Devon Energy Corporation
DVN · NYSE
- $50.23
- $54.70B
- Open
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- $49.61 - $51.70
- $31.47 - $52.71
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- 14.66M
About Devon Energy Corporation
Devon Energy Corporation is an upstream oil and natural-gas producer that makes money by exploring for, developing and selling hydrocarbons from its production assets. Its economically relevant products include crude oil, natural gas and natural-gas liquids, sold into energy markets to commercial, industrial and other purchasers. The supplied evidence does not provide a defensible percentage split among products, operating segments or customer groups. Devon generated $16.8 billion of revenue and $2.6 billion of net income in FY2025, compared with $15.9 billion and $2.9 billion, respectively, in FY2024.
Notable Price Movement
- Aug 3-7$42.984.76%
Devon Energy rose 3.26%, from $42.66 to $44.05 across the supplied window. The stock jumped to $44.46 on July 29, eased to $44.17 on July 30, and then reached $45.13 on July 31 before giving back part of that advance on August 3-4. The main identifiable support was a strong broader-market backdrop: the S&P 500 gained 1.79% on Tuesday as technology earnings impressed and investors anticipated progress toward reopening the Strait of Hormuz amid easing Middle East tensions. Devon also reported second-quarter earnings and revenue that exceeded estimates by 20.77% and 17.76%, respectively, although the release was listed for after the August 4 close, so the evidence does not establish that the beat drove the full move.
