 4.5B | -2.53% | 9.77% | 4.24 | 1.62 | 15.35% | 216.30% |
MTDR | 6.8B | 2.8B | -5.76% | 6.76% | 7.3 | 2.46 | 1.90% | -11.66% |
KOS | 3.3B | 1.6B | 2.44% | 25.53% | 15.28 | 2.01 | -20.41% | 13.75% |
CRK | 2.9B | 2.9B | -9.45% | -42.85% | 2.99 | 1 | 9.57% | 185.64% |
CPE | 2.3B | 2.7B | 2.29% | 2.91% | 2.46 | 0.86 | 12.93% | 24.18% |
OAS | - | 4.0B | - | - | - | - | 72.02% | 99.37% |
| SMALL-CAP | ||||||||
PARR | 2.0B | 7.3B | -5.67% | 103.92% | 3.29 | 0.28 | 21.02% | 508.09% |
LPI | 805.4M | 1.5B | -8.19% | -35.44% | 1.28 | 0.42 | -22.98% | 63.46% |
Devon Energy News
Returns for DVN
Cumulative Returns on DVN
0.5%
10-Year Cumulative Returns
6.0%
7-Year Cumulative Returns
7.7%
5-Year Cumulative Returns
81.3%
3-Year Cumulative Returns
Risks for DVN
What is the probability of a big loss on DVN?
83.1%
Probability that Devon Energy stock will be more than 20% underwater in next one year
76.2%
Probability that Devon Energy stock will be more than 30% underwater in next one year.
44.6%
Probability that Devon Energy stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does DVN drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Devon Energy was unfortunately bought at previous high price.
Drawdowns
Financials for Devon Energy
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | -11.9% | 16,825 | 19,091 | 19,827 | 19,726 | 18,343 | 15,667 | 13,750 | 10,896 | 8,249 | 5,884 | 4,673 | 4,865 | 5,330 | 6,241 | 5,953 | 7,894 | 8,249 | 8,310 | 8,896 | 7,746 | 7,705 |
| S&GA Expenses | 2.0% | 415 | 407 | 395 | 368 | 368 | 378 | 391 | 378 | 358 | 343 | 338 | 375 | 407 | 442 | 475 | 492 | 513 | 534 | 574 | 561 | 603 |
| EBITDA | - | - | - | - | - | 3,298 | 3,306 | 3,284 | 3,008 | 1,572 | 904 | -1,237 | -1,067 | -598 | 396 | 1,945 | 3,610 | - | - | - | - | - |
| EBITDA Margin | - | - | - | - | - | 0.18* | 0.21* | 0.24* | 0.28* | 0.19* | 0.16* | -0.26* | -0.19* | -0.10* | 0.05* | 0.31* | 0.43* | - | - | - | - | - |
| Interest Expenses | 0.8% | 374 | 371 | 370 | 370 | 370 | 390 | 404 | 384 | 348 | 309 | 259 | 260 | 277 | 319 | 308 | 352 | 332 | 362 | 385 | 469 | 459 |
| Earnings Before Taxes | - | - | - | - | - | - | - | - | 1,126 | -31.00 | -1,015 | -3,090 | -3,001 | -2,618 | -1,719 | -109 | 1,711 | 1,416 | 711 | 944 | -809 | -497 |
| EBT Margin | - | - | - | - | - | 0.06* | 0.07* | 0.08* | 0.10* | 0.00* | -0.18* | -0.64* | -0.54* | -0.42* | -0.23* | -0.02* | 0.17* | - | - | - | - | - |
| Net Income | -20.6% | 4,779 | 6,021 | 6,015 | 6,320 | 5,265 | 3,589 | 2,813 | 1,205 | 275 | -651 | -2,680 | -3,220 | -3,019 | -1,854 | -355 | 1,436 | 3,864 | 2,944 | 3,064 | 2,098 | -246 |
| Net Income Margin | -100.0% | - | 0.32* | 0.30* | 0.32* | 0.21* | 0.23* | 0.20* | 0.11* | 0.03* | -0.11* | -0.56* | -0.58* | -0.49* | -0.25* | -0.06* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 8,370 | 8,530 | 8,235 | 7,729 | 4,175 | 2,930 | 1,672 | 861 | 180 | 525 | 746 | 592 | 1,224 | 2,012 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | -0.3% | 23,355 | 23,420 | 23,721 | 23,557 | 23,194 | 21,778 | 21,025 | 21,057 | 20,065 | 20,457 | 9,912 | 10,326 | 10,357 | 11,144 | 13,717 | 14,394 | 16,649 | 18,077 | 19,566 | 20,172 | 29,159 |
| Current Assets | -18.3% | 2,605 | 3,189 | 3,891 | 4,009 | 6,351 | 4,973 | 4,249 | 4,227 | 3,076 | 3,467 | 3,260 | 3,477 | 3,378 | 4,055 | 3,851 | 2,846 | 5,167 | 2,703 | 4,437 | 4,757 | 13,820 |
| Cash Equivalents | -58.1% | 372 | 887 | 1,454 | 1,166 | 3,300 | 2,625 | 2,271 | 2,144 | 1,539 | 1,878 | 2,047 | 1,707 | 1,669 | 1,727 | 1,844 | 1,375 | 3,853 | 1,355 | 2,446 | 3,102 | 1,525 |
