UBS Reiterates Rating on Devon Energy Corporation $DVN

Key Points

  • UBS now rates Devon Energy Corporation ($DVN) "buy" with a $58.00 target.
  • The Street's average $DVN price target is $61.19 (Strong Buy).
  • $DVN last traded around $45.31.

UBS reiterated its rating on Devon Energy Corporation ($DVN) to a "buy" rating, with a price target of $58.00 in a recent research note.

Devon Energy Corporation ($DVN) Stock

Last price$45.31
Market cap$52.26B
P/E ratio12.62
Forward P/E8.31
PEG ratio2.92
Beta0.42
52-week low$31.45
52-week high$52.71
50-day MA$47.13
200-day MA$40.49
Current ratio1.01
Quick ratio0.85
Debt-to-equity0.56

Devon Energy Corporation Earnings

EPS (ttm)$3.59
Revenue (ttm)$16.00B
Revenue growth-0.8%
Net margin14.2%
Return on equity15.2%
Next earningsAug 4, 2026

Devon Energy Corporation Dividend

Annual dividend$1.04
Dividend yield230.00%
Payout ratio26.7%
Ex-dividend dateJun 15, 2026

Analysts Set New Price Targets

ConsensusStrong Buy
Average target$61.19
High target$72.00
Low target$44.00
Analysts covering26

About Devon Energy Corporation

Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. The company operates in Delaware Basin located in southeast New Mexico and west Texas, Eagle Ford located in North America, Anadarko Basin located in western Oklahoma, Williston Basin located in North Dakota, and Powder River Basin located in Wyoming. Devon Energy Corporation was founded in 1971 and is headquartered in Houston, Texas.

ExchangeNYSE
SectorEnergy
IndustryOil & Gas E&P
HeadquartersHouston, TX
CEOMr. Clay M. Gaspar
Employees2,200

See Also

This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.