A month has gone by since the last earnings report for Devon Energy (DVN). Shares have added about 4.2% in that time frame, underperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Devon Energy due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.
How Have Estimates Been Moving Since Then?
It turns out, fresh estimates have trended downward during the past month.
The consensus estimate has shifted -13.65% due to these changes.
VGM Scores
Currently, Devon Energy has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a grade of A on the value side, putting it in the top quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Devon Energy has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry Player
Devon Energy is part of the Zacks Oil and Gas - Exploration and Production - United States industry. Over the past month, Viper Energy Partners (VNOM), a stock from the same industry, has gained 2%. The company reported its results for the quarter ended March 2025 more than a month ago.
Viper Energy reported revenues of $245 million in the last reported quarter, representing a year-over-year change of +19.3%. EPS of $0.54 for the same period compares with $0.52 a year ago.
Viper Energy is expected to post earnings of $0.35 per share for the current quarter, representing a year-over-year change of -42.6%. Over the last 30 days, the Zacks Consensus Estimate has changed -10.3%.
The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Viper Energy. Also, the stock has a VGM Score of D.
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Devon Energy Corporation (DVN): Free Stock Analysis Report Viper Energy Inc. (VNOM): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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