Not investment advice. FilingSight is an automated analytical research tool, not a registered investment advisor. Ratings and scores are quantitative analytical classifications, not buy or sell recommendations. Nothing here is personalized to your circumstances. Investing involves risk of loss — consult a licensed professional. See full disclosures.
Create a free account to read 3 full reports each month — plus a 14-day Pro trial. Get started →
Devon Energy
DVNEnergyGenerated Aug 19, 2026, 10:33 PM UTC
DVN (Devon Energy) analytical snapshot. Revenue grew +7.8% YoY to $17.19B. 5-year revenue CAGR +7.1%; 10y CAGR +3.9%. Net margin at 15.37% (contracting ▼). Market cap $53.01B at $48.19 per share. Trailing P/E 11.56, P/S 3.08, P/B 1.27. EV/Operating income ≈ 10.51 (EV $63.45B). Risk: Elevated. Macro: Risk-on · Supportive. Composite analytical score 1 (data confidence 82%). Descriptive analytics from public filings — not investment advice.
Market cap
$53.01B
1.10B shares
Price
$48.19
NYQ
P/E (ttm)
11.56
Revenue (FY)
$17.19B
YoY +7.8%
Net margin
15.37%
▼ 16.01pp
Free cash flow
$3.12B
18.15% margin
Risk level
Elevated
Free SEC analysis
— computed from SEC filings, free to readFree previewRegulatory Analyst
Filings & Ownership
Regulatory Analyst
score 30Improving
80% conf
Latest annual report (10-K) filed Feb 18, 2026. Latest quarterly report (10-Q) filed Aug 5, 2026. 17 recent 8-K material-event filings in the index.
- Latest annual report (10-K) filed Feb 18, 2026.
- Latest quarterly report (10-Q) filed Aug 5, 2026.
- 17 recent 8-K material-event filings in the index.
- Recent insider Form 4s: 0 buy vs 0 sell transactions.
- ~10,000+ recent 13F-HR filings reference Devon Energy; broad institutional reporting.
- Recent filers include TELEOS MANAGEMENT LLC, Encompass Capital Advisors LLC, Encompass Capital Advisors LLC.
- 19 recent 13D activist/beneficial-ownership filings — potential catalyst.
- 1 recent 13G passive institutional ownership notices.
Latest 10-K
Feb 18, 2026
Annual report
Latest 10-Q
Aug 5, 2026
8-K (recent)
17
Insider net
—
0B/0S
13F filers
10k+
Activist 13D
19
Recent 13F institutional filers (SEC EDGAR full-text)
| Filer | Form | Filed |
|---|---|---|
| TELEOS MANAGEMENT LLC | 13F-HR | Aug 13, 2001 |
| Encompass Capital Advisors LLC | 13F-HR | Feb 16, 2016 |
| Encompass Capital Advisors LLC | 13F-HR | Nov 14, 2013 |
| Arosa Capital Management LP | 13F-HR | May 16, 2016 |
| TVR Capital Management LP | 13F-HR | Feb 13, 2018 |
Recent 8-K material events
| Date | Form | Description |
|---|---|---|
| Aug 4, 2026 | 8-K | 8-K |
| Jun 30, 2026 | 8-K | 8-K |
| Jun 25, 2026 | 8-K | 8-K |
| Jun 5, 2026 | 8-K | 8-K |
| May 22, 2026 | 8-K | 8-K |
| May 21, 2026 | 8-K | 8-K |
| May 7, 2026 | 8-K | 8-K |
| May 5, 2026 | 8-K | 8-K |
Free previewSEC Filing Analyst
SEC Filing Deep-Analysis
SEC Filing Analyst
score -46Deteriorating
64% conf
3 risk signal(s), 1 positive signal(s), 1 watch item(s) detected from XBRL filing diff analysis. 3 risk signal(s) detected versus 1 positive signal(s). The balance of evidence suggests elevated filing-specific risk that warrants monitoring in subsequent filings.
- NEW: Going concern doubt in latest filing: The term "going concern" "substantial doubt" appears in recent 10-K/10-Q filings but was NOT present in the prior 24-month period. This is a new risk disclosure that warrants attention. Found in 1 filing(s).
