Devon Energy Corporation
DVNEnergyNASDAQOil & Gas E&P · Last scanned Jul 17, 2026
Part of the energy sector, Devon Energy Corporation (DVN) is listed under Oil & Gas E&P. The $49.63B market capitalization puts DVN squarely in large-cap range for its industry. The company operates in Delaware Basin located in southeast New Mexico and west Texas, Eagle Ford located in North America, Anadarko Basin located in western Oklahoma, Williston Basin located in North Dakota, and Powder River Basin located in Wyoming.
Market Cap
$49.63B
Beta
0.43
P/E (TTM)
11.95
P/E (Fwd)
8.11
EPS (TTM)
$3.60
EPS (Fwd)
$5.30
ROE
15.2%
ROA
6.1%
Cash
$1.76B
Total Debt
$8.70B
Free CF
$1.61B
52W Change
31.3%
Annual Financials
Cash vs Debt
The company holds $1.76B in cash, though total debt stands at $8.70B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow comes in at $1.61B, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 15.2%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 6.1% suggests reasonable efficiency in deploying the company's asset base. Revenue has been uneven over recent years, ranging from $19.17B to $17.19B.
DVN's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Devon Energy Corporation's trajectory.