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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 $36.32, moving -4.22% from the previous trading session. This change lagged the S&P 500's 0.26% gain on the day. Elsewhere, the Dow saw an upswing of 0.6%, while the tech-heavy Nasdaq appreciated by 0.25%.
Prior to today's trading, shares of the oil and gas exploration company had gained 2.63% lagged the Oils-Energy sector's gain of 3.32% and outpaced the S&P 500's gain of 1.57%.
Analysts and investors alike will be keeping a close eye on the performance of Devon Energy in its upcoming earnings disclosure. The company's earnings report is set to go public on February 17, 2026. The company is predicted to post an EPS of $0.94, indicating a 18.97% decline compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $4.27 billion, reflecting a 2.94% fall from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.04 per share and a revenue of $17.34 billion, indicating changes of -16.18% and 0%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for Devon Energy. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 3.54% lower within the past month. Currently, Devon Energy is carrying a Zacks Rank of #4 (Sell).
From a valuation perspective, Devon Energy is currently exchanging hands at a Forward P/E ratio of 10.53. This denotes a discount relative to the industry average Forward P/E of 11.4.
One should further note that DVN currently holds a PEG ratio of 3.21. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Oil and Gas - Exploration and Production - United States industry had an average PEG ratio of 3.21.
The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 211, finds itself in the bottom 14% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on 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 $36.32, moving -4.22% from the previous trading session. This change lagged the S&P 500's 0.26% gain on the day. Elsewhere, the Dow saw an upswing of 0.6%, while the tech-heavy Nasdaq appreciated by 0.25%.
Prior to today's trading, shares of the oil and gas exploration company had gained 2.63% lagged the Oils-Energy sector's gain of 3.32% and outpaced the S&P 500's gain of 1.57%.
Analysts and investors alike will be keeping a close eye on the performance of Devon Energy in its upcoming earnings disclosure. The company's earnings report is set to go public on February 17, 2026. The company is predicted to post an EPS of $0.94, indicating a 18.97% decline compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $4.27 billion, reflecting a 2.94% fall from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.04 per share and a revenue of $17.34 billion, indicating changes of -16.18% and 0%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for Devon Energy. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 3.54% lower within the past month. Currently, Devon Energy is carrying a Zacks Rank of #4 (Sell).
From a valuation perspective, Devon Energy is currently exchanging hands at a Forward P/E ratio of 10.53. This denotes a discount relative to the industry average Forward P/E of 11.4.
One should further note that DVN currently holds a PEG ratio of 3.21. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Oil and Gas - Exploration and Production - United States industry had an average PEG ratio of 3.21.
The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 211, finds itself in the bottom 14% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.