| Inventory | -5.2% | 201 | 212 | 201 | - | - | - | 114 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net PPE | 1.3% | 18,763 | 18,515 | 18,106 | 17,793 | 15,113 | 15,074 | 15,008 | 15,078 | 15,189 | 15,274 | 5,393 | 5,556 | 5,686 | 5,780 | 8,593 | 10,177 | 10,037 | 13,864 | 8,462 | 14,202 | 14,121 |
| Goodwill | 0% | 753 | 753 | 753 | 753 | 753 | 753 | 753 | 753 | 753 | 753 | 753 | 753 | 753 | 753 | 753 | 841 | 841 | 841 | 753 | 841 | 841 |
| Current Liabilities | -8.9% | 2,669 | 2,931 | 3,105 | 3,460 | 4,094 | 3,754 | 3,087 | 3,505 | 3,072 | 2,945 | 1,440 | 1,709 | 1,452 | 1,554 | 1,927 | 1,658 | 3,467 | 1,968 | 2,226 | 3,224 | 8,377 |
| Short Term Borrowings | -1.2% | 244 | 247 | 251 | 255 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| LT Debt, Non Current | -0.1% | 6,169 | 6,175 | 6,189 | 6,196 | 6,461 | 6,471 | 6,482 | 6,492 | 6,502 | 7,042 | 4,298 | 4,297 | 4,296 | 4,295 | 4,294 | 4,295 | 4,294 | 5,786 | 4,292 | 5,791 | 5,790 |
| Shareholder's Equity | -0.7% | 11,021 | 11,103 | 11,167 | 10,873 | 10,226 | 9,435 | 9,399 | 9,061 | 8,535 | 8,486 | 3,019 | 3,148 | 3,353 | 4,040 | 5,920 | 6,542 | 6,994 | 7,857 | 9,186 | 8,898 | 12,848 |
| Retained Earnings | 4.8% | 4,940 | 4,712 | 4,297 | 3,981 | 3,107 | 2,013 | 1,692 | 750 | 243 | 218 | 208 | 351 | 586 | 1,298 | 3,148 | 3,812 | 3,738 | 3,280 | 3,650 | 2,505 | 6.00 |
| Additional Paid-In Capital | -3.4% | 6,131 | 6,344 | 6,921 | 6,956 | 7,060 | 7,371 | 7,636 | 8,206 | 8,189 | 8,172 | 2,766 | 2,750 | 2,720 | 2,701 | 2,735 | 2,815 | 3,352 | 3,518 | 4,486 | 5,217 | 6,888 |
| Shares Outstanding | - | - | - | - | - | - | - | - | 561 | 561 | - | 561 | - | - | - | - | - | - | - | - | - | - |
| Minority Interest | 2.4% | 129 | 126 | 129 | 134 | 136 | 135 | 137 | 137 | 136 | 133 | 134 | 125 | 126 | 121 | 118 | - | - | - | - | - | 4,834 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | -15.2% | 7,097 | 8,370 | 8,530 | 8,235 | 7,729 | 6,144 | 4,899 | 3,641 | 2,470 | 1,527 | 1,464 | 1,685 | 1,853 | 2,135 | 2,043 | 1,528 | 1,493 | 1,587 | 1,583 | 1,283 | 1,224 |
| Share Based Compensation | 2.2% | 93.00 | 91.00 | 88.00 | 84.00 | 81.00 | 78.00 | 99.00 | 98.00 | 110 | 109 | 88.00 | 93.00 | 85.00 | 91.00 | 115 | 117 | 119 | 147 | 137 | 128 | 136 |
| Cashflow From Investing | -7.7% | -6,062 | -5,630 | -5,123 | -4,812 | -2,188 | -1,970 | -1,574 | -1,271 | -1,000 | -853 | -1,127 | -1,280 | -1,599 | -1,765 | -1,551 | -1,862 | -1,818 | -1,340 | -1,671 | -1,364 | -1,079 |
| Cashflow From Financing | 10.5% | -3,998 | -4,465 | -4,213 | -4,422 | -3,616 | -3,427 | -3,292 | -2,277 | -1,986 | -1,043 | -306 | -196 | -747 | -935 | -2,061 | -2,936 | -4,099 | -4,348 | -4,377 | -3,509 | -1,780 |
| Dividend Payments | - | - | - | - | - | - | - | - | 1,015 | 633 | 384 | - | 159 | 152 | 136 | - | - | - | - | - | - | - |
| Buy Backs | -9.4% | 928 | 1,024 | 718 | 1,250 | 1,124 | 800 | 589 | - | - | - | 38.00 | 141 | 702 | 889 | 1,849 | 2,506 | 3,643 | 3,884 | 2,956 | 2,929 | 998 |
DVN Income Statement
2023-06-30Consolidated Statements of Comprehensive Earnings - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Revenues from contracts with customers | $ 3,530 | $ 5,796 | $ 7,289 | $ 10,291 |
| Oil, gas and NGL derivatives | (76) | (170) | (12) | (853) |
| Total revenues | 3,454 | 5,626 | 7,277 | 9,438 |
| Production expenses | 719 | 729 | 1,412 | 1,347 |
| Exploration expenses | 10 | 10 | 13 | 12 |
| Depreciation, depletion and amortization | 638 | 528 | 1,253 | 1,017 |
| Asset dispositions | (41) | (14) | (41) | (15) |
