Stock Analysis
Devon Energy CorporationDVN
P/E 17.01×· 5Y range 3.81–87.10×· top 15% of history
Sector: Energy · Industry: Crude Petroleum & Natural Gas
AnalystsStrong Buy33 analystsP/E 17.0× sits at the 85th percentile of its 5.086926762491444-year history.
Cash covers 8% of debt · Q2 2026.
PMP Verdict
Mixed fundamentals, expensive valuation
Strengths
- Quality65
Risks
- Valuation65
- Growth37
Mixed fundamentals at a demanding price.
Market context
+3.1% today· Z 1.7σ
Bull Case
- ✓Interest coverage 8.9× — debt well covered
What's happening with DVN
Profile
growth and financial health lag behind.
How is each axis scored?
- Valuation65/100 · Moderate
- P/E vs own history (85th pct)0/25
- FCF yield (8.4%)25/25
- P/S (2.8x)20/25
- EV/EBIT (13.8x)20/25
- Growth37/100 · Weak
- Revenue CAGR (8.9%)12/25
- Net income CAGR (-1.6%)0/25
- EPS CAGR 5Y (n/a)0/25
- Fwd implied growth (90.9%)25/25
- Profitability50/100 · Moderate
- ROIC (7.2%)5/25
- ROE (7.9%)5/25
- Net margin (16.7%)20/25
- Operating margin (24.6%)20/25
- Financial Health46/100 · Weak
- Altman Z (1.53)10/25
- Current ratio (0.72)6/25
- Interest coverage (8.9x)18/25
- Net cash / debt (D/A 15%)12/25
- Quality65/100 · Moderate
- Piotroski F (6/9)15/25
- Beneish M (-2.88)25/25
- FCF conversion (143%)25/25
- Margin stability (σ 39.4%)0/25
- Moat70/100 · Moderate
- ROIC >12% years (7/8 yrs)20/25
- Median gross margin (62.3%)25/25
- FCF-positive years (10/10 yrs)25/25
- Worst-year net margin (worst -55.5%)0/25
Risk Flags
- ⚠Altman Z 1.5 — distress-zone balance sheet
- ⚠3 loss-making years in recent history
- ⚠P/E 17.0× at top 15% of 5-year history
About Devon Energy Corporation
Devon Energy is an oil and gas producer with acreage in several top US shale plays. Show more
While roughly two-thirds of its production comes from the Permian Basin, it also holds a meaningful presence in the Anadarko, Eagle Ford, and Bakken basins. After the merger with Coterra, it will have a foothold in the gas-driven Appalachian Basin as well. At the end of 2025, Devon reported net proved reserves of 2.4 billion barrels of oil equivalent, up from 2.2 billion in 2024. Net production averaged roughly 840,000 barrels of oil equivalent per day in 2025 at a ratio of 73% oil and natural gas liquids and 27% natural gas.
Headquarters: HOUSTON, TX · Employees: 2,200 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
65BP/E (TTM)17.0xB
Grade B: FairPrice / TTM EPS (own statements) — vs own 5Y history: 3.8x–87.1x · 85th pct
P/FCF22.5xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield8.4%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 1.3%–26.1% · 24th pct
P/S (TTM)2.84xB
Grade B: FairPrice / TTM Revenue (own statements) — vs own 5Y history: 1.2x–4.6x · 81st pct
EV/EBIT13.8xB
Grade B: FairEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 5.6x–20.9x · 80th pct
EV/Sales3.3xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E8.9xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio1.34xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.96A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield1.50%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio25.0%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
50CROIC7.2%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE7.9%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA7.9%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin16.7%A
Grade A: HighNet Income / Revenue
Operating Margin24.6%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin68.2%A
Grade A: PremiumGross Profit / Revenue
FCF Margin23.9%A
Grade A: HighFCF / Revenue
True FCF Margin23.2%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
37DRevenue CAGR8.9%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR-1.6%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth90.9%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+64.2%D
Grade D: DilutiveShare count change over 5Y
SBC / Net Income4.2%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue0.7%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
46D+Altman Z-Score1.53D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio0.72xD
Grade D: LowCurrent Assets/Liabilities
Quick Ratio0.67xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage8.9xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment2.3yA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT2.3xC
Grade C: MedLeverage. <2x Low, >4x High
Debt/Equity0.28xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.08xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
65BPiotroski F-Score6/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.88A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion143.1%A
Grade A: StrongFCF / Net Income
Margin Stability39.4%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue19.6%D
