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Devon Energy Corp

DVN.N

Latest Trade

17.80USD

Change

-0.59(-3.21%)

Volume

3,347,652

Today's Range

17.31

 - 

18.07

52 Week Range

4.70

 - 

24.85

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

Pricing

Previous Close
18.39
Open
17.80
Volume
3,347,652
3M AVG Volume
252.52
Today's High
18.07
Today's Low
17.31
52 Week High
24.85
52 Week Low
4.70
Shares Out (MIL)
382.53
Market Cap (MIL)
6,809.00
Forward P/E
-408.26
Dividend (Yield %)
2.47

Next Event

Q4 2020 Devon Energy Corp Earnings Release

Latest Developments

More

Encap Partners GP LLC Reports 13.2% Stake In Devon Energy As Of Jan. 7

BKV Says Funds Managed By Oaktree Capital Management L.P. Invested $100 Mln In Preferred Equity In BKV

Devon Energy Completes Sale Of Barnett Shale Assets

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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

David A. Hager

Executive Chairman of the Board

Richard E. Muncrief

President, Chief Executive Officer, Director

Jeffrey L. Ritenour

Chief Financial Officer, Executive Vice President

Clay M. Gaspar

Chief Operating Officer, Executive Vice President

Lyndon C. Taylor

Executive Vice President, Chief Legal and Administrative Officer

Key Stats

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

2017

13.9K

2018

10.7K

2019

6.2K

2020(E)

4.7K
EPS (USD)

2017

1.590

2018

1.290

2019

1.080

2020(E)

-0.047
Price To Earnings (TTM)
--
Price To Sales (TTM)
1.43
Price To Book (MRQ)
2.26
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
150.41
LT Debt To Equity (MRQ)
150.18
Return on Investment (TTM)
-23.63
Return on Equity (TTM)
-20.29

Latest News

Latest News

Devon cuts spending forecast again on improved well performance

Devon Energy Corp <DVN.N> lowered its spending forecast slightly on Thursday, while raising production outlook for the year as it benefited from improved efficiency at oil and gas wells and a recovery in oil prices as coronavirus-related lockdowns eased.

Devon Energy posts third straight quarterly loss

Shale oil and gas producer Devon Energy posted a third straight quarterly loss on Thursday as oil prices remained weak.

Devon-WPX deal offers a playbook for future shale consolidation

The latest business combination in the U.S. shale patch is signaling a path forward for the troubled sector.

Devon Energy to buy shale-oil rival WPX Energy for $2.56 billion

U.S. oil and gas producer Devon Energy Corp said on Monday it will buy shale-oil rival WPX Energy Inc for $2.56 billion as it looks to boost its presence in the top U.S. oilfield.

Firms feast on old-school industry M&A with steel, energy tie-ups

In a M&A season marked by big technology and life sciences deals, this week kicked off with a pair of mergers in the metals and energy industries as Cleveland-Cliffs Inc announced it's acquiring the U.S. operations of ArcelorMittal S.A. and Devon Energy said it would combine...

U.S. shale producer Devon Energy to buy rival WPX

U.S. shale producer Devon Energy Corp said on Monday it would buy peer WPX Energy Inc in an all-stock deal that would create a combined company worth around $12 billion.

Exclusive: U.S. shale producer Devon in talks to acquire peer WPX

U.S. shale producer Devon Energy Corp is in talks to acquire rival WPX Energy Inc in an all-stock transaction that would create a company worth around $6 billion, people familiar with the matter said on Saturday.

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.

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

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