DVN Devon Energy Corporation Common Stock
NYSE · Energy · View on SEC EDGAR ↗ close Oct 6, 2026 10-K/10-Q Aug 5, 2026DVN Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
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| Ex-date | Split | Type |
|---|---|---|
| Nov. 16, 2004 | 2-for-1 | Forward |
About Devon Energy Corporation Common Stock Company overview from Wikipedia
Devon Energy Corporation is an American company engaged in hydrocarbon exploration. It is organized in Delaware with headquarters in Houston, Texas. Its operations are in the Delaware Basin, Eagle Ford Group, and the Rocky Mountains (Williston Basin and Powder River Basin).
The company was ranked 259th on the Fortune 500 in 2026, while Coterra Energy, newly acquired that May, was ranked 496th. It is also ranked 607th on the Forbes Global 2000.
As of December 31, 2025, the company had proved reserves of 2,428 million barrels of oil equivalent (1.485×1010 GJ), of which 40% was petroleum, 30% was natural gas liquids, and 30% was natural gas.
History
Devon was founded in 1971 by John Nichols (1914-2008) and his son, J. Larry Nichols. In 1988, the company became a public company via an initial public offering.
In October 2012, the company completed construction of its current headquarters, the 50-story Devon Energy Center in Oklahoma City, Oklahoma and closed its office in the Allen Center in Downtown Houston.
In February 2016, Devon announced plans to lay off 1,000 employees, including 700 in Oklahoma City, and cut its quarterly dividend to $0.06 per share due to low prices of its products. In 2021, it instituted a fixed plus variable dividend structure that resulted in a record high dividend.
In November 2019, a blowout at a Devon natural gas well prompted authorities to seal off thousands of acres of land near the Eagle Ford Shale towns of Yorktown, Texas and Nordheim, Texas until the well was capped. It took 35 hours to get the issue under control. The company paid $48,750 in fines for the incident.
In September 2021, the company agreed to pay $6.15 million to resolve allegations that it violated the False Claims Act of 1863 by underpaying and underreporting royalties for natural gas from federal lands in Wyoming and New Mexico.
Met with pressure to enhance performance and consider asset sales by Kimmeridge Energy Management, which had gained a stake in late 2025; in 2026, a second activist investor, Toms Capital Investment Management, acquired a significant stake in the company, while advocating for faster asset sales.
Acquisitions
Divestitures
CEOs
J. Larry Nichols (1980-2010)
John Richels (2010-2015)
Dave Hager (2015-2021)
Rick Muncrief (2021-2025)
Clay Gaspar (2025-)
Political activity
Devon has contributed millions of dollars to politicians and political organizations, almost entirely to organizations and individuals affiliated with the Republican Party.
After agreeing with the Obama administration to install systems to control the illegal emission of hazardous chemicals, Devon backed out of such agreements during the first presidency of Donald Trump due to rollbacks of environmental regulations.
In 2014, an investigation by The New York Times uncovered that a three-page letter signed by Scott Pruitt, then the Attorney General of Oklahoma, to the United States Environmental Protection Agency advocating for a relaxing of laws related to hydraulic fracturing was actually written by lobbyists for Devon Energy and not by Pruitt.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | DVN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | 11.4 | · | 12.1 | Undervalued | |
| Price / Tangible Book | 1.6 | · | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | DVN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Pretax Margin (TTM) | 21.4% | · | 35.2% | In line | |
| Net Profit Margin (TTM) | 16.7% | · | 28.4% | In line | |
| ROA (TTM) | 6.4% | · | 6.4% | Top tier | |
| ROE (TTM) | 11.5% | · | 11.9% | Top tier |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | DVN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 0.3 | · | 0.3 | In line | |
| Current Ratio (MRQ) | 0.7 | · | 1.0 | Low liquidity | |
| Long-Term Debt / Equity (MRQ) | 0.2 | · | 0.2 | Low debt |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | DVN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 7.8% | · | · | · | |
| Revenue CAGR 3Y | -3.6% | · | · | · | |
| Revenue CAGR 5Y | 28.9% | · | · | · | |
| EPS YoY | -8.6% | · | · | · | |
| Net Income YoY | -8.7% | · | · | · | |
| EPS CAGR 3Y | -23.0% | · | · | · | |
| Net Income CAGR 3Y | -24.1% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | DVN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue / Employee | ≈$7.8M | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Sep 15, 2026 | $0.32 | USD | ≈2.2% |
| Jun 15, 2026 | $0.32 | USD | ≈2.4% |
| Mar 13, 2026 | $0.24 | USD | ≈2.1% |
| Dec 15, 2025 | $0.24 | USD | ≈2.7% |
| Sep 15, 2025 | $0.24 | USD | ≈2.8% |
| Jun 13, 2025 | $0.24 | USD | ≈3.2% |
| Mar 14, 2025 | $0.24 | USD | ≈3.6% |
| Dec 13, 2024 | $0.22 | USD | ≈4.3% |
| Sep 13, 2024 | $0.44 | USD | ≈5.1% |
| Jun 14, 2024 | $0.35 | USD | ≈4.5% |
| Mar 14, 2024 | $0.44 | USD | ≈5.1% |
| Dec 14, 2023 | $0.77 | USD | ≈6.4% |
| Sep 14, 2023 | $0.49 | USD | ≈6.8% |
| Jun 14, 2023 | $0.72 | USD | ≈9.2% |
| Mar 14, 2023 | $0.89 | USD | ≈10.3% |
| Dec 9, 2022 | $1.35 | USD | ≈8.7% |
| Sep 9, 2022 | $1.55 | USD | ≈7.5% |
| Jun 10, 2022 | $1.27 | USD | ≈5.3% |
| Mar 11, 2022 | $1.00 | USD | ≈5.1% |
| Dec 9, 2021 | $0.84 | USD | ≈4.9% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Aug 3, 2026 | $1.57 | $1.41 | 11.6% |
| March 31, 2026 | $1.04 | $1.07 | -2.9% | |
| Dec. 31, 2025 | $0.82 | $0.82 | 0.01% | |
| Sept. 30, 2025 | $1.04 | $0.94 | 11.2% | |
| June 30, 2025 | $0.84 | $0.86 | -2.1% | |
| March 31, 2025 | $1.21 | $1.26 | -4.3% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.19B | $15.94B | $15.26B | $19.17B | $12.21B | $4.83B | $6.22B | $8.90B | $6.50B | $6.75B | $13.14B | $20.64B | |
| Cost of Revenue | · | · | · | · | · | · | $2.81B | $4.32B | $3.56B | $2.82B | · | · | |
| SG&A Expense | $492M | $500M | $408M | $395M | $391M | $338M | $475M | $574M | $645M | $733M | $1.19B | $847M | |
| Operating Expenses | $14.51B | $13.00B | $11.48B | $13.13B | · | · | · | · | · | $15.09B | $33.87B | $15.94B | |
| Operating Income | · | · | · | · | · | · | · | · | · | $-2.90B | $-20.73B | $4.70B | |
| Interest Expense | · | · | · | · | · | · | · | · | · | · | · | $536M | |