- NEW: Substantial doubt about ability to continue in latest filing: The term "substantial doubt" "ability to continue" appears in recent 10-K/10-Q filings but was NOT present in the prior 24-month period. This is a new risk disclosure that warrants attention. Found in 1 filing(s).
- Restatement of financial statements: The term "restatement of" "previously issued" appears in 1 recent filing(s) (vs 1 in the prior period). This risk language is ongoing.
- Operating cash flow exceeds net income: OCF is 2.54x net income, indicating high earnings quality — cash conversion is strong and accruals are not inflating reported profits.
- NEW: Off-balance sheet arrangements: Off-balance sheet arrangements appears in recent filings but not in the prior 24-month period. Monitor for materiality.
- Endogenous analysis: 3 risk signal(s) detected versus 1 positive signal(s). The balance of evidence suggests elevated filing-specific risk that warrants monitoring in subsequent filings.
- 17 new XBRL disclosure(s) in latest filing — expanding reporting scope.
- 20 disclosure(s) dropped from prior year — reduced reporting granularity.
- 3 new risk-language term(s) detected in filing text: Going concern doubt, Substantial doubt about ability to continue, Off-balance sheet arrangements.
- Ongoing high-severity risk language: Restatement of financial statements.
Revenue
$17.19B
+7.8% YoY
Operating income
$6.04B
+113.1% YoY
Net income
$2.64B
-8.6% YoY
Operating cash flow
$6.71B
+1.7% YoY
Capex
$3.59B
-1.5% YoY
Total assets
$31.60B
+3.6% YoY
Long-term debt
$8.39B
-5.6% YoY
Cash & equivalents
$1.38B
+70.7% YoY
Filing quality score
80/100
17 new disclosures
SEC XBRL metric changes (latest annual vs prior)
| Metric | Prior year | Latest year | Change | % Change |
|---|---|---|---|---|
| Revenue | $15.94B | $17.19B | $1.25B | +7.8% |
| Operating income | $2.83B | $6.04B | $3.20B | +113.1% |
| Net income | $2.89B | $2.64B | $-249.0M | -8.6% |
| Operating cash flow | $6.60B | $6.71B | $111.0M | +1.7% |
| Capex | $3.65B | $3.59B | $-53.0M | -1.5% |
| Total assets | $30.49B | $31.60B | $1.11B | +3.6% |
| Long-term debt | $8.88B | $8.39B | $-494.0M | -5.6% |
| Cash & equivalents | $811.0M | $1.38B | $573.0M | +70.7% |
| Stockholders equity | $14.50B | $15.53B | $1.03B | +7.1% |
| Inventory | $294.0M | $336.0M | $42.0M | +14.3% |
| Accounts receivable | $1.97B | $1.79B | $-180.0M | -9.1% |
| Interest expense | $401.0M | $497.0M | $96.0M | +23.9% |
XBRL disclosure changes (new vs dropped concepts)
| Type | Concepts |
|---|---|
| Added | AccruedIncomeTaxesCurrent, BusinessAcquisitionCostOfAcquiredEntityTransactionCosts, DebtInstrumentRepaidPrincipal, DerivativeAverageFloorPrice, DerivativeNonmonetaryNotionalAmountEnergyMeasure, IncreaseDecreaseInAccruedIncomeTaxesPayable, LongTermDebtAverageAmountOutstanding, RestructuringCharges, RestructuringCosts, RestructuringReserve |
| Removed | AmortizationExpensePerPhysicalUnitOfProduction, AssetImpairmentCharges, CapitalizedExploratoryWellCostAdditionsPendingDeterminationOfProvedReserves, CapitalizedExploratoryWellCostChargedToExpense1, CapitalizedExploratoryWellCosts, CashAcquiredFromAcquisition, CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves, CostsIncurredAcquisitionOfUnprovedOilAndGasProperties, CostsIncurredDevelopmentCosts, CostsIncurredExplorationCosts |
Risk language in filing text (EDGAR full-text search)
| Term | Severity | Recent | Prior | Status |
|---|---|---|---|---|
| Going concern doubt | high | 1 | 0 | NEW |
| Substantial doubt about ability to continue | high | 1 | 0 | NEW |
| Restatement of financial statements | high | 1 | 1 | Ongoing |
| Impairment charge | medium | 5 | 2 | Ongoing |
| Restructuring | medium | 5 | 3 | Ongoing |
| Off-balance sheet arrangements | medium | 5 | 0 | NEW |
| Related party transactions | low | 1 | 0 | NEW |
Filing signal breakdown
Red flags: 3
Positive: 1
Watch: 1
Red flags
Positive
Watch
Free previewFundamentals Analyst
Fundamentals
Fundamentals Analyst
score 5Stable
80% conf
Revenue grew +7.8% YoY to $17.19B. 5-year revenue CAGR +7.1%; 10y CAGR +3.9%. Net margin at 15.37% (contracting ▼).
