DVN - Devon Energy Corporation

NYSE - NYSE Delayed Price. Currency in USD
40.25
-1.46 (-3.50%)
At close: 4:02PM EDT
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Previous close41.71
Open41.36
Bid0.00 x 3000
Ask0.00 x 1400
Day's range40.04 - 41.50
52-week range28.79 - 45.16
Volume9,282,740
Avg. volume7,656,415
Market cap21.067B
Beta2.90
PE ratio (TTM)54.10
EPS (TTM)0.74
Earnings date30 Jul 2018 - 3 Aug 2018
Forward dividend & yield0.32 (0.76%)
Ex-dividend date2018-06-14
1y target est47.09
Trade prices are not sourced from all markets
  • These 2 Oil Stocks Could Skyrocket in the Second Half of 2018
    Motley Fool4 days ago

    These 2 Oil Stocks Could Skyrocket in the Second Half of 2018

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  • Oil & Gas Stock Roundup: Devon's Asset Sale, Exxon's Brazil Win & More
    Zacks5 days ago

    Oil & Gas Stock Roundup: Devon's Asset Sale, Exxon's Brazil Win & More

    With the monetization of midstream assets, Devon Energy (DVN) to is set to exceed its divestiture target, while Exxon Mobil (XOM) has decided to bet big on Brazil's offshore blocks.

  • Top MLP Losses in the Week Ending June 8
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    Top MLP Losses in the Week Ending June 8

    In the week ending June 8, Viper Energy Partners (VNOM), a royalty and mineral interest owner MLP, continued to be among the top MLP losses for the second consecutive week. Viper Energy Partners fell 9.5% last week. The partnership’s sharp decline last week could be due to its rating downgrade by Stifel and weakness in crude oil prices.

  • 3 Top Oil Stocks to Buy in June
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    3 Top Oil Stocks to Buy in June

    Shares of Devon Energy, Range Resources, and ExxonMobil look rather cheap right now. Here's why you may want to consider them for your portfolio.

  • 3 Incredibly Cheap Oil and Gas Stocks
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  • 3 Oil Stocks You May Be Overlooking
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    3 Oil Stocks You May Be Overlooking

    Devon Energy Corp, Apache Corporation, and Newfield Exploration are dirt-cheap given their growth prospects.

  • Surprise Buildup in US Crude Oil Inventories Helps Oil Bears
    Market Realist10 days ago

    Surprise Buildup in US Crude Oil Inventories Helps Oil Bears

    On June 6, the EIA (U.S. Energy Information Administration) released its weekly crude oil inventory report. It reported that US crude oil inventories increased 2.1 MMbbls (million barrels) to 436.6 MMbbls from May 25 to June 1. However, inventories decreased 76.6 MMbbls, or 15% year-over-year.

  • Devon to Monetize Midstream Assets, Buyback More Shares
    Zacks11 days ago

    Devon to Monetize Midstream Assets, Buyback More Shares

    Devon' (DVN) decision to monetize midstream assets is going to help lower its debts and improve shareholders' value through share buyback.

  • These Stocks Add To Hopes For $1 Trillion Investor Windfall This Year
    Investor's Business Daily11 days ago

    These Stocks Add To Hopes For $1 Trillion Investor Windfall This Year

    UnitedHealth and Devon Energy announced plans to heap more rewards on shareholders Wednesday, as 2018 shapes up to be a record year for dividends and buybacks.

  • The Wall Street Journal11 days ago

    [$$] Global Infrastructure Partners Buying Devon's Interest in EnLink Midstream

    Oil and gas producer Devon Energy Corp.’s interests in the Dallas midstream company includes stakes in EnLink Midstream Manager LLC, EnLink Midstream Partners LP and EnLink Midstream LLC.

  • Devon Energy Corp Unlocks Significant Value by Unloading Its Midstream Business
    Motley Fool11 days ago

    Devon Energy Corp Unlocks Significant Value by Unloading Its Midstream Business

    The oil giant plans to use the proceeds to buy back a significant portion of its outstanding stock.

  • Business Wire11 days ago

    Devon Energy Elects John Krenicki Jr. to Board of Directors

    Devon Energy Corp. (DVN) announced today that shareholders have elected John Krenicki Jr. to the board of directors. The board previously nominated Krenicki, and shareholders approved his selection at the company’s annual meeting today, during which the company’s existing board members were re-elected to one-year terms. The addition of Krenicki expands Devon’s board to 10 members, of whom eight are independent directors.

  • Business Wire12 days ago

    Devon Energy Announces Third-Quarter 2018 Cash Dividend for Common Stockholders

    Devon Energy Corp. announced today that its board of directors has declared a quarterly cash dividend on Devon’s common stock for the third quarter of 2018. The dividend is payable on Sept.