| Interest Income | · | · | · | · | · | · | · | · | · | · | $6M | $10M | |
| Other Non-op | · | · | · | · | · | · | · | · | · | $-78M | $-24M | $-113M | |
| Pretax Income | $3.47B | $3.71B | $4.62B | $7.78B | $2.90B | $-3.09B | $-109M | $944M | $40M | $-433M | $-19.86B | $4.06B | |
| Income Tax | $785M | $770M | $841M | $1.74B | $65M | $-547M | $-30M | $230M | $7M | $141M | $-6.21B | $2.37B | |
| Net Income | $2.64B | $2.89B | $3.74B | $6.03B | $2.81B | $-2.68B | $-355M | $3.06B | $898M | $-1.06B | $-12.90B | $1.61B | |
| EPS (Basic) | $4.18 | $4.58 | $5.86 | $9.15 | $4.20 | $-7.12 | $-0.89 | $6.14 | $1.71 | $-2.09 | $-31.72 | $3.93 | |
| EPS (Diluted) | $4.17 | $4.56 | $5.84 | $9.12 | $4.19 | $-7.12 | $-0.89 | $6.10 | $1.70 | $-2.09 | $-31.72 | $3.91 | |
| Shares (Basic) | 632,000,000 | 632,000,000 | 639,000,000 | 651,000,000 | 663,000,000 | 377,000,000 | 401,000,000 | 494,000,000 | 520,000,000 | 507,000,000 | 407,000,000 | 405,000,000 | |
| Shares (Diluted) | 633,000,000 | 634,000,000 | 642,000,000 | 653,000,000 | 665,000,000 | 377,000,000 | 401,000,000 | 497,000,000 | 520,000,000 | 507,000,000 | 407,000,000 | 407,000,000 | |
| EBITDA | · | $3.25B | $2.55B | $2.22B | $2.16B | $1.30B | $1.50B | $1.66B | $2.07B | $-1.10B | $-17.60B | $8.02B |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.38B | $811M | $853M | $1.31B | $2.10B | $2.05B | $1.46B | $2.41B | $2.64B | $1.95B | $2.31B | $1.48B | |
| Receivables | $1.79B | $1.97B | $1.57B | $1.77B | $1.54B | $601M | $832M | $812M | $989M | $1.36B | $1.10B | $1.96B | |
| Inventory | $336M | $294M | $249M | $201M | $114M | · | · | · | · | · | · | · | |
| Other Current Assets | $444M | $315M | $460M | $469M | $321M | $248M | $232M | $880M | $400M | $264M | $606M | $544M | |
| Current Assets | $4.01B | $3.43B | $3.16B | $3.89B | $4.25B | $3.26B | $3.85B | $4.44B | $4.79B | $3.77B | $4.02B | $6.50B | |
| PP&E (Net) | $25.42B | $25.01B | $19.33B | $18.11B | $15.01B | $5.39B | $8.59B | $8.46B | $14.58B | $14.28B | $20.99B | $36.30B | |
| PP&E (Gross) | · | · | · | · | · | · | · | · | · | $89.54B | $91.15B | $88.19B | |
| Accum. Depreciation | · | · | · | · | · | · | · | · | · | $73.35B | $72.09B | $51.89B | |
| Goodwill | $753M | $753M | $753M | $753M | $753M | $753M | $753M | $753M | $841M | $2.38B | $3.34B | $6.30B | |
| Intangibles | · | · | · | · | · | · | · | · | $1.50B | $1.62B | $690M | $533M | |
| Other Non-current Assets | $395M | $268M | $319M | $307M | $378M | $271M | $196M | $276M | $296M | $1.99B | $1.33B | $1.54B | |
| Total Assets | $31.60B | $30.49B | $24.49B | $23.27B | $21.02B | $9.91B | $13.72B | $19.57B | $30.24B | $28.68B | $29.67B | $50.57B | |
| Short-term Debt | $998M | $485M | $483M | $251M | $0 | $0 | $0 | $0 | $0 | $0 | $626M | $932M | |
| Current Liabilities | $4.09B | $3.31B | $2.95B | $3.10B | $3.09B | $1.44B | $1.93B | $2.23B | $3.31B | $2.62B | $3.29B | $5.93B | |
| Capital Leases | $181M | $27M | $9M | $8M | $5M | $2M | $4M | · | · | · | · | · | |
| Deferred Tax | · | · | · | · | · | · | $341M | $529M | $489M | $1.06B | $883M | $6.81B | |
| Other Non-current Liabilities | $907M | $840M | $876M | $900M | $1.05B | $551M | $426M | $411M | $549M | $894M | $853M | $948M | |
| Long-term Debt | $8.39B | $8.88B | $6.16B | $6.44B | $6.48B | $4.30B | · | · | · | · | · | · | |
| Total Debt | · | $9.37B | $6.64B | $6.69B | $6.48B | $4.30B | $4.29B | $5.79B | $10.29B | $10.15B | $12.76B | $10.76B | |
| Common Stock | $62M | $65M | $64M | $65M | $66M | $38M | $38M | $45M | $53M | $52M | $42M | $41M | |
| Paid-in Capital | $5.39B | $6.39B | $5.94B | $6.92B | $7.64B | $2.77B | $2.73B | $4.49B | $7.33B | $7.24B | $5.00B | $4.09B | |
| Retained Earnings | $10.20B | $8.17B | $6.20B | $4.30B | $1.69B | $208M | $3.15B | $3.65B | $702M | $-69M | $1.78B | $16.63B | |
| Treasury Stock | $0 | $0 | $13M | $0 | $0 | · | · | $22M | · | · | · | · | |
| AOCI | $-122M | $-122M | $-124M | $-116M | $-132M | $-127M | $-119M | $1.03B | $1.17B | $1.05B | $1.02B | $779M | |
| Stockholders' Equity | $15.53B | $14.50B | $12.06B | $11.17B | $9.26B | $2.88B | $5.80B | $9.19B | $9.25B | $8.27B | $7.05B | $21.54B | |
| Liabilities + Equity | $31.60B | $30.49B | $24.49B | $23.72B | $21.02B | $9.91B | $13.72B | $19.57B | $30.24B | $28.68B | $29.45B | $50.64B | |
| Shares Outstanding | · | 651,000,000 | 636,000,000 | 653,000,000 | 663,000,000 | 382 | 382,000,000 | 450,000,000 | 525,000,000 | 523,000,000 | 418,000,000 | 409,000,000 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $3.60B | $3.25B | $2.55B | $2.22B | $2.16B | $1.30B | $1.50B | $1.23B | $1.01B | $1.59B | $4.02B | $3.32B | |
| Stock-based Comp | $99M | $99M | $93M | $88M | $99M | $88M | $115M | $137M | $126M | $203M | $244M | $163M | |
| Deferred Tax | $484M | $311M | $376M | $1.18B | $49M | $-328M | $-25M | $247M | $-2M | $43M | $-5.98B | $1.89B | |
| Restructuring | · | · | $0 | $0 | $258M | $49M | $84M | $97M | · | $261M | $78M | $46M | |
| Other Non-cash | · | $-173M | $-370M | $-1.20B | $-336M | $2.99B | $729M | $-3.02B | $54M | $3.33B | $22.23B | $-786M | |
| Operating Cash Flow | $6.71B | $6.60B | $6.54B | $8.53B | $4.90B | $1.46B | $2.04B | $1.58B | $1.24B | $834M | $4.90B | $6.02B | |
| CapEx | $3.59B | $3.65B | $3.88B | $2.54B | $1.99B | $1.15B | $1.91B | $2.12B | $44M | $849M | $1.11B | $6.46B | |
| Investing Cash Flow | $-3.39B | $-7.33B | $-3.94B | $-5.12B | $-1.57B | · | · | · | $-2.21B | $-594M | $-5.80B | $-8.18B | |
| Debt Issued | $0 | $3.22B | $0 | $0 | · | · | · | · | · | · | · | · | |
| Net Debt Issued | · | $2.75B | $-242M | $0 | $-1.24B | · | $-162M | $-922M | $-2.12B | $-4.41B | $-2.63B | $-7.19B | |
| Stock Issued | · | · | · | · | · | · | · | · | · | $1.47B | · | · | |
| Stock Repurchased | $1.05B | $1.06B | $979M | $718M | $589M | $38M | $1.85B | $2.96B | · | · | · | · | |
| Net Stock Activity | · | $-1.06B | $-979M | $-718M | $-589M | $-38M | $-1.85B | $-2.96B | · | $1.47B | · | · | |
| Dividends Paid | $319M | $937M | $1.86B | $3.38B | $1.31B | $257M | $140M | · | · | · | · | · | |
| Financing Cash Flow | $-2.73B | $706M | $-3.18B | $-4.21B | $-3.29B | · | · | · | $9M | $-1.20B | $1.81B | · | |
| Net Change in Cash | $588M | $-29M | $-579M | $-817M | $34M | $393M | $-602M | $-238M | $725M | $-351M | $830M | $-4.59B | |
| Taxes Paid | $186M | $480M | $400M | $438M | $-116M | $171M | $6M | $40M | $78M | $-159M | $-279M | $899M | |
| Free Cash Flow | · | $2.96B | $2.66B | $5.99B | $2.91B | $311M | $2.01B | $2.17B | $2.86B | $105M | $4.28B | $-481M | |
