Devon Energy (DVN)
Energy · Oil & Gas Exploration & Production · NYSE
Devon Energy is a US-based, shale-focused independent oil and gas producer committed to operational efficiency and disciplined capital returns through cycles.
What Devon Energy does
Devon Energy is an independent oil and natural gas exploration and production company with operations focused exclusively onshore in the United States. Its assets are primarily located in the Delaware Basin, Rockies, Eagle Ford, and Anadarko Basin, with a strategic emphasis on maximizing free cash flow, operational efficiency, and returning capital to shareholders. The company manages an integrated portfolio that includes the exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs).
Themes: US shale production, Oil and gas exploration and production, Energy independence, Commodity price hedging, Capital allocation and shareholder returns
Fundamentals
- Price$48.92 as of 2026-10-08 close
- Market cap$53.8B as of 2026-07-22 (share count; price 2026-10-08)
- 1-year return+39.9% 2025-10-08 close $34.97 → 2026-10-08 close $48.92
- P/E11.58 as of 2026-10-08
- Net margin+15.4% FY2025, SEC XBRL
- ROE+17.0% FY2025, SEC XBRL
- Debt / equity0.27 as of 2026-09-03
- Revenue growth (YoY)+14.6% as of 2026-09-03
- Revenue CAGR (3y)-3.6% SEC XBRL
- Beta0.74 as of 2026-09-03
- Last reported earnings2026-08-04 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +2.6%; at least 1 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How DVN compares in its sector
- price-to-earnings ratiomiddle range 108 covered Energy peers, as of 2026-10-08
- net profit marginmiddle range 135 covered Energy peers, as of 2026-09-03
- return on equitytop 25% 143 covered Energy peers, as of 2026-09-03
- 3-year revenue CAGRmiddle range 137 covered Energy peers
- indicated dividend yieldmiddle range 101 covered Energy peers, as of 2026-09-03
- free cash flow (absolute dollars, latest fiscal year)top 10% 94 covered Energy peers, as of FY2025
Position among covered Energy companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
DVN is not currently in any published Top 10 list. Its scores are below.
Top 10 score
63.7 #129 of 1,379 scored · #13 of 78 in Energy
Trend 79th (it is 7.2% below its highest point of the past year) and valuation 77th (price to book 1.3, price to earnings 11.6); weakest is growth (39th, 3-year revenue CAGR -3.6%, revenue growth year over year 14.6%).
Scores as of 8 Oct 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 4.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, DVN's dividend was covered by reported results (earnings payout 23%, free-cash-flow payout 20%). This describes past coverage, not a forecast.
- Earnings payout23% dividends / net income
- Free-cash-flow payout20% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How Devon Energy looks technically
Devon Energy (DVN) is trading 9.4% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 268 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 12, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 57, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 1 trading day ago (its momentum flipped positive). It made a new 20-day low about 7 trading days ago.
Trend
7
| Distance from the 200-day | it is trading 9.4% above its 200-day average, the long-term trend line — a longer-term uptrend | +9.4% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $47.28 | $47.28 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $44.71 | $44.71 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing low 9 calendar days ago — the swings before that are what the structure reading is measured on | 9 sessions |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 268 trading days ago — a "golden cross", a bullish long-term signal | 268 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 12, below the 25 that marks a real trend) | 11.9 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 57, neither overbought (above 70) nor oversold (below 30) | 56.5 |
|---|---|---|
| Position in its 14-day range | it is trading near the top of its 14-day range ($45.56 to $49.71) — its "stochastic" reading is 81 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 81.0 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 1 trading day ago (its momentum flipped positive) | 1 session |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $52.70 | $52.70 |
|---|---|---|
| From the 52-week high | it is 7.2% below its 52-week high (its highest price of the past year) | -7.2% |
| Above the 52-week low | it is 55.4% above its 52-week low (its lowest price of the past year) | +55.5% |
| Below the 52-week high | it is 7.2% below its highest point of the past year | 7.2% |
| Since a 20-day breakout | it made a new 20-day low about 7 trading days ago | 7 sessions |
| Since a 55-day breakout | it made a new 55-day high about 18 trading days ago | 18 sessions |
| All-time high | its highest closing price on record is $127.43 (set on 2008-07-02) | $127.43 |
| Given back of the 52-week move | over the past year its closes ranged ($31.74 to $52.07), and it has given back roughly a quarter of its rise from last year’s low — 15% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $38.86 to $39.51. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 15.5% |
| From the all-time high | it is 61.6% below its all-time high | -61.6% |
