Devon Energy Corporation drawdown: 59.6% below the all-time high
Devon Energy Corporation is 59.6% below its all-time high, set May 20, 2008 (as of market close, Sep 11, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −59.6%
- 40.4% of ATH
- All-time high
- $124.36
- May 20, 2008
- Time below the high
- 18.3 yrs
- since May 20, 2008
- Worst-ever drawdown
- −95.6%
- Mar 18, 2020
- Longest underwater
- 18.3 yrs
- between all-time highs
- Today's level first reached
- Jun 23, 2005
- 21.2 yrs ago
- Last time this deep
- Sep 28, 1988
- in a previous episode
% of all-time high since 1985#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| May 20, 2008 | Mar 18, 2020 | −95.6% | 11.8 yrs | not yet | 18.3 yrs+ |
| Aug 7, 1985 | Jul 26, 1988 | −81.9% | 3.0 yrs | Nov 30, 1989 | 4.3 yrs |
| Oct 13, 1997 | Feb 17, 1999 | −57.4% | 16 mo | Mar 31, 2000 | 2.5 yrs |
| Mar 9, 2001 | Sep 26, 2001 | −53.0% | 7 mo | Jun 23, 2004 | 3.3 yrs |
| Aug 30, 1990 | Jan 23, 1992 | −39.8% | 17 mo | Jul 15, 1992 | 1.9 yrs |
| Jul 1, 1993 | Dec 28, 1994 | −38.4% | 18 mo | Jul 10, 1996 | 3.0 yrs |
| Sep 29, 2005 | Jun 13, 2006 | −30.0% | 8 mo | Sep 5, 2006 | 11 mo |
| Jun 14, 2000 | Jul 25, 2000 | −28.5% | 41 days | Aug 23, 2000 | 2 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 1985: how far Devon Energy Corporation stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is Devon Energy Corporation from its all-time high?
- Devon Energy Corporation is currently 59.6% below its all-time high, set May 20, 2008 (as of market close, Sep 11, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Devon Energy Corporation drawdown ever?
- The deepest decline on record in our data (since 1985) took Devon Energy Corporation 95.6% below its prior high, bottoming Mar 18, 2020. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from DVN; no free deep history exists for Devon Energy Corporation — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.