DVN Stock Recent News

Devon Energy Corporation offers a compelling value opportunity with a forward PE of 7.6x, a 3.6% dividend yield, and 9% dividend growth. DVN's robust production growth, efficient capital deployment, and strong reserve replacement ratio highlight its operational excellence and future growth potential. Its strong financial position, including investment-grade credit ratings and substantial liquidity, supports its shareholder-friendly capital return strategy.

Companies like EOG, FANG and DVN displayed solid operational and financial performances, supported by record production levels, cost management and shareholder returns.

Devon Energy (DVN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Devon Energy remains inherently discounted compared to its peers despite the recent bounce, thanks to its growing production capacity and richer profit margins. Thanks to the still healthy balance sheet and rich cash flow generations, we believe that the oil/gas company remains well positioned to continue deleveraging while paying out dividends. On the other hand, readers must note that the oil/ gas sector is an inherently volatile sector, worsened by the ongoing OPEC+ output relaxation and non-OPEC+ increases.

Energy stocks are proving their strength, outperforming the market despite oil price stagnation. Structural shifts, deglobalization, and inflation favor long-term upside. Shale growth is slowing, and oil companies are prioritizing cash flow over expansion. With rising costs, $70 oil is the new $50, limiting U.S. production at lower prices. Uncertainty in policy and tariffs adds pressure, but I see oil stabilizing near $90 long term. My top energy picks remain strong plays for income and capital appreciation.

The S&P 500 index recently slipped over 10% from its peak and officially entered the correction territory. Although it has rebounded since, the heightened volatility amid economic and geopolitical concerns and stubborn inflation have put dividend stocks in the spotlight.

In the most recent trading session, Devon Energy (DVN) closed at $37.47, indicating a +1.35% shift from the previous trading day.

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OKLAHOMA CITY, March 26, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report first-quarter 2025 results on Tuesday, May 6, after the close of U.S. financial markets. The earnings release and presentation for the first-quarter 2025 results will be available on the company's website at www.devonenergy.com.

Devon Energy (DVN) reachead $36.97 at the closing of the latest trading day, reflecting a +0.03% change compared to its last close.