Devon Energy Corp DVN
Oil & Gas Production · IPO 1985 · data as of November 13, 2026
Devon Energy Corp (DVN) is a energy company listed in the US with a market value of about $53.1B. In the twelve months to September 30, 2026 it had revenue of $22.2B and net income of $3.6B, a net margin of 16.2%.
Its overall Stock Analiz score is 3.0 out of 5 (average). The strongest part is shareholder returns (5/5); the weakest is future growth (0/5).
Key numbers: a P/E of 11.6, a price to free cash flow of 10.2, 5-year revenue growth of 29% a year. A discounted cash flow model with moderate assumptions puts its intrinsic value about 112% above the current price.
Score: 3.0 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- 5-year revenue growth above 8% a year
- Profitable 5 years in a row
- ROE above 15%
- Positive free cash flow
Checks not passed
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.2B | $17.2B | $15.9B | $15.3B | $19.8B | $13.8B | $4.8B | $6.7B | $8.9B | $6.5B | $6.8B |
| Net income | $3.6B | $2.6B | $2.9B | $3.7B | $6.0B | $2.8B | -$2.7B | -$355M | $3.1B | $898M | -$1.1B |
| Free cash flow | $5.2B | $3.1B | $3.0B | $2.7B | $6.0B | $2.9B | $311M | $2.0B | $1.5B | $2.9B | $651M |
| EPS (diluted) | $4.00 | $4.17 | $4.56 | $5.84 | $9.12 | $4.19 | $-7.12 | $-0.89 | $6.10 | $1.70 | $-2.09 |
| Net margin | 16.2% | 15.4% | 18.1% | 24.5% | 30.4% | 20.5% | -55.5% | -5.3% | 34.4% | 13.8% | -15.6% |
| ROIC | — | — | — | — | — | — | — | -0.8% | 5.2% | 0.2% | -12.4% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 27 analysts is $60.15, 29% above the current price; targets range from $44.00 to $71.00; the consensus rating is “Strong buy”; expected EPS is $5.61 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Devon Energy’s P/E ratio?
About 11.6, based on the last twelve months of diluted earnings per share (forward P/E about 8.4).
Is Devon Energy stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 112% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Devon Energy pay a dividend?
Yes. The dividend yield is about 2.75%, and it has paid dividends for 10 years in our data.
Is Devon Energy a good stock to buy?
We do not give buy or sell advice. Devon Energy scores 3.0 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.