Devon Energy Corp. (DVN)$47.22

Market Cap: 19.70 BCurrency: USD

Research Snapshot

Static fundamentals, valuation context, and investor signals for Devon Energy Corp. (DVN).

ENERGY

OIL & GAS E&P

DCF ready

Valuation

8.6x

EV/FCF, 11.7% FCF yield

Quality

11.0%

ROIC, 18.6% FCF margin

Growth

29.1%

5Y sales (revenue) CAGR

Balance sheet

0.5x

Debt/equity, 1.0x current ratio

Superinvestors

Top: John Armitage (3.6%)

Strengths to research

Revenue compounded at 29.1% over five years.
Free cash flow compounded at 58.6% over five years.
Free cash flow margin is healthy at 18.6%.
Debt/equity looks manageable at 0.5x.

Watchouts

Current ratio is below 1 at 1.0x.

Annual data: 10 periods

Quarterly data: 24 periods

Stock snapshot: May 25, 2026

Static dataset: May 25, 2026

Quality Scorecard

Build-time composite score for DVN.

Grade C

/ 100

Peer Comparison

Target stock against 8 market-cap comparable peers.

Heat map: red worst to green best


DVN Target	Devon Energy Corp.	$19.7B	11.3x	8.6x	11.0%	29.1%	18.6%	N/A	N/A	N/A
CTRA	Coterra Energy Inc.	$19.3B	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
TRMLF	Tourmaline Oil Corp	$16.4B	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EXE	Expand Energy Corp.	$25.8B	12.9x	16.4x	7.7%	18.3%	15.2%	N/A	0.8x	N/A
EQT	EQT Corp.	$32.0B	17.5x	14.0x	6.5%	26.7%	32.8%	N/A	1.3x	N/A
AR	Antero Resources	$11.0B	18.1x	6.6x	8.9%	8.6%	30.9%	N/A	-0.1x	N/A
OXY	Occidental Petroleum	$38.1B	36.5x	14.0x	4.1%	4.7%	19.0%	N/A	N/A	N/A
FANG	Diamondback Energy Inc.	$39.1B	35.0x	6.0x	3.1%	40.4%	58.3%	N/A	2.2x	N/A
PR	Permian Resources Corp.	$9.6B	16.0x	3.6x	0.0%	54.2%	71.2%	N/A	2.3x	N/A

Financial Charts

No financial data available for DVN (annual).

3 superinvestors own DVN

Current quarter ownership and quarter-over-quarter share changes.

Superinvestor ownership

Fund	Shares	Value	% Portfolio	QoQ Change
John Armitage Egerton Capital	6,525,140	$328M	3.64%	0.0%
Yacktman Asset Management Yacktman Asset Management	458,844	$23M	0.31%	0.0%
Tweedy Browne Co. Tweedy Browne Value Fund	25,622	$1M	0.10%	0.0%