| Levered FCF | · | · | · | · | · | · | · | · | · | · | · | $-704M |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | · | · | · | · | · | · | · | · | · | -23.7% | -157.7% | 24.0% | |
| Net Margin | · | 18.1% | 24.6% | 31.4% | 23.1% | -55.5% | -5.7% | 28.5% | 6.4% | -27.1% | -110.0% | 8.2% | |
| Pretax Margin | · | 23.3% | 30.3% | 40.6% | · | -64.0% | -1.8% | 8.6% | 6.4% | -31.8% | -161.8% | 20.8% | |
| EBITDA Margin | · | 20.4% | 16.7% | 11.6% | 17.7% | 26.9% | 24.1% | 15.4% | 14.9% | -9.0% | -133.9% | 41.0% | |
| ROA | · | 9.5% | 15.7% | 26.9% | 18.2% | -22.7% | -2.1% | 12.3% | 3.0% | -12.5% | -45.3% | 3.2% | |
| ROE | · | 21.8% | 32.3% | 58.9% | 46.3% | -61.7% | -4.7% | 33.2% | 10.2% | -50.9% | -101.1% | 7.6% | |
| ROIC | · | · | · | · | · | · | · | · | · | -17.2% | -74.8% | 6.1% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | · | 1.0 | 1.1 | 1.3 | 1.4 | 2.3 | 2.0 | 2.0 | 1.4 | 1.4 | 1.2 | 1.1 | |
| Quick Ratio | · | 0.8 | 0.8 | 1.0 | 1.2 | 1.8 | 1.2 | 1.5 | 1.3 | 1.3 | 1.0 | 0.6 | |
| Debt / Equity | · | 0.6 | 0.6 | 0.6 | 0.7 | 1.5 | 0.7 | 0.6 | 1.1 | 1.7 | 1.8 | 0.5 | |
| LT Debt / Equity | · | 0.6 | 0.5 | 0.6 | 0.7 | 1.5 | 0.7 | 0.6 | 1.1 | 1.7 | 1.7 | 0.5 | |
| Interest Coverage | · | · | · | · | · | · | · | · | · | · | · | 8.8 |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | · | 0.5 | 0.6 | 0.9 | 0.8 | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 | 0.4 | 0.4 | |
| Receivables Turnover | · | 9.0 | 9.1 | 11.6 | 11.4 | 6.7 | 7.6 | 11.5 | 9.2 | 9.9 | 8.6 | 11.2 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | · | $22.27 | $18963836.48 | $17.10 | $13.97 | $7.55 | $15.19 | $20.41 | $17.63 | $11.33 | $16.86 | $52.66 | |
| Revenue / Share | · | $25.14 | $23.77 | $29.36 | $18.35 | $12.81 | $15.51 | $21.60 | $26.67 | $24.06 | $32.30 | $48.07 | |
| Cash Flow / Share | · | $10.41 | $10.19 | $13.06 | $7.37 | $3.88 | $5.09 | $4.48 | $5.56 | $3.44 | $13.23 | $14.70 | |
| Cash / Share | · | $1.25 | $1341194.97 | $2.01 | $3.17 | $5.36 | $3.83 | $5.36 | $5.09 | $3.75 | $5.53 | $3.62 | |
| EPS (TTM) | $4.17 | $4.56 | $5.84 | $9.12 | $4.19 | $-7.12 | $-0.89 | $6.10 | $1.70 | $-2.09 | $-31.72 | $3.91 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 7.8% | 4.5% | -20.4% | 57.0% | 152.8% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | -3.6% | 9.3% | 46.8% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 28.9% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | -8.6% | -21.9% | -36.0% | 117.7% | · | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | -23.0% | 2.9% | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | -8.7% | -22.6% | -38.0% | 114.4% | · | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | -24.1% | 0.94% | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $17.19B | $15.94B | $15.26B | $19.17B | $12.21B | $4.83B | $6.22B | $8.90B | $6.50B | $6.75B | $13.14B | $20.64B | |
| Net Income TTM | $2.64B | $2.89B | $3.74B | $6.03B | $2.81B | $-2.68B | $-355M | $3.06B | $898M | $-1.06B | $-12.90B | $1.61B | |
| Market Cap | · | $21.31B | $28.8K | $40.17B | $29.21B | $6.04B | $9.92B | $10.14B | $21.73B | $23.89B | $13.38B | $25.03B | |
| Enterprise Value | · | $29.86B | $5.79B | $45.54B | $33.59B | $8.29B | $12.75B | $13.51B | $29.35B | $32.08B | $23.83B | $34.32B | |
| P/E | 8.8 | 7.2 | 7.8 | 6.7 | 10.5 | -2.2 | -29.2 | 3.7 | 24.4 | -21.9 | -1.0 | 15.7 | |
| P/S | · | 1.3 | 0.0 | 2.1 | 2.4 | 1.3 | 1.6 | 1.1 | 3.3 | 3.5 | 1.0 | 1.2 | |
| P/B | · | 1.5 | 0.0 | 3.6 | 3.2 | 2.1 | 1.7 | 1.1 | 2.3 | 4.0 | 1.9 | 1.2 | |
| P / Tangible Book | · | 1.6 | 0.0 | 3.9 | 3.4 | 2.8 | · | · | · | · | · | · | |
| P / Cash Flow | · | 3.2 | 0.0 | 4.7 | 6.0 | 4.1 | 4.9 | 4.6 | 7.5 | 13.7 | 2.5 | 4.2 | |
| P / FCF | · | 7.2 | 0.0 | 6.7 | 10.0 | 19.4 | 4.9 | 4.7 | 7.6 | 227.5 | 3.1 | -52.0 | |
| EV / EBITDA | · | 9.2 | 2.3 | 20.5 | 15.6 | 6.4 | 8.5 | 8.2 | 14.2 | -29.1 | -1.4 | 4.3 | |
| EV / FCF | · | 10.1 | 2.2 | 7.6 | 11.5 | 26.7 | 6.3 | 6.2 | 10.3 | 305.5 | 5.6 | -71.3 | |
| EV / Revenue | · | 1.9 | 0.4 | 2.4 | 2.8 | 1.7 | 2.0 | 1.5 | 4.5 | 4.8 | 1.8 | 1.7 | |
| Dividend Yield | · | 4.4% | 6448970.5% | 8.4% | 4.5% | 4.3% | 1.4% | · | · | · | · | · | |
| Earnings Yield | 11.4% | 13.9% | 12.9% | 14.8% | 9.5% | -45.0% | -3.4% | 27.1% | 4.1% | -4.6% | -99.1% | 6.4% | |
| Payout Ratio | · | 32.4% | 49.6% | 56.2% | 46.8% | · | · | · | · | · | · | · | |
| Annual Payout | $937M | $937M | $1.86B | $3.38B | $1.31B | $257M | $140M | · | · | · | · | · |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.42B | $3.81B | $4.12B | $4.33B | $4.28B | $4.45B | $4.02B | $3.92B | $3.60B | $3.84B | $3.45B | $3.82B | $5.43B | $5.63B | $3.81B | $4.27B | |
| SG&A Expense | $175M | $125M | $135M | $114M | $113M | $130M | $117M | $114M | $114M | $99M | $92M | $106M | $95M | $84M | $94M | $95M | |
| Operating Expenses | $5.51B | $3.69B | $3.56B | $3.64B | $3.37B | $3.94B | $3.20B | $3.06B | $2.99B | · | · | · | · | · | · | · | |
| Pretax Income | $2.38B | $166M | $747M | $912M | $1.16B | $646M | $1.06B | $1.04B | $768M | $1.07B | $897M | $1.22B | $2.46B | $2.50B | $1.26B | $1.66B | |
| Income Tax | $473M | $46M | $185M | $219M | $244M | $137M | $239M | $185M | $159M | $152M | $199M | $221M | $565M | $557M | $267M | $150M | |
| Net Income | $1.91B | $120M | $562M | $687M | $899M | $494M | $812M | $844M | $596M | $910M | $690M | $995M | $1.89B | $1.93B | $989M | $1.51B | |
| EPS (Basic) | $2.04 | $0.19 | $0.90 | $1.09 | $1.42 | $0.77 | $1.31 | $1.35 | $0.95 | $1.43 | $1.08 | $1.53 | $2.89 | $2.94 | $1.48 | $2.25 | |
| EPS (Diluted) | $2.03 | $0.19 | $0.90 | $1.09 | $1.41 | $0.77 | $1.30 | $1.34 | $0.94 | $1.42 | $1.07 | $1.53 | $2.88 | $2.93 | $1.48 | $2.25 | |
| Shares (Basic) | 937,000,000 | 616,000,000 | · | 628,000,000 | 635,000,000 | 643,000,000 | 622,000,000 | 626,000,000 | 629,000,000 | 637,000,000 | 638,000,000 | 645,000,000 | 649,000,000 | 652,000,000 | 656,000,000 | · | |
| Shares (Diluted) | 940,000,000 | 618,000,000 | · | 629,000,000 | 636,000,000 | 645,000,000 | 623,000,000 | 628,000,000 | 632,000,000 | 639,000,000 | 639,000,000 | 647,000,000 | 651,000,000 | 654,000,000 | 658,000,000 | · | |
| EBITDA | $1.42B | $904M | · | $879M | $914M | $912M | $794M | $768M | $722M | $651M | $638M | $615M | $581M | $528M | $489M | · |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $950M | $1.76B | $1.38B | $1.23B | $1.71B | $1.20B | $645M | $1.14B | $1.13B | $654M | $372M | $761M | $1.17B | $3.30B | $2.46B | $2.10B | |
| Receivables | $3.16B | $2.25B | $1.79B | $1.83B | $1.85B | $2.04B | $1.78B | $1.59B | $1.67B | $1.85B | $1.52B | $1.61B | $2.06B | $2.35B | $2.00B | · | |
