DVN Stock: Devon Energy Corporation Stock Price, Analysis & Insights

Get live dvn stock price $37.47, comprehensive Devon Energy Corporation stock analysis, charts, news, and expert forecast. Real-time dvn stock data and investment insights.

37.47

0.62%Today

DVN • Devon Energy Corporation • New York Stock Exchange • Energy

Market Cap

23.96B

Volume

5.34M

52W High

38.88

52W Low

25.89

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Company Overview

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 5,134 gross wells. Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.

Contact Information

Website: https://www.devonenergy.com
Address: 333 West Sheridan Avenue
Country: US

Investment Analysis & Business Insights

Energy

Oil & Gas Exploration & Production

Investment Highlights

✓ Strong presence in the Energy sector with established market position

✓ Valuation metrics suggest potential value opportunity (P/E: 8.8)

✓ Lower volatility stock (Beta: 0.68) may provide portfolio stability

Business Model & Strategy

Devon Energy Corporation operates in the Oil & Gas Exploration & Production industry, focusing on energy exploration, production, and distribution. Under the leadership of CEO Clay Gaspar, the company navigates Energy sector dynamics while pursuing growth opportunities. The Oil & Gas Exploration & Production model requires operational efficiency, safety standards, and environmental compliance to maintain competitiveness and drive shareholder value.

Market Position & Competitive Landscape

Devon Energy Corporation competes in the Oil & Gas Exploration & Production within the broader Energy. With 24.0 billion in market capitalization, the company is positioned as a established player in its sector. The Energy is characterized by commodity price volatility, energy transition, and geopolitical factors. As a publicly traded company on the New York Stock Exchange, Devon Energy Corporation provides investors with liquidity and transparency while subject to regulatory oversight. Investors evaluating Devon Energy Corporation should consider industry-specific trends, competitive positioning, and Energy sector fundamentals.

Important Investment Considerations

⚠All investments carry risk, including potential loss of principal for Devon Energy Corporation shareholders
⚠Market volatility can significantly impact stock price, especially for mid-cap stocks
⚠Sector-specific risks in Energy may affect company performance
⚠Past performance does not guarantee future results for Devon Energy Corporation
⚠Investors should consider how Devon Energy Corporation fits within their overall portfolio allocation
⚠Valuation metrics suggest potential, but require fundamental analysis

Market Cap

23.96B

P/E Ratio

8.84

Beta

0.68

Investment Analysis & Insights

Key Investment Highlights

Market Position: Energy leader with 23.96B market capitalization
Trading Volume: 5.34M shares traded today
Price Range: 52-week range of $25.89 - $38.88
Exchange: Listed on New York Stock Exchange

Financial Metrics

P/E Ratio:8.84

EPS:$4.24

Beta:0.68

Avg Volume:7.79M

Market Analysis for Devon Energy Corporation

Devon Energy Corporation (DVN) operates in the Oil & Gas Exploration & Production industry within the Energy sector. With a current market capitalization of 23.96B, the company represents a significant player in its market. The stock is currently trading at $37.47 with a negativedaily change of 0.62%.

The company's 2300 employee base and presence on the New York Stock Exchangeexchange position it as a Energy sector leader. Investors should consider the stock's P/E ratio of 8.84, beta of 0.68, and 52-week price range from $25.89 to $38.88when evaluating investment opportunities.