| Nearest price level | it is trading 2.1% below a resistance level at $49.93 — a price it turned at three times since 2026-05-19, most recently on 2026-09-24. Since 2024-10-08 it has 11 such levels below the current price and 2 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +2.1% |
| All-time low | its lowest closing price on record is $4.70 (set on 2020-03-18) | $4.70 |
| Above the all-time low | it is 940.9% above its all-time low | +940.9% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 79% of it) | 21st percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $1.45 between its high and its low — about 3.0% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $1.45 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $45.60 and $50.66 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $45.60 – $48.13 – $50.66 |
| Typical daily range (% of price) | its price moves about 3.0% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 3.0% |
| Stretch from the 200-day average | it is trading 2.9 daily ranges above its 200-day average price (9.4% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 2.9 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.00× |
|---|
Analyst
2
| Change in the average price target | analysts have raised their average price target by 0.3% since the prior reading | +0.3% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a bullish engulfing | 5 sessions ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 5 sessions ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-10-08 2.5% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close | +2.5% |
|---|---|---|
| Open gap | it gapped 2.5% above the previous close today and has not traded back through the level it left behind at 47.88 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +2.5% |
| Gap filled | a 2.1% gap down opened on 2026-09-29 has been "filled" 7 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 7 sessions ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock has tracked the market almost exactly (the stock gained 1.1% while the market gained 1.0%) | +0.0% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 9.1 percentage points (the stock gained 13.0% while the market gained 3.8%) | +9.1% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 18.9 percentage points (the stock lost 1.5% while the market gained 17.5%) | -18.9% |
| vs market, 12 months | over the past 12 months this stock beat the market by 24.9 percentage points (the stock gained 39.9% while the market gained 15.0%) | +24.9% |
Signal agreement
2
| Bullish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, MACD momentum is positive, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 9 |
|---|---|---|
| Bearish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bearish state: lagging the market over 6 months, near the top of its 14-day range (overbought) — these describe past price behaviour, not a forecast | 2 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 4.3% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is moderate, spanning 4.2% of the share price. | +4.3% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 8% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $45.43 — a volume-weighted average of daily closes over 190 sessions, not a true tick-by-tick VWAP. | +7.7% |
|---|---|---|
| Vs the average paid since it last reported | the price is 3% above the average price paid since it last reported on 2026-08-04 (its 8-K), so the typical buyer over that stretch is showing a gain. That average is $47.58 — a volume-weighted average of daily closes over 47 sessions, not a true tick-by-tick VWAP. | +2.8% |
Price levels it has turned at before
DVN last closed at $48.92 on 2026-10-08. Since 2024-10-08 it has turned at 11 prices below its last close and 2 above; the 3 nearest below and the 2 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $49.93 | Resistance | 2.1% above the last close | turned there three times · 2026-05-19 to 2026-09-24 |
| $46.02 | Support | 5.9% below the last close | turned there four times · 2026-02-19 to 2026-09-29 |
| $51.83 | Resistance | 5.9% above the last close | turned there twice · 2026-05-05 to 2026-09-14 |
| $43.91 | Support | 10.2% below the last close | turned there twice · 2026-05-07 to 2026-05-29 |
| $41.93 | Support | 14.3% below the last close | turned there five times · 2026-02-26 to 2026-08-05 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · MACD just crossed bullish (12/26/9) · trendless / choppy (low ADX) · lagging the market · At the top of its 14-day range (stochastic above 80) · Trading above the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · macd · breakout
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (1.31 mean, 1=Strong Buy…5=Strong Sell) — 28 analysts
- Mean price target$60.57 range $44.00 – $68.00; median $61.50
Analyst estimates, as of 2026-10-08. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for DVN
- Consensus EPS estimate$1.27 next reporting period, as of 2026-10-08
- Estimate change, 30 days+$0.0148 (+1.2%) from $1.25, on 2026-09-03, 35-day window
- Readings revised upward38% of 8 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Volatility of global oil, natural gas, and NGL prices driven by geopolitical events and OPEC+ policies.","Operational, environmental, and regulatory risks, including potential constraints on infrastructure, water disposal, and federal land access.","Inherent uncertainties in estimating reserves and the risks associated with capital-intensive exploration and acquisition activities."]
