Devon Energy (DVN)
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-09-14
$49.73-1.00%
Close 2026-09-14 · 1-day change
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-09-14
Research Workspace
Put DVN beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Oil & Gas Exploration & Production is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Recent financial performance freshly dropped to the bottom half of its industry.
View ThesisRevenue growth is accelerating — up about 15% over the past year.
View GrowthRanks among the strongest in its industry on quality — around the top 17%.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 1% a day.
View RiskDVN's growth trajectory relies on its ability to drive free cash flow improvements. Recent financial performance has weakened, dropping to the bottom half of its industry. Revenue grew 20.8% year over year, and the last quarter beat expectations. DVN trades at 11× P/E versus a peer median of 17×. This suggests the price reflects less growth than we forecast. The risk lies in the recent drop in financial standing, which could lead to further declines. Peer multiples imply a price about 6% above where it trades. This read is provisional.
Trailing returns as of 2026-09-14. DVN is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 29 analysts currently covering DVN (as of Sep 2026).
Based on 12 Wall Street analysts offering 12-month price targets for DVN in the last 4 months.
Continue this research
Compare DVN with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
Free account required to save the handoff. No credit card.
| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| DVN Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 12 valuation methods, at three horizons. As of 2026-09-14. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Oil & Gas Exploration & Production — fair value, gap to price, and forward P/E.
Compare the value case
Put DVN next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Complete integration and synergy capture from Coterra merger
Coterra acquisition enhances integration and synergy capture.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-14. EPS is implied from price ÷ P/E. Not investment advice.
Current $49.73
The last 12 months of price, then the range of analyst 12-month targets from today’s $49.73.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Threatens: Complete integration and synergy capture from Coterra merger
Integration issues post-Coterra merger may hinder growth objectives.
Advances: Disciplined capital management and optimized capital program
Focus on buybacks and debt reduction aligns with capital management goals.
Advances: Return meaningful capital to shareholders
Revenue surge supports capital return to shareholders.
Advances: Drive free cash flow improvements
Strong Q2 results indicate improved free cash flow.
Advances: Drive free cash flow improvements
Profit exceeding estimates suggests improved free cash flow.
Threatens: Complete merger with Coterra Energy
Concerns over merger synergies may hinder growth.
Threatens: Complete merger with Coterra Energy
Asset sale may hinder growth from merger completion.
