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Devon Energy (DVN)
NYSE:DVN
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DVN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$37.77 - $55.09
Previous Close$39.45
Volume7.47M
Average Volume (3M)8.07M
Market Cap
$25.91B
Enterprise Value$35.00B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$8.88B
Price to Earnings (P/E)7.3
Beta0.65
Next Earnings
Feb 18, 2025EPS Estimate
$1.03Next Dividend Ex-Date
Dec 13, 2024Dividend Yield5.17%
Share Statistics
EPS (TTM)5.40
Shares Outstanding656,900,000
10 Day Avg. Volume7,883,226
30 Day Avg. Volume8,073,066
Standard Deviation0.19
R-Squared0.31
Alpha0.00799
Financial Highlights & Ratios
Price to Book (P/B)2.00
Price to Sales (P/S)1.61
Price to Cash Flow (P/CF)4.10
P/FCF Ratio10.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.23
Enterprise Value/Gross Profit6.52
Enterprise Value/Ebitda5.36
Forecast
1Y Price Target
$50.69Price Target Upside28.49% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering17
Devon Energy News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceDevon Energy's financial performance in Q3 exceeded expectations in terms of free cash flow and production volumes.
Operational PerformanceDevon Energy's operational performance in the Delaware region continues to outperform expectations, with oil production significantly exceeding consensus estimates.
Shareholder ReturnsDevon Energy has been actively returning value to shareholders through dividends and share repurchases.
Bears Say
Dividend And Shareholder ReturnsDespite maintaining its quarterly dividend and increasing stock repurchases, the total dividend yield is now much lower than before, and there's hesitancy to ensure a minimum total shareholder payout ratio.
Financial PerformanceOperating expense guidance is significantly higher than previous reports, attributed to a water-handling agreement in the Delaware basin.
Stock Market ImpactThere are approximately 30 million unrestricted private equity-owned shares that could enter the market soon, potentially affecting the stock price.
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Ownership Overview
0.70% Insiders
20.84% Mutual Funds
14.86% Other Institutional Investors
37.27% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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DVN FAQ
What was Devon Energy’s price range in the past 12 months?
Devon Energy lowest stock price was $37.77 and its highest was $55.09 in the past 12 months.
What is Devon Energy’s market cap?
Currently, no data Available
When is Devon Energy’s upcoming earnings report date?
Devon Energy’s upcoming earnings report date is Feb 18, 2025 which is in 86 days.
How were Devon Energy’s earnings last quarter?
Devon Energy released its earnings results on Nov 05, 2024. The company reported $1.1 earnings per share for the quarter, beating the consensus estimate of $1.088 by $0.012.
Is Devon Energy overvalued?
According to Wall Street analysts Devon Energy’s price is currently Undervalued.
Does Devon Energy pay dividends?
Devon Energy pays a Quarterly dividend of $0.22 which represents an annual dividend yield of 5.17%. See more information on Devon Energy dividends here
What is Devon Energy’s EPS estimate?
Devon Energy’s EPS estimate is $1.03.
How many shares outstanding does Devon Energy have?
Devon Energy has 656,900,000 shares outstanding.
What happened to Devon Energy’s price movement after its last earnings report?
Devon Energy reported an EPS of $1.1 in its last earnings report, beating expectations of $1.088. Following the earnings report the stock price went up 1.729%.
Which hedge fund is a major shareholder of Devon Energy?
Among the largest hedge funds holding Devon Energy’s share is Yacktman Asset Management LP. It holds Devon Energy’s shares valued at 93M.
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Devon Energy Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$50.69 (28.49% Upside)
$50.69 (28.49% Upside)
Blogger Sentiment
Bullish
DVN Sentiment 88%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 1.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 2.2%
Last 30 Days ▲ 0.6%
Last 30 Days ▲ 0.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-8.56%
12-Months-Change
Fundamentals
Return on Equity
26.27%
Trailing 12-Months
Asset Growth
24.84%
Trailing 12-Months
Company Description
Devon Energy
Devon Energy Corp. engages in the exploration, development, and production of oil and natural gas properties. It operates through the following geographical segments: U.S., Canada, and EnLink. It develops and operates Delaware Basin, Eagle Ford, Heavy Oil, Baarnett Shale, STACK, and Rockies Oil. The company was founded by J. Larry Nichols and John W. Nichols in 1971 and is headquartered in Oklahoma City, OK.
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DVN Company Deck
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DVN Earnings Call
Q3 2024
0:00 / 0:00
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DVN Revenue Breakdown
71.27% Oil, gas and NGL sales
28.73% Marketing and midstream revenues
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DVN Stock 12 Month Forecast
Average Price Target
$50.69
▲(28.49% Upside)
Technical Analysis
Best Analysts Covering DVN
1 Year
1 Year Success Rate
17/33 ratings generated profit
1 Year Average Return
+70.81%
reiterated a buy rating 18 days ago
Copying Gabriele Sorbara's trades and holding each position for 1 Year would result in 51.52% of your transactions generating a profit, with an average return of +70.81% per trade.
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