Devon Energy Corporation is an American energy company engaged in hydrocarbon exploration in the American market. It is organized in Delaware and its corporate operative headquarters are in the 50-story Devon Energy Center in Oklahoma City, Oklahoma.
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.Devon Energy International, L.L.C. ...
IRS number
731567067
DVN stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
28 Mar 23
S-3ASR
Automatic shelf registration
3 Mar 23
10-K
2022 FY
Annual report
15 Feb 23
8-K
Devon Energy Reports Fourth-Quarter and Full-Year 2022 Results; Declares Quarterly Dividend and Raises Fixed Dividend by 11 Percent in 2023
14 Feb 23
8-K
Departure of Directors or Certain Officers
3 Jan 23
10-Q
2022 Q3
Quarterly report
2 Nov 22
8-K
Devon Energy Reports Third-Quarter 2022 Financial and Operational Results
1 Nov 22
8-K
Departure of Directors or Certain Officers
16 Sep 22
10-Q
2022 Q2
Quarterly report
2 Aug 22
8-K
Devon Energy Reports Second-Quarter 2022 Financial and Operational Results
1 Aug 22
Transcripts
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
DVN
Earnings call transcript
2021 Q2
4 Aug 21
DVN
Earnings call transcript
2021 Q1
5 May 21
DVN
Earnings call transcript
2020 Q4
17 Feb 21
DVN
Earnings call transcript
2020 Q3
30 Oct 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| 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) | 1.45 bn | 1.45 bn | 1.45 bn | 1.45 bn | 1.45 bn | 1.45 bn |
| Cash burn (monthly) | (no burn) | 68.08 mm | (no burn) | (no burn) | 27.67 mm | (no burn) |
| Cash used (since last report) | n/a | 209.23 mm | n/a | n/a | 85.02 mm | n/a |
| Cash remaining | n/a | 1.24 bn | n/a | n/a | 1.37 bn | n/a |
| Runway (months of cash) | n/a | 18.3 | n/a | n/a | 49.5 | n/a |
Institutional ownership, Q4 2022
| 13F holders | Current |
|---|---|
| Total holders | 1276 |
| Opened positions | 211 |
| Closed positions | 131 |
| Increased positions | 495 |
| Reduced positions | 434 |
| 13F shares | Current |
|---|---|
| Total value | 29.86 tn |
| Total shares | 485.76 mm |
| Total puts | 14.20 mm |
| Total calls | 20.04 mm |
| Total put/call ratio | 0.7 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 77.85 mm | $4.79 tn |
| BLK Blackrock | 56.83 mm | $3.50 tn |
| STT State Street | 43.02 mm | $2.65 tn |
| FMR | 16.11 mm | $990.80 bn |
| Geode Capital Management | 13.32 mm | $819.86 bn |
| MS Morgan Stanley | 11.26 mm | $692.81 bn |
| BAC Bank Of America | 10.97 mm | $674.48 bn |
| Boston Partners | 10.50 mm | $645.78 bn |
| IVZ Invesco | 9.13 mm | $561.71 bn |
| NTRS Northern Trust | 7.66 mm | $471.45 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 14 Mar 23 | Clay M Gaspar | Common Stock | Buy | Acquire P | No | No | 49.98 | 20,000 | 999.60 k | 477,032 |
| 14 Mar 23 | Richard E Muncrief | Common Stock | Buy | Acquire P | No | No | 50.3 | 7,500 | 377.25 k | 1,762,038 |
| 9 Mar 23 | Richard E Muncrief | Common Stock | Payment of exercise | Dispose F | No | No | 52.98 | 57,884 | 3.07 mm | 1,754,538 |
| 9 Mar 23 | Richard E Muncrief | Common Stock | Payment of exercise | Dispose F | No | No | 52.98 | 15,436 | 817.80 k | 1,812,422 |
| 9 Mar 23 | Clay M Gaspar | Common Stock | Payment of exercise | Dispose F | No | No | 52.98 | 25,138 | 1.33 mm | 457,032 |
| 9 Mar 23 | Clay M Gaspar | Common Stock | Payment of exercise | Dispose F | No | No | 52.98 | 6,704 | 355.18 k | 482,170 |
| 9 Mar 23 | Dennis C Cameron | Common Stock | Payment of exercise | Dispose F | No | No | 52.98 | 9,923 | 525.72 k | 226,710 |
| 9 Mar 23 | Dennis C Cameron | Common Stock | Payment of exercise | Dispose F | No | No | 52.98 | 2,647 | 140.24 k | 236,633 |
News
Check Out What Whales Are Doing With DVN
31 Mar 23
Morgan Stanley Maintains Equal-Weight on Devon Energy, Lowers Price Target to $52
27 Mar 23
Devon Energy Unusual Options Activity For March 24
24 Mar 23
Analyst Expectations for Devon Energy's Future
24 Mar 23
Goldman Sachs Maintains Neutral on Devon Energy, Lowers Price Target to $58
24 Mar 23
Press releases
Thinking about trading options or stock in Trade Desk, Microsoft, Amazon, Analog Devices, or Devon Energy?
15 Feb 23
Devon Energy Reports Fourth-Quarter and Full-Year 2022 Results; Declares Quarterly Dividend and Raises Fixed Dividend by 11 Percent in 2023
14 Feb 23
Devon Energy Schedules Fourth-Quarter and Full-Year 2022 Earnings Release and Conference Call
11 Jan 23
Devon Energy Appoints Michael Mears and Gennifer Kelly to Board of Directors
3 Jan 23