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 $37.52, down 0.05% from the previous day, and has increased 9.93% in one year. It has overperformed other stocks in the Oil & Gas E&P industry by 0.26 percentage points. Devon Energy stock is currently +44.92% from its 52-week low of $25.89, and -3.5% from its 52-week high of $38.88.
There are currently 627.3M shares of DVN outstanding. The market capitalization of DVN is $23.54B. In the past 24 hours, 7.11M 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 choose an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Devon Energy stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Pick your method of payment and add your info.
- 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 research tools can help you understand 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 buy DVN stock at a specific price.
- Get notifications regarding your investment in DVN: Create a watchlist to important notifications about your new investment in Devon Energy shares.
Step 1: Figure out where to buy Devon Energy stock
You need a brokerage account to access the NYSE market and buy DVN shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal info so you can invest in DVN today.
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Step 3: Deposit funds into your brokerage account
Now that you've opened your account on our top ranked stock trading app, your next step is to transfer the money for your investment:
Check out the walkthrough below if you need help transferring funds into your new brokerage account.
Step 4: Analyze Devon Energy stock
After you have selected the best place to buy Devon Energy stock, it's absolutely critical to analyze their stock before you buy, so you can wrap your head around the risk and opportunity.
Devon Energy stock at a glance
Fundamentals of Devon Energy
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on DVN's stock page.
Is DVN stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge DVN's fair value.
Using relative valuations measures:
- DVN could be undervalued based on its P/E ratio of 8.81x, relative to Oil & Gas E&P industry P/E ratio of 15.45x
- DVN could be overvalued based on its P/B ratio of 1.53x, relative to Oil & Gas E&P industry P/B ratio of 1.46x
- DVN could be overvalued based on its PEG ratio of 1.47x
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 earnings of $3.98B is not enough to cover its interest payments.
- DVN's operating cash flow of $6.84B allows it to safely service it's debt of $8.55B.
Negative Financial Indicators:
- DVN profit margin has gone down from 21.7% to 15.6% in the past year.
- DVN has a relatively high debt to equity ratio of 1.03.
- There are more short-term liabilities than short-term assets on the DVN balance sheet.
- 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 13 Equities analysts who track DVN, the consensus analyst rating on Devon Energy is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Latest DVN Analyst Ratings
Biju Perincheril, a top 5% analyst from Susquehanna maintains DVN with a strong buy rating and raises their DVN price target from $40.00 to $42.00, on Nov 12, 2025.
Susquehanna's Biju Perincheril raised their price target on Devon Energy (NYSE: DVN) by 5% from $40 to $42 on 2025/11/12. The analyst maintained their Strong Buy rating on the stock.
Devon Energy reported its Q3 2025 earnings.
Following an assessment of the print, Perincheril said they revised their model and hiked their price target.
Earnings Report
For Q3 2025, Devon Energy reported:
- EPS of $1.04, which beat the Zacks Consensus Estimate of $0.93 but missed, by 5.5%, Q3 2024’s $1.10.
- Revenue of $4.33B, which beat the Zacks Consensus Estimate by 5.17% and, by 7.7%, Q3 2024’s $4.02B.
Management did not provide EPS and revenue guidance in its press release.
President & CEO Clay Gaspar commented: “In Q3, Devon delivered another outstanding performance, achieving our best results of the year across all major value drivers.
"Production exceeded guidance, capital investments were at their lowest level year-to-date, and LOE reached its most efficient mark.
“These achievements reflect the strength of our disciplined strategy and the relentless execution by our team, driving robust free cash flow and reinforcing our commitment to delivering superior returns to shareholders.
“Our business optimization program continues to accelerate, 60%+ of targeted improvements achieved within the first seven months. This rapid progress is a testament to our culture of innovation and our team’s ability to embrace new technologies.
“By deploying advanced analytics and digital tools across our operations, we are streamlining workflows, enhancing decision-making, and capturing efficiencies that directly benefit our bottom line.
“These efforts are positioning Devon to unlock even greater value as we move forward.
“Looking ahead, our outlook for 2026 is even stronger than our current trajectory.
“We plan to sustain our production levels while further lowering capital requirements, building on the momentum established this year.
“Our focus on operational excellence, technology adoption, and disciplined capital allocation gives us confidence in our ability to deliver stronger results in 2026 and continue creating long-term value for our shareholders.”
Hanwen Chang, a bottom 7% analyst from Wells Fargo maintains DVN with a strong buy rating and lowers their DVN price target from $43.00 to $37.00, on Oct 17, 2025.
Nick Pope, a top 36% analyst from Roth Capital initiates coverage on DVN with a strong buy rating and announces their DVN price target of $42.00, on Oct 14, 2025.
Paul Cheng, a top 18% analyst from ScotiaBank maintains DVN with a buy rating and raises their DVN price target from $40.00 to $47.00, on Oct 9, 2025.
Betty Jiang, a bottom 5% analyst from Barclays maintains DVN with a hold rating and lowers their DVN price target from $42.00 to $40.00, on Oct 7, 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 $2.72B. During the past 4 year, DVN's earnings have gone up by 26.19% per year. This was faster than the Oil & Gas E&P industry average of -11.92%.
Last year, DVN revenue was $17.47B. During the last five year, DVN's revenue has grown by 27.74% per year. This was faster than the Oil & Gas E&P industry average of 25%.
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.
Kelt Kindick, Director of DVN, was the latest DVN insider to sell. They sold $257,140.10 worth of DVN shares on Aug 11, 2025.
Research more about who owns DVN shares here.
Does DVN stock generate passive income?
Devon Energy pays a dividend of 1.92%, compared to the Oil & Gas E&P industry's average dividend yield of 4.73%. If you owned $1,000 of DVN stock, you would have received $19.19 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.
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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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