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Devon Energy (DVN)

(Delayed Data from NYSE)

$49.08 USD

49.08
15,248,666

+1.49 (3.13%)

Updated May 31, 2024 03:59 PM ET

After-Market: $49.07 -0.01 (-0.02%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value B Growth F Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 32% (170 out of 250)

Industry: Oil and Gas - Exploration and Production - United States

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Zacks News

Devon Energy Corporation based in Oklahoma City is an independent energy company engaged primarily in the exploration, development and production of oil and natural gas. The company’s oil and gas operations are mainly concentrated in the onshore areas of North America, primarily in the United States. The company was founded in 1971. IIn June 2019, Devon completed the sale of substantially all oil and gas assets, as well as operations in Canada. In October 2020, the company completed the sale of Barnett Shale assets. In aggregate, estimated proved reserves associated with these assets were 400 MMBoe (million barrels of oil equivalent), accounting for 21% of total proved reserves.

Devon Energy (DVN) Q3 Earnings Top Estimates on Strong Prices

Devon Energy's (DVN) better-than-expected Q3 performance can be attributed to strong production from the United States and improvement in realized prices.

Devon Energy (DVN) to Post Q3 Earnings: What's in the Cards?

Devon Energy's (DVN) third-quarter earnings are likely to gain from strong natural gas liquids production and improvement in realized prices.

Earnings Preview: Devon Energy (DVN) Q3 Earnings Expected to Decline

Devon Energy (DVN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Do Options Traders Know Something About Devon Energy (DVN) Stock We Don't?

Investors need to pay close attention to Devon Energy (DVN) stock based on the movements in the options market lately.

Equinor to Divest Stake in King Lear Discovery to Aker BP

Equinor (EQNR) plans to divest stake in the King Lear discovery on the NCS includes a total purchase consideration of $250 million.

4 Reasons to Add Devon Energy (DVN) Stock to Your Portfolio

Devon Energy (DVN) is a solid investment choice for investors at the moment, on the back of four factors.

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OPEC's Algeria Meeting Preview: Here's What You Can Expect

The meeting is aimed to discuss compliance with production curbs in place since 2017 but assumes greater significance in the backdrop of rising oil prices and U.S. pressure to lower them.

    Why Is Devon Energy (DVN) Down 1.2% Since Last Earnings Report?

    Devon Energy (DVN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

      Stock Market News For Aug 23, 2018

      Wall Street closed mostly lower on Wednesday as investors weighed legal worries of President Trump against Fed's indication of another rate hike in September

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        Oil & Gas Stock Roundup: Diamondback's Acquisition Steals the Show

        Diamondback Energy (FANG) took the acquisition route to expand market reach in the Permian play, while ConocoPhillips (COP) secured a payout from Venezuela.

          Devon to Sell Non-Core Assets of Delaware Basin to Carrizo

          Devon's (DVN) decision to monetize non-core assets is likely to help lower its debts as well as add shareholder value through share buyback and dividend hike.

            WPX Energy (WPX) Q2 Earnings Beat on Strong Oil Production

            WPX Energy's (WPX) Q2 earnings are better than expected, courtesy of solid oil production and revival in oil prices.

              Devon Energy (DVN) Q2 Earnings Lag Estimates on Higher Costs

              Despite increase in total production, Devon's (DVN) Q2 earnings and revenues are lower than expected, primarily due to surge in total expenses.

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                Should iShares Morningstar Mid-Cap Value ETF (JKI) Be on Your Investing Radar?

                Style Box ETF report for JKI

                  Energy Stocks' Q2 Earnings Due on Jul 31: APC, DVN & More

                  The energy sector is poised to record the highest growth among all sectors in the second quarter of 2018.

                    Should You Buy Devon Energy (DVN) Ahead of Earnings?

                    Devon Energy (DVN) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.

                      Can Focus on Domestic Oil Support Devon's (DVN) Q2 Earnings?

                      Devon Energy (DVN) is expected to beat second-quarter earnings estimates on higher domestic production and improved realized commodity prices.

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                        Will Energy Keep Powering Shareholder Portfolio With Returns?

                        Against the backdrop that Energy will continue to generate more earnings, shareholders can expect more rewards in the quarters ahead.

                          Devon Divests More Assets, Shareholders Continue to Benefit

                          Devon (DVN) completes the divestiture of its ownership interests in the midstream assets, and will utilize the proceeds to strengthen operation, and increase the value of its shareholders.

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                            Trade War Not a Big Threat to US Energy: 5 Top Oil Stocks

                            If China hits back again with tariffs on U.S. oil and petroleum products, the losses for U.S. energy companies are likely to be limited.

                              Here's Why You Should Add Plains All American Pipeline Now

                              Plains All American Pipeline (PAA) is an attractive pick and is likely to reward investors with better returns, courtesy of these four factors.

                                Ferrellgas (FGP) Acquires Diamond Propane, Expands Operations

                                Ferrellgas (FGP) expects the recently-acquired Diamond Propane to be accretive to earnings and enable business expansion in northern New York.

                                  Here's Why You Should Add Enphase Energy to Your Portfolio

                                  Enphase Energy (ENPH) is a promising pick for investors, courtesy of these four factors.

                                    Here's Why You Should Invest in ReneSola (SOL) Stock Now

                                    ReneSola (SOL) is a promising pick and is likely to reward investors with better returns, courtesy of these four factors.

                                      DVN vs. APA: Which Stock Should Value Investors Buy Now?

                                      DVN vs. APA: Which Stock Is the Better Value Option?