Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs

NYSE:DVN

Devon Energy Corp (DVN)

47.35
+0.23 (0.49%)
as of Aug 28, 2026, 8:00:00 pm Market Open.
136 watching
0
Investor Insights
star iconAug 30, 2026, 12:00 am

This summary was created by AI, based on 5 opinions in the last 12 months.

Devon Energy Corp (DVN) has seen a diverse range of opinions from experts regarding its current market position and future potential. Some experts highlight the company's strong natural gas holdings, suggesting it might be a good play in the current market but caution against buying natural gas after a recent price surge. Others indicate that energy companies with clear catalysts for growth are preferable, and recommend looking for inexpensive natural gas companies. There’s an acknowledgment of concern regarding potential profit-taking, especially in gold and oil, as market uncertainty peaks. Despite mixed guidance for Q4, the stock has been re-rated positively, appealing to those seeking low-risk investments compared to more volatile sectors like tech.

consensus icon
Consensus
Mixed
valuation icon
Valuation
Fair Value
review icon
Similar
XOM
BUY
Devon is up 160% in the past year. The E&P companies are pricing maybe $65-75 oil, so as long as oil stays elevated they are minting cash. Yes, ESG pressures will cap what they can produce long term. So, they're making what they can now and paying that out to shareholders. It's still not expensive.
BUY
He loves the oil companies, loves Devon's massive variable dividend which they pioneered. They report Monday. Great CEO running a disciplined operation.
BUY
You need to own oil as crude oil is hammered as Russian oil is cut off spending. He doesn't believe the new lockdowns in China have a lasting effect (the lockdowns are temporary), unless there's a cut-off in Russian energy supplies. His favourite oil names are Chevron for their steady dividend, and Devon which returns a lot of cash flow to investors through a variable dividend instead of drilling recklessly.
BUY
Well run company that is good at returning capital. Currently pursuing exact strategy investors want. US energy companies trading a premium compared to Canadian energy companies. Good company for investors who want income.
BUY
By far, energy is the hottest sector. Devon is among the best exploration and production companies (E&P). It pays a bountiful variable dividend. He recently bought this.
BUY
Among the 10 top performers on the S&P of 2021 #1. Up 179% in 2021. The best-run oil company. It began the year with a merger. Their variable dividend last year that put them atop the S&P in terms of yield, now 7.4%. The new CEO is drilling for more crude with less capital, yet returning a lot of money to investors. He expects another strong year for Devon and the oil industry. Peers are copying Devon's model.
BUY
Options trading A beta name. He's been buying energy this year. Devon has had a great run this year and maybe more to come. 4,000 of the April $49 calls were bought today at $2.80 to over $3.00. Devon is retracing its July 2018 highs, so he sees more room to run. He bought.
BUY
This year so far, oil and natural gas prices have gone nuts. American oil producers have finally got religion by no longer endlessly drilling, but by returning capital to shareholders. Devon pays a huge variable dividend.
BUY
They're returning capital to shareholders rather than wasting their money on endless drilling. They're now paying a variable dividend, which means very high yields given the high price of oil, though slightly down from its high.
BUY
He was surprised to learn that Devon is the second-best performer int he first half of 2021. returned to shareholders.What really sets this apart is its 6% dividend yield. Last night, it reported a strong quarter and dividend increase.
premiumPremium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jan 19/21, Up 29.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with DVN has triggered its stop at $26. We recommend covering the balance of the position at this time. Combined with the previous recommendation to cover 50% of the position, this results in a net investment return over 29%.
premiumPremium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jan 19/21, Up 43.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with DVN is progressing well. We now recommend trailing up the stop (from $20) to $26. If triggered, this would all but guarantee a minimum investment return of 29%, considering our past recommendation to cover 50%.
premiumPremium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jan 19/21, Up 29.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with DVN has achieved its $26 objective. We now recommend covering 50% of the position to remain disciplined. We also recommend trailing up the stop to $20 (near the original recommended entry) to all but ensure a minimum investment return exceeding 14%.
premiumPremium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly As COVID-19 vaccines roll out around the world, there is the expectation that economies will begin turning back up and energy demand will rise accordingly. DVN has managed to keep debt under control (with none due until after 2025), see positive cash flow over the past 12 months, and devise a dividend strategy that is market responsive. All this because of the quality of assets. We would buy this with a stop-loss at $14, looking to achieve $26 -- upside of 30%. Yield 2.25% (Analysts’ price target is $25.70)
Showing 46 to 60 of 83 entries