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Devon Energy (DVN)

(Real Time Quote from BATS)

$46.22 USD

46.22
2,462,678

+0.57 (1.25%)

Updated Jun 20, 2024 01:44 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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A Value B Growth A Momentum A 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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Top 26% (65 out of 249)

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.

Surging Earnings Estimates Signal Good News for Devon Energy (DVN)

by Zacks Equity Research

Devon Energy (DVN) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.

The Zacks Analyst Blog Highlights: Cabot Oil & Gas, Murphy USA, ConocoPhillips, Antero Resources and Devon Energy

by Zacks Equity Research

The Zacks Analyst Blog Highlights: Cabot Oil & Gas, Murphy USA, ConocoPhillips, Antero Resources and Devon Energy

Permian Adds 8 Oil Rigs, Marcellus Gas Rig Count Rises By 3

by Zacks Equity Research

The tally for oil drilling rigs rises in the seventh week after the count fell for six straight weeks to the lowest level since April 2018.

Swarup Gupta headshot

US Crude Hits 5-Month High on Libyan Conflict: 5 Picks

by Swarup Gupta

The Libyan conflict has added to multiple supply constraints, clouding the supply outlook for crude oil.

Nalak Das headshot

Will Crude Oil Price Momentum Continue in 2019? 5 Top Picks

by Nalak Das

Breakout of civil-war in Libya will significantly disrupt global oil supply in the near future.

Can Devon Energy (DVN) Run Higher on Rising Earnings Estimates?

by Zacks Equity Research

Devon Energy (DVN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

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

by Zacks Equity Research

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

Are Investors Undervaluing Devon Energy (DVN) Right Now?

by Zacks Equity Research

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.

WPX Energy Monetizes Midstream Assets Once Again for $350M

by Zacks Equity Research

WPX Energy's (WPX) subsidiary and joint venture partner in the Oryx II pipeline sign agreements to monetize its 25% interest in the Oryx II pipeline for $350 million.

The Zacks Analyst Blog Highlights: Antero, Helmerich, ConocoPhillips and Devon

by Zacks Equity Research

The Zacks Analyst Blog Highlights: Antero, Helmerich, ConocoPhillips and Devon

4 Energy Stocks to Buy as Oil Prices Breach $60 to 2019 High

by Zacks Equity Research

Oil prices rose 30% during the first quarter of 2019, underpinned mainly by OPEC+ supply cuts, and U.S. sanctions against Venezuela and Iran.

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

by Zacks Equity Research

Devon Energy (DVN) is a promising bet for investors, courtesy of these four factors.

Murphy Oil to Sell Malaysian Assets to Focus on Domestic Oil

by Zacks Equity Research

Murphy Oil's (MUR) subsidiary enters into an agreement to sell Malaysian assets. It intends to utilize the proceeds to develop domestic oil assets, strengthen its balance sheet and buy back shares.

Why Is Devon Energy (DVN) Up 3.2% Since Last Earnings Report?

by Zacks Equity Research

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

Parsley's (PE) Q4 Earnings Miss on Low Price Realizations

by Zacks Equity Research

Parsley's (PE) proved reserves increase 25% on a year-over-year basis to 521.7 MMBoe as of Dec 31, 2018.

WPX Energy (WPX) Earnings and Revenues Miss Estimates in Q4

by Zacks Equity Research

Although WPX Energy's (WPX) fourth-quarter earnings and revenues miss estimates, it continues to increase U.S. oil production from Delaware and Williston Basin assets.

Devon Energy (DVN) Looks Good: Stock Adds 6.9% in Session

by Zacks Equity Research

Devon Energy (DVN) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.

Devon Energy (DVN) Q4 Earnings Lag Estimates, Revenues Beat

by Zacks Equity Research

Although Devon Energy's (DVN) fourth-quarter earnings lag expectation, it continues to increase shareholder value through share buybacks and dividend payments.

Concho (CXO) Lags Q4 Earnings Estimates, Cuts Capex View

by Zacks Equity Research

Concho (CXO) slashes 2019 capex by 17% from its prior guidance amid weak oil prices, in an effort to boost cash flows and focus on shareholder value maximization.

Devon Energy (DVN) to Post Q4 Earnings: What's in Store?

by Zacks Equity Research

Devon Energy (DVN) is unlikely to beat estimates when it reports fourth-quarter earnings on Feb 19, 2019.

Analysts Estimate Devon Energy (DVN) to Report a Decline in Earnings: What to Look Out for

by Zacks Equity Research

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.

What's in Store for Occidental Petroleum (OXY) Q4 Earnings?

by Zacks Equity Research

Occidental Petroleum (OXY) is unlikely to beat estimates when it reports fourth-quarter earnings on Feb 12, 2019.

Equinor Concludes Sale of Stake in King Lear & Tommeliten

by Zacks Equity Research

Equinor (EQNR) receives $470 million from sale of stake in the King Lear discovery, Tommeliten Unit and PL044.

The Zacks Analyst Blog Highlights: Chevron, EOG Resources, Devon Energy, Occidental Petroleum and Diamondback Energy

by Zacks Equity Research

The Zacks Analyst Blog Highlights: Chevron, EOG Resources, Devon Energy, Occidental Petroleum and Diamondback Energy

Nilanjan Banerjee headshot

Permian Has More Oil Than Thought: 4 Stocks Worth Tracking

by Nilanjan Banerjee

Delaware's resources base contains more than double the volumes of oil in the Midland, claims USGS.