- Revenue grew +7.8% YoY to $17.19B.
- 5-year revenue CAGR +7.1%; 10y CAGR +3.9%.
- Net margin at 15.37% (contracting ▼).
- Return on equity 17.01%, ROA 8.36%, ROIC 0.00%.
- Gross margin 0.00%, operating margin 0.00%.
- Free cash flow margin 18.15% ($3.12B).
- Net income down ▼ +8.6% YoY.
- Debt/equity 0.27, current ratio 0.72, net debt $10.44B.
- Asset turnover 0.24 — capital efficiency.
Revenue (FY)
$17.19B
YoY +7.8%
Net margin
15.37%
▼ 16.01pp
ROE
17.01%
ROA 8.36%
ROIC
0.00%
EPS (diluted)
$4.17
FY2025
Free cash flow
$3.12B
18.15% margin
Debt / equity
0.27
Cash $950.0M
Current ratio
0.72
Equity $41.75B
Annual fundamentals — up to 10 years (SEC 10-K, US-GAAP)
| FY | Revenue | Rev YoY | Gross% | Op% | Net% | FCF | ROE% |
|---|---|---|---|---|---|---|---|
| 2024 | $15.94B | +4.5% | 0.00 | 0.00 | 18.14 | $2.96B | 19.94 |
| 2025 | $17.19B | +7.8% | 0.00 | 0.00 | 15.37 | $3.12B | 17.01 |
Quarterly revenue trend (last 6 quarters, SEC 10-Q)
| Quarter end | Revenue | YoY | QoQ | Net margin |
|---|---|---|---|---|
| Sep 30, 2024 | $4.02B | +4.9% | — | 20.18% |
| Mar 31, 2025 | $4.45B | +23.8% | +10.6% | 11.10% |
| Jun 30, 2025 | $4.28B | +9.4% | -3.8% | 20.99% |
| Sep 30, 2025 | $4.33B | +7.6% | +1.1% | 15.86% |
| Mar 31, 2026 | $3.81B | -14.5% | -12.1% | 3.15% |
| Jun 30, 2026 | $7.42B | +73.1% | +94.8% | 25.77% |
Sources:SEC EDGAR — Company Facts (XBRL)
+8 more years of history, charts & full breakdown Pro
Pro analysis — preview
— score, signals & key metrics shown; full reasoning lockedValuation
Valuation Analyst
score -15Stable
95% conf
Market cap $53.01B at $48.19 per share. Trailing P/E 11.56, P/S 3.08, P/B 1.27. EV/Operating income ≈ 10.51 (EV $63.45B).
- Market cap $53.01B at $48.19 per share.
Market cap
$53.01B
1.10B shares
P/E (ttm)
11.56
P/S
3.08
P/B
1.27
EV
$63.45B
Intrinsic (DCF)
$39.70
-17.6% vs price
ProFull breakdown & reasoning locked
Price & Technicals
Technical Analyst
score 65Improving
85% conf
Price $48.19 — uptrend (above 200-DMA); 1-month momentum positive. RSI(14) 66.24.
- Price $48.19 — uptrend (above 200-DMA); 1-month momentum positive.
Price
$48.19
NYQ
RSI(14)
66.24
50-DMA
$43.72
200-DMA
$42.65
Volatility (ann.)
