Devon Energy Corp (DVN)

NYSE · Energy · Oil & Gas E&P · USA

Devon Energy Corp is a large cap company (market value between $10 billion and $200 billion) in the Oil & Gas E&P industry.

Devon Energy is an independent exploration and production company that develops oil, natural gas and natural gas liquids from onshore fields across the United States. The company operates multiple asset portfolios in key producing regions and sells its output to global energy markets.

From its FY2025 annual report (Form 10-K)

Intrinsic value, DCF valuation, financial health and value investing analysis for the Devon Energy Corp stock.

Our verdict on DVN

Undervalued: intrinsic value $72.64 per share, market price $50.92, margin of safety 29.9% (as of 2026-10-19).

Discounting its cash flows at 7.8% (average of 3 methods) values the shares at $72.64; the price of $50.92 is 30% below that value, and 80% of that value comes from beyond year five.

Leak Score: 71/100 on 10 of 12 signals (Clear Leak).

ETFs with the most weight in DVN

17 more funds hold it; the full list is part of the paid plan.

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Is DVN undervalued or overvalued?

DVN is undervalued (as of the 2026-10-19 close). Discounting its cash flows at 7.8% (average of 3 methods) values the shares at $72.64; the price of $50.92 is 30% below that value, and 80% of that value comes from beyond year five.

What is the intrinsic value of DVN?

$72.64 per share (as of the 2026-10-19 close), against a market price of $50.92. That is a margin of safety of 29.9%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.

What growth is priced into DVN stock?

The price asks for less growth than the company has already delivered. Repeating its past would be enough. Yearly sales decline the price allows: 1.4%. Yearly sales growth it has sustained: 7.8%.

What is Devon Energy Corp's Leak Score?

71 out of 100, which we rate "Clear Leak", on 10 of 12 value investing signals.