Key facts, as of
As of November 2, 2026, Devon Energy (DVN) trades at $48.72, up 50.0% over the past year. Its 52-week range runs from $31.91 to $52.71; the price is 7.6% below that high. It is 61.8% below its all-time high of $127.43, reached in July 2008. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +98.9%, against +316.3% for the S&P 500 (SPY). It sits 5.8% above its 200-day average of $46.03. Its 30-day volatility is 34.5% annualized, which we rate high risk. It has a trailing P/E of 10.6 and a dividend yield of 2.45%. Devon Energy (DVN) has confirmed its next earnings report for November 5, 2026, after the market closes (date from Yahoo Finance, listed on our November 2026 earnings calendar).
Cite: Portfolio Terminal, "Devon Energy (DVN) stock analysis", 2026-11-02. https://portfolio-terminal.com/analyse/dvn
Where it trades today
trading 81% of the way up its 52-week range
How the price has moved
How far it is from its record
Devon Energy (DVN) is 61.8% below its all-time high of $127.43, reached in July 2008. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +98.9%, against +316.3% for the S&P 500 (SPY).
The read, from its own figures
What its numbers say
- DVN closes below its 50-day average ($48.90) while the 50-day is still above the 200-day ($46.03): a pullback inside a longer rise, not yet a downtrend.
- At $48.72, DVN is 7.6% below its 1-year high of $52.71, set on March 30, 2026, and 52.7% above its 1-year low of $31.91 (November 4, 2025).
- Over the past month DVN rose 2.2%, from $47.65 to $48.72.
- DVN trades at 10.6x its last twelve months of earnings and 9.0x the next twelve months' estimate, so analysts expect earnings 17.9% higher.
- Its P/E is 38.6% below the 17.3x median of the 3 other oil & gas e&p companies we track (COP, EOG, OXY).
- DVN's 30-day volatility, 34.5% a year, works out to a typical daily move of about 2.2%.
- Yahoo Finance puts its beta at 0.48: over five years of monthly returns, DVN moved about 0.48% for each 1% move of the S&P 500.
What would change the read
- A close back above the 50-day average, $48.90 (+0.4%), restores the uptrend; the 50-day falling 5.9% under the 200-day at $46.03 would make it a downtrend.
- A close above $52.71 (+8.2%) would be a new 1-year high; below $31.91 (−34.5%), a new 1-year low.
How it is computed
- Prices are Yahoo Finance's daily candles for DVN, the same ones the chart below draws; the P/E, forward P/E and beta are Yahoo Finance quote fields.
- The averages are simple means of the last 50 and 200 closes; the 1-year high and low are the highest high and lowest low of the last 252 sessions; the 30-day volatility is the standard deviation of the past month's daily returns, annualized with the square root of 252.
- Peers are the other companies Yahoo Finance files under oil & gas e&p among the assets we track, not a full industry screen; the median counts those with a positive P/E.
- Every sentence here is written by code from those figures, refreshed daily; nobody edits it for DVN by hand. It describes what the price and the multiples have done, not what they will do, and it is not advice.
Sources
- Yahoo Finance quote and daily historyopen →
The candles, the averages' inputs and the quote fields used for DVN. Last refresh: Nov 2, 2026, 7:10 PM UTC.
- How Portfolio Terminal computes its figuresopen →
The methodology page behind the analytics and their refresh cadence.
- Industry classification
Yahoo Finance's industry, as stored in our list of tracked assets: Oil & Gas E&P.
What Devon Energy does
Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. The company operates in Delaware Basin located in southeast New Mexico and west Texas, Eagle Ford located in North America, Anadarko Basin located in western Oklahoma, Williston Basin located in North Dakota, and Powder River Basin located in Wyoming. Devon Energy Corporation was founded in 1971 and is headquartered in Houston, Texas.
What analysts expect
DVN carries a strong buy consensus from 26 analysts, with an average price target of $61.69 versus $48.72 today (+26.6%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
DVN generated $18.78B in trailing revenue (64.2% year over year), with a 17.5% net margin, and $782.63M of free cash flow, against $10.94B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $17.19B | $4.39B | $3.86B | $2.64B | $4.18 | $2.80B |
| 2024 | $15.94B | $4.71B | $4.18B | $2.89B | $4.58 | -$853.00M |
| 2023 | $15.26B | $5.37B | $4.94B | $3.75B | $5.86 | $2.60B |
| 2022 | $19.17B | $8.37B | $7.92B | $6.01B | $9.15 | $3.40B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
DVN is in 17 of the 54 ETFs we track. It weighs most in XLE: 2.69% of the fund, holding #13 of 22.
Famous investors who hold it
DVN is in the latest 13F of 1 of the 15 famous investors we follow. Ray Dalio (Bridgewater Associates) holds the most of it: 0.12% of the portfolio, position #131 of 992, as of Q2 2026.
How its figures compare with those peers
Companies in the same industry
DVN beside the other companies Yahoo Finance files under oil & gas e&p among the assets we track (COP, EOG, OXY, largest first).
EOGEOG Resources$157.71$82.72B
OXYOccidental Petroleum$60.81$60.79BWhat the chart is saying
Slipped under its 50-day average inside a longer uptrend.
weakening- Price is 0.4% below its 50-day average and 5.8% above its 200-day.
- RSI at 46 is neither stretched nor washed out.
- The nearest ceiling is $49.93 (+2.5%), the nearest floor $46.02 (-5.5%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
How is DVN valued right now?
Devon Energy trades at 10.6 times its last twelve months of earnings and 9.0 times the next twelve months' estimate (Yahoo Finance, November 2, 2026). On the chart: slipped under its 50-day average inside a longer uptrend. Price is 0.4% below its 50-day average and 5.8% above its 200-day.
What is the risk level of DVN?
Based on 30-day volatility of 34.5%, DVN has HIGH risk. Its beta of 0.48 means it has swung less than the S&P 500 over the last five years.
Does DVN pay dividends?
Yes, Devon Energy has a dividend yield of 2.45%.
How far is DVN from its all-time high?
Devon Energy is 61.8% below its all-time high of $127.43, reached in July 2008. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +98.9%, against +316.3% for the S&P 500 (SPY).
When does Devon Energy report earnings?
Devon Energy (DVN) reports its next quarterly earnings on Thursday, November 5, 2026, after the market closes. The company has confirmed the date; it comes from Yahoo Finance's earnings data and is listed on the Portfolio Terminal November 2026 earnings calendar. For that quarter, the analysts' consensus Yahoo Finance reports is earnings of $1.31 per share.
Which ETFs hold DVN?
17 of the 54 popular ETFs we track hold Devon Energy. The largest weights: XLE (2.69%), SCHD (1.39%), VO (0.50%), VYM (0.22%) and RSP (0.21%). Measured on each issuer's full holdings file, dated September 30 to October 18, 2026.
How much of VOO is DVN?
0.08%, as of September 30, 2026: DVN is holding #216 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $0.77 in Devon Energy.
Which famous investors own DVN?
Ray Dalio (0.12% of Bridgewater Associates's 13F), according to their latest Form 13F filings with the SEC (Q2 2026). A 13F lists US long positions 45 days after the quarter ends, so it can be out of date.
What is the analyst price target for DVN?
The average analyst price target for Devon Energy (DVN) is $61.69 based on 26 analyst estimates, about 26.6% above the current price of $48.72. The published range runs from $44.00 to $74.00.
How much revenue does DVN generate?
Devon Energy reported $18.78B in trailing twelve-month revenue. Revenue growth is running at 64.2% year over year. Net margin sits at 17.5%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare DVN with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.