Devon Energy Stock Forecast for 2022 - 2025 - 2030

Updated on 12/02/2022

Stock Rating
5
Price Target
$80.00
Consensus
Outperform
Upside
17.16%
Analysts
22
Stock Rating
5
Upside
17.16%
Analysts
22
Price Target
$80.00

Devon Energy Stock Forecast and Price Target

If Devon Energy's stock price reached the average yearlong target of $80.00 given by Twenty two well-known analysts in recent months, there would be a potential upside of approximately 17.16% from its last closing price in December, 2022. This potential increase is based on a high estimate of $103.00 and a low estimate of $46.00. If you're thinking of investing in DVN stock, it's critical to check out its competitors as well.

$80.00

17.16% Upside

Outperform
Outperform

Devon Energy Fair Value Forecast for 2022 - 2025 - 2030

In the last three years, Price for Devon Energy has grown by 196.64%, going from $19.93 to $59.13. In the coming year, analysts are expecting an increase in Fair Value, predicting it will reach $129.81 – an increase of 119.55%. Over the next nine years, experts anticipate that Fair Value growth for Devon Energy will be 96.32%.

2022 Fair Value Forecast
$129.81
2023 Fair Value Forecast
$122.28
2024 Fair Value Forecast
$110.05
2025 Fair Value Forecast
$84.42
2026 Fair Value Forecast
$104.52
2027 Fair Value Forecast
$106.70
2028 Fair Value Forecast
$110.05
2029 Fair Value Forecast
$113.23
2030 Fair Value Forecast
$116.08
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
MNOD Stock Forecast Public Joint Stock Company Min... Outperform 16
$16.72k Buy/Sell $37.84 -97.93%
XOM Stock Forecast Exxon Mobil Outperform 9
$110.80 Buy/Sell $81.06 8.30%
CVX Stock Forecast Chevron Outperform 4
$182.49 Buy/Sell $187.32 5.21%
SHEL Stock Forecast Shell Buy 16
£23.82 Buy/Sell £25.64 41.18%
BHP Stock Forecast BHP Group Outperform 16
$46.48 Buy/Sell $33.13 -39.41%

Devon Energy Revenue Forecast for 2022 - 2025 - 2030

In the last three years, Revenue for Devon Energy has grown by 55.43%, going from $8.44B to $13.12B. In the coming year, analysts are expecting an increase in Revenue, predicting it will reach $14.46B – an increase of 10.23%. In 2030, professionals predict that Devon Energy's Revenue will decrease by 1.07%, to $12.98B.

2022 Rev Forecast
$14.46B
2023 Rev Forecast
$14.04B
2024 Rev Forecast
$13.80B
2025 Rev Forecast
$12.11B
2026 Rev Forecast
$12.86B
2027 Rev Forecast
$13.28B
2028 Rev Forecast
$13.50B
2029 Rev Forecast
$13.02B
2030 Rev Forecast
$12.98B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
TTE Stock Forecast TotalEnergies Outperform 17
59.27€ Buy/Sell 57.22€ 10.66%
BP. Stock Forecast BP p.l.c. Outperform 13
£4.89 Buy/Sell £5.08 32.31%
ENB Stock Forecast Enbridge Outperform 18
C$55.01 Buy/Sell C$54.92 7.25%

Devon Energy Dividend per Share Forecast for 2022 - 2025 - 2030

Devon Energy's Dividend per Share has grown in the last three years, jumping from $0.30 to $1.97 – an increase of 556.67%. According to 6 major analysts, Devon Energy's Dividend per Share will fall by 36.55% in the next year, reaching $1.25. For the next nine years, the forecast is for Dividend per Share to grow by 41.23%.

2022 DPS Forecast
$1.25
2023 DPS Forecast
$0.96
2024 DPS Forecast
$1.21
2025 DPS Forecast
$4.38
2026 DPS Forecast
$1.96
2027 DPS Forecast
$2.16
2028 DPS Forecast
$2.46
2029 DPS Forecast
$3.30
2030 DPS Forecast
$2.78
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
EOG Stock Forecast EOG Resources Outperform 10
$140.54 Buy/Sell $147.20 11.71%
VALE3 Stock Forecast Vale Outperform 16
R$86.18 Buy/Sell R$25.58 -79.55%
CNQ Stock Forecast Canadian Natural Resources Outperform 18
C$80.34 Buy/Sell C$62.88 16.38%

Devon Energy Free Cash Flow Forecast for 2022 - 2025 - 2030

In the last three years, Devon Energy's Free Cash Flow has grown, increasing from $533.00M to $2.89B – an increase of 442.59%. For next year, the 11 analysts predict Free Cash Flow of $5.89B, which would mean an increase of 103.65%. Over the next nine years, the pros' prediction is Free Cash Flowof $3.52B, which would mean a nine-year growth forecast of 21.85%.

