Devon EnergyMEX:DVN 80 Market Cap is MXN848,474 Mil as of Jun. 30, 2026. GuruFocus rates MEX:DVN with a GF Score™ of 80/100 and a GF Value™ of MXN878.39 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,045 Oil & Gas companies, Devon Energy ranks better than 96.46% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Devon Energy's share price for the quarter that ended in Mar. 2026 was MXN880. Devon Energy's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 621 Mil. Therefore, Devon Energy's market cap for the quarter that ended in Mar. 2026 was MXN546,865 Mil.
Devon Energy's quarterly market cap
declined
from Sep. 2025 (MXN404,447 Mil) to Dec. 2025 (MXN404,300 Mil) but then
increased
from Dec. 2025 (MXN404,300 Mil) to Mar. 2026 (MXN546,865 Mil).
Devon Energy's annual market cap
declined
from Dec. 2023 (MXN486,946 Mil) to Dec. 2024 (MXN426,412 Mil) and
declined
from Dec. 2024 (MXN426,412 Mil) to Dec. 2025 (MXN404,300 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Devon Energy's Enterprise Value for Today is MXN967,201 Mil.
Devon Energy (MEX:DVN) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Devon Energy Market Cap Related Terms
Devon Energy Market Cap Historical Data
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The historical data trend for Devon Energy's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas E&P subindustry, Devon Energy's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Devon Energy Market Cap vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Devon Energy's Market Cap distribution charts can be found below:
* The bar in red indicates where Devon Energy's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Devon Energy's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Devon Energy (MEX:DVN) has a Market Cap of MXN848,474 Mil as of Jun. 30, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Devon Energy and its competitors. According to the industry distribution chart, Devon Energy ranks #37 out of 1045 companies in the Oil & Gas industry, placing it in the top 3.5%.
Is Devon Energy's Market Cap too high?
Devon Energy's current Market Cap is MXN848,474 Mil. Based on the distribution chart, Devon Energy ranks #37 out of 1045 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Devon Energy has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Devon Energy's Market Cap compare to OXY and FANG?
According to the Oil & Gas industry distribution chart, Devon Energy ranks #37 out of 1045 companies for Market Cap. This places Devon Energy in the top 4% of its industry — outperforming the majority of peers. The industry median Market Cap is 214.93. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Oil & Gas company?
The median Market Cap among Oil & Gas companies is 214.93, based on 1,045 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Devon Energy and its competitors. For the Oil & Gas industry, the median Market Cap is 214.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Devon Energy's current Market Cap is MXN848,474 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Devon Energy stock overvalued right now?
Based on GuruFocus' analysis, Devon Energy (MEX:DVN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN878.39, compared to a current price of MXN734.00 — trading 16.4% below its estimated fair value. The current Market Cap is MXN848,474 Mil. Devon Energy's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Devon Energy (MEX:DVN), the current Market Cap is MXN848,474 Mil as of Jun. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Devon Energy (MEX:DVN) Overvalued in 2026?
Based on GuruFocus' analysis, Devon Energy stock appears to be undervalued.
The current stock price of MXN734.00 is trading 16.4% below its estimated GF Value™ of MXN878.39.
GuruFocus considers Devon Energy to be Modestly Undervalued.
Key valuation signals for MEX:DVN:
Market Cap: MXN848,474 Mil
GF Value™: MXN878.39 vs. price of MXN734.00 (16.4% below fair value)
No single metric tells the full story. See the MEX:DVN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two-thirds of its production comes from the Permian Basin, it also holds a meaningful presence in the Anadarko, Eagle Ford, and Bakken basins. After the merger with Coterra, it will have a foothold in the gas-driven Appalachian Basin as well. At the end of 2025, Devon reported net proved reserves of 2.4 billion barrels of oil equivalent, up from 2.2 billion in 2024. Net production averaged roughly 840,000 barrels of oil equivalent per day in 2025 at a ratio of 73% oil and natural gas liquids and 27% natural gas.
80GF Score
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