Devon Energy Stock

Devon Energy Stock: Forecast Price 2025 to 2030

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Devon Energy Stock: Devon Energy Corporation is a leading American company in the oil and gas industry, which focuses on exploration and production. 

From 40 years of experience in North America, it has built a strong reputation for operational success.

Our Team focuses on company performance closely and analyzes earnings estimates to predict stock behaviour and market trends. This helps stockholders to make informed decisions.

Beyond oil and gas, Devon Energy is expanding into renewable energy markets, showcasing its adaptability to evolving global energy demands.


Devon Energy Company Overview

Company NameDevon Energy Corporation
Founded1971
HeadquartersDevon Energy Center, Oklahoma City, Oklahoma, U.S.
IndustryPetroleum
CEORick Muncrief
Stock Exchange ListingNYSE, S&P
Official Websitedevonenergy.com

Devon Energy Corporation Fundamental Analysis

MetricValue
Market Cap$20.35B
ROE33.90%
P/E6
P/B1.4
Div. Yield3.97%
Book Value$18.19
EPS (TTM)$5.89
52 Week High$55.09
52 Week Low$30.39

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Devon Energy Financials

Income Statement

(USD)2023Y/Y change
Revenue14.43B-23.56%
Operating expense2.99B-9.73%
Net income3.75B-37.71%
Net profit margin25.97-18.51%
Earnings per share5.71-31.29%
EBITDA7.48B-27.11%
Effective tax rate18.19%

Balance Sheet

(USD)2023Y/Y change
Cash and short-term investments853.00M-35.08%
Total assets24.49B3.24%
Total liabilities12.27B-1.22%
Total equity12.22B
Shares outstanding634.58M
Price to book1.63
Return on assets12.71%
Return on capital16.69%

Cash Flow

(USD)2023Y/Y change
Net income3.75B-37.71%
Cash from operations6.54B-23.28%
Cash from investing-3.94B23.05%
Cash from financing-3.18B24.42%
Net change in cash-579.00M29.13%
Free cash flow1.43B7.27%

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Devon Energy Stock Price Forecast From 2025 to 2030

YearTarget Price
Devon Energy Stock Price Forecast​ 2025$42.50
Devon Energy Stock Price Forecast 2026$59.70
Devon Energy Stock Price Forecast 2027$72.50
Devon Energy Stock Price Forecast 2028$95.70
Devon Energy Stock Price Forecast 2029$107.20
Devon Energy Stock Price Forecast 2030$118.50

Devon Energy Corporation Top Shareholders

InvestorOwnership %
Vanguard Fiduciary Trust Co.11.45%
BlackRock Advisors LLC7.31%
State Street Corp.6.12%
Morgan Stanley1.85%
Geode Capital Management LLC2.42%
Morgan Stanley1.85%
EnCap Energy Capital Fund XI, L.P.1.80%
Pacer Advisors, Inc.1.76%
EnCap Partners GP, LLC1.52%
Victory Capital Management Inc.1.41%

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Devon Energy Corporation Competitors/Peer Companies

  1. Hess Corporation
  2. Baker Hughes Company
  3. Targa Resources Corp
  4. Valero Energy Corp
  5. Imperial Oil Ltd
  6. Continental Resources Inc
  7. Cenovus Energy Inc
  8. Texas Pacific Land Trust
  9. EQT Corporation
  10. Cheniere Energy Partners LP

Also Read: JP Morgan Stock Price Forecast

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FAQs

  1. What is Devon Energy’s Stock Price Prediction for 2025?

    42.50 USD.

  2. What is Devon Energy’s Stock Price Prediction for 2026?

    59.70 USD.

  3. What is Devon Energy’s Stock Price Prediction for 2027?

    72.50 USD.

  4. What is Devon Energy’s Stock Price Prediction for 2029?

    107.20 USD.

  5. What is Devon Energy’s Stock Price Prediction for 2030?

    118.50 USD.


Disclaimer: The information in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.

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