devon energy is a leading independent oil and natural gas exploration and production company. we have premier positions in north america's hottest plays, including the permian basin, the eagle ford and canada's oil sands. for a complete list of job openings, visit careers.devonenergy.com. through entrepreneurialism, innovation, leadership and collaboration, we are working to produce the oil and natural gas needed to help meet north america's growing energy demand. we are listed among the fortune 500 and the fortune 100 best companies to work for. we also have the distinction of being a respected employer in canada with our position on the best workplaces in canada list as featured in the globe and mail. we are included in the s&p 500 index and trade on the new york stock exchange under the ticker symbol dvn.
Company profile
Ticker
DVN
Exchange
Website
CEO
David Hager
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
DEVON DELAWARE CORP, DEVON ENERGY CORP
SEC CIK
Corporate docs
Subsidiaries
1.Devon Energy Corporation • 2.Devon OEI Holdings, L.L.C. • 3.Devon OEI Operating, L.L.C. • 4.Devon Energy Production Company, L.P. • 5.Devon Financing Company, L.L.C. • 6.Devon Gas Co., L.L.C. • 7.WPX Energy, Inc. • 8.WPX Energy • 9.WPX Energy • 10.WPX Energy Holdings, LLC ...
IRS number
731567067
DVN stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
24 Apr 24
DEFA14A
Additional proxy soliciting materials
24 Apr 24
DEF 14A
Definitive proxy
24 Apr 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Devon Energy Reports Fourth-Quarter and Full-Year 2023 Results; Declares Quarterly Dividend and Raises Fixed Dividend by 10 Percent in 2024
27 Feb 24
8-K
Departure of Directors or Certain Officers
23 Jan 24
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
Devon Energy Reports Third-Quarter 2023 Results, Declares Quarterly Dividend and Provides Preliminary 2024 Outlook
7 Nov 23
10-Q
2023 Q2
Quarterly report
2 Aug 23
8-K
Devon Energy Reports Second-Quarter 2023 Results and Declares Quarterly Dividend
1 Aug 23
Transcripts
DVN
Earnings call transcript
2023 Q4
28 Feb 24
DVN
Earnings call transcript
2023 Q3
8 Nov 23
DVN
Earnings call transcript
2023 Q2
2 Aug 23
DVN
Earnings call transcript
2023 Q1
9 May 23
DVN
Earnings call transcript
2022 Q4
15 Feb 23
DVN
Earnings call transcript
2022 Q3
2 Nov 22
DVN
Earnings call transcript
2022 Q2
2 Aug 22
DVN
Earnings call transcript
2022 Q1
3 May 22
DVN
Earnings call transcript
2021 Q4
16 Feb 22
DVN
Earnings call transcript
2021 Q3
3 Nov 21
Latest ownership filings
4
John Bennett Sherrer
11 Apr 24
144
Notice of proposed sale of securities
9 Apr 24
4
Clay M Gaspar
13 Mar 24
3
John Bennett Sherrer
8 Mar 24
4
Richard E Muncrief
4 Mar 24
4
Jeffrey L Ritenour
14 Feb 24
4
Richard E Muncrief
14 Feb 24
4
Jeremy D. Humphers
14 Feb 24
4
David Gerard Harris
14 Feb 24
4
Clay M Gaspar
14 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 761.00 mm | 761.00 mm | 761.00 mm | 761.00 mm | 761.00 mm | 761.00 mm |
Cash burn (monthly) | (no burn) | 45.75 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 314.43 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 446.57 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 9.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
47.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 982 |
Opened positions | 150 |
Closed positions | 345 |
Increased positions | 327 |
Reduced positions | 386 |
13F shares | Current |
---|---|
Total value | 13.02 tn |
Total shares | 299.85 mm |
Total puts | 8.22 mm |
Total calls | 4.26 mm |
Total put/call ratio | 1.9 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 73.90 mm | $3.35 tn |
STT State Street | 40.01 mm | $1.81 tn |
MS Morgan Stanley | 10.12 mm | $458.56 bn |
Victory Capital Management | 8.54 mm | $386.83 bn |
Raymond James & Associates | 8.31 mm | $376.37 bn |
Dimensional Fund Advisors | 7.08 mm | $320.61 bn |
NTRS Northern Trust | 6.53 mm | $295.72 bn |
Fuller & Thaler Asset Management | 6.26 mm | $283.57 bn |
Pacer Advisors | 6.15 mm | $278.40 bn |
IVZ Invesco | 5.86 mm | $265.29 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 Apr 24 | John Bennett Sherrer | Common Stock | Payment of exercise | Dispose F | No | No | 54.51 | 399 | 21.75 k | 8,462 |
12 Mar 24 | Clay M Gaspar | Common Stock | Gift | Acquire G | Yes | No | 0 | 186,289 | 0.00 | 186,289 |
12 Mar 24 | Clay M Gaspar | Common Stock | Gift | Dispose G | No | No | 0 | 186,289 | 0.00 | 407,094 |
4 Mar 24 | Richard E Muncrief | Common Stock | Buy | Acquire P | No | No | 44.42 | 15,000 | 666.30 k | 1,973,006 |
1 Mar 24 | Richard E Muncrief | Common Stock | Payment of exercise | Dispose F | No | No | 44.39 | 41,049 | 1.82 mm | 1,958,006 |
1 Mar 24 | Richard E Muncrief | Common Stock | Option exercise | Acquire M | No | No | 41.53 | 42,582 | 1.77 mm | 1,999,055 |
1 Mar 24 | Richard E Muncrief | NQSO Common Stock | Option exercise | Dispose M | No | No | 41.53 | 42,582 | 1.77 mm | 0 |
12 Feb 24 | Richard E Muncrief | Common Stock | Grant | Acquire A | No | No | 0 | 97,065 | 0.00 | 1,956,473 |
12 Feb 24 | Richard E Muncrief | Common Stock | Payment of exercise | Dispose F | No | No | 42.24 | 6,767 | 285.84 k | 1,859,408 |
12 Feb 24 | Richard E Muncrief | Common Stock | Payment of exercise | Dispose F | No | No | 42.24 | 7,390 | 312.15 k | 1,866,175 |
News
Stifel Maintains Buy on Devon Energy, Raises Price Target to $66
23 Apr 24
Piper Sandler Maintains Overweight on Devon Energy, Raises Price Target to $60
19 Apr 24
A Closer Look at 15 Analyst Recommendations For Devon Energy
15 Apr 24
Morgan Stanley Maintains Overweight on Devon Energy, Raises Price Target to $50
15 Apr 24
Oil Prices Spike Above $90 A Barrel As Iran-Israel Tensions Escalate: US Energy Stocks Eye 9th Week Of Gains
12 Apr 24