— Know what they know.
Not Investment Advice
Also trades as: 0I8W.L (LSE) · $vol 1M

DVN NYSE

Devon Energy Corporation
1W: +1.4% 1M: +9.8% 3M: +21.8% YTD: +39.0% 1Y: +58.4% 3Y: +15.7% 5Y: +61.5%
$51.23
-0.41 (-0.79%)
After Hours: $51.37 (+0.14, +0.26%)
Weekly Expected Move ±3.8%
$47 $49 $51 $53 $55
NYSE · Energy · Oil & Gas Exploration & Production · Tech Score Strong Buy · Power 75 · $56.8B mcap · 1.09B float · 1.06% daily turnover · Short 37% of daily vol
Credit Risk of going bust: lower than 68% of companies Debt: 17.1% of company value Bonds: $423.9M held by 316 funds, 96 bp over Treasuries → details ▾
Of US companies ranked in the safest four tenths, about 1 in 3,500 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $0.84 (down 98%), Devon Energy Corporation would be worth roughly what it owes.
Total debt $11.74B against a stock market value of $56.80B.
Distance to default 7.34 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $6.44B (short-term plus half of long-term), stock volatility 34.3%; Altman Z'' 2.31. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue
$17.1B +10.0% ▲
5Y CAGR: +31.5%
Gross Profit
$4.2B -0.9% ▼
Operating Income
$3.8B +0.1% ▲
Net Income
$2.6B -8.6% ▼
EPS (Diluted)
$4.20 -8.1% ▼
EBITDA
$7.4B -0.1% ▼

Profit Margins

Year-over-Year Growth

View Full Income Statement
Line ItemFY2021FY2022FY2023FY2024FY2025
Revenue$13.8B$19.8B$15.1B$15.6B$17.1B
YoY Growth+216.0%+44.2%-23.6%+2.8%+10.0%
Cost of Revenue$8.5B$10.9B$9.9B$11.3B$12.9B
Gross Profit$5.2B$9.0B$5.2B$4.3B$4.2B
Gross Margin37.9%45.3%34.3%27.4%24.7%
R&D Expenses$0$0$0$0$0
SG&A Expenses$391M$395M$408M$500M$6.1B
Operating Expenses$391M$395M$408M$500M$456M
Operating Income$4.8B$8.6B$4.8B$3.8B$3.8B
Operating Margin35.0%43.3%31.7%24.2%22.0%
Interest Expense$361M$347M$363M$401M$511M
Income Before Tax$2.9B$7.8B$4.6B$3.7B$3.5B
Tax Expense$65M$1.7B$841M$770M$785M
Net Income$2.8B$6.0B$3.7B$2.9B$2.6B
Net Margin20.2%30.3%24.7%18.6%15.4%
EPS (Diluted)$4.18$9.12$5.84$4.57$4.20
EBITDA$5.4B$10.4B$7.6B$7.4B$7.4B
Shares Outstanding665M653M642M623M629M

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms