Devon Energy stock trades at USD 48.15 ahead of November earnings

Published on 10/07/2026 at 16:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Devon Energy stock was trading at USD 48.15 on October 7, 2026, after second-quarter revenue reached USD 7.42 billion. Nineteen firms set a USD 60.64 average target.

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Devon Energy (ISIN US25179M1036) stock was trading at USD 48.15 on the NYSE on October 7, 2026, at 10:28 a.m. ET, up 0.27 percent from the prior close. The next earnings report is scheduled for November 4, 2026, according to Gekko.

Second-quarter growth sets the baseline

Devon Energy's second-quarter 2026 revenue reached USD 7.42 billion, up 73.1 percent from the year-earlier quarter, according to MarketBeat. Quarterly EPS was USD 1.57, compared with a USD 1.40 consensus estimate, producing a USD 0.17 beat.

The comparison matters because the revenue increase came alongside an earnings beat rather than a sales-only expansion. Devon's latest quarter also included the first full quarter after its merger with Coterra, giving the results a broader operating base than the prior-year comparison.

Consensus target stays above the quote

Gekko lists 19 firms in its consensus, with 18 Buy ratings, one Hold rating and zero Sell ratings. The average 12-month target is USD 60.64, with a low of USD 44 and a high of USD 67.

Against the USD 48.15 quote on October 7, 2026, the consensus target lies 25.9 percent above the price. That spread is a market expectation, not a company forecast, while the USD 44 low target shows that the analyst view is not uniform.

Dividend date and market value

Devon Energy's third-quarter 2026 cash dividend was scheduled for payment on October 6, 2026, according to Vermögenszentrum. The payment date places shareholder returns alongside the company's integration and earnings priorities.

Devon Energy had a market capitalization of USD 53.0 billion on October 7, 2026. Its 52-week range was USD 31.47 to USD 52.71, leaving the current quote below the yearly high while remaining above the midpoint of the range.