
Devon Energy (DVN) Financial Forecast Calculator
Interactive 5-year forecast and DCF for Devon Energy. Adjust revenue growth, gross margin, capex intensity, WACC, and terminal growth - see revenue, free cash flow, and enterprise value update in real time. Seeded from Devon Energy’s most recent SEC filings.
Assumptions
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Keep iterating on the Devon Energy forecast in Excel. The downloadable sample has every assumption you see here plus a fully integrated income statement, balance sheet, cash flow, and debt schedule - five years of SEC historicals and live formulas in a fully editable workbook.



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Frequently asked
What is Devon Energy's primary business focus?+
Devon Energy Corporation is a leading independent oil and natural gas exploration and production company, focused entirely on onshore operations within the United States. It operates a multi-basin portfolio, with its most capital-intensive acreage in the Delaware Basin, complemented by positions in other key shale plays.
How does Devon Energy generate its revenue?+
Devon Energy generates approximately 70% of its total revenues from Oil, Gas, and NGL Sales. The remaining 30% comes from Marketing and Midstream Revenues, with all revenue generated within the United States.
What is Devon Energy's typical capital expenditure as a percentage of revenue?+
Devon Energy's capital expenditure typically ranges from 20% to 25% of its revenue, though this percentage can fluctuate based on commodity prices. A significant portion, approximately 70% to 80%, is dedicated to maintenance capex to offset natural production declines.
What major strategic moves has Devon Energy made recently to drive growth?+
Devon Energy has been a transformational acquirer, merging with WPX Energy in 2021 and acquiring Grayson Mill Energy in late 2024. The company also announced a definitive agreement to merge with Coterra Energy in early 2026, aiming to create a premier shale operator.
What is the purpose of the financial model available for Devon Energy?+
The financial model for Devon Energy provides a comprehensive equity valuation and commodity price scenario analysis. It enables analysts to forecast free cash flow generation, assess dividend sustainability, and evaluate the pro-forma impact of recent acquisitions.
Where can I find a financial model for Devon Energy to analyze its future performance?+
A downloadable Excel model is available for Devon Energy, which forecasts financial performance from FY2026 through FY2030. This general corporate model allows for detailed analysis of the company's future financial outlook.
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