Invezz

Devon Energy Corporation (DVN)

NYSE Market Closed

Devon Energy Corporation is an independent US oil and natural gas producer with operations concentrated in several of North America’s most important shale basins. The company explores for, develops, and produces crude oil, natural gas liquids, and natural gas, with a portfolio designed around large resource positions, repeatable drilling opportunities, and disciplined capital allocation.

The Permian Basin is the core of Devon’s production base and accounts for the majority of its output. This basin is one of the most productive oil regions in the United States and is central to the company’s liquids-focused strategy. Devon also maintains meaningful positions in the Anadarko Basin, Eagle Ford, and Bakken, giving it exposure to multiple unconventional resource plays and helping diversify operational risk. Following its merger with Coterra, the company also has a position in the Appalachian Basin, adding greater exposure to natural gas-driven assets.

Devon’s production mix is weighted toward oil and natural gas liquids, which typically provide higher margins than dry gas, while still retaining meaningful natural gas volumes. At the end of 2025, the company reports net proved reserves of 2.4 billion barrels of oil equivalent, compared with 2.2 billion a year earlier. Average net production in 2025 is roughly 840,000 barrels of oil equivalent per day, with about 73% from oil and natural gas liquids and 27% from natural gas.

The company’s performance is heavily influenced by commodity prices, drilling efficiency, service costs, and well productivity. Devon is known for pairing shale development with shareholder-return priorities, making cash flow generation and capital discipline central to its investment profile.

41.32 USD
41.30 USD
−0.67 (-1.60%)
Pre-market

Last updated

Market Cap
49.13B
P/E
21.66
P/FCF
20.15
P/S
2.89
Enterprise Value
57.52B
Sector
Energy
Industry
Oil & Gas Exploration & Production
Address
333 W. SHERIDAN AVENUE, OKLAHOMA CITY, OK, 73102
Market Cap
49.13B
Enterprise Value
57.52B
P/E
21.66
P/B
3.18
P/S
2.89
EV / EBITDA
8.06
EV / Sales
3.39
EPS
1.97
Dividend Yield
1.24%
P/FCF
20.15
P/CF
7.65
Free Cash Flow
2.44B
ROE
14.7%
ROA
6.97%
Debt / Equity
0.54
Current Ratio
0.62
Quick Ratio
0.56
Cash
Avg Volume
14.99M
Fundamentals Snapshot Price
42.6

Financial statements are not available for this listing.

  • EODHD filings mapper does not expose edgar_index parity from the SDK/API yet.
  • EODHD filings mapper does not expose ten_k_section parity from the SDK/API yet.
  • EODHD filings mapper does not expose eight_k_text parity from the SDK/API yet.
  • EODHD filings mapper does not expose form_3 parity from the SDK/API yet.
Kind Filing Date Link
form 4 Form 4 — Julia Letlow View Filing
form 4 Form 4 — Kelt Kindick View Filing
  • Trusted by 1M+ investors
  • Global coverage
  • Real-time market data
  • Independent & unbiased

Join thousands making smarter investment decisions.

Get started for free