35.10%
52w range
$31.47–$52.71
-8.6% from high
ProFull breakdown & reasoning locked
Macro & Rates
Macro Analyst
score 30Improving
80% conf
Risk-on · Supportive. Real GDP growth 1.50% (quarterly, as of Apr 1, 2026). CPI inflation +3.3% YoY. Fed funds rate 3.63%, 10Y Treasury 4.71%.
- Market regime: Risk-on · Supportive.
GDP growth
1.50%
CPI (YoY)
+3.3%
Fed funds
3.63%
10Y yield
4.71%
10Y−2Y
0.46pp
Unemployment
4.10%
ProFull breakdown & reasoning locked
Risk Scorecard
Risk Analyst
score -18Deteriorating
83% conf
Composite risk Elevated. Leverage debt/equity 0.27 (low). Liquidity current ratio 0.72 (stretched).
- Composite risk: Elevated.
Risk level
Elevated
Debt / equity
0.27
Current ratio
0.72
Margin stdev
37.85pp
Cash / assets
1.34%
Liab / assets
—
ProFull breakdown & reasoning locked
See the full picture behind every stock
Unlock the complete 10-year fundamentals, DCF & Graham intrinsic value, 13F/13D ownership flow, risk scorecard, multi-analyst bull/bear debate — plus watchlist alerts and your research workspace. Start with a 14-day Pro trial.
3 sections free · 4 Pro previews · composite 1
Macro exposure
Cyclical / growth · High sensitivityMacro regime: Risk-on · Supportive. Devon Energy is a cyclical / growth name (high macro sensitivity) — risk appetite favors cyclical/growth names.
Macro regime
Risk-on · Supportive
Yield curve
Normal
VIX
15.84
Fed funds
3.63%
CPI YoY
+3.3%
Analytical read
deterministic previewPrice $48.19 — uptrend (above 200-DMA); 1-month momentum positive..
Risk
Elevated
Macro regime
Risk-on · Supportive
Macro exposure
Supportive
Descriptive analytics from public filings and macro data — not investment advice.
Peer comparison
Cyclical / growth groupHow DVN stacks up against tracked peers with similar macro sensitivity — by analytical score and macro exposure.
| Company | Score | Macro |
|---|---|---|
| CF Industries CF | 33 | Supportive |
| MercadoLibre Inc. MELI | 32 | Supportive |
| Booking Holdings BKNG | 32 | Supportive |
| Uber Technologies UBER | 32 | Supportive |
| Shopify Inc. SHOP | 30 | Supportive |
| Newmont Corp. NEM | 29 | Supportive |
| Alphabet Inc. GOOGL | 29 | Supportive |
| Intuit Inc. INTU | 28 | Supportive |
| Pinterest Inc. PINS | 28 | Supportive |
| Salesforce Inc. CRM | 27 | Supportive |
| Workday Inc. WDAY | 20 | Supportive |
| Microsoft Corp. MSFT | 19 | Supportive |
| Adobe Inc. ADBE | 18 | Supportive |
| NVIDIA Corp. NVDA | 17 | Supportive |
| Netflix Inc. NFLX | 17 | Supportive |
| Marvell Technology MRVL | 16 | Supportive |
| Roku Inc. ROKU | 15 | Supportive |
| Okta Inc. OKTA | 15 | Supportive |
| Comcast Corp. CMCSA | 15 | Supportive |
| Cloudflare Inc. NET | 14 | Supportive |
| Meta Platforms Inc. META | 14 | Supportive |
| T-Mobile US Inc. TMUS | 14 | Supportive |
| Datadog Inc. DDOG | 14 | Supportive |
| Amazon.com Inc. AMZN | 11 | Supportive |
| Airbnb Inc. ABNB | 10 | Supportive |
| Delta Air Lines DAL | 9 | Supportive |
| Eaton Corp. ETN | 9 | Supportive |
| Energy Transfer ET | 8 | Supportive |
| ConocoPhillips COP | 8 | Supportive |
| Spotify Technology SPOT | 8 | Supportive |