  • Reuters12 days ago

    Devon Energy to sell EnLink Midstream stakes as it streamlines assets

    "The EnLink proceeds, combined with proceeds from the non-core E&P assets already sold and those currently being marketed, will exceed our $5 billion divestiture target," Chief Executive Officer Dave Hager said in statement. "The midstream monetization may have come sooner than anticipated as some were expecting sale of Canada or the Eagle Ford," Kathy Yang, analyst at Cowen & Co, said. "Although the EnLink sale following the Johnson County Barnett sale brings the company's divestitures over its $5 billion target, we would not rule out further portfolio optimization as focus is on Delaware & STACK core assets," Yang added.

  • MarketWatch12 days ago

    Devon Energy boosts stock buyback program by $3 billion after deal to sell EnLink interests

    Shares of Devon Energy Corp. rallied 1.2% in premarket trade Wednesday, after the company said it agreed to sell its interest in EnLink Midstream Partners L.P. and EnLink Midstream LLC for $3.125 billion to an affiliate of Global Infrastructure Partners. As a result of the deal, the oil and natural gas company said it increased its share repurchase program to $4 billion, from the $1 billion program announced in March. Based on Tuesday's closing price for Devon's stock, the new program could represent about 19.4% of the shares outstanding.

  • The Wall Street Journal12 days ago

    Devon Energy to Sell Interests, Firm to Global Infrastructure Partners Affiliate

    Devon Energy is selling EnLink Midstream and its aggregate ownership interests in EnLink Midstream Partners for about $3.13 billion to an affiliate of an infrastructure fund manager, Devon said.

  • Business Wire12 days ago

    Devon Energy Monetizes Interests in EnLink Midstream, Increases Share-Repurchase Program to $4 Billion

    Devon Energy Corp. announced today it has entered into an agreement to sell its aggregate ownership interests in EnLink Midstream Partners, LP and EnLink Midstream, LLC to an affiliate of Global Infrastructure Partners , a leading global, independent infrastructure fund manager for $3.125 billion.

  • CNW Group13 days ago

    Permex Petroleum Corporation Announces New Strategic Acquisition and Alignment with World Class Large Cap Operator on West Texas Field

    Permex Petroleum Corporation Announces New Strategic Acquisition and Alignment with World Class Large Cap Operator on West Texas Field

  • Business Wire13 days ago

    Devon Energy to Present at J.P. Morgan Energy Conference

    Devon Energy Corp. (DVN) announced today that management will present at the J.P. Morgan Energy Conference in New York at 3:20 p.m. ET on Monday, June 18, 2018. The presentation will be available to the public via webcast. The presentation will include forward-looking information.

  • Devon Energy (DVN) Up 13% Since Earnings Report: Can It Continue?
    Zacks18 days ago

    Devon Energy (DVN) Up 13% Since Earnings Report: Can It Continue?

    Devon Energy (DVN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Is the Options Market Predicting a Spike in Devon Energy (DVN) Stock?
    Zacks18 days ago

    Is the Options Market Predicting a Spike in Devon Energy (DVN) Stock?

    Investors in Devon Energy (DVN) need to pay close attention to the stock based on moves in the options market lately.

  • ConocoPhillips Stock: Analysts’ Median Target Price
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    As of May 25, Reuters reported that 22 analysts gave recommendations on ConocoPhillips. Of the analysts, ~18% recommended a “strong buy,” ~46% recommended a “buy,” and ~36% recommended a “hold.” There weren’t any “sell” or “strong sell” recommendations.

  • Did Crude Oil Move ConocoPhillips Stock Last Week?
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    Did Crude Oil Move ConocoPhillips Stock Last Week?

    As we discussed in the previous part, ConocoPhillips’s (COP) stock price fell ~6% for the week ending May 25. Crude oil (SCO) fell almost 5% last week. So, ConocoPhillips’s stock price underperformed crude oil prices. In this part, we’ll discuss the correlation between ConocoPhillips stock and crude oil prices.

  • Why ConocoPhillips Stock Declined Last Week
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    Why ConocoPhillips Stock Declined Last Week

    For the week ending May 25, crude oil (USO) prices decreased from $71.37 per barrel to $67.88 per barrel—a decrease of almost 6%. Crude oil prices saw a declining trend last week. Crude oil prices decreased in the last four days of the week. Even though crude oil prices increased on Monday and hit a 52-week high of $72.90 per barrel on Tuesday, they didn’t stay at the higher levels.

  • Surprise Build in US Crude Oil Inventories Pressured Oil Prices
    Market Realist24 days ago

    Surprise Build in US Crude Oil Inventories Pressured Oil Prices

    On May 23, the EIA released its crude oil inventory report. The EIA reported that US crude oil inventories increased by ~5.8 MMbbls to 438.1 MMbbls on May 11–18. However, the inventories declined by 78.2 MMbbls or ~15% YoY (year-over-year).