| Inventory | $356M | $319M | $336M | $361M | $327M | $332M | $293M | $258M | $234M | $233M | $201M | $212M | · | · | · | · | |
| Other Current Assets | $522M | $378M | $444M | $393M | $384M | $303M | $484M | $343M | $345M | $365M | $397M | $475M | $638M | $546M | $346M | · | |
| Current Assets | $5.05B | $4.76B | $4.01B | $3.87B | $4.32B | $3.90B | $3.23B | $3.36B | $3.40B | $3.21B | $2.60B | $3.19B | $4.01B | $6.35B | $4.97B | · | |
| PP&E (Net) | $63.10B | $25.60B | $25.42B | $25.29B | $25.11B | $25.08B | $24.95B | $19.79B | $19.58B | $19.03B | $18.76B | $18.52B | $17.79B | $15.11B | $15.07B | · | |
| Goodwill | $753M | $753M | $753M | $753M | $753M | $753M | $753M | $753M | $753M | $753M | $753M | $753M | $753M | $753M | $753M | · | |
| Other Non-current Assets | $492M | $403M | $395M | $386M | $374M | $348M | $293M | $264M | $254M | $313M | $293M | $275M | $339M | $318M | $333M | · | |
| Total Assets | $70.89B | $32.54B | $31.60B | $31.22B | $31.39B | $30.93B | $30.26B | $25.16B | $24.98B | $24.24B | $23.36B | $23.42B | $23.56B | $23.19B | $21.78B | · | |
| Short-term Debt | $1.50B | $999M | $998M | $998M | $485M | $485M | $0 | $475M | $479M | $487M | $244M | $247M | $255M | · | · | · | |
| Current Liabilities | $7.04B | $4.73B | $4.09B | $4.04B | $3.54B | $3.62B | $2.91B | $3.02B | $3.27B | $3.33B | $2.67B | $2.93B | $3.46B | $4.09B | $3.75B | · | |
| Capital Leases | $326M | $185M | $181M | $146M | $100M | $63M | $30M | $30M | $16M | $3M | $4M | $6M | $10M | $11M | $4M | · | |
| Other Non-current Liabilities | $1.04B | $940M | $907M | $962M | $1.01B | $1.04B | $820M | $829M | $841M | $850M | $858M | $866M | $941M | $949M | $974M | · | |
| Long-term Debt | $11.39B | $8.39B | $8.39B | $8.39B | $8.88B | $8.88B | $8.88B | $6.14B | $6.15B | $6.16B | $6.41B | $6.42B | $6.45B | · | · | · | |
| Total Debt | $12.88B | $9.38B | · | $9.39B | $9.36B | $9.37B | $8.88B | $6.62B | $6.63B | $6.65B | $6.66B | $6.67B | $6.71B | $6.46B | $6.47B | · | |
| Common Stock | $115M | $62M | $62M | $63M | $64M | $64M | $66M | $63M | $63M | $64M | $64M | $64M | $65M | $66M | $66M | · | |
| Paid-in Capital | $30.05B | $5.32B | $5.39B | $5.62B | $5.86B | $6.10B | $6.66B | $5.48B | $5.72B | $6.15B | $6.13B | $6.34B | $6.96B | $7.06B | $7.37B | · | |
| Retained Earnings | $11.71B | $10.17B | $10.20B | $9.79B | $9.25B | $8.51B | $7.67B | $7.13B | $6.51B | $5.54B | $4.94B | $4.71B | $3.98B | $3.11B | $2.01B | · | |
| Treasury Stock | $5M | · | · | · | · | · | $0 | $0 | $0 | · | · | $28M | · | $13M | $19M | · | |
| AOCI | $-120M | $-121M | $-122M | $-119M | $-120M | $-121M | $-121M | $-122M | $-123M | $-113M | $-114M | $-115M | $-129M | $-130M | $-131M | $-132M | |
| Stockholders' Equity | $41.75B | $15.43B | $15.53B | $15.35B | $15.06B | $14.54B | $14.28B | $12.55B | $12.17B | $11.64B | $11.02B | $10.98B | $10.87B | $10.09B | $9.30B | · | |
| Liabilities + Equity | $70.89B | $32.54B | $31.60B | $31.22B | $31.39B | $30.93B | $30.26B | $25.16B | $24.98B | $24.24B | $23.36B | $23.42B | $23.56B | $23.19B | $21.78B | · | |
| Shares Outstanding | · | · | · | · | · | · | 658,000,000 | 628,000,000 | 633,000,000 | 641 | 641 | 645 | 654,000,000 | 656,000,000 | 661,000,000 | 663 |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $1.42B | $904M | $890M | $879M | $914M | $912M | $794M | $768M | $722M | $651M | $638M | $615M | $581M | $528M | $489M | $577M | |
| Stock-based Comp | $71M | $22M | $22M | $24M | $23M | $30M | $24M | $27M | $24M | $22M | $25M | $23M | $22M | $23M | $20M | $19M | |
| Deferred Tax | $95M | $234M | $162M | $263M | $18M | $41M | $164M | $39M | $40M | $13M | $119M | $80M | $445M | $305M | $164M | $149M | |
| Restructuring | · | · | · | · | · | · | $8M | · | · | $0 | · | · | $0 | $0 | $0 | $28M | |
| Other Non-cash | $1.10B | $76M | · | $-225M | $-175M | $582M | $-115M | $-344M | $526M | $68M | $-207M | $-24M | $-1.07B | $88M | $32M | · | |
| Operating Cash Flow | $3.67B | $1.66B | $1.53B | $1.69B | $1.54B | $1.94B | $1.66B | $1.53B | $1.74B | $1.73B | $1.41B | $1.68B | $2.10B | $2.68B | $1.84B | $1.62B | |
| CapEx | $1.32B | $839M | $832M | $870M | $956M | $934M | $877M | $948M | $894M | $882M | $1.08B | $1.01B | $628M | $573M | $537M | $512M | |
| Investing Cash Flow | $-3.38B | $-1.02B | $-970M | $-1.02B | $-597M | $-802M | $-4.35B | $-1.02B | $-921M | $-897M | $-1.10B | $-1.03B | $-3.10B | $-670M | $-526M | $-518M | |
| Debt Issued | · | · | $0 | $0 | · | · | $3.22B | · | · | $0 | · | · | · | · | · | · | |
| Net Debt Issued | $-500M | · | · | $-485M | · | · | $2.75B | · | · | $-242M | · | · | $0 | $0 | · | · | |
| Stock Repurchased | $197M | $69M | $250M | $250M | $249M | $301M | $295M | $256M | $205M | $0 | $228M | $517M | $126M | $324M | $211M | $589M | |
| Net Stock Activity | $-197M | $-69M | · | $-250M | $-249M | $-301M | $-295M | $-256M | $-205M | $0 | $-228M | $-517M | $-126M | $-324M | $-211M | · | |
| Dividends Paid | · | · | · | $151M | · | · | $272M | $223M | $299M | $312M | $462M | $596M | $1.01B | $830M | $667M | $554M | |
| Financing Cash Flow | $-1.11B | $-254M | $-407M | $-1.15B | $-424M | $-752M | $2.19B | $-495M | $-541M | $-553M | $-704M | $-1.21B | $-1.14B | $-1.17B | $-959M | $-1.15B | |
| Net Change in Cash | $-806M | $381M | $156M | $-481M | $525M | $388M | $-493M | $20M | $274M | $273M | $-399M | $-567M | $-2.15B | $832M | $354M | $-50M | |
| Taxes Paid | $-43M | $4M | $3M | $31M | $152M | $0 | $92M | $388M | $-4M | $50M | $259M | $0 | $253M | $133M | $-23M | $0 | |
| Free Cash Flow | $2.36B | $816M | · | $820M | $589M | $1.01B | $786M | $587M | $844M | $843M | $326M | $665M | $1.48B | $2.10B | $1.30B | · |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 25.8% | 3.1% | · | 15.9% | 21.0% | 11.1% | 20.2% | 21.6% | 16.6% | 23.7% | 20.0% | 26.0% | 34.8% | 34.3% | 25.9% | · | |
| Pretax Margin | 32.1% | 4.4% | · | 21.1% | 27.1% | 14.5% | 26.4% | 26.6% | 21.4% | 28.0% | 26.0% | 32.0% | 45.4% | 44.4% | 33.1% | · | |
| EBITDA Margin | 19.1% | 23.8% | · | 20.3% | 21.3% | 20.5% | 19.7% | 19.6% | 20.1% | 17.0% | 18.5% | 16.1% | 10.7% | 9.4% | 12.8% | · | |
| ROA | 3.7% | 0.38% | · | 2.2% | 3.2% | 1.8% | 3.0% | 3.5% | 2.5% | 3.8% | 3.0% | 4.4% | 8.5% | 8.9% | 4.7% | · | |
| ROE | 6.7% | 0.80% | · | 4.6% | 6.5% | 3.7% | 6.3% | 7.2% | 5.1% | 8.1% | 6.5% | 9.8% | 19.1% | 20.9% | 11.2% | · |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.7 | 1.0 | · | 1.0 | 1.2 | 1.1 | 1.1 | 1.1 | 1.0 | 1.0 | 1.0 | 1.1 | 1.2 | 1.6 | 1.3 | · | |
