Devon Energy Corporation DVN NYSE

Devon Energy Corporation (DVN) generated $1.57B in operating cash flow for quarter ending 2025-12-31. After capital expenditures of $933M, free cash flow was $641M.

Free cash flow margin was 16.3% of revenue. Cash conversion ratio was 2.8x, indicating earnings are backed by cash.

The company returned $149M in dividends and $250M in share buybacks to shareholders during the quarter.

Criteria supported by this page:

• HEALTH (33/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (48/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (70/100) — Cash conversion ratio was 2.8x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 57/100 with 3/7 criteria passed.