Intratio
Loading...
Skip to main content
Model output · Signal date 2026-10-16

Devon Energy Corp/De (DVN) Stock Forecast Oct. 16, 2026

Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE

Follow Unlock full AI forecasts
Rating · 90D ▼ Bearish Exact rating locked
90-day forecast Sign up free to reveal
30-day forecast Alpha
Rank in coverage Bottom 35% of 5171 stocks scored
Rank correlation · 90D 9.0% Spearman, 357 dates
Market Cap $55.80B large-cap · #10 of 60 peers
Summary

Devon Energy Corp/De (DVN) stock forecast summary

Our AI ranks Devon Energy Corp/De outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.

Devon Energy Corp/De is a large-cap company with a market capitalization of $55.80B. It ranks number 10 by market capitalization among the 60 Crude Petroleum & Natural Gas issuers in our coverage with a current forecast.

For DVN, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 9.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 8.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)

A free account shows the exact forecast, rating and rank of 3 tickers you follow, DVN included.

Follow DVN free
Price

DVN price chart and AI forecast

DVN
Cross-section · 2026-10-16

How DVN ranks among 5171 stocks

90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).

Fundamentals · 2026-06-30

Devon Energy Corp/De (DVN) fundamentals

Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Crude Petroleum & Natural Gas peers listed below that report each metric.

Valuation & Market

MetricDVNIndustry medianRank
Market Cap $55.80B $4.02B 10/60
P/E Ratio 10.19x 10.28x 22/41
P/B Ratio 3.62x 1.58x 2/39
Dividend Yield 1.47% 2.59% 21/24
EPS $4.98 – –
Book Value/Share $14.03 – –
Revenue/Share $17.89 – –
FCF/Share $4.27 – –

Profitability & Margins

MetricDVNIndustry medianRank
EBT Margin 26.6% 16.8% 17/48
Tax Rate 21.9% – –

Financial Health

MetricDVNIndustry medianRank
Current Ratio 0.72x 0.95x 35/54
Quick Ratio 0.67x 0.79x 17/26
D/E Ratio 1.11x 1.01x 22/49
Interest Coverage 6.7x 7.6x 24/40
Working Capital -$1.99B -$49M 52/54

Cash Flow

MetricDVNIndustry medianRank
Operating Cash Flow $8.55B $1.02B 9/54
Free Cash Flow $4.69B $408M 2/18
Capital Spending -$3.86B -$579M 16/18
OCF Growth YoY 25.5% 12.6% 16/49
FCF Growth YoY 48.8% 11.4% 4/14
FCF/Sales 23.9% 12.8% 4/18
CapEx/Sales 19.6% 22.1% 13/18

Operational Efficiency

MetricDVNIndustry medianRank
Receivables Turnover 6.2x 9.0x 36/43
Fixed Assets Turnover 0.3x 0.5x 38/43
Days Sales Outstanding 59 days 41 days 8/43

Income Statement

MetricDVNIndustry medianRank
Total Revenue $19.68B $2.18B 9/53

Dividend & Shareholder Information

MetricDVNIndustry medianRank
Dividends Per Share $0.75 – –
Payout Ratio 15.1% 28.0% 16/19
Shares Outstanding 1100M – –
EPS Growth 7.6% -0.3% 14/35

Balance Sheet Highlights (USD millions)

Total Current Assets$5.05B15.5% of assets
Cash & Short-term Investments$950M2.9% of assets
Accounts Receivable$3.16B9.7% of assets
Inventory$356M1.1% of assets
Total Liabilities$17.11B52.6% of assets
Quarterly Financial Reports

DVN quarterly financials and insider trading

Industry Peers · Crude Petroleum & Natural Gas

Devon Energy Corp/De (DVN) industry peers

Companies classified under the same SEC industry code as Devon Energy Corp/De (Crude Petroleum & Natural Gas): 60 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.

