Enterprise Value (EV): $33.38B
The enterprise value (EV) is $33.38B as of Monday, June 29, 2026.
DVN Enterprise Value (EV) Metrics
ENTERPRISE VALUE (EV)
$33.38B
DVN Competitors' Enterprise Value (EV)
| NAME | MARKET CAP | ENTERPRISE VALUE (EV) |
|---|---|---|
| Devon Energy Corporation (DVN) | $26.23B | $33.38B |
| First Solar, Inc. (FSLR)vs › | $25.69B | $23.75B |
| Texas Pacific Land Corporation (TPL)vs › | $27.30B | $27.07B |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | $27.75B |
| Halliburton Company (HAL)vs › | $28.58B | $34.66B |
| Tenaris S.A. (TS)vs › | $30.06B | $29.39B |
| Expand Energy Corporation (EXE)vs › | $21.16B | $24.00B |
| EQT Corporation (EQT)vs › | $32.96B | $38.36B |
| APA Corporation (APA)vs › | $11.67B | $15.91B |
| Antero Midstream Corporation (AM)vs › | $11.01B | $14.73B |
Enterprise Value Calculation
Market Cap
$26.23B
Total Debt
$8.59B
Cash
$1.43B
Enterprise Value
$33.38B
EV-Based Valuation Multiples
Why use EV instead of Market Cap?
- EV accounts for debt - an acquirer must pay or assume it
- EV deducts cash - the acquirer effectively receives it
- EV enables fair comparison of companies with different capital structures
- EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral
Enterprise Value (EV) Formula & Definition
Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Enterprise Value (EV) FAQ
- What is the enterprise value (EV) for Devon Energy Corporation (DVN)?
- The enterprise value (EV) for DVN stock is $33.38B.
Related Metrics
About Devon Energy Corporation
As an independent energy producer, Devon Energy Corporation primarily focuses on the exploration, development, and extraction of oil, natural gas, and natural gas liquids within the United States. The company manages roughly 5,134 gross wells. Established in 1971, its corporate headquarters are located in Oklahoma City, Oklahoma.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Clay Gaspar