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Devon Energy Corp

DVN.N

Latest Trade

12.51USD

Change

0.15(+1.21%)

Volume

1,152,768

Today's Range

12.31

 - 

12.74

52 Week Range

4.70

 - 

28.41

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
12.36
Open
12.67
Volume
1,152,768
3M AVG Volume
204.80
Today's High
12.74
Today's Low
12.31
52 Week High
28.41
52 Week Low
4.70
Shares Out (MIL)
382.80
Market Cap (MIL)
4,788.83
Forward P/E
-38.54
Dividend (Yield %)
3.52

Next Event

Dividend For DVN.N - 0.2600 USD

Latest Developments

More

Devon Energy Reports Second-Quarter 2020 Financial And Operational Results

Devon Energy Provides Barnett Update, Announces Special Dividend And Outlines Next Steps In Cost-Reduction Plan

Devon Energy Announces Third-Quarter 2020 Cash Dividend For Common Stockholders

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About Devon Energy Corp

Devon Energy Corporation is an independent energy company. The Company operates through its U.S operating segment. Its U.S operating segment is engaged exploration, development and production of oil, natural gas and natural gas liquids (NGL). The Company’s operations are concentrated in various North American onshore areas in the United States. The Company’s operations are focused in four core oil producing areas: the Delaware Basin, Eagle Ford, STACK and Rockies Oil. The Company’s Delaware Basin offers exploration and development opportunities from geologic reservoirs and play types, including the oil-rich Bone Spring, Wolfcamp and Leonard formations. The Company operates approximately 10 rigs in the asset. Its acreage in the Rockies Oil is focused on emerging oil opportunities in the Powder River Basin. Rockies Oil operates two rigs targeting the Turner, Parkman, Teapot and Niobrara formations in northern Converse County of the Powder River Basin.

Industry

Oil & Gas Operations

Contact Info

333 W Sheridan Ave

OKLAHOMA CITY, OK

73102-5010

United States

+1.405.5528183

http://www.devonenergy.com

Executive Leadership

Duane Carl Radtke

Chairman of the Board

David A. Hager

President, Chief Executive Officer, Director

Jeffrey L. Ritenour

Chief Financial Officer, Executive Vice President

Lyndon C. Taylor

Executive Vice President, Chief Legal and Administrative Officer

David Gerard Harris

Executive Vice President, Exploration and Production

Key Stats

2.07 mean rating - 30 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

13.9K

2018

10.7K

2019

6.2K

2020(E)

4.4K
EPS (USD)

2017

1.590

2018

1.290

2019

1.080

2020(E)

-0.375
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.86
Price To Book (MRQ)
1.48
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
140.84
LT Debt To Equity (MRQ)
140.63
Return on Investment (TTM)
-20.64
Return on Equity (TTM)
-16.78

Latest News

Latest News

U.S. shale producers Pioneer Natural Resources, Devon pitch plans for variable dividend

Pioneer Natural Resources <PXD.N> and Devon Energy Corp <DVN.N> plan a variable dividend, executives at the U.S. shale producers said on Wednesday as companies in the battered sector seek ways to reward shareholders after years of poor returns.

UPDATE 2-Pioneer Natural Resources posts smaller-than-expected loss on cost cuts

Pioneer Natural Resources Co on Tuesday posted a quarterly loss that was smaller than estimates, as the U.S shale producer reined in costs to cushion a blow from the coronavirus-induced plunge in oil prices.

Shale producer Devon Energy curtails 10,000 bbls per day of oil production

Shale producer Devon Energy Corp has curtailed roughly 10,000 barrels per day of oil production, its chief executive said at an energy conference on Tuesday, but said Devon still expects to end the year with output flat with 2019 levels.

Shale producer Devon Energy has curtailed 10,000 bbls per day of oil production

Shale producer Devon Energy Corp has curtailed roughly 10,000 barrels per day of oil production, the company said at an energy conference on Tuesday.

Why U.S. energy CEOs will get big payouts despite oil meltdown

National Oilwell Varco Inc (NOV) has had a rough few years: Since 2017, the Houston company, whose drilling equipment is in major oilfields worldwide, has lost two-thirds of its value, costing shareholders a combined $9 billion.

