About Devon Energy Corporation
Devon Energy Corporation (DVN) has been publicly traded since 1985, making it a 41-year-old public company. It operates in the Oil & Gas E&P industry within the Energy sector. The company is headquartered in Oklahoma City, United States and employs approximately 2,200 people. With a market capitalization of $29 billion, DVN is a large established company.
Key Statistics
- Current Price
- $46.29
- Market Cap
- $28.71B
- 52-Week High
- $46.41
- 52-Week Low
- $25.89
- Sector
- Energy
- Industry
- Oil & Gas E&P
$1,000 Invested
Monthly Returns Heatmap
Annual Returns
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | +26.10% | $36.63 | $46.19 |
| 2025 | +15.03% | $31.84 | $36.63 |
| 2024 | -25.21% | $42.58 | $31.84 |
| 2023 | -21.83% | $54.46 | $42.58 |
| 2022 | +50.86% | $36.10 | $54.46 |
| 2021 | +195.89% | $12.20 | $36.10 |
| 2020 | -35.34% | $18.87 | $12.20 |
| 2019 | +16.81% | $16.15 | $18.87 |
| 2018 | -45.09% | $29.42 | $16.15 |
| 2017 | -8.74% | $32.23 | $29.42 |
| 2016 | +44.89% | $22.25 | $32.23 |
| 2015 | -46.62% | $41.68 | $22.25 |
| 2014 | +0.36% | $41.53 | $41.68 |
| 2013 | +20.68% | $34.41 | $41.53 |
| 2012 | -14.93% | $40.45 | $34.41 |
| 2011 | -20.29% | $50.75 | $40.45 |
| 2010 | +7.82% | $47.07 | $50.75 |
| 2009 | +13.12% | $41.61 | $47.07 |
| 2008 | -25.47% | $55.83 | $41.61 |
| 2007 | +33.52% | $41.81 | $55.83 |
| 2006 | +8.07% | $38.69 | $41.81 |
| 2005 | +61.58% | $23.95 | $38.69 |
| 2004 | +36.79% | $17.51 | $23.95 |
| 2003 | +25.25% | $13.98 | $17.51 |
| 2002 | +19.26% | $11.72 | $13.98 |
| 2001 | -36.19% | $18.37 | $11.72 |
| 2000 | +86.16% | $9.87 | $18.37 |
| 1999 | +7.78% | $9.15 | $9.87 |
| 1998 | -19.80% | $11.41 | $9.15 |
| 1997 | +11.40% | $10.25 | $11.41 |
| 1996 | +37.03% | $7.48 | $10.25 |
| 1995 | +40.48% | $5.32 | $7.48 |
| 1994 | -10.99% | $5.98 | $5.32 |
| 1993 | +38.07% | $4.33 | $5.98 |
| 1992 | +69.01% | $2.56 | $4.33 |
| 1991 | -22.83% | $3.32 | $2.56 |
| 1990 | -14.81% | $3.90 | $3.32 |
| 1989 | +184.21% | $1.37 | $3.90 |
| 1988 | +123.53% | $0.61 | $1.37 |
| 1987 | -56.41% | $1.41 | $0.61 |
| 1986 | -38.10% | $2.27 | $1.41 |
Valuation
DVN currently trades at a trailing P/E ratio of 11.1, which is considered low relative to the broader market. The forward P/E of 10.1 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 1.9. The price-to-sales ratio is 1.8.
Dividends
Devon Energy Corporation pays a dividend to shareholders with a current yield of 2.08%. This translates to $0.96 per share annually. The payout ratio of 23% indicates sustainable dividend coverage.
Risk & Volatility
DVN has a beta of 0.62, indicating it is less volatile than the overall market. The stock's 52-week range is $25.89 to $46.41, and it currently trades near its 52-week high.
Analyst Ratings
Based on 26 analyst opinions, DVN has a consensus "buy" rating. The average price target of $51.88 suggests 12.2% upside from current levels.
Frequently Asked Questions
What does Devon Energy Corporation do? ▼
Devon Energy Corporation is a Oil & Gas E&P company operating in the Energy sector. The company is headquartered in Oklahoma City, United States.
What sector is DVN in? ▼
DVN operates in the Energy sector, specifically in the Oil & Gas E&P industry.
When did DVN go public? ▼
Devon Energy Corporation went public in 1985, making it a 41-year-old public company as of 2026.
Does DVN pay dividends? ▼
Yes, Devon Energy Corporation pays a dividend with a current yield of 2.08%, which is $0.96 per share annually.
What is DVN's market cap? ▼
Devon Energy Corporation has a market capitalization of $29 billion, classifying it as a large-cap company.
What is DVN's P/E ratio? ▼
DVN has a trailing P/E ratio of 11.1 and a forward P/E of 10.1, which measures how much investors are paying per dollar of earnings.
Is DVN a buy, hold, or sell? ▼
Based on 26 opinions, DVN has a consensus "buy" rating. The average price target is $51.88.
Last updated: 3/14/2026