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Is Most-Watched Stock Devon Energy Corporation (DVN) Worth Betting on Now?
DVNDevon Energy(DVN) ZACKS·2025-01-08 15:01

Stock Performance - Devon Energy's stock returned -0.1% over the past month, outperforming the Zacks S&P 500 composite's -2.8% change [2] - The Zacks Oil and Gas - Exploration and Production - United States industry gained 3% over the same period [2] Earnings Estimates - Current quarter earnings estimate is $0.97 per share, a year-over-year change of -31.2% [5] - Current fiscal year earnings estimate is $4.80, a year-over-year change of -15.9% [5] - Next fiscal year earnings estimate is $4.77, a year-over-year change of -0.6% [6] - Zacks Consensus Estimate for current quarter changed -4.2% over last 30 days [5] - Current fiscal year estimate changed -2% over last 30 days [5] - Next fiscal year estimate changed -2.1% over last month [6] Revenue Estimates - Current quarter sales estimate is $4.21 billion, a year-over-year change of +1.7% [9] - Current fiscal year sales estimate is $15.75 billion, a year-over-year change of +3.2% [9] - Next fiscal year sales estimate is $16.83 billion, a year-over-year change of +6.9% [9] Recent Performance - Last reported revenues were $4.02 billion, a year-over-year change of +4.9% [11] - Last reported EPS was $1.10, compared to $1.65 a year ago [11] - Reported revenues represented a +7.2% surprise compared to Zacks Consensus Estimate of $3.75 billion [11] - EPS surprise was +3.77% [11] - Company beat consensus EPS estimates in each of trailing four quarters [11] - Company topped consensus revenue estimates three times over trailing four quarters [11] Valuation - Devon Energy is graded A on Zacks Value Style Score, indicating it is trading at a discount to peers [15] - Valuation metrics include price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) [13] Analyst Rating - Devon Energy is rated Zacks Rank 3 (Hold) [7] - Rating based on recent changes in consensus estimate and other earnings-related factors [7]