Devon Energy Corporation (DVN) has a MoatMap StockRank of 71/100 based on Quality (66/100), Value (46/100), and Momentum (43/100) factor scores. The current signal is BUY. Devon Energy is a premier US independent E&P with a world-class asset footprint in the Delaware Basin. Under the Druckenmiller lens, the structural geopolitical risk premium in energy is not fully priced by a market obsessed with short-term demand fears. Devon has transitioned to a high-quality, shareholder-aligned model (Buffett lens) focused on capital discipline, low breakeven costs (~$40 WTI), and returning massive free cash flow to shareholders via buybacks and variable dividends. It offers an asymmetric hedge against geopolitical supply shocks with a high margin of safety.
Devon Energy Corporation is an independent energy company primarily engaged in the exploration, development, and production of oil, natural gas, and natural gas liquids in the onshore United States. The company focuses on high-quality, low-cost assets within premier basins like the Permian, leveraging efficient operational practices and a disciplined capital allocation strategy. Its emphasis on free cash flow and shareholder returns distinguishes it among U.S. independent E&P operators.
| Price | $45.07 |
| Market Cap | $50.9B |
| P/E (TTM) | 12.81 |
| P/E (Forward) | 8.48 |
| Price/Book | 1.85 |
| Return on Equity | 15.2% |
| Return on Invested Capital | 14.4% |
| Debt/Equity | 56.40 |
| Gross Margin | 46.9% |
| Operating Margin | 6.9% |
| Revenue Growth | -0.8% |
| Dividend Yield | 2.3% |
| Free Cash Flow | $1.6B |
Devon Energy Corporation operates in the Oil & Gas E&P industry, part of the Energy sector (United States).