| Quick Ratio | 0.6 | 0.8 | · | 0.8 | 1.0 | 0.9 | 0.8 | 0.9 | 0.9 | 0.8 | 0.7 | 0.8 | 0.9 | 1.4 | 1.2 | · | |
| Debt / Equity | 0.3 | 0.6 | · | 0.6 | 0.6 | 0.6 | 0.6 | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.7 | · | |
| LT Debt / Equity | 0.2 | 0.5 | · | 0.5 | 0.6 | 0.6 | 0.6 | 0.5 | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 | 0.6 | 0.7 | · |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | · | 0.1 | 0.2 | 0.2 | 0.1 | 0.2 | 0.1 | 0.2 | 0.1 | 0.2 | 0.2 | 0.3 | 0.2 | · | |
| Receivables Turnover | 3.0 | 1.8 | · | 2.4 | 2.5 | 2.4 | 2.2 | 2.5 | 2.2 | 2.0 | 1.8 | 2.1 | 3.0 | 3.2 | 2.5 | · |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | · | · | · | · | · | · | $21.70 | $19.99 | $19.22 | $18157566.30 | $17193447.74 | $17018604.65 | $16.63 | $15.38 | $14.07 | · | |
| Revenue / Share | $7.89 | $6.16 | · | $6.89 | $6.74 | $6.90 | $6.46 | $6.24 | $5.69 | $6.00 | $5.41 | $5.91 | $8.34 | $8.60 | $5.79 | · | |
| Cash Flow / Share | $3.91 | $2.68 | · | $2.69 | $2.43 | $3.01 | $2.67 | $2.44 | $2.75 | $2.70 | $2.20 | $2.59 | $3.23 | $4.09 | $2.79 | · | |
| Cash / Share | · | · | · | · | · | · | $0.98 | $1.82 | $1.78 | $1020280.81 | $580343.21 | $1179844.96 | $1.78 | $5.03 | $3.72 | · | |
| Dividend Paid / Share | $0.32 | $0.24 | $0.24 | $0.24 | $0.24 | $0.24 | $0.44 | $0.35 | $0.44 | $0.49 | $0.72 | $0.89 | $1.55 | $1.27 | $1.00 | $0.84 | |
| EPS (TTM) | $4.21 | $3.59 | · | · | · | · | · | · | · | · | · | · | $9.54 | $7.90 | $5.35 | · |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $19.68B | $16.54B | · | · | · | · | · | · | · | · | · | · | $19.14B | $17.18B | $13.97B | · | |
| Net Income TTM | $3.28B | $2.27B | · | $2.72B | $2.85B | $2.79B | $3.40B | $3.49B | $3.34B | $3.81B | $4.79B | $6.04B | $6.32B | $5.26B | $3.59B | · | |
| Market Cap | · | · | · | · | · | · | $25.74B | $29.77B | $31.76B | $30.6K | $31.0K | $32.6K | $39.33B | $36.15B | $39.08B | · | |
| Enterprise Value | · | · | · | · | · | · | $33.98B | $35.24B | $37.26B | $6.00B | $6.29B | $5.91B | $44.87B | $39.31B | $43.10B | · | |
| P/E | 9.8 | 14.0 | · | · | · | · | · | · | · | · | · | · | 6.3 | 7.0 | 11.1 | · | |
| P/S | · | · | · | · | · | · | · | · | · | · | · | · | 2.1 | 2.1 | 2.8 | · | |
| P/B | · | · | · | · | · | · | 1.8 | 2.4 | 2.6 | 0.0 | 0.0 | 0.0 | 3.6 | 3.6 | 4.2 | · | |
| P / Tangible Book | · | · | · | · | · | · | 1.9 | 2.5 | 2.8 | 0.0 | 0.0 | 0.0 | 3.9 | 3.9 | 4.6 | · | |
| P / Cash Flow | · | · | · | · | · | · | 15.5 | 19.4 | 18.3 | 0.0 | 0.0 | 0.0 | 18.7 | 13.5 | 21.3 | · | |
| EV / Revenue | · | · | · | · | · | · | · | · | · | · | · | · | 2.3 | 2.3 | 3.1 | · | |
| Dividend Yield | · | · | · | · | · | · | 5.0% | · | · | 7342432.1% | 9488174.3% | 10133732.8% | 7.8% | 6.6% | 4.5% | · | |
| Earnings Yield | 10.2% | 7.1% | · | · | · | · | · | · | · | · | · | · | 15.9% | 14.3% | 9.0% | · | |
| Payout Ratio | · | · | · | · | · | · | 33.5% | 26.4% | 50.2% | 0.00% | 67.0% | 59.9% | 53.2% | 43.0% | 67.4% | · | |
| Annual Payout | · | · | · | · | $937M | $937M | $1.28B | · | · | $2.25B | $2.94B | $3.31B | $3.06B | $2.38B | $1.78B | · |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenue | $17.19B | · | · | $15.94B | · |
| Net Income | $2.64B | · | · | $2.89B | · |
| Diluted EPS | $4.17 | · | · | $4.56 | · |
| Metric | 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Debt / Equity | · | · | · | 0.6 | · |
| Current Ratio | · | · | · | 1.0 | · |
| Quick Ratio | · | · | · | 0.8 | · |
| Metric | 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Free Cash Flow | · | · | · | $2.96B | · |
Institutional owners (13F) 1,601 filers · $47.4B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 360 (+98 vs prior Q) | 127 (+30 vs prior Q) | 789 (+366 vs prior Q) | 249 (-192 vs prior Q) | +508.0M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| BlackRock, Inc. | $3,941,054,219 | 95,378,854 | 8.32% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $3,113,381,012 | 75,348,040 | 6.57% | Shares |
| STATE STREET CORP | $3,023,767,271 | 73,179,266 | 6.39% | Shares |
| VANGUARD GROUP INC | $2,984,763,426 | 81,484,123 | 6.30% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $2,366,117,077 | 57,263,240 | 5.00% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $2,128,904,576 | 51,522,376 | 4.50% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $1,583,545,861 | 38,323,956 | 3.34% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $1,256,237,149 | 30,520,177 | 2.65% | Shares |
| Davis Selected Advisers | $1,045,194,009 | 25,297,991 | 2.21% | Shares |
| Invesco Ltd. | $997,831,648 | 24,148,878 | 2.11% | Shares |
| MORGAN STANLEY | $971,589,064 | 23,513,769 | 2.05% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $698,689,164 | 16,907,374 | 1.48% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $686,992,641 | 16,626,153 | 1.45% | Shares |
| TOMS Capital Investment Management LP | $566,497,200 | 13,710,000 | 1.20% | Call option |
| D. E. Shaw & Co., Inc. | $497,688,161 | 12,044,728 | 1.05% | Shares |
| NORTHERN TRUST CORP | $459,760,906 | 11,126,837 | 0.97% | Shares |
| GOLDMAN SACHS GROUP INC | $451,447,461 | 10,925,640 | 0.95% | Shares |
| EnCap Energy Capital Fund XI, L.P. | $432,459,201 | 11,806,148 | 0.91% | Shares |
| TOMS Capital Investment Management LP | $423,901,880 | 10,259,000 | 0.90% | Shares |
| BANK OF AMERICA CORP /DE/ | $421,225,716 | 10,194,233 | 0.89% | Shares |
| GQG Partners LLC | $402,558,480 | 9,742,444 | 0.85% | Shares |
| Bank of New York Mellon Corp | $397,834,095 | 9,628,124 | 0.84% | Shares |
| EnCap Partners GP, LLC | $382,642,034 | 10,446,138 | 0.81% | Shares |
| CITADEL ADVISORS LLC | $366,539,266 | 8,870,747 | 0.77% | Shares |
| JPMORGAN CHASE & CO | $366,138,850 | 8,719,666 | 0.77% | Shares |
| MILLENNIUM MANAGEMENT LLC | $350,277,987 | 8,477,202 | 0.74% | Shares |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | $349,087,268 | 8,448,385 | 0.74% | Shares |
| Qube Research & Technologies Ltd | $319,724,491 | 7,737,766 | 0.68% | Shares |
| Egerton Capital (UK) LLP | $312,299,039 | 7,558,060 | 0.66% | Shares |
| UBS Group AG | $310,246,757 | 7,508,392 | 0.66% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $296,238,705 | 7,169,378 | 0.63% | Shares |
| DEUTSCHE BANK AG\ | $292,502,297 | 7,078,952 | 0.62% | Shares |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | $280,739,732 | 6,794,282 | 0.59% | Shares |
| Merewether Investment Management, LP | $271,128,494 | 6,561,677 | 0.57% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $267,424,941 | 6,472,046 | 0.56% | Shares |
