DVN Stock Recent News

Devon utilizes its free cash flow to reduce debts, buybacks, dividends and reinvestment, which will drive sustainable growth and shareholder value.

DVN stock continues to reduce debt, thereby cutting costs and boosting its financial flexibility as shares outperform peers.

Devon Energy Corporation (NYSE:DVN ) Barclays 39th Annual CEO Energy-Power Conference 2025 September 3, 2025 9:45 AM EDT Company Participants Clay Gaspar - President, CEO & Director Conference Call Participants Wei Jiang - Barclays Bank PLC, Research Division Presentation Wei Jiang Research Analyst All right. Moving on to our next one.

Devon Energy (DVN) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

The Undercovered Dozen spotlights 12 lesser-known stocks and ETFs, offering fresh investment ideas and sparking community discussion. AMLP, YMAX, NIO, Devon Energy, STRK, and Canadian Natural Resources are rated buy or strong buy. OMAH, MSTY, D-Wave Quantum, SCD, and IBIT are rated hold.

Energy is the most unloved and undervalued S&P 500 sector, offering significant contrarian opportunity for income and capital gains. Smart money is quietly accumulating energy stocks despite recent underperformance, as current oil prices are unsustainable for producers and OPEC. Royalty companies like Viper Energy and Kimbell Royalty Partners, as well as Canadian producers (among others), offer high yields and strong long-term fundamentals.

Devon Energy is a highly efficient, low-cost US oil and gas producer with strong growth, capital discipline, and proactive management amid volatile markets. Significant recent investments and acquisitions have driven record production, with capital efficiency and cost improvements supporting robust free cash flow even at lower oil prices. The company is undervalued versus peers, offers a ~10% total yield via buybacks and dividends, and is a potential acquisition target due to its attractive assets.

Devon Energy has been able to prove its excellent upstream thesis, with the improved capital efficiency and the higher production outputs well balancing the lower spot prices. Thanks to the OPEC+ accelerated output hikes and the US' higher crude oil production, it is unsurprising that the EIA already expects further supply/demand imbalance. These imply that the moderating oil and gas spot prices in 2026 are likely to suppress DVN's near-term prospects, albeit well balanced by the higher NGL exports/spot prices.

Devon Energy has maintained a strong free cash flow yield despite lower oil prices, thanks to improved operating efficiency and disciplined capital spending. The company is positioned to grow free cash flow by over 20% in 2026 through better NGL pricing, lower costs, and significant tax savings. DVN trades at a compelling valuation, with hidden value from future cost and tax improvements not yet reflected in its multiple.

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.