DV

Devon Energy Corporation

DVNEnergyNASDAQ

Oil & Gas E&P · Last scanned Sep 9, 2026

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Financials · Annual
Revenue
$17.19B
+7.8% YoY
Net Income
$2.64B
-8.6% YoY
EBITDA
$7.56B
+2.6% YoY
Free Cash Flow
$782.6M

Scan Results

Daily timeframe
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DateIndicatorDetails
Sep 3 MACD Positive CrossoverHistogram +0.0944, positive momentum
RSI OverboughtRSI 74.1, above 70, stock may be overbought
Sep 2 MACD Positive CrossoverHistogram +0.0805, positive momentum
RSI OverboughtRSI 70.8, above 70, stock may be overbought
About Devon Energy Corporation

Part of the energy sector, Devon Energy Corporation (DVN) is listed under Oil & Gas E&P. At a $53.24B market cap, Devon Energy Corporation ranks as a large-cap company within energy. 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.

Where DVN stands vs its 150-day and 200-day moving averages

As of the September 3, 2026 close, DVN finished 8.11% above its 150-day moving average ($45.35) and 13.86% above its 200-day moving average ($43.06). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.

Is DVN overbought or oversold?

At the September 3, 2026 close, DVN's RSI(14) was 74.1, in overbought territory (above 70). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.

Key stats
Market Cap$53.24B
P/E (TTM)10.52
Fwd P/E8.92
EPS$4.60
Beta0.43
52W Change+35.3%
Dividend Yield2.66%
ROE11.5%
Analysis

Devon Energy Corporation carries $11.89B in total debt against $950.0M in cash reserves — debt is roughly 12.5x the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow comes in at $782.6M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 11.5% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 5.9% suggests reasonable efficiency in deploying the company's asset base. Revenue has been uneven over recent years, ranging from $19.17B to $17.19B.

The relatively low beta of 0.43 suggests DVN is a less volatile holding compared to the broader index. Devon Energy Corporation carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. No single metric tells the full story. Reviewing DVN's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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