What changed in the latest 10-Q
AI-assisted comparison of DVN's 10-Q filed 2026-08-05 against the prior one filed 2026-05-06.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing (2026-08-05) states the discussion covers 'the three-month and six-month periods ended June 30, 2026'.
- Removed:
- Older filing (2026-05-06) stated the discussion covers 'the three-month period ended March 31, 2026'.
- Reworded:
- Newer filing changed the reporting period reference from 'the three-month period ended March 31, 2026' to 'the three-month and six-month periods ended June 30, 2026'.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
1 open-market purchase and 1 open-market sale by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-05. The 4 days since 2026-10-05 have not been checked yet.
- Last 30 days · read to 2026-10-051 buy ($199876) · 1 sell ($344218) — 1 buying, 1 selling insiders
- Last 90 days · read to 2026-10-051 buy ($199876) · 1 sell ($344218) — 1 buying, 1 selling insiders
- Last 180 days · read to 2026-10-051 buy ($199876) · 5 sells ($58M) — 1 buying, 5 selling insiders
Activity heuristic: mixed (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-09-14. Based on Form 4 filings read through 2026-10-05; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about DVN's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
U.S. House trading disclosures
U.S. House members publicly disclose their own, their spouse's, and dependent children's stock transactions under the STOCK Act. We hold 18 matched disclosures for DVN from U.S. House Clerk Periodic Transaction Report filings.
U.S. House trading disclosures →Institutional ownership (13F)
5 institutional 13F filers reported holding DVN as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 198,865,898
- Reported value $8,217,138,890
reported quarterly holdings change (2026-03-31 → 2026-06-30): 1 new, 3 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about DVN's institutional holders → See what each manager we track holds →
Short interest (FINRA)
DVN had 31,640,100 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
DVN had 2.88% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 2.82 days to cover at the same settlement.
- Reported short interest (shares) 31,640,100
- Short interest (% of shares outstanding) 2.88%
- Prior settlement (shares) 27,478,794
- Reported change 15.14%
- Days to cover (reported) 2.82
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Coterra Energy (CTRA)
- EOG Resources (EOG)
- ConocoPhillips (COP)
- Diamondback Energy (FANG)
- Pioneer Natural Resources (acquired by ExxonMobil)
- Marathon Oil (MRO)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare DVN vs…
Devon Energy is found in…
Frequently asked questions
What does Devon Energy (DVN) do?
Devon Energy is an independent oil and natural gas exploration and production company with operations focused exclusively onshore in the United States. Its assets are primarily located in the Delaware Basin, Rockies, Eagle Ford, and Anadarko Basin, with a strategic emphasis on maximizing free cash flow, operational efficiency, and returning capital to shareholders.
What sector is Devon Energy (DVN) in?
Devon Energy (DVN) is classified in the Energy sector. Its industry is Oil & Gas Exploration & Production. It trades on NYSE.
Does DVN pay a dividend?
Yes — Devon Energy (DVN) pays a dividend, with an indicated yield of about 2.63% and at least 1 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-09-03). Informational only — not financial advice.
Who are Devon Energy's (DVN) competitors?
Notable peers of Devon Energy (DVN) include Coterra Energy, EOG Resources, ConocoPhillips, Diamondback Energy and Pioneer Natural Resources (acquired by ExxonMobil). This peer set is informational only — not financial advice.
Has there been recent U.S. House stock trading in DVN?
Yes — we hold 18 matched STOCK Act disclosures for DVN from U.S. House Clerk Periodic Transaction Report filings. These are legally-required disclosures (often filed 30–45 days after the trade), may belong to a U.S. House member, their spouse, or a dependent child, and are not an indicator of company performance or investment advice.
Is Devon Energy (DVN) overbought or oversold right now?
Devon Energy (DVN) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 57, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on DVN come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.