From Nasdaq: 2025-05-02 17:50:00

Devon Energy (DVN) closed at $31.44, up 0.9%, trailing the S&P 500’s 1.47% gain. Shares fell 6.03% in the past month, underperforming the Oils-Energy sector’s 11.12% drop. Earnings release on May 6, 2025, is anticipated to show a 9.48% increase in EPS to $1.27 and a 21.31% rise in revenue to $4.36 billion.

Recent analyst revisions show optimism towards Devon Energy’s profitability. The Zacks Rank system, with a #3 (Hold) rating for DVN, indicates potential price changes. Valuation metrics like Forward P/E ratio of 7.18 and PEG ratio of 2.87 suggest DVN is trading at a discount compared to industry averages. Industry rank is in the bottom 22%.

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Read more at Nasdaq: Devon Energy (DVN) Advances But Underperforms Market: Key Facts