Devon Energy Corporation (DVN) Stock Analysis
Breakout setup
Energy · Oil & Gas E&P
Sell if holding. At $50.58, A.R:R 0.3:1 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: 5.0%; Concentration risk — Commodity: oil, gas and NGLs.
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. At $50.58, A.R:R 0.3:1 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: 5.0%; Concentration risk — Commodity: oil, gas and NGLs. Chart setup: Golden cross, above all MAs, RSI 61, MACD bullish. Score 5.1/10, moderate confidence.
Passes 5/7 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 5d<=7d. Suitability: moderate.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHCommodityoil, gas and NGLs10-K Item 1A: 'Our financial condition, results of operations and the value of our properties are highly dependent on the general supply and demand for oil, gas and NGLs, which impact the prices we ultimately realize on our sales of these commodities'
Material Events(8-K, last 90d)
- 2026-02-02Item 1.01MEDIUMDevon Energy entered a Merger Agreement on February 1, 2026 to acquire Coterra Energy in an all-stock deal at 0.70 Devon shares per Coterra share, with Coterra surviving as a wholly-owned Devon subsidiary.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 — -12.1% 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
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. At $50.58, A.R:R 0.3:1 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: 5.0%; Concentration risk — Commodity: oil, gas and NGLs. Chart setup: Golden cross, above all MAs, RSI 61, MACD bullish. Prior stop was $47.39. Score 5.1/10, moderate confidence.
Take-profit target: $53.06 (+5.0% upside). Prior stop was $47.39. Stop-loss: $47.39.
Concentration risk — Commodity: oil, gas and NGLs; Thin upside margin: 5.0%; Near 52-week high (4.1% away).
Devon Energy Corporation trades at a P/E of 12.2 (forward 9.5). TrendMatrix value score: 7.1/10. Verdict: Sell.
33 analysts cover DVN with a consensus score of 4.0/5. Average price target: $59.
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.