DVN Stock Recent News

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.

It's no secret that the market has lost interest in oil stocks over the past year. Indeed, all three stocks covered here -- namely, Devon Energy (DVN -0.71%), Diamondback Energy (FANG -0.78%), and Vitesse Energy (VTS -1.66%) -- have declined over the last year.

Devon Energy (DVN) closed at $32.48 in the latest trading session, marking a +1.09% move from the prior day.

OKLAHOMA CITY, June 25, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report second-quarter 2025 results on Tuesday, August 5, after the close of U.S. financial markets. The earnings release and presentation for the second-quarter 2025 results will be available on the company's website at www.devonenergy.com.

Devon Energy Corporation (NYSE:DVN ) J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference June 24, 2025 10:20 AM ET Company Participants Clay Gaspar - President, CEO & Director Conference Call Participants Arun Jayaram - JPMorgan Chase & Co, Research Division Arun Jayaram Yes, we're going to keep things moving.

In the closing of the recent trading day, Devon Energy (DVN) stood at $32.35, denoting a -1.46% move from the preceding trading day.

President Donald Trump has revived his familiar “drill, baby, drill” rhetoric, urging the Energy Department to facilitate greater U.S. oil production.

Oil prices took a plunge earlier this year. WTI, the primary U.S. oil price benchmark, fell from its peak at above $80 a barrel to a low point of around $60 a barrel due to concerns that President Donald Trump's tariff plan would slow the economy and sap oil demand.

Devon Energy benefits from surging petroleum prices due to the Middle East turmoil, boosting its earnings and free cash flow outlook. The company's multi-basin production strategy and aggressive capital returns, including buybacks and dividends, strengthen its investment case. Devon Energy returned almost 50% of its free cash flow in the first quarter to shareholders, mostly in the form of stock buybacks.

Devon Energy remains undervalued despite recent weakness in oil prices, presenting a compelling investment opportunity. The company's growth initiatives and capital improvements position it well for long-term value creation. Shareholder returns are supported by disciplined capital allocation and a focus on free cash flow generation.