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Devon Energy (DVN)

(Delayed Data from NYSE)

$49.90 USD

49.90
6,732,775

-0.22 (-0.44%)

Updated May 13, 2024 04:00 PM ET

After-Market: $49.90 0.00 (0.00%) 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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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 C 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 31% (172 out of 251)

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.

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Energy Stocks' Q3 Earnings Roster for Nov 7: CIVI, DVN, WTI

Favorable commodity prices likely to have aided the upstream business. Let's see how Civitas Resources (CIVI), Devon Energy (DVN) and W&T Offshore (WTI) are placed ahead of Q3 earnings.

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

Devon Energy's (DVN) third-quarter earnings are to be driven by solid production volumes from its domestic multi-basin assets.

Devon Energy Corporation (DVN) Is a Trending Stock: Facts to Know Before Betting on It

Recently, Zacks.com users have been paying close attention to Devon Energy (DVN). This makes it worthwhile to examine what the stock has in store.

Can Coterra Energy (CTRA) Maintain Its Earnings Beat in Q3?

Coterra Energy (CTRA) beat the Zacks Consensus Estimate for earnings in each of the last four quarters, resulting in an earnings surprise of 9.5%, on average.

Civitas Resources (CIVI) Q3 Earnings Preview: Things to Know

Robust volumes are likely to have boosted Civitas Resources' (CIVI) profit levels in the third quarter.

Profire Energy (PFIE) to Post Q3 Earnings: What's in Store?

Favorable energy business environment is likely to have increased demand for burner management products and services of Profire Energy (PFIE) in Q3.

Evolution (EPM) Gears Up for Q1 Earnings: What's in Store?

Favorable commodity prices are likely to have aided the upstream business of Evolution Petroleum (EPM) in Q1.

Evergy (EVRG) to Report Q3 Earnings: Here's What to Expect

Evergy's (EVRG) third-quarter earnings are likely to have benefited from lower O&M expenses amid high interest rates and severe weather conditions.

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Earnings Season: 3 Top-Ranked Stocks Likely to Surprise

With many companies slated to report in the coming weeks, surprises are sure to be lurking beneath the hood. And a few of these positive surprises could come from these three companies.

Murphy Oil (MUR) Q3 Earnings and Sales Surpass Estimates

Murphy Oil (MUR) revises its 2023 production volume expectation upward to accommodate strong contributions from its assets.

What's in Store for Array Technologies (ARRY) in Q3 Earnings?

Array Technologies' (ARRY) Q3 results are likely to reflect the impacts of increased interest and operating expenses amid its cost-saving initiatives.

Enovix (ENVX) to Report Q3 Earnings: What's in the Cards?

Enovix's (ENVX) Q3 results are likely to reflect the benefits of order growth and shipment of products amid high operating expenses impact.

Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

Is Diamondback (FANG) Poised for a Robust Q3 Earnings Show?

Strong volumes and lower costs are likely to have boosted Diamondback Energy's (FANG) profit levels in the third quarter.

Amplify Energy (AMPY) to Post Q3 Earnings: What's in Store?

Favorable commodity prices are likely to have aided Amplify Energy (AMPY) in Q3.

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Expect an Earnings Beat From These 4 Energy Companies in Q3

Energy stocks like REPX, CIVI, DK and DVN have the potential to deliver better-than-expected Q3 earnings.

Murphy Oil (MUR) Q3 Earnings and Revenues Surpass Estimates

Murphy Oil (MUR) delivered earnings and revenue surprises of 18.66% and 6.71%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?

Is a Beat in Store for PBF Energy (PBF) in Q3 Earnings?

Higher production of refined products from the East Coast is expected to have aided PBF Energy's (PBF) earnings in Q3.

Are Investors Undervaluing Devon Energy (DVN) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Enbridge (ENB) to Report Q3 Earnings: What's in the Offing?

Stable fee-based revenues from long-term contracts are likely to have aided Enbridge (ENB) in Q3.

What Awaits Plains All American Pipeline (PAA) in Q3 Earnings?

Plains All American Pipeline's (PAA) third-quarter earnings are likely to have benefited from the acquisitions and improved production volumes.

Murphy Oil (MUR) to Report Q3 Earnings: What's in the Cards?

Murphy Oil's (MUR) third-quarter earnings are likely to have been driven by a solid performance from its Gulf of Mexico assets.

What's in the Offing for Enerplus (ERF) in Q3 Earnings?

An upward cost trend is anticipated to have affected Enerplus' (ERF) earnings in Q3.

Is a Beat in Store for ConocoPhillips (COP) in Q3 Earnings?

Higher production is likely to have aided ConocoPhillips' (COP) performance in the third quarter.

Devon Energy (DVN) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

Devon Energy (DVN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.