NYSE:DVN

Devon Energy Corp (DVN)

44.07
-1.01 (2.24%)
as of Jun 9, 2026, 8:00:00 pm Market Open.
136 watching
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Investor Insights
star iconJun 9, 2026, 12:00 am

This summary was created by AI, based on 3 opinions in the last 12 months.

Experts have mixed opinions on Devon Energy Corp (DVN). One expert praises the company for its solid natural gas holdings but advises against purchasing natural gas following a significant price increase. Another expert mentions a potential opportunity for profit-taking in commodities like gold and oil, suggesting that the current supply uncertainty may have reached its peak. Another review highlights the stability of DVN as a reliable investment choice compared to tech stocks, with the company's Q4 guidance being average yet sufficient for a positive reassessment of the stock. The general sentiment reflects cautious optimism, with some interest in leveraging profits.

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Consensus
Positive
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Valuation
Fair Value
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Similar
XOM
COMMENT

There is a trading range, somewhere between $50 and $60. It is currently near the top of its trading range. If it broke up through $61, he would be all over it.

TOP PICK

Known as a gas name but they are moving more towards liquids and oils so it gives a bit of a mix on the commodity side. Management has seen that their stock has underperformed their peers and are looking at all initiatives to unlock value within Devon.

DON'T BUY

When he looks at commodities, one of the things he insists upon is not sacrificing the role that dividends pay in long-term rates of return. This is the kind of company that has an alright but not great asset base, alright but not great balance sheet and a so-so dividend yield of about 1.25%. Outlook for oil and natural gas prices is pretty mediocre in this environment.

HOLD
Fine company with great assets and exploration interests. Could be a takeout candidate. (With US stocks, a 10% loss on currency would mean you should have a 25% gain on the stock.)
PAST TOP PICK
(A Top Pick Aug 8/07. Up 50%.) Gas weighted. Really good reserve growth. Best Reserves in the US. Still going higher.
TOP PICK
Gas weighted. Have the best reserves and the best production growth. The big focus is on the Barnett Shale, which is the most prolific region in the US.
TOP PICK
In probably the most prolific play in the US, a region near the Fort Worth area. Have the best record of adding to their reserves as well as the best quality reserves.
BUY
US energy stocks get no respect. He has a model price of $80.80 which is a 32% positive differential. Big earnings going on their balance sheet.
BUY
A terrific company. Has great natural gas reserves. It's at an attractive price right now. A better buy now than it has been for a couple of years.
DON'T BUY
Doesn't follow this one closey, but feels they have done a pretty good job. Have taken their resource exposure, including energy, down.
PAST TOP PICK
(A Top Pick Jan 18/05. Up 15%.) Sold his position on the spike up to $50.
BUY
Prefers over CNQ (CNQ-T). Anadarko Petroleum (APC-N) is also a good name.
PAST TOP PICK
(A Top Pick Jan 18/05. Up 20%.) Took their profit.
BUY
Oil stock prices are a lot cheaper in the US than in Canada. Looking for more upside.
BUY
In US holdings, prefers energy sector to others.
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