Markets open

Devon Energy Corporation

DVN · NYSE

Symbol: DVN
Type: Stock
Sector: Energy
Industry: Oil & Gas Production
Country: North America
Exchange: NYSE

Devon Energy is a leading oil and gas producer in the U.S. with a diversified multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin. Devon's disciplined cash-return business model is designed to achieve strong returns, generate free cash flow and return capital to shareholders, while focusing on safe and sustainable operations.

Key Issues

Bullish view

Devon beat second-quarter earnings estimates by 20.77% and revenue estimates by 17.76%, while FY2025 revenue rose to $16.8 billion from $15.9 billion.

Bearish view

FY2025 net income declined to $2.6 billion from $2.9 billion despite higher revenue, indicating that growth has not translated consistently into bottom-line expansion.