| VOYA INVESTMENT MANAGEMENT LLC | $259,671,426 | 6,284,400 | 0.55% | Shares |
| FULLER & THALER ASSET MANAGEMENT, INC. | $246,082,204 | 5,955,523 | 0.52% | Shares |
| EnCap Investments L.P. | $244,780,135 | 5,924,011 | 0.52% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $244,184,672 | 5,909,600 | 0.52% | Call option |
| Legal & General Group Plc | $239,212,179 | 5,789,259 | 0.51% | Shares |
| AMERICAN CENTURY COMPANIES INC | $239,077,770 | 5,786,003 | 0.50% | Shares |
| SCHRODER INVESTMENT MANAGEMENT GROUP | $232,494,583 | 5,626,684 | 0.49% | Shares |
| NEUBERGER BERMAN GROUP LLC | $224,244,856 | 5,417,436 | 0.47% | Shares |
| EnCap Energy Capital Fund X, L.P. | $216,229,601 | 5,903,074 | 0.46% | Shares |
| AMERIPRISE FINANCIAL INC | $214,267,637 | 5,185,567 | 0.45% | Shares |
| KING LUTHER CAPITAL MANAGEMENT CORP | $207,390,778 | 5,019,138 | 0.44% | Shares |
| Amundi | $200,582,982 | 4,854,380 | 0.42% | Shares |
| RAYMOND JAMES FINANCIAL INC | $191,363,176 | 4,631,248 | 0.40% | Shares |
| DISCIPLINED GROWTH INVESTORS INC /MN | $174,346,240 | 4,219,415 | 0.37% | Shares |
| JANE STREET GROUP, LLC | $170,934,642 | 4,136,850 | 0.36% | Call option |
Activists & 5%+ owners 9 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| EnCap Energy Capital Fund IX, L.P., Felix Investments Holdings II, LLC, Felix Energy Investments II, LLC, EnCap Energy Capital Fund X, L.P., EnCap Partners GP, LLC | Oct. 21, 2021 | · | Initial filing | · | SEC |
| Felix STACK Holdings, LLC, EnCap FEx Holdings, LLC, EnCap Energy Capital Fund IX, L.P., Felix Investments Holdings II, LLC, Felix Energy Investments II, LLC, EnCap Energy Capital Fund X, L.P., EnCap Partners GP, LLC ×2 filings | Feb. 25, 2021 | · | Initial filing | · | SEC |
| Devon Energy Corporation ×11 filings | Oct. 6, 2020 | · | Initial filing | M&A / sale | SEC |
| Jeffrey Todd Mitchell, Michael Kent Mitchell, Meredith L. Dreiss | April 11, 2014 | · | Initial filing | · | SEC |
| George P. Mitchell (2) | March 7, 2012 | · | Initial filing | · | SEC |
| George P. Mitchell | March 5, 2010 | · | Initial filing | · | SEC |
| Undisclosed reporting person, Undisclosed reporting person | Jan. 28, 2002 | · | Initial filing | M&A / sale | SEC |
| Undisclosed reporting person | Oct. 10, 2001 | · | Initial filing | · | SEC |
| Undisclosed reporting person | Aug. 23, 2001 | · | Initial filing | M&A / sale | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 67 insiders · 30 officers · 33 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Clay M Gaspar | PRESIDENT AND CEO | Sept. 14, 2026 P | 619,152 | 1 | 0 | $199,876 |
| Richard E Muncrief | President and CEO | Feb. 10, 2025 F | 1,970,737 | 0 | 0 | $0 |
| Iii Shannon E. Young, | EVP, CFO | May 7, 2026 A | 323,480 | 0 | 0 | $0 |
| Thomas L Mitchell | EVP & CHIEF FINANCIAL OFFICER | March 1, 2017 F | 85,771 | 0 | 0 | $0 |
| Jeffrey A. Agosta | EVP & CHIEF FINANCIAL OFFICER | Dec. 8, 2013 F | 75,447 | 0 | 0 | $0 |
| Brian J Jennings | SVP & CFO | Dec. 4, 2006 F | 47,278 | 0 | 0 | $0 |
| Tony D. Vaughn | Chief Operating Officer | March 1, 2019 F | 293,216 | 0 | 0 | $0 |
| Robert Ferrall Lowe III | EVP EXPLORATION & PRODUCTION | Sept. 14, 2026 S | 72,720 | 0 | 1 | $-344,218 |
| Andrea Alexander | SVP & CHIEF ADMIN OFFICER | June 10, 2026 S | 138,529 | 0 | 1 | $-841,320 |
| Adam M Vela | SVP & GENERAL COUNSEL | May 14, 2026 S | 130,540 | 0 | 1 | $-1,149,186 |
| Jeffrey L Ritenour | EVP & CHIEF CORP DEV OFFICER | May 11, 2026 S | 428,452 | 0 | 1 | $-3,267,553 |
| Michael D. Deshazer | EVP, Exploration & Production | May 7, 2026 A | 204,321 | 0 | 0 | $0 |
| Blake A Sirgo | EVP, Operations | May 7, 2026 A | 199,039 | 0 | 0 | $0 |
| Gregory F Conaway | VP, Chief Accounting Officer | May 7, 2026 A | 18,361 | 0 | 0 | $0 |
| John David Raines | SVP, E&P Asset Management | Feb. 10, 2026 A | 57,001 | 0 | 0 | $0 |
| Thomas Jeffrey Hellman | SVP, E&P Operations | Feb. 10, 2026 A | 32,154 | 0 | 0 | $0 |
| John Bennett Sherrer | VP Accounting & Controller | Feb. 10, 2026 A | 15,082 | 0 | 0 | $0 |
| Tana K Cashion | EVP Human Resources and Admin | Feb. 10, 2026 A | 139,634 | 0 | 0 | $0 |
| Dennis C Cameron | EVP and General Counsel | Feb. 10, 2026 A | 263,598 | 0 | 0 | $0 |
| David Gerard Harris | EVP Chief Corp Develop Officer | Feb. 10, 2025 F | 319,496 | 0 | 0 | $0 |
| Jeremy D. Humphers | SVP-Chief Accounting Officer | Feb. 12, 2024 F | 68,278 | 0 | 0 | $0 |
| David A Hager | Executive Chair | Feb. 10, 2022 A | 962,415 | 0 | 0 | $0 |
| Lyndon C Taylor | EVP Chief Legal & Adm Officer | Jan. 4, 2021 A | 183,057 | 0 | 0 | $0 |
| Alan R. Marcum | EVP ADMINISTRATION | March 1, 2018 F | 163,176 | 0 | 0 | $0 |
| Frank W Rudolph | EVP HUMAN RESOURCES | Feb. 10, 2016 F | 57,913 | 0 | 0 | $0 |
| Darryl G Smette | EVP MARKETING MIDSTREAM & SUPP | Feb. 10, 2016 F | 52,728 | 0 | 0 | $0 |
| William F. Whitsitt | EVP PUBLIC AFFAIRS | July 18, 2013 S | 25,479 | 0 | 0 | $0 |
| Danny J Heatly | SVP ACCOUNTING/CHIEF ACCTG OFF | Dec. 29, 2010 M | 50,741 | 0 | 0 | $0 |
| Duke R Ligon | SVP & GENERAL COUNSEL | Oct. 16, 2006 M | 54,280 | 0 | 0 | $0 |
| J M Lacey | SVP - E & P | Dec. 19, 2003 S | 5,165 | 0 | 0 | $0 |
| Thomas E Jorden | Director | July 1, 2026 G | 2,416,436 | 0 | 0 | $0 |
| Jeffrey Earle Shellebarger | Director | June 30, 2026 A | 12,082 | 0 | 0 | $0 |
| Jacinto J Hernandez | Director | June 30, 2026 A | 12,368 | 0 | 0 | $0 |
| Ann G Fox | Director | June 30, 2026 A | 49,243 | 0 | 0 | $0 |
| Amanda M Brock | Director | June 30, 2026 A | 61,301 | 0 | 0 | $0 |
| Valerie Williams | Director | June 30, 2026 A | 52,034 | 0 | 0 | $0 |
| Brent J Smolik | Director | June 30, 2026 A | 12,662 | 0 | 0 | $0 |
| Karl F Kurz | Director | June 30, 2026 A | 94,315 | 0 | 0 | $0 |
| Marcus A Watts | Director | June 30, 2026 A | 61,301 | 0 | 0 | $0 |
| Kelt Kindick | Director | June 30, 2026 A | 37,368 | 0 | 0 | $0 |
| Gennifer F. Kelly | Director | June 4, 2025 A | 18,442 | 0 | 0 | $0 |
| John E Bethancourt | Director | June 4, 2025 A | 115,963 | 0 | 0 | $0 |
| Barbara M Baumann | Director | June 4, 2025 A | 95,881 | 0 | 0 | $0 |
| Michael N Mears | Director | June 4, 2025 A | 18,442 | 0 | 0 | $0 |
| Robert A Mosbacher JR | Director | June 4, 2025 A | 90,762 | 0 | 0 | $0 |
| John Krenicki | Director | June 5, 2024 A | 53,696 | 0 | 0 | $0 |
| Duane C Radtke | Director | June 8, 2022 A | 78,473 | 0 | 0 | $0 |
| Martin D Phillips | Director | Jan. 7, 2021 A | 14,536 | 0 | 0 | $0 |
| Robert H. Henry | Director | June 3, 2020 A | 48,753 | 0 | 0 | $0 |
