DVN Devon Energy Corporation - Fundamental Analysis
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DVN Stock | Fundamental Analysis & Investment Insights
NYSE
Energy
Oil & Gas E&P
Current Price
Live
$36.2
Analyst Target
$44.7
+23.5%
Upside
52W High
$38.88
52W Low
$25.89
At a glance
Key valuation, profitability, growth, and risk metrics.
Updated Jan 17, 2026
Market cap
$22.98B
P/E
8.54
ROE
18.6%
Profit margin
16.4%
Debt/Equity
0.56
Dividend yield
2.64%
AI Analysis
AI-powered fundamental assessment
Confidence
72%
DVN's deterministic health score is concerning with a Piotroski F-Score of 4/9, indicating marginal financial stability. While profitability metrics like ROE (18.59%) and gross margin (49.35%) are strong and above sector averages, weak earnings growth (YoY: -16.20%) and a bearish technical trend (10/100) offset value appeal. The stock trades below the analyst target ($44.70) and at a low P/E of 8.54 versus sector average of 19.76, suggesting undervaluation, but poor insider sentiment and declining earnings pressure the outlook. Dividend safety is solid with a low 22.17% payout ratio, though yield is modest at 2.64%.
Key Strengths
High profitability with ROE (18.59%) and gross margin (49.35%) well above sector averages
Attractive valuation: P/E of 8.54 vs sector average of 19.76
Low debt/equity ratio of 0.56, in line with sector average and supportive of financial flexibility
Dividend is well-covered with a conservative 22.17% payout ratio
Stock trades below analyst target price of $44.70, implying 23.5% upside
Key Risks
Weak Piotroski F-Score of 4/9 signals marginal financial health and potential operational inefficiencies
Earnings under pressure with YoY EPS decline of 5.5% and YoY earnings growth of -16.20%
Poor technical trend (10/100) suggests strong near-term bearish momentum
Insider selling activity over the past 6 months indicates lack of confidence from insiders
Current and quick ratios below 1.0 (0.96 and 0.76) raise short-term liquidity concerns
AI Fair Value Estimate
Based on comprehensive analysis
$44.7
+23.5% above current price
Performance Snowflake
Multi-dimensional analysis across 5 key categories
Overall
61
Strong
82
40
65
48
68
AI Verdict
Neutral with value appeal offset by weak earnings momentum and technicals
Key drivers: Low P/E and undervaluation relative to peers, Strong historical profitability, Declining earnings and weak technical trend, Marginal financial health per Piotroski, Bearish insider activity
Confidence
75%
Value
82/100
Ref P/E, PEG, Graham Number
Positives
- P/E of 8.54 well below sector average of 19.76
- Price/Sales of 1.39 below sector median
- Stock trading below analyst target of $44.70
Watchpoints
- Graham Number ($48.25) not significantly above current price, limiting deep value margin
- Intrinsic value ($29.68) below current price, suggesting overvaluation on growth basis
Future
40/100
Ref Growth rates
Positives
- Recent Q/Q EPS growth of +23.8% shows potential rebound
- Revenue growth (YoY) of 7.10% remains positive
Watchpoints
- Earnings growth (YoY) down -16.20%
- Q/Q earnings growth of -15.40% indicates ongoing deterioration
- PEG Ratio unavailable due to negative growth
Past
65/100
Ref Historical trends
Positives
- History of beating earnings estimates in prior years (e.g., +40.3% in 2021)
- Strong EPS growth from depressed 2020 levels
- 5Y price return of +134.5% reflects strong long-term capital appreciation
Watchpoints
- Last 4 quarters beat rate of only 1/4
- 3Y and 1Y returns negative (-35.6%, -3.1%) indicating recent underperformance
Health
48/100
Ref Altman Z-Score, Piotroski F-Score
Positives
- Debt/Equity of 0.56 is moderate and in line with sector
- ROIC not available but ROA (8.02%) and ROE (18.59%) are healthy
Watchpoints
- Piotroski F-Score of 4/9 indicates weak financial health
- Current ratio (0.96) and quick ratio (0.76) below 1.0 signal short-term liquidity risk
- Altman Z-Score not available, limiting distress risk assessment
Dividend
68/100
Ref Yield, Payout
Positives
- Dividend payout ratio of 22.17% is very conservative
- Yield of 2.64% is above S&P 500 average
Watchpoints
- Dividend Strength score of 35/100 indicates limited growth or consistency track record
- No 5-year average yield data, suggesting possible instability
Stock Price & Analyst Targets
Real-time price movements and analyst price targets
Current Price
$36.2
Analyst Target
$44.7
Upside/Downside
+23.5%
Multi-Horizon Performance vs Peers
Price momentum across 5Y → 1W horizons for DVN and closest competitors.
