Devon Energy Corporation (DVN) Stock Analysis
Range Bound setup
Energy · Oil & Gas E&P
Sell if holding. Multiple concerning factors at $43.71: Consecutive earnings misses (3); Weak growth.
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... Read more
Sell if holding. Multiple concerning factors at $43.71: Consecutive earnings misses (3); Weak growth. Chart setup: RSI 43 mid-range, Bollinger mid-band. Score 5.0/10, moderate confidence.
Passes 8/9 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 51d clear, semi cycle peak clear, materials cycle peak clear). Suitability: moderate.
Recent developments
updated 2026-06-15Recent Developments — Devon Energy Corporation
Latest news
- NEWS Traders Purchase Large Volume of Call Options on Devon Energy (NYSE:DVN) - MarketBeat — MarketBeat positive
- NEWS Morgan Stanley Boosts Devon Energy (NYSE:DVN) Price Target to $59.00 - MarketBeat — MarketBeat positive
- NEWS Devon Energy (DVN) rises as oil prices firm and investors focus on pending Coterra merger and upcoming earnings - Quiver — Quiver Quantitative positive
- NEWS Devon Energy (DVN) Projected to Post Earnings on Tuesday - MarketBeat — MarketBeat neutral
- NEWS Devon Energy (DVN) Expected to Beat Earnings Estimates: Can the Stock Move Higher? - Yahoo Finance — Yahoo Finance positive
Generated 2026-06-15T18:11:46Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Material Events(8-K, last 90d)
- 2026-05-07Item 2.01HIGHOn May 7, 2026, Devon Energy completed acquisition of Coterra Energy. Each share of Coterra common stock converted to 0.70 shares of Devon common stock. Devon issued new shares and paid cash consideration. Coterra now a wholly-owned subsidiary of Devon.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
2 floor-breakers
Revenue shrinking — -0.8% YoY. Growth thesis broken unless recovery story develops.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Analyst Consensus
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Multiple concerning factors at $43.71: Consecutive earnings misses (3); Weak growth. Chart setup: RSI 43 mid-range, Bollinger mid-band. Prior stop was $41.84. Score 5.0/10, moderate confidence.
Take-profit target: $55.07 (+22.4% upside). Prior stop was $41.84. Stop-loss: $41.84.
Consecutive earnings misses (3); Weak growth.
Devon Energy Corporation trades at a P/E of 12.6 (forward 8.3). TrendMatrix value score: 7.5/10. Verdict: Sell.
32 analysts cover DVN with a consensus score of 4.1/5. Average price target: $61.
What does Devon Energy Corporation do?Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of...
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.