Is Devon Energy Corp halal to invest in?

As of July 2026, Devon Energy Corp DVN is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Devon Energy Corp a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Devon Energy Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Devon Energy Corp?

Muslim investors may consider investing in Devon Energy Corp if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Devon Energy Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Devon Energy Corp by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Devon Energy Corp updated?

The Shariah compliance status of Devon Energy Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Devon Energy Corp become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Devon Energy Corp?

You can check the latest Shariah compliance status of Devon Energy Corp on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

DVN Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Devon Energy Corp is classified as not halal.

NOT HALAL

Report Source: 2026 1st Quarter Report

Devon Energy Corp. Stock Analysis DVN

United States Energy Large Cap Report: Q1, 2026

Devon Energy Corp. engages in the exploration, development, and production of oil and natural gas properties. The company is headquartered in Oklahoma City, Oklahoma and currently employs 2,200 full-time employees. The firm is primarily engaged in the exploration, development and production of oil, natural gas and natural gas liquids (NGLs). The company owns a portfolio of assets located in the Delaware Basin, Rockies, Eagle Ford and Anadarko Basin. The Delaware Basin operates in southeast New Mexico and across the state line into west Texas. The company offers exploration and development opportunities from many geologic reservoirs and play types, including the oil-rich Wolfcamp, Bone Spring, Avalon and Delaware formations. Its Rockies development consists of its Williston Basin and Powder River Basin assets. The Eagle Ford operations are located in Texas' DeWitt and Karnes counties. The Anadarko Basin development is located in western Oklahoma. The company has a joint venture with Dow to develop a portion of its Anadarko Basin acreage.

Key Statistics of Devon Energy Corp (DVN)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$44.86$45.74

Today's Open

$45.22

Volume

11.96M

P/E Ratio (TTM)

19.66

52 Week Range

$31.47$52.71

Market Cap

52.35B

Avg. Volume

12.03M

Dividend Yield

1.18%

Financial Metrics & Statements of Devon Energy Corp (DVN)

Super Investors Invested in Devon Energy Corp (DVN)

FAQ's for Devon Energy Corp (DVN)

As of July 2026, Devon Energy Corp DVN is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Devon Energy Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in Devon Energy Corp if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Devon Energy Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Devon Energy Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Devon Energy Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.