DVN · NYQ
S&P 500
Devon Energy Corporation
Energy · Oil & Gas E&P
$43.41
+$1.01 (+2.38%) today
Closing price on Nov 10, 2026 · Source: Yahoo Finance
Consensus of 28 analysts
Buy
Median price target $62.00 +42.8%
- Open
- $41.81
- Day range
- 41.49 – $43.72
- 52-week range
- 34.11 – $52.71
- Volume
- 10,901,941
- Market cap
- $49,475M
- P/E (TTM)
- 10.2x
- EPS (TTM)
- $4.26
- EPS est. 2026
- $5.63
- P/E est. 2026
- 7.7x
- Dividend yield
- 2.6%
- Beta
- 0.48
- Payout
- 26%
The analysis of this company is being prepared and will appear in the next update.
Devon Energy financials
Q3 2026 results, quarter ended Sep 30, 2026
| Metric | Q3 2026 | 1-year change |
|---|---|---|
| Total revenue | $6,860M | +58.4% |
| Net income | $1,008M | +46.7% |
| Earnings per share | $0.88 | −19.3% |
| Net margin | 14.7% | −1.2 pp |
| Free cash flow | $1,024M | +64.4% |
| Debt / equity | 0.26 | −52.8% |
Revenue and net income ($M)
Total revenueNet income
| Quarter | Total revenue | Net income |
|---|---|---|
| Q3 2025 | $4,331M | $687M |
| Q4 2025 | $4,121M | $562M |
| Q1 2026 | $3,807M | $120M |
| Q2 2026 | $7,417M | $1,911M |
| Q3 2026 | $6,860M | $1,008M |
Devon Energy earnings per share (EPS)
Consensus estimates
| Period | EPS est. | 1-year change |
|---|---|---|
| Current quarterQ4 2026 · Analysts: 14 | $1.5701.22 – 1.96 | +91.4%$0.820 |
| Next quarterQ1 2027 · Analysts: 13 | $1.4060.82 – 1.81 | +35.1%$1.040 |
| Current year2026 · Analysts: 16 | $5.6255.27 – 6.07 | +43.5%$3.920 |
| Next year2027 · Analysts: 13 | $5.0663.79 – 5.92 | +0.8%$5.028 |
Forward P/E: 7.7x (2026) and 8.6x (2027) at the current price.
Actual and estimated EPS ($)
Actual EPSEstimated EPS
| Quarter | Actual EPS | Estimated EPS |
|---|---|---|
| Q3 2025 | $1.090 | — |
| Q4 2025 | $0.820 | $0.827 |
| Q1 2026 | $1.040 | $1.094 |
| Q2 2026 | $1.570 | $1.411 |
| Q3 2026 | $1.420 | $1.314 |
| Q4 2026 | — | $1.570 |
| Q1 2027 | — | $1.406 |
| Year | Actual EPS | Estimated EPS |
|---|---|---|
| 2022 | $9.120 | — |
| 2023 | $5.836 | — |
| 2024 | $4.560 | — |
| 2025 | $4.170 | — |
| 2026 | — | $5.625 |
| 2027 | — | $5.066 |
EPS trend
| Quarter | EPS | YoY change |
|---|---|---|
| Q1 2027Estimated | $1.406 | +35.1% |
| Q4 2026Estimated | $1.570 | +91.4% |
| Q3 2026 | $1.420est. $1.314 · surprise +8.0% | +30.3% |
| Q2 2026 | $1.570est. $1.411 · surprise +11.3% | n/a |
| Q1 2026 | $1.040est. $1.094 · surprise −4.9% | n/a |
| Q4 2025 | $0.820est. $0.827 · surprise −0.8% | n/a |
| Q3 2025 | $1.090 | n/a |
| Year | EPS | Annual change |
|---|---|---|
| 2027Estimated | $5.066 | −9.9% |
| 2026Estimated | $5.625 | +34.9% |
| 2025 | $4.170 | −8.6% |
| 2024 | $4.560 | −21.9% |
| 2023 | $5.836 | −36.0% |
| 2022 | $9.120 | n/a |
Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.
Devon Energy dividend
Yield and payments
| Dividend yield (TTM) | 2.6% |
| Forward yield (next 12m) | 2.9% |
| Dividend per share (TTM) | $1.12 |
| Forward dividend (next 12m) | $1.28 |
| Payout (TTM) | 26% |
| Last dividend | $0.32Sep 15, 2026 |
| Next ex-dividend date | n/a |
Dividend per share by year ($)
PaidEstimated
| Year | Dividend per share |
|---|---|
| 2019 | $0.35 |
| 2020 | $0.68 |
| 2021 | $1.97 |
| 2022 | $5.17 |
| 2023 | $2.87 |
| 2024 | $1.45 |
| 2025 | $0.96 |
| est. 12m | $1.28 |
Devon Energy forecasts
28 analyst ratings
Consensus: Buy · 27 buy, 1 hold, 0 sell
1-year price forecast
Share price
Price target (high, median, low)
| Target | Price | Upside |
|---|---|---|
| High | $71.00 | +63.6% |
| Median | $62.00 | +42.8% |
| Low | $48.00 | +10.6% |
| Date | Close |
|---|---|
| Nov 28, 2025 | $37.06 |
| Dec 31, 2025 | $36.63 |
| Jan 30, 2026 | $40.21 |
| Feb 27, 2026 | $43.53 |
| Mar 31, 2026 | $50.32 |
| Apr 30, 2026 | $51.37 |
| May 29, 2026 | $44.49 |
| Jun 30, 2026 | $41.32 |
| Jul 31, 2026 | $45.13 |
| Aug 31, 2026 | $48.51 |
| Sep 30, 2026 | $46.04 |
| Oct 30, 2026 | $52.15 |
| Nov 10, 2026 | $43.41 |
Devon Energy peers
| Ticker | Company | Market cap ($M) | P/E | Price ($) | 1-day change | 52-week range |
|---|---|---|---|---|---|---|
| DVN | Devon Energy | 49,475 | 10.2x | 43.41 | +2.38% | 34.1152.71 |
| COP | ConocoPhillips | 160,313 | 14.3x | 135.59 | +0.83% | 85.70154.28 |
| EOG | EOG Resources | 78,556 | 9.8x | 151.51 | +2.08% | 101.59165.93 |
| OXY | Occidental Petroleum | 56,879 | 12.7x | 56.90 | +2.04% | 38.8067.45 |
| FANG | Diamondback Energy | 49,714 | 24.0x | 178.08 | −0.05% | 139.41216.90 |
| EQT | EQT | 32,529 | 12.3x | 52.00 | +4.19% | 47.9468.24 |
What the AI agents think about Devon Energy
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