DVN Devon Energy Corporation
Trend channel, buy level and 3-month target. Information only, not financial advice.
At the channel ceiling Β· 9-month channel rising
Price is at the upper line, where it has stalled before.
- 9-month channel read from
- US$47.87 β US$51.55 Β· rising, +15% a year
- 12-month channel
- US$47.78 β US$51.55 Β· rising, +44% a year
- Price in channel
- 116% (0% = floor, 100% = ceiling)
- Ceiling overhead
- none β above both ceilings
- Turns bearish below
- US$47.87
Price history, with the path projected 3 months forward
Updated 8:51 PM ET (39 h ago)
- Daily close
- Upper trend line (9 months)
- Lower trend line (9 months)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Our target
No published call: no target size has paid on this stockβs own record, so there is none to publish Levels below are for reference only.
Buy at or below
US$47.88
level as at 1 Nov 2026
Our target
US$51.55
by 2 Nov 2026
Projected move
7.7%
gross, before costs
Price is at or past our target.
- Upper line touches
- 3
- Lower line touches
- 3
- Fit confidence
- 65%
- Fitted
- 1 Nov 2026
Company information
About Devon Energy Corporation
As an independent energy producer, Devon Energy Corporation primarily focuses on the exploration, development, and extraction of oil, natural gas, and natural gas liquids within the United States. The company manages roughly 5,134 gross wells. Established in 1971, its corporate headquarters are located in Oklahoma City, Oklahoma.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Clay Gaspar
- Employees
- 2,200
- Country
- US
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- β
- Profitability
- β
- Financial health
- β
- Cash generation
- β
Key statistics
- Market cap
- US$57.37B
- Enterprise value
- β
- Beta
- 0.43
- Avg volume
- 10.96M
- Revenue per share
- β
- Dividend yield
- β
- 52-week range
- 31.91-52.71
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- β
- PEG
- β
- Price / sales
- β
- Price / book
- β
- EV / EBITDA
- β
- Gross margin
- β
- Operating margin
- β
- Net margin
- β
- Current ratio
- β
- Quick ratio
- β
- Debt / equity
- β
- Interest cover
- β
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.