Reveal all forecasts · See exact % predictions for all competitors

Sign up free
Company 90-Day AI Forecast (Alpha) Market Cap P/E Ratio P/B Ratio
DVN Devon Energy Corp/De ▼ $55.80B 10.2x 3.6x
SHEL Shell Plc ▼ $298.93B – –
TTE Totalenergies Se ▼ $195.26B 6.4x –
PBR Petrobras - Petroleo Brasileiro Sa ▶ $167.55B – –
CNQ Canadian Natural Resources Ltd ▼ $111.99B 3.0x –
E Eni Spa ▼ $97.06B – –
EOG Eog Resources Inc ▶ $82.88B 12.3x 2.6x
CVE Cenovus Energy Inc. ▶ $62.04B 9.3x –
OXY Occidental Petroleum Corp /De/ ▼ $60.65B 8.4x 1.5x
FANG Diamondback Energy, Inc. ▲ $57.11B 39.5x 1.5x
WDS Woodside Energy Group Ltd ▼ $44.24B 4.5x –
EC Ecopetrol S.A. ▶ $36.80B – –
EQT Eqt Corp ▼ $33.97B 11.5x 2.3x
EXE Expand Energy Corp ▼ $22.24B 8.1x –
PR Permian Resources Corp ▶ $19.77B 12.2x 1.8x
OVV Ovintiv Inc. ▶ $18.22B 23.0x 1.6x
APA Apa Corp ▼ $17.22B 8.6x 2.5x
AR Antero Resources Corp ▼ $11.88B 9.3x 1.4x
SSL Sasol Ltd ▲ $10.34B 19.3x –
RRC Range Resources Corp ▶ $9.68B 10.3x 2.1x
SM Sm Energy Co ▶ $8.92B 7.4x 1.1x
CHRD Chord Energy Corp ▶ $8.45B 10.3x 1.0x
MTDR Matador Resources Co ▼ $7.12B 9.4x 1.2x
MGY Magnolia Oil & Gas Corp ▶ $6.01B 14.5x 2.8x
MUR Murphy Oil Corp ▶ $5.98B 19.4x 1.1x
CRGY Crescent Energy Co ▲ $5.65B 107.4x 1.1x
CNX Cnx Resources Corp ▶ $5.31B 5.7x 1.1x
CRC California Resources Corp ▶ $4.54B – 1.3x
PARR Par Pacific Holdings, Inc. ▲ $4.20B 5.1x 14.4x
CRK Comstock Resources Inc ▶ $4.11B 13.7x 1.6x
HESM Hess Midstream Lp ▲ $3.94B 10.5x –
BSM Black Stone Minerals, L.P. ▼ $3.40B 13.3x –
GPOR Gulfport Energy Corp ▼ $2.94B 6.4x 1.6x
NOG Northern Oil & Gas, Inc. ▶ $2.89B – 1.5x
TALO Talos Energy Inc. ▶ $2.84B – 2.4x
BKV Bkv Corp ▼ $2.51B 16.2x 1.1x
VET Vermilion Energy Inc. ▼ $1.93B 9.8x –
MNR Mach Natural Resources Lp ▶ $1.85B 12.2x –
KRP Kimbell Royalty Partners, Lp ▼ $1.83B 22.2x –
KOS Kosmos Energy Ltd. ▲ $1.66B – 3.1x
GFR Greenfire Resources Ltd. ▲ $1.58B – –
DMLP Dorchester Minerals, L.P. ▼ $1.49B 17.1x –
AESI Atlas Energy Solutions Inc. ▲ $1.23B – 1.1x
TBN Tamboran Resources Corp ▶ $1.11B – 1.4x
DEC Diversified Energy Co ▶ $1.05B – 1.1x
REPX Riley Exploration Permian, Inc. ▼ $1.04B 8.5x 1.6x
INR Infinity Natural Resources, Inc. ▶ $814M 4.7x 2.0x
OBE Obsidian Energy Ltd. ▲ $805M 1.9x –
TXO Txo Partners, L.P. ▶ $787M – –
TTI Tetra Technologies Inc ▶ $786M 531.0x 1.9x
GPRK Geopark Ltd ▶ $761M 1.5x –
VTS Vitesse Energy, Inc. ▶ $733M 21.5x 1.2x
GRNT Granite Ridge Resources, Inc. ▶ $719M 24.8x 1.3x
EGY Vaalco Energy Inc /De/ ▲ $652M – 1.7x
SOC Sable Offshore Corp. ▼ $637M – 1.6x
WHK Whitehawk Minerals Corp. ▶ $576M – 2.1x
WTI W&T Offshore Inc ▲ $552M – –
SD Sandridge Energy Inc ▶ $516M 6.7x 1.0x
GTE Gran Tierra Energy Inc. ▶ $386M – 2.9x
REI Ring Energy, Inc. ▶ $341M – 0.5x

Where DVN sits on the market map

Energy & Transportation · Crude Petroleum & Natural Gas
Explore the map →
News

Devon Energy Corp/De (DVN) stock news

More news available

Sign up free to read all 11 news articles and stay updated on market developments.

Sign Up Free to Read More
FAQ

Devon Energy Corp/De (DVN) stock forecast FAQ

What is the Devon Energy Corp/De (DVN) stock forecast?

Our AI ranks Devon Energy Corp/De outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.

How accurate are Devon Energy Corp/De stock predictions?

For DVN, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 9.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 8.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

How often are Devon Energy Corp/De forecasts updated?

Devon Energy Corp/De forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.

Which companies are Devon Energy Corp/De's industry peers?

60 issuers in our coverage, DVN included, share the SEC industry code Crude Petroleum & Natural Gas. The largest are: Shell Plc (SHEL), Totalenergies Se (TTE), Petrobras - Petroleo Brasileiro Sa (PBR), Canadian Natural Resources Ltd (CNQ), Eni Spa (E), Eog Resources Inc (EOG).

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.