Devon Energy Stock Falls 1.16% While Broader Market Gains

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

Devon Energy shares closed at $42.66, down 1.16% from the previous session, underperforming the S&P 500 which rose 0.21%. The oil and gas exploration company is scheduled to report earnings on August 4, 2026, with analysts forecasting earnings per share of $1.3, a 54.76% increase from the same quarter last year, and revenue of $6.3 billion, up 47.02%. For the full year, the Zacks Consensus Estimates project earnings of $4.64 per share and revenue of $24.28 billion, representing year-over-year growth of 18.37% and 41.25%, respectively. Devon Energy currently holds a Zacks Rank of 3, or Hold, and trades at a forward price-to-earnings ratio of 9.31, a discount to the industry average of 9.84.

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