Exchange: NYSE·Updated 08:10 PM EST
DVN logo

DVN Devon Energy Corp.

$44.13
$3.50
(7.35%)
Today
Closed $44.12
$0.01
(0.02%)
Overnight
EarningsNov 5
Mkt Cap$52.38B
Vol18.86M

About DVN

Devon Energy Corp. engages in the exploration, development, and production of oil and natural gas properties. It develops and operates Delaware Basin, Eagle Ford, Heavy Oil, Barnett Shale, STACK, and Rockies Oil. The company was founded by J. Larry Nichols and John W. Nichols in 1971 and is headquartered in Oklahoma City, OK.
80

Extremely Bullish Sentiment

How do you feel about DVN?

EliasTrader87
$DVN Three reasons to buy: 1-Oil prices remain well above pre-war levels. 2-Plenty of free cash flow 3-The $44 level has proven to be a decent support
2
wallstreet_gangsta2
$DVN $OXY 🥸🥸🥸😎😎😎🤩🤩🤘🤘 daddy is the king of oil gas , sometime I surprise even myself how good I am at energy investor , my wife can’t praise me enough seeing my energy LONGS
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Stoxpo
Devon Energy Corporation $DVN shares are trading higher on Thursday after the company disclosed a deal to sell its Eagle Ford assets to Crescent Energy $CRGY for $4.2 billion in cash. The assets include approximately 90,000 net acres across Karnes, DeWitt and Gonzales Counties in Texas and account for about 4% of Devon’s total BOE production. $DVN $CRGY $SPY
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switchblade0611
$DVN 52 seems difficult.... too many retests .....ill sell some now and wait for a breakout....it seems that oil will trade between 95 and 105 for awhile
3
Veridionmarkets
$DVN at 51.86, about 1.6% under its 52-week high of 52.71 (around 1:50 PM ET). Rep. Kevin Hern (OK-1) reported seven Devon sales between Aug 31 and Sep 23 across two House reports: three lines at 100,001 to 250,000 dollars each (Aug 31, Sep 2, Sep 4), and the family foundation's Sep 23 line is a full sale, not a partial. Combined, 395,007 to 1 million dollars as filed (PTR 20035491 and 20035588). The same reports list $XOM and $CVX sales. Filings show trades, not reasons. Ranges as filed; not advice.
2
OnlyFibs
RECAP 10/22 Chatter: $DVN + Asset or Co. Sale $SKYD + $1B Musk investment $SKYD - $8-10B was rumored $DDOG - Upwind buy (denied) $MRNA $MRNA - Leaked data
2
QuantInsider
$DVN looking interesting with those upside call sweeps into Nov-Dec despite today's pullback Saw a total of 3,170 Dec 18 $55 calls and a 1,932-contract Nov 20 $52.5 call sweep on InsiderFinance Traders are eyeing a 7 to 10 percent upside, making those strikes key levels to watch Even with the small BMO price target cut, the target's still at $65, way above the current $50 That makes $50 a tactical pivot Short-term traders also jumped on a 1,115-contract Oct 23 $51 call sweep, showing they are betting on a bounce or volatility pop into week's end Buyers seem comfy adding on this dip
2
VoraReport
Devon Energy ($DVN) pressing right against the apex of a major multi-month symmetrical triangle. The Setup: Coiling tightly with a breakout test underway right around the $50-$51 resistance zone, supported by a rising moving average slope filter below. Momentum: Volume profile shows lighter overhead supply once it clears this upper trendline band. Action: Coiling for a potential expansion move—watching for confirmation on the breakout.
2
privileged_stockboi
$DVN is selling assets representing roughly 4% of its production for about 8% of its current market cap, why is it blood red?
2
thatsolardude365
$DVN: a $5 cutoff decides Kunneman checks. Royalty owners whose pro rata share of the $52.5M Devon gas deal is $5 or less get nothing. Shares are based on gas volume and deductions, paid automatically. Open Class Actions.
1
thatsolardude365
$DVN: the Kunneman headline is $52.5M, but owners split about $30.1M. Court orders took $21M in fees plus costs from the fund Sept. 21. Gas royalty owners from 2013 to 2025, paid automatically. Open Class Actions.
1
thatsolardude365
$DVN: approval is not payment in Kunneman. The Sept 21 final approval starts an appeal wait, then Devon royalty owners get a distribution order within 60 days after the effective date. No date yet. Open Class Actions.
1
FightingIrish33
$DVN Is Devon Still Promising More Cash? Yes, though the goal has changed: the newest promise is about merger savings, not the 2025 free cash flow plan. During the fiscal Q2 2026 call on August 5, 2026, management said Devon is on track for at least $1 billion of annual synergies by year-end 2027 from the Coterra deal. Management also said Devon reinvested 43% of its cash flow in that quarter, against the mid-50s over the past two years, on its own measure.
1
mokarney
That $DVN call activity caught my attention, but it’s the stock holding $50 after today’s crude draw that makes the setup interesting. I’m looking at the December 18, 2026 $55 calls for a short swing, not a hold through earnings. A daily close below $49.18 would break the thesis, and the plan exits by October 26, 2:30 p.m. CT.
1
FightingIrish33
$DVN Crude oil is trading near $100 a barrel, Brent is around $110, and William Blair energy research analyst Neal Dingmann thinks the next move could be a "super spike." "We could see a super spike like a lot of the CEOs of the majors have suggested," Dingmann noted that oil executives keep telling him prices have a new, higher floor for at least the next several quarters, and he agrees: The midcycle price most analysts used to put at $70 to $80 a barrel is now "probably closer to 80 to 90," with periods above $100. "I think we've already seen record highs and we're going to even see higher," Dingmann said, pointing to "diesel, gasoline, home heating fuels" as winter approaches. good news for US oil producers, which Dingmann said "are just going to continue to print money." Most of the companies he covers reported record free cash flow in the second quarter, he said, and he expects new records in the third or fourth quarter.
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FightingIrish33
$DVN "Devon Energy's expanding application of AI tools from drilling and completions into autonomous artificial lift on more than 1,000 wells, along with broader deployment across legacy Coterra wells, is expected to keep lowering unit operating costs and sustaining capital efficiency improvements that support operating margins and free cash flow."
1
Think_long
$DVN sure does look like a possible cup and handle breakout might be on the horizon. Bad for the rest of the market
1
KryptonResearch14
$DVN Devon signed the definitive agreement Thursday to sell its Eagle Ford assets to Crescent Energy for 4.2 billion dollars in cash (company release). That closes the loop on the September rumor. BP studied the asset and walked away, and TPH had pegged it at about 4.5 billion. Devon got within spitting distance of that number, from a different buyer. One level down, the buyer is doing the heavy lifting. Crescent is picking up about 68,000 boe/d and more than 600 Tier 1 locations, sees around $140 million in annual synergies, and launched a 1 billion dollar equity offering the same day to help fund the deal. Devon calls it a full exit from the basin: roughly 90,000 net acres, about 4% of its total BOE.
1
switchblade0611
$DVN this is likely to pullback into the 48 to 50 range unless oil reverses course. Yes...I'm aware earnings will be released Thursday... could go either way honestly after that
switchblade0611
$DVN before today's price movement i would have thought the price would stay above 49.18.... but i guess the cup & handle bullish chart still could in play

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