| Mary P Ricciardello | Director | June 3, 2020 A | 69,592 | 0 | 0 | $0 |
| Keith O Rattie | Director | June 3, 2020 A | 47,398 | 0 | 0 | $0 |
| Michael M Kanovsky | Director | June 3, 2020 A | 48,203 | 0 | 0 | $0 |
| John Richels | Director | Feb. 11, 2019 F | 686,131 | 0 | 0 | $0 |
| Larry J Nichols | Director | Dec. 1, 2015 F | 1,043,419 | 0 | 0 | $0 |
| John A Hill | Director | June 4, 2014 A | 40,058 | 0 | 0 | $0 |
| Todd J Mitchell | Director | March 1, 2011 M | 14,000 | 0 | 0 | $0 |
| Thomas F Ferguson | Director | June 9, 2010 M | 12,000 | 0 | 0 | $0 |
| William J Johnson | Director | June 6, 2007 A | 25,066 | 0 | 0 | $0 |
| Peter J Fluor | Director | March 22, 2007 M | 31,122 | 0 | 0 | $0 |
| Charles F Mitchell MD | Director | Jan. 13, 2005 M | 14,998 | 0 | 0 | $0 |
| Robert L Howard | · | Dec. 2, 2009 M | 40,343 | 0 | 0 | $0 |
| Stephen J Hadden | · | Dec. 12, 2008 F | 70,558 | 0 | 0 | $0 |
| David M Gavrin | · | May 19, 2008 M | 114,276 | 0 | 0 | $0 |
| Marian J Moon | · | April 23, 2008 M | 28,075 | 0 | 0 | $0 |
| Milton Carroll | · | June 17, 2004 M | 3,000 | 0 | 0 | $0 |
| Michael E Gellert | · | June 15, 2004 J | 23,266 | 0 | 0 | $0 |
| William T Vaughn | · | Feb. 25, 2004 A | 22,677 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 140 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| DUSA · Davis Fundamental ETF Trust | 5.55% | 1,564,234 NS | July 31, 2026 | N-PORT |
| FXN · First Trust Exchange-Traded AlphaDE… | 4.76% | 399,675 NS | July 31, 2026 | N-PORT |
| RSPG · Invesco Exchange-Traded Fund Trust | 4.68% | 600,324 SH | Oct. 5, 2026 | Daily |
| DWLD · Davis Fundamental ETF Trust | 4.49% | 608,272 NS | July 31, 2026 | N-PORT |
| IEO · iShares Trust | 4.00% | 604,976 SH | Sept. 11, 2026 | Daily |
| GEND · Spinnaker ETF Series | 3.82% | 4,109 NS | July 31, 2026 | N-PORT |
| CBLS · Elevation Series Trust | 2.70% | 33,208 NS | July 31, 2026 | N-PORT |
| CBSE · Elevation Series Trust | 2.68% | 30,771 NS | July 31, 2026 | N-PORT |
| WLTG · ETF Opportunities Trust | 2.47% | 42,084 NS | July 31, 2026 | N-PORT |
| PXI · Invesco Exchange-Traded Fund Trust | 2.32% | 27,678 SH | Oct. 5, 2026 | Daily |
| ERX · Direxion Shares ETF Trust | 2.29% | 118,352 NS | July 31, 2026 | N-PORT |
| IYE · iShares Trust | 2.28% | 864,630 SH | Sept. 11, 2026 | Daily |
| SPDV · ETF Series Solutions | 2.14% | 62,364 NS | July 31, 2026 | N-PORT |
| VDE · VANGUARD WORLD FUND | 2.05% | 5,477,003 SH | Aug. 19, 2026 | Daily |
| FENY · FIDELITY COVINGTON TRUST | 2.01% | 894,954 NS | July 31, 2026 | N-PORT |
| SMRI · EA Series Trust | 1.90% | 271,159 NS | July 31, 2026 | N-PORT |
| ABLD · Abacus FCF ETF Trust | 1.90% | 38,948 NS | July 31, 2026 | N-PORT |
| GUSH · Direxion Shares ETF Trust | 1.56% | 85,484 NS | July 31, 2026 | N-PORT |
| PWV · Invesco Exchange-Traded Fund Trust | 1.54% | 591,381 SH | Oct. 5, 2026 | Daily |
| IXC · iShares Trust | 1.48% | 877,288 SH | Sept. 11, 2026 | Daily |
| EPMB · Harbor ETF Trust | 1.44% | 1,460 NS | July 31, 2026 | N-PORT |
| IGE · iShares Trust | 1.40% | 225,215 SH | Sept. 11, 2026 | Daily |
| SMCO · Tidal Trust II | 1.17% | 36,689 NS | July 31, 2026 | N-PORT |
| SPVM · Invesco Exchange-Traded Fund Trust | 1.14% | 31,496 SH | Oct. 5, 2026 | Daily |
| VMAX · Lattice Strategies Trust | 1.01% | 11,018 NS | July 31, 2026 | N-PORT |
| VAMO · Cambria ETF Trust | 0.90% | 21,757 NS | July 31, 2026 | N-PORT |
| JOET · Virtus ETF Trust II | 0.83% | 45,012 NS | July 31, 2026 | N-PORT |
| VOE · VANGUARD INDEX FUNDS | 0.82% | 7,409,116 SH | Aug. 19, 2026 | Daily |
| VLUE · iShares Trust | 0.80% | 1,541,020 SH | Sept. 11, 2026 | Daily |
| FTA · First Trust Exchange-Traded AlphaDE… | 0.75% | 232,755 NS | July 31, 2026 | N-PORT |
| IMCV · iShares Trust | 0.75% | 172,815 SH | Sept. 11, 2026 | Daily |
| WLDR · Two Roads Shared Trust | 0.70% | 14,209 NS | July 31, 2026 | N-PORT |
| RPV · Invesco Exchange-Traded Fund Trust | 0.70% | 242,725 SH | Oct. 5, 2026 | Daily |
| FPWR · First Trust Exchange-Traded Fund IV | 0.62% | 4,094 NS | July 31, 2026 | N-PORT |
| IWS · iShares Trust | 0.55% | 1,683,905 SH | Sept. 11, 2026 | Daily |
| LSVD · ADVISORS' INNER CIRCLE FUND | 0.55% | 78,713 NS | July 31, 2026 | N-PORT |
| ACIO · ETF Series Solutions | 0.53% | 277,710 NS | July 31, 2026 | N-PORT |
| ADME · ETF Series Solutions | 0.53% | 34,594 NS | July 31, 2026 | N-PORT |
| QDEF · FlexShares Trust | 0.51% | 61,992 NS | July 31, 2026 | N-PORT |
| GUNR · FlexShares Trust | 0.50% | 803,590 NS | July 31, 2026 | N-PORT |
| FEX · First Trust Exchange-Traded AlphaDE… | 0.49% | 170,508 NS | July 31, 2026 | N-PORT |
| VO · VANGUARD INDEX FUNDS | 0.46% | 24,994,666 SH | Aug. 19, 2026 | Daily |
| IWR · iShares Trust | 0.42% | 4,619,493 SH | Sept. 11, 2026 | Daily |
| JPME · J.P. Morgan Exchange-Traded Fund Tr… | 0.41% | 41,806 NS | July 31, 2026 | N-PORT |
| JPUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.39% | 39,834 NS | July 31, 2026 | N-PORT |
| DFLV · Dimensional ETF Trust | 0.39% | 583,306 NS | July 31, 2026 | N-PORT |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.38% | 14,058 NS | July 31, 2026 | N-PORT |
| IMCB · iShares Trust | 0.37% | 124,345 SH | Sept. 11, 2026 | Daily |
| FEUS · FlexShares Trust | 0.37% | 9,185 NS | July 31, 2026 | N-PORT |
| JVAL · J.P. Morgan Exchange-Traded Fund Tr… | 0.34% | 61,985 NS | July 31, 2026 | N-PORT |
| XOEF · iShares Trust | 0.32% | 1,442 SH | Sept. 11, 2026 | Daily |
| DFVX · Dimensional ETF Trust | 0.31% | 36,693 NS | July 31, 2026 | N-PORT |
| QLC · FlexShares Trust | 0.28% | 62,720 NS | July 31, 2026 | N-PORT |
| DFUV · Dimensional ETF Trust | 0.28% | 945,945 NS | July 31, 2026 | N-PORT |
| ROUS · Lattice Strategies Trust | 0.26% | 40,916 NS | July 31, 2026 | N-PORT |
| ESLV · Strategy Shares | 0.26% | 815 NS | July 31, 2026 | N-PORT |
| VFMV · VANGUARD WELLINGTON FUND | 0.23% | 22,858 SH | Aug. 19, 2026 | Daily |
| VFMF · VANGUARD WELLINGTON FUND | 0.23% | 39,168 SH | Aug. 19, 2026 | Daily |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.22% | 37,404 SH | Oct. 5, 2026 | Daily |
| FVAL · FIDELITY COVINGTON TRUST | 0.21% | 62,319 NS | July 31, 2026 | N-PORT |
| EUSA · iShares, Inc. | 0.21% | 80,971 SH | Sept. 11, 2026 | Daily |
| PRF · Invesco Exchange-Traded Fund Trust | 0.21% | 429,603 SH | Oct. 5, 2026 | Daily |
| PFIG · Invesco Exchange-Traded Fund Trust … | 0.21% | 260,000 | Oct. 5, 2026 | Daily |
| RSP · Invesco Exchange-Traded Fund Trust | 0.20% | 3,973,904 SH | Oct. 5, 2026 | Daily |
| IVE · iShares Trust | 0.19% | 1,915,896 SH | Sept. 11, 2026 | Daily |
