Devon Energy (DVN) Registers a Bigger Fall Than the Market: Important Facts to Note
Devon EnergyDevon Energy(US:DVN) ZACKS·2025-09-12 22:51

Company Performance - Devon Energy (DVN) closed at $34.77, reflecting a -1.47% change from the previous day, which is less than the S&P 500's daily loss of 0.05% [1] - The stock has increased by 4.25% over the past month, outperforming the Oils-Energy sector's gain of 3.82% and the S&P 500's gain of 3.44% [1] Earnings Estimates - The upcoming EPS for Devon Energy is projected at $0.95, indicating a 13.64% decline compared to the same quarter last year [2] - Revenue is estimated at $4.17 billion, representing a 3.7% increase from the prior-year quarter [2] - For the full year, earnings are projected at $4.08 per share and revenue at $17.1 billion, showing changes of -15.35% and +7.29% respectively from the previous year [3] Analyst Sentiment - Recent adjustments in analyst estimates are crucial as they reflect short-term business trends, with positive revisions indicating analyst optimism [3] - Over the past month, there has been a 1.34% decline in the Zacks Consensus EPS estimate, and Devon Energy currently holds a Zacks Rank of 3 (Hold) [5] Valuation Metrics - Devon Energy is trading with a Forward P/E ratio of 8.65, which is below the industry average Forward P/E of 10.63 [6] - The company has a PEG ratio of 2.03, compared to the industry average PEG ratio of 0.77 [7] Industry Context - The Oil and Gas - Exploration and Production - United States industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 157, placing it in the bottom 37% of over 250 industries [8] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]