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Devon Energy (DVN)
NYSE:DVN
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DVN Stock Chart & Stats
Day’s Range― - ―
52-Week Range$30.39 - $55.09
Previous CloseN/A
Volume3.11M
Average Volume (3M)11.67M
Market Cap
$23.62B
Enterprise Value$33.17B
Total Cash (Recent Filing)$1.96B
Total Debt (Recent Filing)$10.15B
Price to Earnings (P/E)6.7
Beta0.53
Next Earnings
Feb 18, 2025EPS Estimate
1.01Last Dividend Ex-Date
Dec 13, 2024Dividend Yield4.03%
Share Statistics
EPS (TTM)5.40
Shares Outstanding656,900,000
10 Day Avg. Volume10,384,007
30 Day Avg. Volume11,668,542
Standard Deviation0.19
R-Squared0.31
Alpha0.00240
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.63
Price to Cash Flow (P/CF)3.60
P/FCF Ratio7.20
Enterprise Value/Market Cap1.40
Enterprise Value/Revenue2.11
Enterprise Value/Gross Profit6.18
Enterprise Value/Ebitda5.08
Forecast
1Y Price Target
$48.71Price Target Upside38.97% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering22
Devon Energy News
Bulls Say, Bears Say
Bulls Say
Leadership TransitionA smooth leadership transition is ensured as the current COO, Clay Gaspar, will succeed Rick Muncrief as CEO, continuing the company's current strategy.
Operational PerformanceStrong operational momentum, particularly in the Permian, is expected to drive volumes toward the high end of guidance.
Production And Financial PerformanceDevon Energy's financial performance in Q3 exceeded expectations in terms of free cash flow and production volumes.
Bears Say
Dividend And Shareholder ReturnsFor the first time since merging with WPX, Devon did not pay a variable dividend, and buybacks and fixed dividends fell short of the cash returns target.
Financial PerformanceOperating expense guidance is significantly higher than previous reports, attributed to a water-handling agreement in the Delaware basin.
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
20.44% Mutual Funds
0.34% Other Institutional Investors
53.60% 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 $30.39 and its highest was $55.09 in the past 12 months.
What is Devon Energy’s market cap?
Devon Energy’s market cap is $23.62B.
When is Devon Energy’s upcoming earnings report date?
Devon Energy’s upcoming earnings report date is Feb 18, 2025 which is in 18 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 $1.446 which represents an annual dividend yield of 4.03%. See more information on Devon Energy dividends here
What is Devon Energy’s EPS estimate?
Devon Energy’s EPS estimate is 1.01.
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 1.714%.
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:
$48.71 (38.97% Upside)
$48.71 (38.97% Upside)
Blogger Sentiment
Bullish
DVN Sentiment 84%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 1.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.5%
Last 30 Days ▲ 1.3%
Last 30 Days ▲ 1.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-10.56%
12-Months-Change
Fundamentals
Return on Equity
23842.54%
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
Earnings Call Sentiment|Positive
Devon Energy demonstrated strong operational and financial performance with record production and successful acquisitions. However, challenges remain with gas pricing and a strategic decision to suspend the variable dividend. The sentiment reflects a positive outlook with cautious financial management.Read More>---
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
$48.71
▲(38.97% Upside)
Technical Analysis
Best Analysts Covering DVN
1 Year
1 Year Success Rate
16/25 ratings generated profit
1 Year Average Return
+86.31%
reiterated a buy rating 9 days ago
Copying John Freeman's trades and holding each position for 1 Year would result in 64.00% of your transactions generating a profit, with an average return of +86.31% per trade.
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