DVN

Stock

Devon Energy Corporation

Price

$43.67

as of Feb 23, 2026

All Time High: $78.84

🔴

Very Strong

Current Drawdown

-44.6%

Days in Drawdown

6460

Avg Max Drawdown

8.1%

Avg Length

73

Drawdown Severity Score™

7.6

DVN - Price & High Water Mark

DVN - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Devon Energy Corporation (DVN) Analysis: Current Drawdown Insights

Devon Energy Corporation is currently experiencing an unusual drawdown opportunity. As of 2026-02-23, the stock is trading at $43.67, which represents a 44.6% decline from its all-time high of $78.84. This drawdown has persisted for 6460 days.

Based on comprehensive historical analysis spanning 14 years, Devon Energy Corporation typically experiences drawdowns averaging 8.1% in depth, with an average duration of 73 days. Devon Energy Corporation has gone through 109 total drawdown events in the last 14 years. The largest drawdown for Devon Energy Corporation in the last 14 years was 29.7%. The longest drawdown duration in its history was 341 days.

The Drawdown Severity Score™ for Devon Energy Corporation currently stands at 7.56. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 5.0 and 8.0 indicates a rare, significant drawdown—the asset seldom sees declines at this level. This may represent a buying opportunity for value-focused investors with strong conviction.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns—periods when the price declines from all-time highs before recovering. By analyzing Devon Energy Corporation's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that may represent a buying opportunity.

📜 Historical Drawdown Events

Current drawdown shown in blue. Complete record of all 109 historical pullbacks below.

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2008-06-17Ongoing6460 days-44.6%$78.84$43.67
2008-04-232008-05-1624 days-9.0%$76.63$69.71$76.95
2008-04-172008-04-182 days-0.4%$73.94$73.63$75.06
2008-04-102008-04-145 days-2.5%$71.03$69.27$71.04
2008-03-272008-04-0712 days-3.3%$68.21$65.94$68.75
2008-02-292008-03-2626 days-8.9%$67.02$61.04$68.21
2008-02-272008-02-282 days-1.9%$64.88$63.62$67.02
2008-02-212008-02-255 days-3.7%$62.93$60.60$63.88
2008-02-122008-02-198 days-1.8%$59.21$58.14$60.80
2007-10-302008-02-11105 days-15.1%$59.00$50.11$59.21
2007-10-192007-10-268 days-5.5%$57.12$53.96$58.81
2007-10-172007-10-182 days-0.2%$56.77$56.64$57.12
2007-10-082007-10-103 days-1.9%$54.43$53.39$54.93
2007-09-242007-10-0411 days-3.6%$53.53$51.60$54.15
2007-06-192007-09-1993 days-12.8%$52.61$45.86$52.64
2007-06-062007-06-149 days-2.4%$50.38$49.17$50.84
2007-05-222007-06-0414 days-3.7%$49.69$47.83$50.17
2007-05-152007-05-173 days-1.3%$47.78$47.17$48.14
2007-05-042007-05-1411 days-3.4%$47.76$46.13$47.78
2007-04-162007-05-0318 days-4.2%$47.22$45.26$47.76
2007-04-112007-04-122 days-1.0%$46.65$46.18$47.12
2006-12-062007-04-10125 days-14.2%$46.37$39.79$46.65
2006-12-042006-12-052 days-0.7%$46.08$45.77$46.37
2006-09-062006-11-2985 days-17.8%$45.11$37.08$45.55
2005-09-302006-09-05341 days-29.7%$43.65$30.70$45.11
2005-09-222005-09-276 days-3.6%$41.78$40.27$41.85
2005-09-122005-09-198 days-2.9%$39.96$38.81$40.54
2005-09-022005-09-076 days-2.4%$38.66$37.73$38.71
2005-08-122005-08-3120 days-7.6%$37.48$34.61$37.75
2005-08-092005-08-102 days-1.0%$36.80$36.43$37.25
2005-08-032005-08-086 days-0.3%$35.89$35.78$36.80
2005-07-132005-07-2210 days-6.4%$34.32$32.14$34.33
2005-07-082005-07-125 days-0.9%$33.87$33.56$34.32
2005-07-062005-07-072 days-1.7%$33.59$33.02$33.87
2005-06-282005-07-014 days-3.3%$32.32$31.24$32.74
2005-06-242005-06-274 days-1.0%$32.14$31.82$32.32
2005-06-212005-06-233 days-1.7%$30.87$30.36$32.14
2005-04-042005-06-2078 days-15.6%$30.73$25.95$30.87
2005-03-082005-04-0125 days-6.8%$30.03$28.00$30.73
2005-02-282005-03-034 days-4.7%$29.40$28.02$29.63
2005-02-172005-02-182 days-2.3%$27.00$26.37$27.01
2005-02-032005-02-1614 days-5.5%$26.35$24.90$27.00
2004-12-012005-02-0163 days-11.5%$25.62$22.66$25.71
2004-11-292004-11-302 days-0.8%$25.52$25.32$25.62
2004-10-272004-11-2227 days-6.0%$23.97$22.53$24.43
2004-10-112004-10-2111 days-4.0%$23.22$22.31$23.27
2004-09-282004-10-069 days-4.3%$22.84$21.86$23.21
2004-09-222004-09-232 days-0.4%$22.43$22.35$22.50
2004-08-042004-09-2048 days-8.8%$21.77$19.84$21.98
2004-07-192004-08-0316 days-4.3%$21.74$20.81$21.77
2004-07-152004-07-162 days-0.1%$21.59$21.56$21.74

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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