Devon Energy (DVN 2.79%) has just reported earnings, and the results are excellent. The company beat analysts' expectations on normalized earnings per share by $0.27 and revenue expectations by 14%. With many considering this stock to be undervalued on the market, do these numbers mean it's time to get in on Devon's upside? In this video, Motley Fool energy analysts Joel South and Taylor Muckerman discuss Devon Energy and tell investors how the company is hitting several of its goals, including a big focus on growth in its high-margin oil plays and major reductions in the company's debt.
Strong Quarter for This Undervalued Oil and Natural Gas Company
By Joel South and Taylor Muckerman – Aug 7, 2013 at 5:30PM
NYSE: DVN
Devon Energy
Market Cap
$21B
Today's Change
(-2.79%) $0.92
Current Price
$32.01
Price as of October 28, 2025 at 4:00 PM ET
After these earnings, is this undervalued energy play a potential big win for investors?
About the Author
Joel is a University of Washington graduate and covers energy and materials for The Motley Fool. Be sure to follow The Motley Fool's energy and materials Twitter for all your energy and materials coverage.
Follow @tmfenergy