Devon Energy stock holds after second-quarter revenue jump
Published on 08/25/2026 at 13:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Devon Energy (US25179M1036) stock traded at $48.23 on August 24, 2026, with a market value of $53.05 billion and a 1.77% daily decline. The company also reported second-quarter 2026 revenue of $6.89 billion, up 67.4% year over year.
Second-quarter snapshot
The investor page shows a previous close of $49.10, an intraday high of $49.12, and an intraday low of $47.58 for August 24, 2026. That range kept the shares 1.8% below the session high and 1.4% above the low at the quoted $48.23 level.
Devon also said on its corporate site that it reported second-quarter 2026 results on August 4, 2026 and reached final investment decision on the Solitude Pipeline System on August 17. Revenue growth of 67.4% is the clearest comparison in the recent report cycle.
What stands out
The combination of $6.89 billion in second-quarter revenue and a $53.05 billion market capitalization leaves the stock valued at 11.45 times earnings, according to the stock-information page. Devon also listed a 52-week range of $31.47 to $52.71, which places the latest quote within 8.5% of the high.
The current data point to a company that is trading with a narrow gap to its annual peak while still carrying a modest market multiple for a large U.S. producer. For investors, the more important question is whether the next operating update can extend the 67.4% revenue gain reported for the second quarter.
Solitude pipeline
The Solitude Pipeline System is Devon's latest named infrastructure project and a useful reminder that the company is still investing in takeaway and basin connectivity. The August 17 decision adds a concrete operational milestone alongside the August 4 earnings release.
Trading level
Devon Energy stock traded at $48.23 on August 24, 2026, with volume of 7,617,888 shares. The quote sat below the 52-week high of $52.71 and above the 52-week low of $31.47.
Fact box
Company: Devon Energy Corporation
ISIN: US25179M1036
Ticker: DVN
Exchange: NYSE
Price: $48.23
Price as of: August 24, 2026
Market cap: $53.05 billion
Sector / Industry: Energy / Oil & Gas Exploration & Production
Index membership: S&P 500
