- Previous Close
41.79 - Open
42.40 - Bid 42.22 x 900
- Ask 42.25 x 900
- Day's Range
41.86 - 42.54 - 52 Week Range
37.77 - 55.09 - Volume
9,255,491 - Avg. Volume
7,237,578 - Market Cap (intraday)
28.142B - Beta (5Y Monthly) 2.06
- PE Ratio (TTM)
7.67 - EPS (TTM)
5.53 - Earnings Date Nov 5, 2024
- Forward Dividend & Yield 2.00 (4.79%)
- Ex-Dividend Date Sep 13, 2024
- 1y Target Est
53.03
Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Eagle Ford, Anadarko, Williston, and Powder River Basins. The company was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.
www.devonenergy.comRecent News: DVN
View MorePerformance Overview: DVN
Trailing total returns as of 10/4/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: DVN
View MoreValuation Measures
Market Cap
27.72B
Enterprise Value
33.01B
Trailing P/E
7.56
Forward P/E
8.43
PEG Ratio (5yr expected)
15.20
Price/Sales (ttm)
1.71
Price/Book (mrq)
2.21
Enterprise Value/Revenue
2.13
Enterprise Value/EBITDA
4.43
Financial Highlights
Profitability and Income Statement
Profit Margin
23.74%
Return on Assets (ttm)
11.97%
Return on Equity (ttm)
29.69%
Revenue (ttm)
14.75B
Net Income Avi to Common (ttm)
3.51B
Diluted EPS (ttm)
5.53
Balance Sheet and Cash Flow
Total Cash (mrq)
1.14B
Total Debt/Equity (mrq)
51.08%
Levered Free Cash Flow (ttm)
1.95B
Research Analysis: DVN
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Research Reports: DVN
View MoreDevon Earnings: Healthy Operational Results Contribute to Production Guidance Boost
Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two thirds of its production comes from the Permian Basin, it also holds a meaningful presence in the Anadarko, Eagle Ford, and Bakken basins. At the end of 2023, Devon reported net proved reserves of 1.8 billion barrels of oil equivalent. Net production averaged roughly 658,000 barrels of oil equivalent per day in 2023 at a ratio of 73% oil and natural gas liquids and 27% natural gas.
RatingPrice TargetRaising earnings estimates
Devon Energy, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and NGLs in the United States. It operates in the Delaware, Eagle Ford, Anadarko, Williston, and Powder River Basins. The company was founded in 1971 and is headquartered in Oklahoma City, Oklahoma. The company has approximately 1,900 employees.
RatingPrice TargetMarkets are flat at midday, though the Nasdaq is making a push higher. Calm
Markets are flat at midday, though the Nasdaq is making a push higher. Calm waters on a Monday feels good after last week's turbulence. It is a busy week. On Wednesday, CPI data comes out. We see July matching June. That's 3.0% for overall inflation and 3.1% for Core inflation, which takes out energy and food prices. Thursday will be important for signals on how consumers are holding up. Retail Sales data is due and earnings from mega-giant retailer, Walmart.
Mid Cap U.S. Pick List August 2024
This pick list highlights constituents of the Morningstar US Mid Cap Index that we believe offer investors the best risk-adjusted return prospects. The market capitalization range for U.S. mid-caps typically falls between $1 billion and $8 billion and represents 20% of the total capitalization of the U.S. equity market.