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Devon Energy (DVN)

(Delayed Data from NYSE)

$48.23 USD

48.23
4,518,920

-0.57 (-1.17%)

Updated May 23, 2024 04:00 PM ET

After-Market: $48.24 +0.01 (0.02%) 6:00 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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Bottom 33% (166 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.

John Blank headshot

Second Half of 2018 Begins: Global Week Ahead

What is certain is that the U.S. Fed will raise interest rates again, at least once, possibly twice. The ECB will end its bond-buying at the end of December.

    Is Devon Energy (DVN) Stock Outpacing Its Oils-Energy Peers This Year?

    Is (DVN) Outperforming Other Oils-Energy Stocks This Year?

      Oasis Petroleum to Vend Non-Core Williston Assets for $283M

      Oasis Petroleum (OAS) remains committed to evaluate and vend the additional non-pivotal acreage in order to streamline portfolio and strengthen its position in the prolific Delaware Basin.

        Why You Should Add Parsley (PE) Stock to Your Portfolio Now?

        Parsley's (PE) strong foothold in the prolific Permian Basin has been quite a boon to the company's performance for quite some time now.

          Nilanjan Choudhury headshot

          Ahead of OPEC, Oil Climbs on Significant Inventory Drawdown

          All eyes are on the oil producers' meeting set for Jun 22 in Vienna, which will decide what happens next regarding their supply curb policy.

            Nilanjan Banerjee headshot

            OPEC Gears Up for Vienna Face-Off: 5 Oil Stocks to Bet On

            Irrespective of the probable outcomes of the Vienna meet, the long-term crude market fundamentals are likely to stay strong.

              Market Has Not Yet Noticed Potential in Devon Energy (DVN); Have You?

              Devon Energy (DVN) sees solid earnings estimate revisions and looks poised to shock the market, and yet seems overlooked by the investors.

                Here's Why You Should Buy Devon Energy Stock Right Away

                Extensive footprint in oil-rich resources in the U.S. plays and strong cost-saving initiatives will help Devon Energy (DVN) to meet its impressive free cashflow guidance.

                  Why You Shouldn't Bet Against Devon Energy (DVN) Stock

                  Devon Energy (DVN) is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

                    Mark Vickery headshot

                    Top Stock Reports for Microsoft, Home Depot & Verizon

                    Today's Research Daily features new research reports on 16 major stocks, including Microsoft (MSFT), Home Depot (HD) and Verizon (VZ).

                      Devon to Monetize Midstream Assets, Buyback More Shares

                      Devon' (DVN) decision to monetize midstream assets is going to help lower its debts and improve shareholders' value through share buyback.

                        Devon Energy (DVN) Up 13% Since Earnings Report: Can It Continue?

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

                          Is the Options Market Predicting a Spike in Devon Energy (DVN) Stock?

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

                            WPX Energy (WPX) Q1 Loss Wider Than Expected, Revenues Beat

                            WPX Energy's (WPX) loss per share in the first quarter is wider than expectations, but the company continues to gain from its oil focused production.

                              Devon (DVN) Beats on Q1 Earnings, Ups U.S. Oil Output View

                              Devon (DVN) surpasses first-quarter earnings estimates and continues to gain from strong oil production from Delaware and STACK assets.

                                Energy Stocks' Q1 Earnings Lineup for May 1: CXO, DVN & More

                                For the first quarter of 2018, we expect the energy sector to eclipse all the 16 Zacks sectors.

                                  What's in the Cards for Devon Energy (DVN) in Q1 Earnings?

                                  Devon Energy's (DVN) earnings in the first quarter are expected to be lower than estimates. Its first-quarter production will be adversely impacted by severe weather.

                                    Devon Energy (DVN) to Boost Returns by Reducing Workforce

                                    Devon Energy (DVN) is likely to cut down workforce for lowering costs and improving return for its shareholders.

                                      Nilanjan Choudhury headshot

                                      5 Energy Stocks Investors Should Avoid Ahead of Earnings

                                      A few things can decimate a stock like a negative earnings surprise.

                                        Moving Average Crossover Alert: Devon Energy Corporation (DVN)

                                        Moving Average Crossover Alert: Devon Energy Corporation (DVN)

                                          Devon (DVN) Down 9% Since Earnings Report: Can It Rebound?

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

                                            Devon (DVN) Divests Non-Core Assets in Barnett for $533M

                                            Devon Energy (DVN) continues to divest non-core assets to focus on high margin production regions and return more to its shareholders.

                                              Devon Energy (DVN) Rewards Shareholders with Dividend Hike

                                              Higher commodity price realizations boost Devon Energy's (DVN) cash flow.

                                                Options Traders Expect Huge Moves in Devon Energy (DVN) Stock

                                                Surging implied volatility makes Devon Energy (DVN) stock lucrative to the option traders.

                                                  The Zacks Analyst Blog Highlights: Concho Resources, Devon Energy, EQT, Apache and Cheniere Energy

                                                  The Zacks Analyst Blog Highlights: Concho Resources, Devon Energy, EQT, Apache and Cheniere Energy