Stock AnalizDevon Energy (DVN) earnings for the quarter ended September 2026: EPS beats estimates
Devon Energy reported results for the quarter ended September 2026 on November 5, 2026. Adjusted earnings per share came in at $1.42 against the analysts’ average forecast of $1.31, a beat of 8.0%.
Revenue for the quarter was $6.86 billion.
The market’s verdict: the stock fell 4.3% on the first trading day after the report.
The last four quarters
Devon Energy has beaten the analysts’ EPS forecast in 3 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $1.42 | $1.31 | +8.0% | — | −4.3% |
| Jun 2026 | $1.57 | $1.41 | +11.3% | +73% | −5.6% |
| Mar 2026 | $1.04 | $1.09 | −4.9% | −14% | −9.1% |
| Sep 2025 | $1.04 | $0.94 | +10.6% | +8% | −0.4% |
What comes next
Analysts expect EPS of $1.54 for the next quarter on average and $5.61 for the fiscal year ending December 31, 2026.
The average analyst price target is $60.15, 29% above the current price of $46.58.
Valuation and score
Devon Energy scores 3.0 out of 5 overall on Stock Analiz (good, with some weak spots), trades at a trailing P/E of about 11.6, and its intrinsic value under moderate assumptions is about 112% above the current market value. Full Devon Energy analysis with 10 years of financials
Frequently asked questions
What was Devon Energy’s EPS for the quarter ended September 2026?
$1.42 adjusted per share, against an analyst consensus of $1.31.
How much revenue did Devon Energy report?
$6.86 billion.
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This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.