Devon Energy (DVN) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on May 6, 2025, might help the stock move higher if these key numbers are better than expect ...

Group 1 - The company is implementing a business optimization plan aimed at enhancing margins and achieving $1,000 million in annual pre-tax cash flow improvements by the end of 2026 [1] - The oil and gas industry is experiencing rising commodity prices and shareholder dividends, which presents both opportunities and risks for income investors [3] - The platform offers deep dive analysis covering a wide range of companies in the oil and gas sector, including pipelines, renewables, and producers, with a track record of outperforming benchmarks [4]

Company Performance - Devon Energy's stock closed at $31.47, reflecting a +1.25% change from the previous day, underperforming the S&P 500's +2.03% gain [1] - Over the past month, Devon Energy shares have decreased by 17.05%, compared to a 10.82% loss in the Oils-Energy sector and a 5.07% loss in the S&P 500 [1] Upcoming Earnings - The upcoming earnings report for Devon Energy is scheduled for May 6, 2025, with analysts expecting earnings of $1.25 per share, indicating a year-over-year growth of 7.76% [2] - Revenue is forecasted to be $4.36 billion, representing a 21.26% increase compared to the same quarter last year [2] Full Year Estimates - For the full year, earnings are projected at $4.54 per share, a decrease of 5.81% from the previous year, while revenue is expected to reach $17.01 billion, reflecting a growth of 6.72% [3] - Recent changes in analyst estimates for Devon Energy are crucial as they indicate shifting business trends, with positive revisions suggesting a favorable business outlook [3] Valuation Metrics - Devon Energy currently has a Forward P/E ratio of 6.85, which is lower than the industry average of 7.65, indicating a valuation discount [5] - The company has a PEG ratio of 0.62, compared to the industry average PEG ratio of 0.92, suggesting that the stock may be undervalued relative to its growth expectations [6] Industry Context - The Oil and Gas - Exploration and Production - United States industry, which includes Devon Energy, has a Zacks Industry Rank of 197, placing it in the bottom 21% of over 250 industries [7] - The Zacks Industry Rank measures the strength of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]

HIGHLIGHTS Targeting $1 billion in annual pre-tax free cash flow improvementsBusiness optimization plan underway to improve margins and capital efficiencyPlan includes improvements to base production performance, midstream commercial terms and corporate costsExpected to be completed by the end of 2026, with 30 percent achieved by year-end 2025 OKLAHOMA CITY, April 22, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced its business optimization plan to improve margins and capital efficie ...

Devon Energy Corporation (DVN) is currently trading at a discount relative to its industry based on its trailing 12-month Enterprise Value to EBITDA (EV/EBITDA TTM) basis. With a valuation of 3.45X, it is lower than the Zacks Oil and Gas - Exploration and Production - United States industry average of 10.18Xand is trading below its five-year median of 4.22X.DVN has a multi-basin portfolio and focuses on high-margin assets that hold significant long-term growth potential. Devon Energy also has a diverse comm ...

Group 1 - Devon Energy (NYSE: DVN) has experienced significant selling pressure since 2024 due to declining oil prices, currently around low-$60 per barrel for WTI [1] - The oil outlook for FY25 is expected to remain relatively flat, but Devon may have some upside potential [1] Group 2 - Michael Del Monte, a buy-side equity analyst with over 5 years of industry experience, emphasizes that investment recommendations should consider the entire investment ecosystem rather than evaluating a company in isolation [1]

I am not an investment advisor. This article is for informational purposes and does not constitute as financial advice. Readers are encouraged and expected to perform due diligence and draw their own conclusions prior to making any investment decisions. iREIT+HOYA Capital is the premier income-focused investing service on Seeking Alpha. Our focus is on income-producing asset classes that offer the opportunity for sustainable portfolio income , diversification , and inflation hedging . Get started with a Fre ...

Earnings season has been good for the energy sector in the fourth quarter of 2024, especially for upstream oil and gas companies. The companies delivered strong results, with several industry leaders outperforming expectations and demonstrating resilience amid a volatile price environment. Among the top performers were EOG Resources, Inc. (EOG) , Diamondback Energy (FANG) and Devon Energy Corporation (DVN) . These companies displayed solid operational and financial performances, supported by record producti ...

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OKLAHOMA CITY, March 26, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report first-quarter 2025 results on Tuesday, May 6, after the close of U.S. financial markets. The earnings release and presentation for the first-quarter 2025 results will be available on the company’s website at www.devonenergy.com. On Wednesday, May 7, the company will hold a conference call at 10 a.m. CDT (11 a.m. EDT), which will consist primarily of answers to questions from analysts and investors ...