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Devon Energy Corporation (DVN) Stock Analysis

Breakout setup

SellModerate Confidence

Energy · Oil & Gas E&P

Sell if holding. At $50.07, A.R:R 0.8:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 8.8%; V7 low-quality RISK_OFF penalty: -0.5 (Q=5.1).

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

$50.07+8.8% A.UpsideScore 5.1/10#28 of 37 Oil & Gas E&P
QualityF-score6 / 9FCF yield2.79%
IncomeYield2.09%(5y avg 5.09%)Payout26.74%sustainable
Stop $46.20Target $54.04(analyst − 10%)A.R:R 0.8:1
Analyst target$60.04+19.9%25 analysts
$54.04our TP
$50.07price
$60.04mean
$44
$72

Sell if holding. At $50.07, A.R:R 0.8:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 8.8%; V7 low-quality RISK_OFF penalty: -0.5 (Q=5.1). Chart setup: Golden cross, above all MAs, RSI 51, MACD bullish. Score 5.1/10, moderate confidence.

Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news boost analyst 0.60, earnings proximity 77d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.

Val7.1Qual5.1Grw1.1Mom7.1Sent7.9Ins5.1Peer2.8Tech5.0Risk6.85.1OVERALL

Recent Developments — Devon Energy Corporation

Material events (past 30 days)

  • May 7, 2026 HIGH Item 2.01: On 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.

Latest news

Generated 2026-05-20T20:21:21Z.

Thesis

Rewards
Sector modifier (Energy): +1.2
Attractive valuation
Positive momentum
Risks
Thin upside margin: 8.8%
V7 low-quality RISK_OFF penalty: -0.5 (Q=5.1)
Consecutive earnings misses (3)

Key Metrics

P/E (TTM)13.8
P/E (Fwd)9.4
Mkt Cap$57.3B
EV/EBITDA5.6
Profit Mgn14.2%
ROE15.2%
Rev Growth-0.8%
Beta0.48
Dividend2.09%
Rating analysts32

Quality Signals

Piotroski F6/9

Options Flow

P/C0.42bullish
IV72%elevated

Material Events(8-K, last 90d)

  • 2026-05-07Item 2.01HIGH
    On 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. Full disclaimer

Rating Breakdown

2 floor-breakers

Revenue shrinking — -0.8% YoY. Growth thesis broken unless recovery story develops.static

Earnings Growth
0.0
Revenue Growth
2.3
Declining revenue: -1%

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Growth Rank
2.4
Value Rank
3.7
Quality Rank
5.1
GatesA.R:R 0.8 < 1.5@spotMomentum 7.1>=5.5Insider activity: OKNo SEC red flagsNEWS BOOST ANALYST 0.60EARNINGS PROXIMITY 77d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARBreakoutSuitability: Moderate
RSI
51 · Neutral
↑ 20D MA↑ 50D MA↑ 200D MAGOLDEN CROSSSupport $44.20Resistance $51.95

Price Targets

$46
$54
A.Upside+7.9%
A.R:R0.8:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeRisk-Off

Risk Alerts

! NEWS_MOD=-1: HOLD_IF_HOLDING → SELL_IF_HOLDING
! Reward/Risk 0.8:1 at current price — below 1.5:1 minimum

Earnings

B
M
M
M
1/4 beats
Next Earnings2026-08-04 (77d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is DVN stock a buy right now?

Sell if holding. At $50.07, A.R:R 0.8:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 8.8%; V7 low-quality RISK_OFF penalty: -0.5 (Q=5.1). Chart setup: Golden cross, above all MAs, RSI 51, MACD bullish. Prior stop was $46.20. Score 5.1/10, moderate confidence.

What is the DVN stock price target?

Take-profit target: $54.04 (+8.8% upside). Prior stop was $46.20. Stop-loss: $46.20.

What are the risks of investing in DVN?

Thin upside margin: 8.8%; V7 low-quality RISK_OFF penalty: -0.5 (Q=5.1); Consecutive earnings misses (3).

Is DVN overvalued or undervalued?

Devon Energy Corporation trades at a P/E of 13.8 (forward 9.4). TrendMatrix value score: 7.1/10. Verdict: Sell.

What do analysts say about DVN?

32 analysts cover DVN with a consensus score of 4.1/5. Average price target: $60.

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 Oklahoma City, Oklahoma.

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