DVN

Stock

Devon Energy Corporation

Rare

Rare — pay attention.

Devon Energy Corporation is 46.7% off its high, 6624 days in — deeper than the vast majority of its 109 recorded drawdowns. This is the kind of decline the severity score exists to flag.

Price $42.02 · as of Jul 9, 2026All-time high $78.84Drawdown -46.7%Severity Score™ 7.9
🔴

Very Strong

Current Drawdown

-46.7%

Days in Drawdown

6624

Avg Max Drawdown

8.1%

Avg Length

73

Drawdown Severity Score™

7.9

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.

Valuation vs Its Own History

Data as of July 8, 2026 · updated daily

Where today's valuation sits within DVN's own multi-year range. A lower percentile means today's ratio is lower than more of its past readings. This is context, not a recommendation.

Price to Sales

1.6xBelow Typical · 30th percentile
Low: 0.36xMedian: 2.1xHigh: 4.8x

20 years of daily history

66.7% below its highest Price to Sales reading · 6.1x typical multiple drawdown · high date March 22, 2011

Price to Sales history

EV to EBITDA

5.0xTypical Range · 41st percentile
Low: 2.1xMedian: 5.4xHigh: 55.5x

20 years of daily history

91.1% below its highest EV to EBITDA reading · 8.7x typical multiple drawdown · high date May 6, 2009

EV to EBITDA history · log scale

How we measure valuation

Devon Energy Corporation (DVN) Analysis: Current Drawdown Insights

Devon Energy Corporation is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-09, the stock is trading at $42.02, which represents a 46.7% decline from its all-time high of $78.84. This drawdown has persisted for 6624 days.

Based on its full tracked price history, 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 its tracked history. The largest drawdown on record for Devon Energy Corporation was 80.3%, beginning in 1985. The longest drawdown duration on record was 1326 days.

The Drawdown Severity Score™ for Devon Energy Corporation currently stands at 7.92. 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 in its tracked history.

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 is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 109 tracked pullbacks (65 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2008-05-20Ongoing6624 days-46.7%$78.84$42.02n/a
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
2001-03-122004-06-231199 days-52.8%$20.10$9.49$20.76
2000-10-132001-03-08147 days-23.0%$19.39$14.92$19.80
2000-06-152000-08-2370 days-28.5%$18.20$13.01$18.76
1997-10-142000-03-31900 days-57.1%$14.43$6.19$14.69
1997-01-151997-08-04201 days-26.7%$11.35$8.32$11.66
1996-12-041997-01-0937 days-13.8%$10.89$9.38$11.13
1996-07-121996-10-1495 days-15.7%$7.99$6.73$8.07
1993-07-021996-07-101105 days-37.9%$7.86$4.88$7.99
1993-03-291993-06-0265 days-17.6%$7.01$5.78$7.19
1992-09-181993-01-26131 days-15.7%$4.61$3.89$4.65
1990-09-261992-08-31706 days-49.2%$4.43$2.25$4.43
1990-08-151990-09-2138 days-19.0%$4.40$3.56$4.40
1989-12-131990-08-02232 days-23.3%$4.21$3.23$4.21
1989-07-281989-10-0368 days-13.5%$2.69$2.32$2.69
1985-12-091989-07-271326 days-80.3%$2.58$0.51$2.69

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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Or explore current drawdowns:

Devon Energy Corporation (DVN) is trading at $42.02 as of Jul 9, 2026. It is 46.7% below its high of $78.84. The drawdown has lasted 6,624 days. Severity score: 7.9 (Very Strong).

DVN Price History and Drawdown Data

Latest price

$42.02

High-water mark

$78.84

Current drawdown

-46.7%

Days in drawdown

6,624

This DVN page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Devon Energy Corporation drawdowns.

What History Says About DVN

Devon Energy Corporation has dropped 20%+ from its high 10 times in its tracked history. These events lasted an average of 623 days with an average max drop of -40.8%.

The current drawdown of -46.7% has lasted 6,624 days, which is 10.6x the average duration of comparable events.

PeriodMax DropDuration
Dec 1985 to Jul 1989-80.3%1326 days
Oct 1997 to Mar 2000-57.1%900 days
Mar 2001 to Jun 2004-52.8%1199 days
Sep 1990 to Aug 1992-49.2%706 days
Jul 1993 to Jul 1996-37.9%1105 days
Sep 2005 to Sep 2006-29.7%341 days

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