Devon Energy Corporation (NYSE:DVN) — Market Cap & Net Worth

$28.65 Billion USD  · Rank #915

Market Cap & Net Worth: Devon Energy Corporation (DVN)

Devon Energy Corporation (NYSE:DVN) has a market capitalization of $28.65 Billion ($28.65 Billion) as of May 2, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #915 globally and #389 in its home market, demonstrating a 5.01% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Devon Energy Corporation's stock price $50.56 by its total outstanding shares 620264320 (620.26 Million). Analyse Devon Energy Corporation operating cash flow efficiency to see how efficiently the company converts income to cash.

Devon Energy Corporation Market Cap History: 2015 to 2026

Devon Energy Corporation's market capitalization history from 2015 to 2026. Data shows growth from $14.28 Billion to $31.36 Billion (4.33% CAGR).

Index Memberships

Devon Energy Corporation is a constituent of 3 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
Dow Jones Oil & Gas
DJUSEN
$2.22 Trillion 1.29% #20 of 77
S&P 500 Index
GSPC
$59.46 Trillion 0.04% #292 of 503
S&P OIL GAS EXPLOR PROD
SPSIOP
$1.81 Trillion 2.69% #12 of 53

Weight: Devon Energy Corporation's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Devon Energy Corporation Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Devon Energy Corporation's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

1.33x

Devon Energy Corporation's market cap is 1.33 times its annual revenue

Industry average: 37.61x Lower than industry average

Latest Price to Earnings (P/E) Ratio

8.60x

Devon Energy Corporation's market cap is 8.60 times its annual earnings

Industry average: 367.89x Lower than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $20.68 Billion $10.52 Billion -$3.30 Billion 1.97x N/A
2017 $18.88 Billion $8.82 Billion $898.00 Million 2.14x 21.02x
2018 $10.37 Billion $8.44 Billion $3.06 Billion 1.23x 3.38x
2019 $12.11 Billion $6.67 Billion -$357.00 Million 1.81x N/A
2020 $7.83 Billion $4.35 Billion -$2.68 Billion 1.80x N/A
2021 $23.17 Billion $13.75 Billion $2.78 Billion 1.68x 8.32x
2022 $34.95 Billion $19.83 Billion $6.01 Billion 1.76x 5.81x
2023 $27.32 Billion $15.14 Billion $3.75 Billion 1.80x 7.29x
2024 $20.30 Billion $15.57 Billion $2.89 Billion 1.30x 7.02x
2025 $22.72 Billion $17.13 Billion $2.64 Billion 1.33x 8.60x

Competitor Companies of DVN by Market Capitalization

Companies near Devon Energy Corporation in the global market cap rankings as of May 2, 2026.

Key companies related to Devon Energy Corporation by market ranking:

  • ConocoPhillips (NYSE:COP): Ranked #149 globally with a market cap of $150.15 Billion USD.
  • Canadian Natural Resources Ltd (TO:CNQ): Ranked #260 globally with a market cap of $96.26 Billion USD ( CA$133.07 Billion CAD).
  • EOG Resources Inc (NYSE:EOG): Ranked #401 globally with a market cap of $65.92 Billion USD.
  • Diamondback Energy Inc (NASDAQ:FANG): Ranked #500 globally with a market cap of $52.60 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#149 ConocoPhillips NYSE:COP $150.15 Billion $123.19
#260 Canadian Natural Resources Ltd TO:CNQ $96.26 Billion CA$63.88
#401 EOG Resources Inc NYSE:EOG $65.92 Billion $138.95
#500 Diamondback Energy Inc NASDAQ:FANG $52.60 Billion $207.65

Devon Energy Corporation Historical Marketcap From 2015 to 2026

Between 2015 and today, Devon Energy Corporation's market cap moved from $14.28 Billion to $ 31.36 Billion, with a yearly change of 4.33%.

Year Market Cap Change (%)
2026 $31.36 Billion +38.03%
2025 $22.72 Billion +11.92%
2024 $20.30 Billion -25.69%
2023 $27.32 Billion -21.83%
2022 $34.95 Billion +50.86%
2021 $23.17 Billion +195.89%
2020 $7.83 Billion -35.34%
2019 $12.11 Billion +16.81%
2018 $10.37 Billion -45.09%
2017 $18.88 Billion -8.74%
2016 $20.68 Billion +44.89%
2015 $14.28 Billion --

End of Day Market Cap According to Different Sources

On May 2nd, 2026 the market cap of Devon Energy Corporation was reported to be:

Source Market Cap
Yahoo Finance $28.65 Billion USD
MoneyControl $28.65 Billion USD
MarketWatch $28.65 Billion USD
marketcap.company $28.65 Billion USD
Reuters $28.65 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Devon Energy Corporation

NYSE:DVN USA Oil & Gas E&P
Market Cap
$31.36 Billion
Market Cap Rank
#915 Global
#389 in USA
Share Price
$50.56
Change (1 day)
-1.58%
52-Week Range
$30.26 - $52.07
All Time High
$69.35
About

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… Read more