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DVN DEVON ENERGY CORP/DE

Trailing twelve months to 2026-06-30 · as filed 2026-08-05, not restated
Energy

Scale

Market cap
$51.0bn
Revenue TTM
$19.7bn
Net income TTM
$3.3bn
Free cash flow
$4.7bn
Composite score
Sector rank
#233

Valuation

P / E
15.5
EV / EBITDA
EV / sales
3.1
FCF yield
9.21%
Earnings yield vs 10-yr
1.70pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
16.6%
EBITDA margin
ROE
7.9%
ROIC
Revenue growth
16.7%

Insider activity, last 90 days

Net open-market
$-53.58m
Buyers
0
Sellers
2

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

Q1 2026 Our second quarter 2026 and first quarter 2026 net earnings were $1.9 billion and $120 million, respectively. Unhedged oil and NGL prices increased primarily due to higher WTI and Mont Belvieu index prices, while unhedged gas prices decreased primarily due to lower Henry Hub index prices and expanded regional gas price differentials in the Permian, including negative spot pricing at the Waha hub in the second quarter of 2026. The increase in index prices was partially offset by oil hedge cash settlements. LOE per Boe decreased and gathering, processing & transportation per Boe increased due to a different post-merger asset and product mix. …DEVON ENERGY CORP/DE, 10-Q, period ended 2026-06-30, filed 2026-08-05

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