| General and administrative expenses | 92 | 84 | 198 | 178 |
| Financing costs, net | 78 | 84 | 150 | 169 |
| Other, net | 10 | 10 | 15 | (51) |
| Total expenses | 2,557 | 3,131 | 5,156 | 5,681 |
| Earnings before income taxes | 897 | 2,495 | 2,121 | 3,757 |
| Income tax expense | 199 | 557 | 420 | 824 |
| Net earnings | 698 | 1,938 | 1,701 | 2,933 |
| Net earnings attributable to noncontrolling interests | 8 | 6 | 16 | 12 |
| Net earnings attributable to Devon | $ 690 | $ 1,932 | $ 1,685 | $ 2,921 |
| Net earnings per share: | ||||
| Basic net earnings per share | $ 1.08 | $ 2.94 | $ 2.61 | $ 4.42 |
| Diluted net earnings per share | $ 1.07 | $ 2.93 | $ 2.6 | $ 4.4 |
| Comprehensive earnings: | ||||
| Net earnings | $ 698 | $ 1,938 | $ 1,701 | $ 2,933 |
| Other comprehensive earnings, net of tax: | ||||
| Pension and postretirement plans | 1 | 1 | 2 | 2 |
| Other comprehensive earnings, net of tax | 1 | 1 | 2 | 2 |
| Comprehensive earnings: | 699 | 1,939 | 1,703 | 2,935 |
| Comprehensive earnings attributable to noncontrolling interests | 8 | 6 | 16 | 12 |
| Comprehensive earnings attributable to Devon | 691 | 1,933 | 1,687 | 2,923 |
| Oil, Gas and NGL Sales [Member] | ||||
| Revenues from contracts with customers | 2,493 | 4,100 | 5,172 | 7,275 |
| Marketing and Midstream Revenues [Member] | ||||
| Revenues from contracts with customers | 1,037 | 1,696 | 2,117 | 3,016 |
| Marketing and Midstream Expenses [Member] | ||||
| Expenses | $ 1,051 | $ 1,700 | $ 2,156 | $ 3,024 |
DVN Balance Sheet
2023-06-30Consolidated Balance Sheets - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 | ||
|---|---|---|---|---|
| ASSETS | ||||
| Cash, cash equivalents and restricted cash | $ 488 | $ 1,454 | ||
| Accounts receivable | 1,519 | 1,767 | ||
| Inventory | 201 | 201 | ||
| Other current assets | 397 | 469 | ||
| Total current assets | 2,605 | 3,891 | ||
| Oil and gas property and equipment, based on successful efforts accounting, net | 17,317 | 16,567 | ||
| Other property and equipment, net ($112 million and $109 million related to CDM in 2023 and 2022, respectively) | [1] | 1,446 | 1,539 | |
| Total property and equipment, net | 18,763 | 18,106 | ||
| Goodwill | 753 | 753 | ||
| Right-of-use assets | 266 | 224 | ||
| Investments | 675 | 440 | ||
| Other long-term assets | 293 | 307 | ||
| Total assets | 23,355 | 23,721 | ||
| LIABILITIES AND EQUITY | ||||
| Accounts payable | 843 | 859 | ||
| Revenues and royalties payable | 1,199 | 1,506 | ||
| Short-Term Debt | 244 | 251 | ||
| Other current liabilities | 383 | 489 | ||
| Total current liabilities | 2,669 | 3,105 | ||
| Long-term debt | 6,169 | 6,189 | ||
| Lease liabilities | 299 | 257 | ||
| Asset retirement obligations | 548 | 511 | ||
| Other long-term liabilities | 858 | 900 | ||
| Deferred income taxes | 1,662 | 1,463 | ||
| Stockholders' equity: | ||||
| Common stock, $0.10 par value. Authorized 1.0 billion shares; issued 645 million and 653 million shares in 2023 and 2022, respectively | 64 | 65 | ||
| Additional paid-in capital | 6,131 | 6,921 | ||
| Retained earnings | 4,940 | 4,297 | ||
| Accumulated other comprehensive loss | (114) | (116) | ||
| Total stockholders’ equity attributable to Devon | 11,021 | 11,167 | ||
| Noncontrolling interests | 129 | 129 | ||
| Total equity | 11,150 | 11,296 | ||
| Total liabilities and equity | $ 23,355 | $ 23,721 | ||
| ||||
Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 5,134 gross wells. Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.