| QUAL · iShares Trust | 0.19% | 1,791,885 SH | Sept. 11, 2026 | Daily |
| VFVA · VANGUARD WELLINGTON FUND | 0.19% | 38,345 SH | Aug. 19, 2026 | Daily |
| VYM · VANGUARD WHITEHALL FUNDS | 0.19% | 4,500,677 SH | Aug. 19, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.19% | 1,991,402 NS | July 31, 2026 | N-PORT |
| SIZE · iShares Trust | 0.19% | 15,950 SH | Sept. 11, 2026 | Daily |
| IUSV · iShares Trust | 0.18% | 1,011,435 SH | Sept. 11, 2026 | Daily |
| VTV · VANGUARD INDEX FUNDS | 0.18% | 10,956,733 SH | Aug. 19, 2026 | Daily |
| DIVB · iShares Trust | 0.17% | 70,463 SH | Sept. 11, 2026 | Daily |
| DCOR · Dimensional ETF Trust | 0.16% | 120,164 NS | July 31, 2026 | N-PORT |
| VFMO · VANGUARD WELLINGTON FUND | 0.16% | 77,270 SH | Aug. 19, 2026 | Daily |
| VOOV · VANGUARD ADMIRAL FUNDS | 0.16% | 265,553 SH | Aug. 19, 2026 | Daily |
| DXUV · Dimensional ETF Trust | 0.16% | 19,431 NS | July 31, 2026 | N-PORT |
| ILCV · iShares Trust | 0.15% | 41,210 SH | Sept. 11, 2026 | Daily |
| BSCU · Invesco Exchange-Traded Self-Indexe… | 0.15% | 4,286,000 | Oct. 2, 2026 | Daily |
| IWD · iShares Trust | 0.15% | 2,507,213 SH | Sept. 11, 2026 | Daily |
| ESGU · iShares Trust | 0.15% | 521,173 SH | Sept. 11, 2026 | Daily |
| DUHP · Dimensional ETF Trust | 0.14% | 381,268 NS | July 31, 2026 | N-PORT |
| VONV · VANGUARD SCOTTSDALE FUNDS | 0.13% | 680,448 SH | Aug. 19, 2026 | Daily |
| IUS · Invesco Exchange-Traded Self-Indexe… | 0.13% | 26,276 SH | Oct. 5, 2026 | Daily |
| EGLE · Global X Funds | 0.12% | 59 NS | July 31, 2026 | N-PORT |
| TOPC · iShares Trust | 0.11% | 710 SH | Sept. 11, 2026 | Daily |
| DFAU · Dimensional ETF Trust | 0.10% | 284,652 NS | July 31, 2026 | N-PORT |
| RWL · Invesco Exchange-Traded Fund Trust … | 0.10% | 201,908 SH | Oct. 5, 2026 | Daily |
| CCNR · Financial Investors Trust | 0.09% | 8,844 NS | July 31, 2026 | N-PORT |
| IVV · iShares Trust | 0.09% | 14,532,392 SH | Sept. 11, 2026 | Daily |
| QVML · Invesco Exchange-Traded Fund Trust … | 0.09% | 30,518 SH | Oct. 5, 2026 | Daily |
| OMFL · Invesco Exchange-Traded Self-Indexe… | 0.09% | 85,236 SH | Oct. 5, 2026 | Daily |
| XYLG · Global X Funds | 0.08% | 1,206 NS | July 31, 2026 | N-PORT |
| XCLR · Global X Funds | 0.08% | 67 NS | July 31, 2026 | N-PORT |
| XTR · Global X Funds | 0.08% | 89 NS | July 31, 2026 | N-PORT |
| IYY · iShares Trust | 0.08% | 49,458 SH | Sept. 11, 2026 | Daily |
| SOVF · Elevation Series Trust | 0.08% | 1,583 NS | July 31, 2026 | N-PORT |
| CATH · Global X Funds | 0.08% | 23,491 NS | July 31, 2026 | N-PORT |
| CHRI · Global X Funds | 0.08% | 144 NS | July 31, 2026 | N-PORT |
| PTLC · Pacer Funds Trust | 0.08% | 58,241 NS | July 31, 2026 | N-PORT |
| XYLD · Global X Funds | 0.08% | 57,819 NS | July 31, 2026 | N-PORT |
| PBUS · Invesco Exchange-Traded Fund Trust … | 0.08% | 181,035 SH | Oct. 5, 2026 | Daily |
| IWB · iShares Trust | 0.08% | 778,043 SH | Sept. 11, 2026 | Daily |
| PBP · Invesco Exchange-Traded Fund Trust | 0.08% | 6,545 SH | Oct. 5, 2026 | Daily |
| VV · VANGUARD INDEX FUNDS | 0.08% | 1,347,082 SH | Aug. 19, 2026 | Daily |
| TOV · EA Series Trust | 0.08% | 4,721 NS | July 31, 2026 | N-PORT |
| ILCB · iShares Trust | 0.08% | 20,551 SH | Sept. 11, 2026 | Daily |
| XRMI · Global X Funds | 0.08% | 883 NS | July 31, 2026 | N-PORT |
| ITOT · iShares Trust | 0.08% | 1,499,880 SH | Sept. 11, 2026 | Daily |
| BKLC · BNY Mellon ETF Trust | 0.08% | 93,649 NS | July 31, 2026 | N-PORT |
| IWV · iShares Trust | 0.08% | 309,669 SH | Sept. 11, 2026 | Daily |
| SPUU · Direxion Shares ETF Trust | 0.07% | 4,350 NS | July 31, 2026 | N-PORT |
| BBUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.07% | 146,300 NS | July 31, 2026 | N-PORT |
| VOXP · Advisors Series Trust | 0.07% | 95 NS | July 31, 2026 | N-PORT |
| VOTE · TCW ETF Trust | 0.07% | 17,942 NS | July 31, 2026 | N-PORT |
| QDPL · Pacer Funds Trust | 0.07% | 27,781 NS | July 31, 2026 | N-PORT |
| DFUS · Dimensional ETF Trust | 0.07% | 331,705 NS | July 31, 2026 | N-PORT |
| VOO · VANGUARD INDEX FUNDS | 0.07% | 29,950,460 SH | Aug. 19, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | 0.07% | 36,621,773 SH | Aug. 19, 2026 | Daily |
| VFQY · VANGUARD WELLINGTON FUND | 0.07% | 8,305 SH | Aug. 19, 2026 | Daily |
| VONE · VANGUARD SCOTTSDALE FUNDS | 0.07% | 186,017 SH | Aug. 19, 2026 | Daily |
| PHDG · Invesco Actively Managed Exchange-T… | 0.07% | 866 SH | Oct. 5, 2026 | Daily |
| TILT · FlexShares Trust | 0.07% | 32,074 NS | July 31, 2026 | N-PORT |
| HCMT · Direxion Shares ETF Trust | 0.06% | 8,025 NS | July 31, 2026 | N-PORT |
| TOK · iShares Trust | 0.06% | 3,016 SH | Sept. 11, 2026 | Daily |
| URTH · iShares, Inc. | 0.06% | 99,010 SH | Sept. 11, 2026 | Daily |
| SPXL · Direxion Shares ETF Trust | 0.06% | 90,134 NS | July 31, 2026 | N-PORT |
| PEVC · Pacer Funds Trust | 0.06% | 32 NS | July 31, 2026 | N-PORT |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.06% | 94,856 SH | Aug. 19, 2026 | Daily |
| ACWI · iShares Trust | 0.05% | 354,142 SH | Sept. 11, 2026 | Daily |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.04% | 948,160 SH | Aug. 19, 2026 | Daily |
| INFO · Harbor ETF Trust | 0.04% | 6,886 NS | July 31, 2026 | N-PORT |
| LGDX · Tidal Trust III | 0.04% | 1,122 NS | July 31, 2026 | N-PORT |
| DYNF · BlackRock ETF Trust | 0.02% | 180,690 SH | Sept. 11, 2026 | Daily |
| BLV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BND · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| VCIT · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VCLT · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VTC · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
| BNDW · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
DVN Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
12-Month Price Target
28 analysts · 2026-10-06Mean target $60.64 +26.3%
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| DVN | · | 8.8 | 7.8% | · | · | · |
| COP | · | 14.7 | 7.7% | 13.6% | 12.3% | · |
| EOG | · | 11.5 | -4.5% | 22.0% | 16.9% | · |
| FANG | $42.78B | 26.2 | 35.8% | 11.1% | 4.5% | · |
| VG | · | 7.9 | 176.9% | 19.9% | 56.7% | · |
| EQT | $33.45B | 16.2 | 63.9% | 23.6% | 9.2% | · |
| TPL | $19.80B | 41.2 | 13.1% | 60.3% | 35.0% | · |
| EXE | $26.40B | 14.6 | 186.3% | 15.0% | 10.0% | · |
| PR | $10.55B | 11.0 | 1.3% | 18.5% | 9.6% | · |
| OVV | $9.93B | 8.2 | -2.7% | 13.9% | 11.5% | · |
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Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
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