Investors Heavily Search Devon Energy Corporation (DVN): Here is What You Need to Know
Zacks.com users have recently been watching Devon Energy (DVN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
DVN - Devon Energy Corporation
Price:
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--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$56.82
DETAILS
HIGH:
$72.00
LOW:
$42.00
MEDIAN:
$57.00
CONSENSUS:
$56.82
UPSIDE:
20.33%
Stock News
Devon Commences Private Exchange Offers and Coterra Commences Consent Solicitations
HOUSTON, May 22, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corporation (NYSE: DVN) (“Devon”) and Coterra Energy Inc. (formerly NYSE: CTRA) (“Coterra”) today announced that, in connection with the completed merger of Coterra, with Coterra surviving as a direct, wholly owned subsidiary of Devon, Devon has commenced offers to Eligible Holders (as defined herein) to exchange (each, an “Exchange Offer” and collectively, the “Exchange Offers”) any and all outstanding notes issued by Coterra as set forth in the table below (the “Existing Coterra Notes”) for (1) new notes issued by Devon (the “New Devon Notes”) and (2) cash.
Devon boosts Delaware Basin footprint with $2.6 billion land acquisition
Devon Energy said on Thursday it bought 16,300 net undeveloped acres in New Mexico's Delaware Basin for approximately $2.6 billion, a move the company says will expand its regional footprint and drilling inventory.
Devon Energy Enhances Permian Inventory in Federal Lease Sale
HOUSTON, May 21, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corporation (NYSE: DVN) announced the successful acquisition of 16,300 net undeveloped acres in the core of the Delaware Basin in Lea and Eddy Counties, New Mexico, for approximately $2.6 billion, or approximately $161,500 per net acre, through the Bureau of Land Management (“BLM”) Oil and Gas Lease Sale. This acquisition bolsters the premier Delaware Basin positions in the industry, extends inventory life, and is accretive to net asset value per share.
Oil Could Drop Fast If the Iran Talks Succeed. Here's How to Hedge Your Energy Portfolio.
Iran and the United States continue to trade ceasefire proposals, and a deal could quickly shift the oil market narrative.
From High-Yield to High-Growth: 3 Stocks Boosting Dividends
Three big-name stocks recently added more juice to their dividends. These stocks sit on different ends of the dividend yield to dividend growth spectrum.
Here's Why Devon Energy (DVN) is a Strong Momentum Stock
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Devon Energy (DVN) Crossed Above the 20-Day Moving Average: What That Means for Investors
From a technical perspective, Devon Energy (DVN) is looking like an interesting pick, as it just reached a key level of support. DVN recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
Devon Energy (DVN) Crossed Above the 50-Day Moving Average: What That Means for Investors
After reaching an important support level, Devon Energy (DVN) could be a good stock pick from a technical perspective. DVN surpassed resistance at the 50-day moving average, suggesting a short-term bullish trend.
Devon Energy vs. Chevron: Here's the Better Oil Stock to Own Right Now
Oil prices are high right now, which is a huge benefit for Devon Energy, but Chevron may have a stronger business model.
The Best Energy Stock to Invest $10,000 in Right Now
Tread with caution if you are only looking at the energy sector because of the geopolitical conflict in the Middle East and high oil prices.
Devon Energy Corp (DVN) Stock Up 4.8% but GF Value Says Overvalued -- GF Score: 78/100
On May 15, 2026, Devon Energy Corp (DVN) shares rose 4.8% today, closing at $49.49. The stock is currently trading within a 52-week range of $30.24 to $52.71, r
Devon Energy: Still Cheap With FQ2'26 & H2'26 Commodity Tailwinds - Reiterate Buy
DVN benefits from efficient capital spending, AI-led production growth, and accretive merger with Coterra Energy, enhancing low-cost inventory and free cash flow yields. With the Iran conflict still developing, the US EIA already expects the commodity's spot prices to remain elevated through 2027, worsened by the ongoing inventory drawdowns. DVN trades at a notable discount at EV/proved reserves ratio of 12.25x against direct peers, albeit with it triggering the rich capital appreciation prospect and the expanded 2.74% dividend yield.