Grade D: HeavyTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.47xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Gaspar Clay M Filed | Gaspar Clay M | BuyOpen market buy | +3.9K | |
Lowe Robert Ferrall III Filed | Lowe Robert Ferrall III | SellOpen market sale | -6756 | |
Gaspar Clay M Filed | Gaspar Clay M | Grant / award | +54.0K | |
JORDEN THOMAS E Filed | JORDEN THOMAS E | Gift | +7.7K | |
JORDEN THOMAS E Filed | JORDEN THOMAS E | Gift | -7684 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
KINDICK KELT Filed | KINDICK KELT | Grant / award | +5.6K | |
Fox Ann G Filed | Fox Ann G | Grant / award | +5.6K | |
Brock Amanda M Filed | Brock Amanda M | Grant / award | +5.6K |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
70B+ROIC >12% Years7/8 yrsA
Grade A: DurableShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)62.3%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor-55.5%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$2.98
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$0.83
Cash & short-term investments per share (Finnhub)
Book Value / Share$36.30
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$11.89B
Total debt obligations (short + long term)
Cash & Equiv.$950.00M
Cash and short-term investments
Net Debt$10.94B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$41.75B
Shareholders' equity (book value)
Asset / Liability2.43xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$55.83B
Current Market Capitalization
Beta0.53B
Grade B: DefensivePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 16, 2026
Key Insights: Devon Energy Corporation (DVN)
DVN is up 3.07% in after-hours trading. Piotroski F-Score of 6/9 indicates mixed fundamentals for Devon Energy Corporation. Altman Z-Score of 1.53 is below the 1.81 distress threshold — an elevated financial-risk flag. Beneish M-Score of -2.88 suggests a low likelihood of earnings manipulation.
- Devon Energy Corporation converts about 24% of revenue into free cash flow — strong cash generation.
- Takes ~2.3 years to repay net debt from free cash flow.
- Devon Energy Corporation posted a net loss in 3 of 10 available completed fiscal years (2016–2025).
See how DVN ranks on the Capex Tracker — top 50 capital spenders compared.
No significant market moves for DVN in the last 30 days.
See DVN move history →Frequently Asked Questions about DVN
What is the current Devon Energy Corporation (DVN) stock price?
DVN is trading at $50.75 in after-hours trading, up 3.07% on the session. PreMarketPrice tracks DVN pre-market, intraday and after-hours prices.
Is DVN stock a buy right now?
PreMarketPrice's quantitative model rates Devon Energy Corporation's financial health at 46/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is DVN stock overvalued?
Devon Energy Corporation trades at a trailing P/E of 17.0 and our valuation score rates it 65/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Devon Energy Corporation report earnings?
No confirmed earnings date is currently scheduled for DVN. The Earnings section lists recent reports and updates as dates are announced.
What sector does Devon Energy Corporation operate in?
Devon Energy Corporation operates in the Energy sector, within the Crude Petroleum & Natural Gas industry. The Related Stocks section lists sector peers for comparison.
What does Devon Energy Corporation do?
Devon Energy is an oil and gas producer with acreage in several top US shale plays.
About Devon Energy Corporation (DVN) Stock
Devon Energy Corporation (DVN) is a US-listed stock operating in the Energy sector, specifically the Crude Petroleum & Natural Gas industry. As of the latest update, Devon Energy Corporation is trading at $50.75, up 3.07% on the day with a market capitalization of $55.8 billion. The financial health score for DVN is 46/100, which indicates moderate financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for DVN stock.
DVN Stock Analysis & Key Metrics
On PreMarketPrice, you can track Devon Energy Corporation (DVN) across multiple dimensions:
- Pre-market price & movement: Real-time DVN stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for DVN with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Devon Energy Corporation across multiple reporting periods.
- Financial health score: A composite score of 46/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for DVN.
- Sector peers: Compare DVN against 5 other energy stocks on key financial metrics.
Is DVN a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Devon Energy Corporation (DVN) as an investment. The financial health score of 46/100 suggests moderate financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Devon Energy Corporation (DVN) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.