NYSE · Energy

Devon Energy Corporation DVN

Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. The company operates in Delaware Basin located in southeast New Mexico and west Texas, Eagle Ford located in North America, Anadarko Basin located in western Oklahoma, Williston Basin located in North Dakota, and Powder River Basin located in Wyoming.

Oil & Gas Production

Company profile

Business mix

  • The company operates in Delaware Basin located in southeast New Mexico and west Texas, Eagle Ford located in North America, Anadarko Basin located in western Oklahoma, Williston Basin located in North Dakota, and Powder River Basin located in Wyoming.
  • Devon Energy Corporation was founded in 1971 and is headquartered in Houston, Texas.

Current key questions

  • How sensitive are revenue and cash flow to commodity prices, production volumes, and demand in oil & gas exploration & production?
  • Can capital spending, reserves, decline rates, and operating costs support durable free cash flow?
  • Do balance-sheet discipline and shareholder returns remain resilient across the energy cycle?
Holders 4 Current sample portfolio
Public mentions 0 Videos / interviews / letters
Valuation snapshot
PE 12.27 FCF 4.74% Buyback 1.73%
2026-06-07

Current firm holders

Firm Weight Value Filing period
GQG Partners Rajiv Jain 1.3% $813.7M 2026-03-31
Gotham Asset Management Joel Greenblatt 0.2% $49.3M 2026-03-31
Yacktman Asset Management Stephen Yacktman 0.3% $23.1M 2026-03-31
Tweedy, Browne Company 0.1% $1.3M 2026-03-31

Recent trading changes over the last 3 quarters

Net buyers 3 Last 3 13F filing periods
Net reducers 3 Last 3 13F filing periods
Unchanged holders 0 Share count unchanged
Increase amount $838.8M Estimated from net added shares
Reduction amount $265.5M Estimated from net reduced shares
Net share change / base shares +141.1% +10,320,436 / 7,314,013
Bridgewater Associates Ray Dalio 3 filing periods
13F 2025-09-30 Filed 2025-11-13
Major increase Shares 113.2% 13F value change +$19.7M
13F 2025-12-31 Filed 2026-02-13
Major increase Shares 19.6% 13F value change +$8.6M
13F 2026-03-31 Filed 2026-05-15
Sold out Shares -100.0% 13F value change -$42.9M
Settlement As of 13F 2026-03-31 · Filed 2026-05-15
Base shares 459,327 Last 3 periods -459,327 (-100.0%) Total shares 0 Value $0
Gotham Asset Management Joel Greenblatt 2 filing periods
13F 2025-12-31 Filed 2026-02-17
Major increase Shares 94.5% 13F value change +$17.7M
13F 2026-03-31 Filed 2026-05-15
Minor increase Shares 2.9% 13F value change +$14.4M
Settlement As of 13F 2026-03-31 · Filed 2026-05-15
Base shares 489,390 Last 3 periods +490,248 (+100.2%) Total shares 979,638 Value $49.3M
GQG Partners Rajiv Jain 1 filing periods
13F 2026-03-31 Filed 2026-05-12
New Shares - 13F value change +$813.7M
Settlement As of 13F 2026-03-31 · Filed 2026-05-12
Base shares 0 Last 3 periods +16,170,345 (New) Total shares 16,170,345 Value $813.7M
Tweedy, Browne Company 1 filing periods
13F 2026-03-31 Filed 2026-05-06
Major increase Shares 54.7% 13F value change +$682,523
Settlement As of 13F 2026-03-31 · Filed 2026-05-06
Base shares 16,565 Last 3 periods +9,057 (+54.7%) Total shares 25,622 Value $1.3M
Yacktman Asset Management Stephen Yacktman 3 filing periods
13F 2025-09-30 Filed 2025-11-04
Major reduction Shares -18.9% 13F value change -$2.2M
13F 2025-12-31 Filed 2026-02-03
Major reduction Shares -17.0% 13F value change -$2.4M
13F 2026-03-31 Filed 2026-05-01
Minor increase Shares 6.1% 13F value change +$7.3M
Settlement As of 13F 2026-03-31 · Filed 2026-05-01
Base shares 642,409 Last 3 periods -183,565 (-28.6%) Total shares 458,844 Value $23.1M
Smead Capital Management 3 filing periods
13F 2025-06-30 Filed 2025-08-14
Major reduction Shares -57.9% 13F value change -$137.1M
13F 2025-09-30 Filed 2025-11-10
Major reduction Shares -38.4% 13F value change -$24.5M
13F 2025-12-31 Filed 2026-02-09
Sold out Shares -100.0% 13F value change -$51.8M
Settlement As of 13F 2025-12-31 · Filed 2026-02-09
Base shares 5,706,322 Last 3 periods -5,706,322 (-100.0%) Total shares 0 Value $0

Recent mentions

No public mentions.