Devon Energy posts bigger loss on $2.8 billion asset writedown, cuts output view

Oil and gas producer Devon Energy <DVN.N> posted a bigger quarterly loss on Tuesday as it took an asset writedown of $2.8 billion and said it expects to cut 10,000 barrels of a day in the second quarter as oil prices crater.

Devon reports bigger quarterly loss on $2.8 bln impairment charge

Oil and gas producer Devon Energy on Tuesday reported a bigger quarterly loss as it took a non-cash impairment charge of $2.8 billion, and said it expects to cut 10,000 barrels of oil per day in the second quarter as oil prices cratered to historic lows.

Devon Energy further cuts 2020 capital spending by $300 million

Oil and gas producer Devon Energy <DVN.N> said on Monday it was further reducing its capital expenditures by $300 million to $1 billion for 2020, citing weak oil prices.

Devon Energy further cuts 2020 capital spending by $300 mln

Oil and gas producer Devon Energy on Monday said it is further reducing its capital expenditure by $300 million to nearly $1 billion for 2020, citing weak oil prices.

Devon joins shale firms to cut spending as oil hovers at $30

U.S. oil and gas producer Devon Energy Corp on Thursday cut its 2020 spending forecast by $500 million or nearly 30% to about $1.3 billion, joining its shale peers as the industry battles a slump in crude prices.

Devon slashes 2020 capex by 30%

U.S. oil and gas producer Devon Energy on Thursday cut spending by $500 million to about $1.3 billion from its prior forecast for 2020, joining its shale peers as the industry battles a slump in crude prices.

Shares of shale firms Concho, Diamondback, Devon rise on dividend hike 'fireworks'

Shares of U.S. shale producers Concho Resources <CXO.N>, Devon Energy <DVN.N> and Diamondback Energy <FANG.O> rose on Wednesday after the companies hiked dividends and posted profits that beat Wall Street expectations.

Shares in shale firms Concho, Diamondback, Devon rise on dividend hike 'fireworks'

Shares in U.S. shale producers Concho Resources, Devon Energy and Diamondback Energy rose on Wednesday after they hiked dividends and posted profits that beat Wall Street expectations.

Concho, Devon to spend less in 2020 as investors press for returns

Shale producers Concho Resources Inc <CXO.N> and Devon Energy Corp <DVN.N> reined in spending plans for the year as investors try to save cash in the backdrop of weak oil and gas prices.

Devon Energy raises 2020 production forecast, cuts spending plans

Devon Energy Corp on Tuesday raised its oil production forecast for the full year, while cutting its spending plans for 2020.

Devon Energy to book $650 million-$750 million charge tied to Barnett asset sale

U.S. oil and gas producer Devon Energy Corp said https://bit.ly/2ExoNWW on Wednesday it expects to take a non-cash pretax charge of $650 million to $750 million in the fourth quarter related to the sale of its assets in the Barnett shale in north Texas.

Devon Energy beats estimates, raises forecast for oil output

Devon Energy Corp beat Wall Street estimates for adjusted quarterly profit on Tuesday and raised its full-year oil output forecast, as the U.S. oil and gas producer kept a check on expenses.

Devon Energy third-quarter profit falls

Devon Energy Corp reported a much smaller quarterly profit on Tuesday, as the U.S. oil and gas producer's year-earlier quarter included a $2.2 billion gain from the sale of its stake in pipeline operator EnLink Midstream.

Devon Energy profit beats, raises oil output forecast

Devon Energy Corp <DVN.N> raised its full-year oil output forecast and beat estimates for quarterly profit on Tuesday, as the U.S. oil and gas producer drilled more in Delaware basin and sold it at higher prices while keeping a tight lid on expenses.

Devon energy raises U.S. oil output forecast on Delaware basin strength

U.S. oil and gas producer Devon Energy Corp raised its full-year oil production forecast and reported a quarterly profit on Tuesday, benefiting from lower expenses and higher output from its assets in the Delaware basin.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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