DVN · Devon Energy Corp/De
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Cash | $1B | the three months ended June 30, 2026 filing | — |
| Debt retired | $500M | Q2 2026 filing | — |
| Dividends paid | $366M | Q2 2026 filing | — |
| Liquidity | $4B | the three months ended June 30, 2026 filing | — |
| Net acres acquired | 16,300 | the three months ended June 30, 2026 filing | — |
| Operating cash flow | $3.7B | the three months ended June 30, 2026 filing | — |
| Share repurchase program | $8B | Q2 2026 filing | — |
| share repurchases under the new program | $202M | During the second quarter of 2026 filing | — |
| adjusted free cash flow non-GAAP | 1.7B | second quarter | — |
| adjusted operating cash flow non-GAAP | 2.9B | second quarter | — |
| Capital expenditures | $1.27B | the second quarter | — |
| Core earnings non-GAAP | 1.5B | second quarter of 2026 | — |
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GAAP → non-GAAP reconciliationGAAP Earnings (GAAP) 2.38B
-25M Asset dispositions
+8M Asset and exploration impairments
+0M Deferred tax asset valuation allowance
-528M Fair value changes in financial instruments
+246M Restructuring and transaction costs
-201M Gain on equity investment
= Core earnings (Non-GAAP) 1.88B
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| EBITDAX (Non-GAAP) non-GAAP | $3.48B | Q2 '26 | — |
GAAP → non-GAAP reconciliationGAAP Net earnings (GAAP) 1.91B
+125M Financing costs, net
+473M Income tax expense
+16M Exploration expenses
+1.42B Depreciation, depletion and amortization
-25M Asset dispositions
+33M Share-based compensation
-530M Derivative & financial instrument non-cash val. changes
+246M Restructuring and transaction costs
-201M Gain on equity investment
+14M Accretion on discounted liabilities and other
= EBITDAX (Non-GAAP) 3.48B
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| Field-level cash margin - Devon Total (per Boe) | $30.03 | Quarter 2 2026 | — |
| Gas (MMcf/d) Total | 3,252 | Quarter 2 2026 | — |
| Gross operated spuds Total | 150 | Quarter 2 2026 | — |
| Gross operated wells tied-in Total | 157 | Quarter 2 2026 | — |
| Lease operating expense | $5.06 | the quarter | — |
| Natural gas liquids (MBbls/d) Total | 314 | Quarter 2 2026 | — |
| Net debt (Non-GAAP) non-GAAP | $10.38B | Quarter 2 2026 | — |
GAAP → non-GAAP reconciliationGAAP Total debt (GAAP) 11.39B
-1.01B Less: Cash, cash equivalents and restricted cash
= Net debt (Non-GAAP) 10.38B
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| Net debt-to-EBITDAX (Non-GAAP) non-GAAP | 1.2 | Quarter 2 2026 | — |
| Net operated wells placed online | 120 | the second quarter | — |
| Net operated wells tied-in Total | 120 | Quarter 2 2026 | — |
| Oil (MBbls/d) Total | 503 | Quarter 2 2026 | — |
| Oil production | 503,000 | the second quarter | — |
| Operated drilling rigs | 34 | the second quarter | — |
| Production | 1,359,000 | the second quarter | — |
| Production costs, including production and property taxes | $11.27 | the second quarter | — |
| Reinvestment rate (Non-GAAP) non-GAAP | 43% | Quarter 2 2026 | — |
| Shares repurchased | 4.3M | last seven weeks of the second quarter | — |
| Total oil equivalent (MBoe/d) | 1,359 | Quarter 2 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Oil & Gas E&P — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
DVN
this stock
Devon Energy Corp/De
|
$53.83B | +33.6% | +7.8% | 11.6 | 2.9% |
|
COP
Conocophillips
|
$161.61B | +43.4% | +7.7% | 17.8 | 1.3% |
|
CNQ
CANADIAN NATURAL RESOURCES Ltd
|
$102.19B | +44.9% | — | — | 8.9% |
|
EOG
Eog Resources Inc
|
$77.68B | +41.4% | -4.5% | 11.5 | 3.0% |
|
OXY
Occidental Petroleum Corp /De/
|
$60.26B | +46.6% | -1.9% | 9.2 | 2.2% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| DVN | +3.7% | -2.2% | +10.6% | +6.3% | +33.6% |
| SPY | +1.3% | +2.1% | +9.0% | +1.5% | +13.5% |
| vs SPY | +2.4% | -4.3% | +1.6% | +4.8% | +20.1% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.