NASDAQ · STOCK
Devon Energy
$45.13
52W $31.47 – $52.71
53/100
$28.05B
12.5
0.43
Is DVN Bullish or Bearish?
Mixed.
Innellis AI committee rates Devon Energy (DVN) Watch with a composite score of 53/100
, based on 7 analysts with 43% agreement.
Last updated July 31, 2026.
What Would Change This View
- Upgrade to Buy
- Requires a committee score of 60.0 — +7.37 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Reduce
- Requires the score to fall below 40.0 — -12.63 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Value Analyst sees a compelling case — price-to-book of 1.5x is a discount to asset value. Risk Analyst remains cautious — current ratio of 0.98 is tight -- limited short-term liquidity cushion. This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- Price-to-book of 1.5x is a discount to asset value — Value
- Dividend yield of 2.9% pays you to wait — Value
- Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
- MACD histogram positive -- bullish momentum — Technical
- Weekly trend (sideways) confirms the daily trend -- multi-timeframe agreement — Technical
- Market regime is bullish (Bull market -- normal position sizing) — Macro
Bear Case
- Revenue declining -1.5% YoY -- this is not a growth story right now — Growth
- EPS declining -17.9% YoY despite any revenue growth — Growth
- Current ratio of 0.98 is tight -- limited short-term liquidity cushion — Risk
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of July 31, 2026
Overall Committee Score
53/100
Agreement
43%
Analysts
7
Conviction
Contested
Sector Rank
Top 70%
of 40 Energy peers
Value Analyst
bullish
70
/ 100 · Moderate confidence
Classic value case: cheap on multiples with earnings power to back it up
+ Price-to-book of 1.5x is a discount to asset value
Growth Analyst
bearish
40
/ 100 · High confidence
Growth story is weak, decelerating, or inconsistent
+ Quarter-over-quarter growth rate is ACCELERATING, not just positive
− Revenue declining -1.5% YoY -- this is not a growth story right now
Technical Analyst
bullish
61
/ 100 · High confidence
Price action is constructive -- trend and momentum agree
+ MACD histogram positive -- bullish momentum
Risk Analyst
bearish
35
/ 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− Current ratio of 0.98 is tight -- limited short-term liquidity cushion
Macro Analyst
neutral
58
/ 100 · Moderate confidence
Macro backdrop is mixed or neutral -- not a strong tailwind or headwind either way
+ Market regime is bullish (Bull market -- normal position sizing)
News Analyst
neutral
60
/ 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager
neutral
45
/ 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 2744.14)
Investment Thesis Evolution
Committee score moved marginally from 53.4 to 52.6.
- New bearish signals: 2 appeared.
- New bullish signals: 1 appeared.
- Bearish pressure eased: 2 signal(s) disappeared.
- Analyst(s) changed stance: Macro Analyst.
Analyst-level changes:
- Macro Analyst: stance bullish->neutral; score 65->58 (-8); +1 bullish signal(s).
- Portfolio Manager: +2 bearish signal(s).
Comparing 2026-07-30 to 2026-07-31 (1 day apart).
Technical Analysis
RSI (14)
61.7
Neutral
MACD Histogram
0.194
Bullish Momentum
Trend Direction
Sideways
Weekly: Uptrend
Market Structure
Lh Ll
Support
$45.03
Resistance
$45.53
Bollinger %B
0.83
Inside Bands
Price vs Moving Averages
EMA 9
$44.17
Above
EMA 21
$43.78
Above
EMA 50
$44.12
Above
EMA 200
$42.45
Above
Fundamental Analysis
Valuation
98
Growth
67
Profitability
1
Financial Health
57
Cash Flow
36
Valuation
P/E Ratio
12.5×
P/B Ratio
1.82×
PEG Ratio
-0.69
Dividend Yield
0.02%
52W High
$52.71
52W Low
$31.47
Quality & Growth
ROE
17.0%
ROA
8.4%
Gross Margin
22.1%
Operating Margin
18.8%
Revenue Growth YoY
—
Debt / Equity
0.56
AI Fundamental Assessment
P/E ratio of 12.5 (inexpensive relative to a 15-40x range); Price-to-book of 1.8x; PEG ratio of -0.7 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 0.2%; Return on assets of 0.1%; Net margin of 0.1%; Gross margin of 0.2%; Current ratio of 1.01 (tight short-term liquidity); Debt-to-equity of 0.56; Free cash flow margin of 0.4% (thin cash generation); Free cash flow per share is positive (4.24); Most recent quarter missed estimates by 2.9%; EPS growth accelerating (-21.2% -> +26.8% QoQ); Analyst estimates rising over recent quarters
Get the Full DVN Analysis
Interactive charts · Live committee votes · Trade plan · Paper trading · AI Q&A
Open in Terminal →