Stock · DVN · Energy
United States · Large Cap · listed since 1992 · Revenue 12 mo. $19.7B
Price as of 11/06/2026
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.
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.
Original text from the data provider
Summary
54.0 of 100
Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.
Analysis
What the price requires
If free cash flow stays at €2.5B (2025), it supports €27.9B. The remaining €16.8B of the market value assume it grows 6.6% a year for 10 years and not at all afterwards.
Required FCF growth per year
6.6%
no growth afterwards
Price to operating cash flow 4.6×, within its usual range.
Middle half of 20 quarters: 3.6× to 4.8×, median 4.5×.
Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.
with respect to the priced-in expectation
No indication in the stored figures.
with respect to the priced-in expectation
Since the last quarter
Q1 → Q2 2026
Derivation
Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.
Price as of 11/06/2026.
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Return on equity | 17.01% | 11.63% | Rank 76 |
| Return on capital (Greenblatt) | 16.05% | 11.00% | Rank 73 |
| EBIT margin | 22.43% | 14.02% | Rank 70 |
| FCF margin | 16.27% | 7.36% | Rank 77 |
| Gross margin | 25.55% | 23.60% | Rank 54 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Revenue growth, 1 year | 7.83% | −1.93% | Rank 70 |
| Earnings growth, 3 years per year | −23.03% | −10.72% | Rank 29 |
| Earnings growth, 5 years per yeardoes not count towards the rank | – | 14.99% | |
| Sustainable growth (ROE × retained earnings) | 22.77% | 9.68% | Rank 75 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Earnings yield | 9.95% | 4.80% | Rank 90 |
| FCF yield | 5.62% | 5.05% | Rank 55 |
| EV/saleslower is better | 3.32 | 2.31 | Rank 36 |
| EV/EBITlower is better | 14.82 | 15.16 | Rank 57 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Share price, 1 year | 20.55% | 14.27% | Rank 60 |
| Share price, 6 months | −6.97% | −0.91% | Rank 38 |
| Share price, 3 months | 3.34% | 2.95% | Rank 52 |
| Distance from 52-week high | −19.06% | −17.83% | Rank 45 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Accruals (Sloan)lower is better | −2.18% | 0.88% | Rank 75 |
| Change in share countlower is better | 0.96% | −0.04% | Rank 26 |
| Dividend streak in years | – | 3 | Rank 17 |
| Price reaction to results, market-adjusted | −4.41% | 0.36% | Rank 17 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Equity ratio | 49.14% | 41.22% | Rank 68 |
| Net debt/EBITDAlower is better | 0.97 | 1.33 | Rank 61 |
| Debt to equitylower is better | 0.57 | 0.69 | Rank 57 |
| Volatility, 1 yearlower is better | 35.01% | 31.61% | Rank 32 |
Ten years in figures
| Year | Revenue, $B | EBIT margin | FCF | Shares | Net debt, $B |
|---|---|---|---|---|---|
| 2016 | 10.3 | −28.1% | −$2.2B | 513M | 8.2 |
| 2017 | 6.5 | 2.3% | $104.0M | 528M | 4.2 |
| 2018 | 8.9 | 16.8% | $198.0M | 502M | 2.0 |
| 2019 | 6.2 | 2.6% | $130.0M | 401M | 3.1 |
| 2020 | 4.8 | −12.2% | $193.0M | 377M | 2.3 |
| 2021 | 12.2 | 26.6% | $2.9B | 665M | 4.5 |
| 2022 | 19.2 | 41.3% | $3.4B | 653M | 5.2 |
| 2023 | 15.3 | 32.4% | $2.6B | 642M | 5.6 |
| 2024 | 15.9 | 26.2% | −$853.0M | 623M | 8.4 |
| 2025 | 17.2 | 22.4% | $2.8B | 629M | 7.3 |
5 of 7 StockScorer Score rules met · How the score is built
Devon Energy Corporation mainly meets criteria in the Profitability category. Result from 18 strategies checked.
Devon Energy Corporation is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.
5 of 7 rules met
8 of 11 points
Detail data
Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.
With a free account, you can see the match across all strategies checked in one complete overview.
Selected fundamental metrics for Devon Energy Corporation.
| Metric | Stock | Sector |
|---|---|---|
| P/E ratio | 10.0 | 20.0 |
| P/B ratio | 1.7 | 2.3 |
| Return on equity (ROE) | 17.0% | 11.6% |
| Equity ratio | 49.1% | 41.2% |
| Debt-to-equity (D/E) | 0.57 | 0.69 |
| Dividend yield | 2.7% | 3.5% |
How comparable stocks in the same sector score in the StockScorer model.
| Symbol | Company | Rating |
|---|---|---|
| DVN | Devon Energy Corporationthis page | |
| FANG | Diamondback Energy Inc | Medium5.5 |
| OXY | Occidental Petroleum Corporation | Low4.5 |
| EQT | EQT Corporation | Medium5.5 |
| TPL | Texas Pacific Land Corporation | locked |
| EXE | Expand Energy Corporation | locked |
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Learn more about the metrics in the metrics glossary or all rated stocks in the stock overview.
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