How to Buy Devon Energy Stock
Devon Energy Corp
Devon Energy is a oil and gas company located in Oklahoma, United States, which is part of the Energy sector, and is traded under the ticker DVN on the NYSE exchange.
Devon Energy stock last closed at $35.11, up 2.27% from the previous day, and has decreased 23.27% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.3 percentage points. Devon Energy stock is currently +35.61% from its 52-week low of $25.89, and -28.85% from its 52-week high of $49.35.
There are currently 642.1M DVN shares outstanding. The market value of DVN is $22.54B. In the past 24 hours, 12.71M DVN shares were traded.
How to Buy Devon Energy Stock
Not sure how to invest in Devon Energy stock? Here's how.
- Figure out where to buy Devon Energy stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Devon Energy stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Pick your method of payment and add your details.
- Analyze Devon Energy stock: The Devon Energy ticker symbol is DVN. Is Devon Energy stock a good investment? Should you buy shares of DVN? How do DVN's underlying business fundamentals look? Do top analysts think Devon Energy is a good buy? Why has DVN's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if DVN is a good stock to buy).
- Make your DVN trade: Decide if you will purchase DVN shares at the current market price or use a limit order to purchase DVN stock at a particular price.
- Get notifications regarding your investment in DVN: Create a watchlist to track your investment in Devon Energy stock.
Step 1: Figure out where to buy Devon Energy stock
You need a brokerage account in order to access the NYSE market and buy DVN stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the best brokerage, you need to fill out some personal information so you are able to buy DVN today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create your new trading account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have opened your account on app for stock market, your next step is to transfer the money for your investment:
Check out the video below for more details transferring funds into your new investment account.
Step 4: Analyze Devon Energy stock
After you have decided on the best place to buy Devon Energy stock, it's crucial to analyze their stock before you invest, so you truly understand the risk as well as the opportunity.
Devon Energy quick stats
DVN Due Diligence Checks
WallStreetZen was designed to help part-time investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on DVN's stock page.
Is DVN stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge DVN's true value.
Using relative valuations metrics:
- DVN could be undervalued based on its P/E ratio of 7.96x, relative to Oil & Gas E&P industry P/E ratio of 17.08x
- DVN could be undervalued based on its P/B ratio of 1.55x, relative to Oil & Gas E&P industry P/B ratio of 1.65x
You can access more valuation analysis on DVN's stock here.
DVN Financial Overview
Positive Financial Indicators:
- Total DVN debt is lower than 5 years ago, relative to shareholder equity.
- DVN has $1.23B in cash and short term investments. This is sufficient to cover its annual cash burn of $549.00M.
- DVN has cash burn of 549000000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the DVN balance sheet.
Negative Financial Indicators:
- DVN has a relatively high debt to equity ratio of 1.11.
- DVN profit margin has gone down from 22.3% to 16.6% in the past year.
- There are more long-term liabilities than short-term assets on the DVN balance sheet.
Is DVN stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 17 Equities analysts who track DVN, the consensus analyst rating on Devon Energy is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Latest DVN Analyst Ratings
Betty Jiang, a bottom 8% analyst from Barclays maintains DVN with a hold rating and raises their DVN price target from $38.00 to $40.00, on May 7, 2025.
Noah Hungness, a top 30% analyst from Bank of America maintains DVN with a strong buy rating and lowers their DVN price target from $52.00 to $42.00, on Apr 29, 2025.
Biju Perincheril, a bottom 2% analyst from Susquehanna maintains DVN with a strong buy rating and lowers their DVN price target from $52.00 to $41.00, on Apr 22, 2025.
Scott Hanold, a top 8% analyst from RBC Capital maintains DVN with a hold rating and lowers their DVN price target from $49.00 to $40.00, on Apr 14, 2025.
Paul Cheng, a top 19% analyst from ScotiaBank maintains DVN with a buy rating and lowers their DVN price target from $45.00 to $35.00, on Apr 11, 2025.
You can dig deeper into what analysts are projecting on the Devon Energy stock forecast page.
DVN Technicals
Is DVN Growing Revenue?
Last year, DVN earnings were $2.79B. During the past 3 year, DVN's earnings have gone up by -56.01% per year. This was slower than the Oil & Gas E&P industry average of 9.65%.
Last year, DVN revenue was $16.80B. During the last five year, DVN's revenue has grown by 18.37% per year. This was faster than the Oil & Gas E&P industry average of 13.51%.
You can research DVN's earnings and revenue performance here.
Who is buying/selling DVN?
In the past year, insiders at DVN have sold more shares than they have bought.
John David Raines, SVP EP Asset Management of DVN, was the latest DVN insider to sell. They sold $33,660.75 worth of DVN shares on Apr 10, 2025.
Research more about who owns DVN shares here.
Does DVN stock generate passive income?
Devon Energy pays a dividend of 2.56%, compared to the Oil & Gas E&P industry's average dividend yield of 3.98%. If you owned $1,000 of DVN stock, you would have received $25.63 in the past 12 months.
Devon Energy dividend payments have not consistently grown over the past decade and have not remained stable.
Get more analysis about Devon Energy dividend yield and history here.
What others are saying about DVN
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your DVN trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount limit, use a limit order.
Press the Open Trade button and eToro will execute your order.
If you require additional info about buying stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your investment in DVN
Now that you own some DVN shares, you'll want to stay up-to-date on your shares.
Put DVN on a watchlist to track the most important metrics related to your DVN stock.
DVN Feed
How to Buy Stock in Devon Energy
To summarize, here are the 6 steps for buying Devon Energy stock:
- Figure out where to buy Devon Energy stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Analyze Devon Energy stock
- Make your DVN trade
- Get notifications regarding your investment in DVN
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep track of your new investment in Devon Energy, add DVN to your watchlist by clicking the button below.
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