DVN continues to offer a deep-value Buy thesis, driven by the overly discounted valuations against its upstream/diversified oil/gas peers and the increasingly healthier balance sheet. The lowered capex intensity has also been made more impressive by the increased production output, particularly in natural gas, allowing them to benefit from higher data center-related demand growth. Despite the suspended variable dividends and the modest forward yields of 2.56%, DVN's shareholder returns remain well supported by share retirement.
Devon Energy (DVN) reported earnings 30 days ago. What's next for the stock?
Zacks.com users have recently been watching Devon Energy (DVN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Clay M. Gaspar CEO | XSTU Exchange | US25179M1036 ISIN |
| US Country | 2,300 Employees | 15 Dec 2025 Last Dividend | 16 Nov 2004 Last Split | 17 Mar 1992 IPO Date |
Devon Energy Corporation is a distinguished independent energy company focusing on the exploration, development, and production of oil, natural gas, and natural gas liquids across the United States. Established in 1971, the company has deepened its footprint in key US basins, including Delaware, Eagle Ford, Anadarko, Williston, and Powder River. Headquartered in Oklahoma City, Oklahoma, Devon Energy has cemented its position as a leading player in the energy sector by emphasizing sustainable practices and innovative technologies in its operations.
Devon Energy specializes in the exploration and production of oil, leveraging advanced technology and sustainable methods to maximize efficiency and reduce environmental impact. The company focuses on strategic locations within the United States to ensure a steady and reliable supply of oil, catering to both national and international markets.
Alongside oil, Devon Energy is heavily invested in the exploration and production of natural gas. This involves extracting natural gas from various basins across the US, using state-of-the-art technologies to ensure the extraction process is both efficient and environmentally friendly. Devon Energy's natural gas operations support a wide range of industries, contributing to the global energy mix.
Natural Gas Liquids (NGLs) are an important byproduct of natural gas processing and oil refining, used in a variety of industrial and residential applications. Devon Energy's NGLs production focuses on extracting these valuable liquids, which include ethane, propane, butanes, and pentanes plus, to meet the growing demand in diverse sectors such as petrochemical manufacturing, heating, and cooking.