devon energy is a leading independent oil and natural gas exploration and production company. we have premier positions in north america's hottest plays, including the permian basin, the eagle ford and canada's oil sands. for a complete list of job openings, visit careers.devonenergy.com. through entrepreneurialism, innovation, leadership and collaboration, we are working to produce the oil and natural gas needed to help meet north america's growing energy demand. we are listed among the fortune 500 and the fortune 100 best companies to work for. we also have the distinction of being a respected employer in canada with our position on the best workplaces in canada list as featured in the globe and mail. we are included in the s&p 500 index and trade on the new york stock exchange under the ticker symbol dvn.
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.WPX Energy Holdings, LLC ...
IRS number
731567067
DVN stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
28 Feb 24
8-K
Devon Energy Reports Fourth-Quarter and Full-Year 2023 Results; Declares Quarterly Dividend and Raises Fixed Dividend by 10 Percent in 2024
27 Feb 24
8-K
Departure of Directors or Certain Officers
23 Jan 24
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
Devon Energy Reports Third-Quarter 2023 Results, Declares Quarterly Dividend and Provides Preliminary 2024 Outlook
7 Nov 23
10-Q
2023 Q2
Quarterly report
2 Aug 23
8-K
Devon Energy Reports Second-Quarter 2023 Results and Declares Quarterly Dividend
1 Aug 23
8-K
Amendments to Articles of Incorporation or Bylaws
12 Jun 23
10-Q
2023 Q1
Quarterly report
9 May 23
8-K
Devon Energy Reports First-Quarter 2023 Results; Declares Quarterly Dividend and Expands Stock-Repurchase Program by 50 Percent to $3 Billion
8 May 23
Transcripts
DVN
Earnings call transcript
2023 Q4
28 Feb 24
DVN
Earnings call transcript
2023 Q3
8 Nov 23
DVN
Earnings call transcript
2023 Q2
2 Aug 23
DVN
Earnings call transcript
2023 Q1
9 May 23
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
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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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) | 761.00 mm | 761.00 mm | 761.00 mm | 761.00 mm | 761.00 mm | 761.00 mm |
Cash burn (monthly) | (no burn) | 45.75 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 257.63 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 503.37 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 11.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
47.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 982 |
Opened positions | 150 |
Closed positions | 345 |
Increased positions | 327 |
Reduced positions | 386 |
13F shares | Current |
---|---|
Total value | 13.02 tn |
Total shares | 299.85 mm |
Total puts | 8.22 mm |
Total calls | 4.26 mm |
Total put/call ratio | 1.9 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 73.90 mm | $3.35 tn |
STT State Street | 40.01 mm | $1.81 tn |
MS Morgan Stanley | 10.12 mm | $458.56 bn |
Victory Capital Management | 8.54 mm | $386.83 bn |
Raymond James & Associates | 8.31 mm | $376.37 bn |
Dimensional Fund Advisors | 7.08 mm | $320.61 bn |
NTRS Northern Trust | 6.53 mm | $295.72 bn |
Fuller & Thaler Asset Management | 6.26 mm | $283.57 bn |
Pacer Advisors | 6.15 mm | $278.40 bn |
IVZ Invesco | 5.86 mm | $265.29 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Mar 24 | Clay M Gaspar | Common Stock | Gift | Acquire G | Yes | No | 0 | 186,289 | 0.00 | 186,289 |
12 Mar 24 | Clay M Gaspar | Common Stock | Gift | Dispose G | No | No | 0 | 186,289 | 0.00 | 407,094 |
4 Mar 24 | Richard E Muncrief | Common Stock | Buy | Acquire P | No | No | 44.42 | 15,000 | 666.30 k | 1,973,006 |
1 Mar 24 | Richard E Muncrief | Common Stock | Payment of exercise | Dispose F | No | No | 44.39 | 41,049 | 1.82 mm | 1,958,006 |
1 Mar 24 | Richard E Muncrief | Common Stock | Option exercise | Acquire M | No | No | 41.53 | 42,582 | 1.77 mm | 1,999,055 |
1 Mar 24 | Richard E Muncrief | NQSO Common Stock | Option exercise | Dispose M | No | No | 41.53 | 42,582 | 1.77 mm | 0 |
12 Feb 24 | Richard E Muncrief | Common Stock | Grant | Acquire A | No | No | 0 | 97,065 | 0.00 | 1,956,473 |
12 Feb 24 | Richard E Muncrief | Common Stock | Payment of exercise | Dispose F | No | No | 42.24 | 6,767 | 285.84 k | 1,859,408 |
12 Feb 24 | Richard E Muncrief | Common Stock | Payment of exercise | Dispose F | No | No | 42.24 | 7,390 | 312.15 k | 1,866,175 |
12 Feb 24 | Richard E Muncrief | Common Stock | Payment of exercise | Dispose F | No | No | 42.24 | 19,558 | 826.13 k | 1,873,565 |
News
Biden's Corporate Tax Overhaul - Companies Navigate Uncertainties Of Tax Changes Without Clear Guidance
13 Mar 24
Deep Dive Into Devon Energy Stock: Analyst Perspectives (8 Ratings)
7 Mar 24
RBC Capital Reiterates Sector Perform on Devon Energy, Maintains $55 Price Target
7 Mar 24
Devon Energy's Options Frenzy: What You Need to Know
28 Feb 24
Recap: Devon Energy Q4 Earnings
27 Feb 24
Press releases
How Europe Can Win the Energy War With Russia
8 Mar 24
Devon Energy Reports Fourth-Quarter and Full-Year 2023 Results; Declares Quarterly Dividend and Raises Fixed Dividend by 10 Percent in 2024
27 Feb 24
Devon Energy Announces Chief Accounting Officer Retirement and Officer Appointment
23 Jan 24
Devon Energy Schedules Fourth-Quarter and Full-Year 2023 Earnings Release and Conference Call
17 Jan 24