UBS Reaffirms Buy on Devon Energy (DVN) as Cost Cuts Accelerate

Devon Energy Corporation (NYSE:DVN) ranks among the stocks with the lowest guardant PE ratios. On January 20, UBS reaffirmed its Buy standing and $46 terms people for Devon Energy Corporation (NYSE:DVN), up of the company’s Q4 2025 earnings. Analyst Josh Silverstein, who boosted the institution backmost successful December arsenic portion of the firm’s 2026 projection, said Devon’s continued cost-cutting inaugural mightiness thrust down 2026/27 expenditure.

UBS expects Devon’s impending results to validate efforts toward these goals and item coagulated operational show that volition prolong volumes astatine the precocious extremity of some lipid and wide accumulation estimates.

Meanwhile, connected January 16, Benchmark maintained its Buy standing connected Devon Energy Corporation (NYSE:DVN), lowering its fourth-quarter EPS projection to $0.73 from $1.01 and EBITDA anticipation to $1.60 cardinal from $1.84 billion, highlighting mark-to-market commodities and pricing disparities.

Benchmark besides expects Devon Energy Corporation (NYSE:DVN) to conscionable the remaining ratio targets, noting that an further $100 cardinal is included successful the 2026 superior expenditure projection.

Devon Energy Corporation (NYSE:DVN) is simply a salient subordinate successful the United States vigor market, specializing successful the exploration, development, and accumulation of oil, earthy gas, and earthy state liquids.

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