| Exxon Mobil Corp. XOM | 8 | Supportive |
| GE Aerospace GE | 7 | Supportive |
| Zscaler Inc. ZS | 7 | Supportive |
| Valero Energy VLO | 7 | Supportive |
| IBM Corp. IBM | 6 | Supportive |
| General Dynamics GD | 6 | Supportive |
| Snowflake Inc. SNOW | 6 | Supportive |
| United Airlines Holdings UAL | 5 | Supportive |
| Oracle Corp. ORCL | 5 | Supportive |
| Lam Research Corp. LRCX | 5 | Supportive |
| Qualcomm Inc. QCOM | 5 | Supportive |
| ASML Holding NV ASML | 4 | Supportive |
| Dollar General Corp. DG | 4 | Supportive |
| Boeing Co. BA | 4 | Supportive |
| Advanced Micro Devices AMD | 1 | Supportive |
| Alibaba Group BABA | 1 | Supportive |
| Ulta Beauty Inc. ULTA | 1 | Supportive |
| Devon Energy DVN● you | 1 | Supportive |
| Verizon Communications VZ | 1 | Supportive |
| Hess Corp. HES | 0 | Supportive |
| ServiceNow Inc. NOW | 0 | Supportive |
| Walt Disney Co. DIS | 0 | Supportive |
| Kinder Morgan KMI | 0 | Supportive |
| Occidental Petroleum OXY | -1 | Supportive |
| Royal Caribbean Group RCL | -1 | Supportive |
| RTX Corp. RTX | -2 | Supportive |
| General Motors Co. GM | -2 | Supportive |
| Honeywell International HON | -2 | Supportive |
| Marathon Petroleum MPC | -2 | Supportive |
| Apple Inc. AAPL | -3 | Supportive |
| Lockheed Martin LMT | -4 | Supportive |
| Cisco Systems Inc. CSCO | -4 | Supportive |
| EOG Resources EOG | -4 | Supportive |
| CrowdStrike Holdings CRWD | -5 | Supportive |
| Chipotle Mexican Grill CMG | -5 | Supportive |
| Nucor Corp. NUE | -5 | Supportive |
| Lowe's Cos. LOW | -5 | Supportive |
| Schlumberger N.V. SLB | -6 | Supportive |
| Union Pacific Corp. UNP | -6 | Supportive |
| Applied Materials Inc. AMAT | -7 | Supportive |
| Autodesk Inc. ADSK | -7 | Supportive |
| Linde plc LIN | -8 | Supportive |
| Palo Alto Networks PANW | -8 | Supportive |
| Phillips 66 PSX | -8 | Supportive |
| Sherwin-Williams SHW | -9 | Supportive |
| Old Dominion Freight ODFL | -10 | Supportive |
| TJX Cos. TJX | -10 | Supportive |
| Micron Technology MU | -10 | Supportive |
| McDonald's Corp. MCD | -10 | Supportive |
| Norfolk Southern NSC | -11 | Supportive |
| Nike Inc. NKE | -13 | Supportive |
| Freeport-McMoRan FCX | -14 | Supportive |
| Texas Instruments TXN | -14 | Supportive |
| 3M Co. MMM | -16 | Supportive |
| Broadcom Inc. AVGO | -16 | Supportive |
| Yum Brands Inc. YUM | -16 | Supportive |
| United Parcel Service UPS | -17 | Supportive |
| Air Products & Chemicals APD | -17 | Supportive |
| Dow Inc. DOW | -18 | Supportive |
| Caterpillar Inc. CAT | -18 | Supportive |
| Mosaic Co. MOS | -19 | Supportive |
| Chevron Corp. CVX | -19 | Supportive |
| Microchip Technology MCHP | -20 | Supportive |
| Intel Corp. INTC | -20 | Supportive |
| Albemarle Corp. ALB | -21 | Supportive |
| Marriott International MAR | -21 | Supportive |
| Home Depot Inc. HD | -22 | Supportive |
| CSX Corp. CSX | -24 | Supportive |
| Warner Bros Discovery WBD | -27 | Supportive |
| Starbucks Corp. SBUX | -29 | Supportive |
| Deere & Co. DE | -30 | Supportive |
| ON Semiconductor Corp. ON | -46 | Supportive |
| Tesla Inc. TSLA | -47 | Supportive |