Wall Street Analysts Think Devon Energy (DVN) Is a Good Investment: Is It?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Stocks For Navigating Inflation Stress
With the deadlock in the Strait of Hormuz refusing to break, should investors adapt their strategy for a sustained period of high inflation on Wall Street?
Here's Everything Investors Need to Know About the Fervo Energy IPO
A closer look at this hot energy IPO.
Fervo Targets $1.82 Billion IPO With Bill Gates-Backed Energy Push
Fervo Energy is preparing for a bigger Nasdaq debut as investor appetite for power infrastructure continues to build around data center demand. The Houston-base
Fuel Shortages Could Hit This Summer and Oil Execs Say Recovery Is Months Away. 3 Stocks to Own While It Lasts.
Shell and other energy companies are warning about the impact of the Middle East conflict. High oil prices and fuel shortages are good news for these three companies.
Here is What to Know Beyond Why Devon Energy Corporation (DVN) is a Trending Stock
Devon Energy (DVN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Devon Energy Shareholders Clear Key Votes for Coterra Merger, Closing Nears
Devon Energy NYSE: DVN stockholders approved two proposals tied to the company's planned merger with Coterra Energy Inc. during a virtual-only special stockholders meeting, according to preliminary voting results announced at the meeting.
Price Targets
Devon Energy price target raised to $66 from $59 at Morgan Stanley
$66.00
(was $47.44)
Morgan Stanley
Devon Energy upgraded to Buy from Hold at Jefferies
$62.00
(was $45.31)
Jefferies
Devon Energy upgraded to Strong Buy from Outperform at Raymond James
$72.00
(was $51.26)
Strong Buy
·
Raymond James
Devon Energy price target raised to $57 from $50 at Roth Capital
$57.00
(was $49.48)
Nick Pope
·
Roth Capital
Devon Energy price target raised to $66 from $51 at Wells Fargo
$66.00
(was $44.23)
Wells Fargo
Devon Energy price target lowered to $60 from $61 at UBS
$60.00
(was $47.27)
UBS
Devon Energy price target raised to $59 from $46 at Morgan Stanley
$59.00
(was $52.07)
Morgan Stanley
Devon Energy price target raised to $52 from $50 at Barclays
$52.00
(was $44.39)
Barclays
Devon Energy price target raised to $52 from $47 at Susquehanna
$52.00
(was $44.37)
Susquehanna
Devon Energy price target raised to $50 from $42 at Roth Capital
$50.00
(was $45.24)
Nick Pope
·
Roth Capital
Devon Energy price target raised to $50 from $46 at UBS
$50.00
(was $42.47)
UBS
Devon Energy upgraded to Overweight from Equal Weight at Barclays
$50.00
(was $41.11)
Barclays
Devon Energy price target raised to $45 from $41 at Scotiabank
$45.00
(was $40.66)
Paul Cheng
·
Scotiabank
Devon Energy price target raised to $51 from $43 at Mizuho
$51.00
(was $40.14)
Nitin Kumar
·
Mizuho Securities
Devon Energy price target raised to $45 from $42 at Susquehanna
$45.00
(was $38.53)
Charles Minervino
·
Susquehanna
Devon Energy price target lowered to $46 from $48 at Morgan Stanley
$46.00
(was $38.99)
Devin McDermott
·
Morgan Stanley
Devon Energy price target raised to $42 from $40 at Barclays
$42.00
(was $38.02)
Barclays
Devon Energy downgraded to Sector Perform from Outperform at Scotiabank
$41.00
(was $36.32)
Paul Cheng
·
Scotiabank
Devon Energy price target lowered to $42 from $48 at Bernstein
$42.00
(was $38.01)
Bernstein
Devon Energy price target raised to $43 from $40 at Mizuho
$43.00
(was $37.55)
Nitin Kumar
·
Mizuho Securities