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Devon Energy (DVN) Stock Dips While Market Gains: Key Facts
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Devon Energy (DVN - Free Report) closed the most recent trading day at $33.95, moving -1.85% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.28% for the day. Meanwhile, the Dow experienced a rise of 0.43%, and the technology-dominated Nasdaq saw an increase of 0.09%.
Heading into today, shares of the oil and gas exploration company had gained 0.35% over the past month, lagging the Oils-Energy sector's gain of 4.96% and the S&P 500's gain of 4.37%.
The upcoming earnings release of Devon Energy will be of great interest to investors. The company's earnings report is expected on August 5, 2025. It is anticipated that the company will report an EPS of $0.81, marking a 42.55% fall compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $4.02 billion, indicating a 2.66% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.9 per share and revenue of $16.68 billion. These totals would mark changes of -19.09% and +4.67%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Devon Energy. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.96% decrease. Currently, Devon Energy is carrying a Zacks Rank of #3 (Hold).
Digging into valuation, Devon Energy currently has a Forward P/E ratio of 8.87. Its industry sports an average Forward P/E of 11.2, so one might conclude that Devon Energy is trading at a discount comparatively.
We can also see that DVN currently has a PEG ratio of 2.59. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. DVN's industry had an average PEG ratio of 1.59 as of yesterday's close.
The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 168, putting it in the bottom 32% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow DVN in the coming trading sessions, be sure to utilize Zacks.com.
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Devon Energy (DVN) Stock Dips While Market Gains: Key Facts
Devon Energy (DVN - Free Report) closed the most recent trading day at $33.95, moving -1.85% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.28% for the day. Meanwhile, the Dow experienced a rise of 0.43%, and the technology-dominated Nasdaq saw an increase of 0.09%.
Heading into today, shares of the oil and gas exploration company had gained 0.35% over the past month, lagging the Oils-Energy sector's gain of 4.96% and the S&P 500's gain of 4.37%.
The upcoming earnings release of Devon Energy will be of great interest to investors. The company's earnings report is expected on August 5, 2025. It is anticipated that the company will report an EPS of $0.81, marking a 42.55% fall compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $4.02 billion, indicating a 2.66% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.9 per share and revenue of $16.68 billion. These totals would mark changes of -19.09% and +4.67%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Devon Energy. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.96% decrease. Currently, Devon Energy is carrying a Zacks Rank of #3 (Hold).
Digging into valuation, Devon Energy currently has a Forward P/E ratio of 8.87. Its industry sports an average Forward P/E of 11.2, so one might conclude that Devon Energy is trading at a discount comparatively.
We can also see that DVN currently has a PEG ratio of 2.59. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. DVN's industry had an average PEG ratio of 1.59 as of yesterday's close.
The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 168, putting it in the bottom 32% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow DVN in the coming trading sessions, be sure to utilize Zacks.com.