Updated 2026-01-16
| Company | 5Y | 3Y | 1Y | 6M | 1M | 1W |
|---|---|---|---|---|---|---|
|
DVN
Devon Energy Corporation
Primary
|
+134.5% | -35.6% | -3.1% | +11.7% | -2.0% | +1.2% |
|
HAL
Halliburton Company
Peer
|
+73.5% | -18.0% | +14.6% | +55.6% | +17.4% | -0.2% |
|
APA
APA Corporation
Peer
|
+84.3% | +10.9% | +90.4% | +54.1% | +22.0% | +5.5% |
|
AR
Antero Resources Corporation
Peer
|
+399.9% | +14.2% | -15.4% | +5.4% | +0.3% | +6.0% |
|
AM
Antero Midstream Corporation
Peer
|
+228.5% | +103.9% | +19.4% | +11.2% | +4.9% | +2.5% |
Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.
Historical Performance Trends
Long-term financial metrics and growth patterns
Revenue & Net Income
Profit & Operating Margins
Return on Equity (ROE)
Quarterly Revenue Growth
Historical data shows last 12 quarters (3 years)
Valuation Metrics
Key valuation ratios and pricing indicators
P/E Ratio
8.54
Forward P/E
9.14
PEG Ratio
N/A
P/B Ratio
1.48
P/S Ratio
1.39
EV/Revenue
1.82
EV/EBITDA
3.93
Market Cap
$22.98B
Profitability
Profit margins and return metrics
Profit Margin
16.43%
Operating Margin
24.2%
Gross Margin
49.35%
ROE
18.59%
ROA
8.02%
Growth
Revenue and earnings growth rates
Revenue Growth
+7.1%
Earnings Growth
-16.2%
Q/Q Revenue Growth
N/A
Q/Q Earnings Growth
-15.4%
Financial Health
Balance sheet strength and liquidity metrics
Debt/Equity
0.56
Moderate
Current Ratio
0.96
Weak
Quick Ratio
0.76
Poor
Cash/Share
$1.96
Quarterly Earnings History
EPS performance vs analyst estimates
2026-02-17
$N/A
2025-11-05
$1.04
+10.6% surprise
2025-08-05
$0.84
-2.8% surprise
2025-05-06
$1.21
-1.5% surprise
Energy Sector Comparison
Comparing DVN against 26 companies in the Energy sector
(0 bullish, 20 neutral, 6 bearish)
P/E Ratio
8.54
This Stock
vs
23.13
Sector Avg
-63.1%
(Discount)
Return on Equity (ROE)
18.59%
This Stock
vs
7.95%
Sector Avg
+133.7%
(Excellent)
Profit Margin
16.43%
This Stock
vs
8.82%
Sector Avg
+86.2%
(Superior)
Debt to Equity
0.56
This Stock
vs
0.68
Sector Avg
-16.7%
(Lower)
Revenue Growth
7.1%
This Stock
vs
4.1%
Sector Avg
+73.3%
(Fast Growth)
Current Ratio
0.96
This Stock
vs
1.18
Sector Avg
-19.2%
(Weaker)
Similar Companies
Peer comparison within the same industry
| Company | AI Rating | Market Cap | P/E | ROE | Profit Margin | Price | |
|---|---|---|---|---|---|---|---|
|
DVN
Devon Energy Corporation
|
NEUTRAL | $22.98B | 8.54 | 18.6% | 16.4% | $36.2 | |
|
HAL
Halliburton Company
|
NEUTRAL | $27.77B | 21.57 | 12.8% | 5.9% | $32.57 | |
|
APA
APA Corporation
|
NEUTRAL | $12.18B | 8.64 | 25.3% | 16.5% | $34.47 | |
|
AR
Antero Resources Corporation
|
NEUTRAL | $10.58B | 18.14 | 8.6% | 11.8% | $34.29 | |
|
AM
Antero Midstream Corporation
|
BEARISH | $8.97B | 19.13 | 22.5% | 37.8% | $18.75 |
Recent Insider Trading
Insider buy and sell transactions from the last 6 months
| Date | Insider | Position | Transaction | Shares | Value |
|---|---|---|---|---|---|
| 2025-11-21 | CAMERON DENNIS CLARKE | General Counsel | Gift | 11,411 | - |
| 2025-10-09 | SMOLIK BRENT J | Director | Stock Award | 4,495 | - |
| 2025-08-11 | KINDICK KELT | Director | Sale | 7,685 | $257,140 |
Insider transactions can signal confidence or concerns about company prospects
Wall Street Analysts
Professional analyst ratings and price targets
Consensus
BUY
30 analysts
Scotiabank
2026-01-16
Sector Outperform
Sector Perform
Bernstein
2026-01-05
Outperform
Outperform
Roth Capital
2025-12-31
Buy
Buy
Citigroup
2025-12-17
Buy
Buy
UBS
2025-12-12
Neutral
Buy
Mizuho
2025-12-12
Outperform
Outperform
Morgan Stanley
2025-12-11
Overweight
Overweight
JP Morgan
2025-12-08
Neutral
Overweight
Piper Sandler
2025-11-18
Overweight
Overweight
Susquehanna
2025-11-12
Positive
Positive
Past News Coverage
Recent headlines mentioning DVN from our newsroom.
Newest → oldest
No matching news yet.