2022 FCF Forecast
$5.89B
2023 FCF Forecast
$5.35B
2024 FCF Forecast
$4.97B
2025 FCF Forecast
$4.65B
2026 FCF Forecast
$4.58B
2027 FCF Forecast
$4.36B
2028 FCF Forecast
$3.42B
2029 FCF Forecast
$3.47B
2030 FCF Forecast
$3.52B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
OXY Stock Forecast Occidental Petroleum Hold 8
$68.80 Buy/Sell $74.38 9.01%
PXD Stock Forecast Pioneer Natural Resources Outperform 7
$239.07 Buy/Sell $284.24 18.38%
VLO Stock Forecast Valero Energy Outperform 10
$132.03 Buy/Sell $89.35 10.58%

Devon Energy Net Income Forecast for 2022 - 2025 - 2030

In the last three years, Devon Energy's Net Income has gone down from $3.06B to $2.81B – a 8.19% drop. In the next year, analysts are expecting an increase in Net Income, predicting it will reach $5.23B – an increase of 85.84%. The Devon Energy forecast is for Net Income to reach $3.78B or grow by 34.20%.

2022 NI Forecast
$5.23B
2023 NI Forecast
$4.80B
2024 NI Forecast
$4.07B
2025 NI Forecast
$3.01B
2026 NI Forecast
$3.54B
2027 NI Forecast
$3.71B
2028 NI Forecast
$3.73B
2029 NI Forecast
$3.76B
2030 NI Forecast
$3.78B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
ENI Stock Forecast Eni S.p.A. Outperform 16
14.09€ Buy/Sell 12.09€ 24.20%
AAL Stock Forecast Anglo American Outperform 18
£33.02 Buy/Sell £49.79 22.74%
SCCO Stock Forecast Southern Copper Underperform 18
$61.46 Buy/Sell $62.37 -21.90%

Devon Energy EBITDA Forecast for 2022 - 2025 - 2030

Devon Energy's EBITDA has increased by 93.36% In the last three years, going from $2.85B to $5.51B. In the next year, analysts expect EBITDA to reach $8.85B – an increase of 60.78%. For the next nine years, the forecast is for EBITDA to grow by 36.08%.

2022 EBITDA Forecast
$8.85B
2023 EBITDA Forecast
$8.63B
2024 EBITDA Forecast
$7.84B
2025 EBITDA Forecast
$6.64B
2026 EBITDA Forecast
$7.11B
2027 EBITDA Forecast
$8.24B
2028 EBITDA Forecast
$8.18B
2029 EBITDA Forecast
$7.65B
2030 EBITDA Forecast
$7.49B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
WDS Stock Forecast Woodside Energy Group Ltd Outperform 15
$36.65 Buy/Sell $19.67 -29.60%
TRP Stock Forecast TC Energy Outperform 17
C$58.78 Buy/Sell C$68.70 24.19%
HES Stock Forecast Hess Outperform 14
$143.37 Buy/Sell $135.45 4.62%

Devon Energy EBIT Forecast for 2022 - 2025 - 2030

In the last three years, Devon Energy's EBIT has grown, increasing from $1.39B to $3.32B – a growth of 138.63%. The next year looks promising for Devon Energy, with analysts predicting EBIT of $7.22B – an increase of 117.73%. Over the next nine years, experts anticipate that Devon Energy's EBIT will grow at a rate of 46.88%.

2022 EBIT Forecast
$7.22B
2023 EBIT Forecast
$6.56B
2024 EBIT Forecast
$5.67B
2025 EBIT Forecast
$3.65B
2026 EBIT Forecast
$4.83B
2027 EBIT Forecast
$4.85B
2028 EBIT Forecast
$4.86B
2029 EBIT Forecast
$4.87B
2030 EBIT Forecast
$4.87B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
SU Stock Forecast Suncor Energy Outperform 13
C$43.17 Buy/Sell C$36.74 22.77%
KMI Stock Forecast Kinder Morgan Hold 12
$19.15 Buy/Sell $19.82 -0.78%
FMG Stock Forecast Fortescue Metals Group Underperform 16
$19.96 Buy/Sell $15.01 -50.70%

Devon Energy EPS Price Prediction Forecast for 2022 - 2025 - 2030

In the last three years, EPS for Devon Energy has grown by 196.64%, going from $1.19 to $3.53. In the coming year, analysts are expecting an increase in EPS, predicting it will reach $7.75 – an increase of 119.55%. Over the next nine years, experts anticipate that EPS growth for Devon Energy will be 96.32%.

2022 EPS Forecast
$7.75
2023 EPS Forecast
$7.30
2024 EPS Forecast
$6.57
2025 EPS Forecast
$5.04
2026 EPS Forecast
$6.24
2027 EPS Forecast
$6.37
2028 EPS Forecast
$6.57
2029 EPS Forecast
$6.76
2030 EPS Forecast
$6.93
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
CVE Stock Forecast Cenovus Energy Outperform 14
C$26.39 Buy/Sell C$16.08 25.05%
IMO Stock Forecast Imperial Oil Hold 14
C$75.69 Buy/Sell C$43.18 -6.20%
OKE Stock Forecast ONEOK Hold 16
$67.20 Buy/Sell $68.56 0.45%