- Oil & Gas Exploration & Production
- Energy
-
5.32
EPS
-
7.79
P/E
-
26B
MARKET CAP
-
4.94%
DIV YIELD
Company Overview
333 W. SHERIDAN AVENUE,OKLAHOMA CITY OK 73102,4055528183
CEO
Mr. Richard E. Muncrief
Employess
1900
Sector
Energy
Industry
Oil & Gas Exploration & Production
Website
https://www.devonenergy.com
Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 5,134 gross wells. Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.
Next Earnings Date
Nov. 5, 2024
Ex Dividends date
Jun. 28, 2024
Dividend Date
June 14, 2024
YTD Performance
-9.51%
Fiscal Year End
12-31
IPO Date
1985-07-22
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 3.83% | 7.12% | 46.37% | -21.02% |
EPS | 61.52% | -0.93% | 42.08% | -35.96% |
Equity | -5.17% | 5.60% | 61.09% | 8.01% |
Cash | -17.60% | -18.37% | -26.87% | -39.82% |
Return On Capital (ROIC) | 0.75% | 15.45% | 25.57% | 21.48% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 516 | 251 | 26 | 9 | 17 |
Long Term Debt | 5,670 | 6,450 | 6,730 | 4,540 | 4,540 |
LT Finance Leases | 295 | 257 | 252 | 246 | 244 |
Shares Outstanding | 639 | 651 | 663 | 377 | 401 |
Market Cap | 28,900 | 40,000 | 29,200 | 5,960 | 10,400 |
Price
News
Can These 3 Energy Stocks Surpass Q2 Earnings Predictions?
1 monthWith favorable oil prices, energy companies' upstream business scenario is likely to have benefited. Let's see how Devon (DVN), Marathon (MPC) and W&T Offshore (WTI) are placed ahead of Q2 earnings.
zacks.comDevon Energy Looks Interesting Heading Into Earnings
2 monthsDevon Energy shares have dropped significantly since October 2022, but are trading at less than 10 times earnings with a 19.3% FCF yield. The acquisition of Grayson Mill assets is expected to boost DVN's production, earnings, and FCF, making it one of the largest domestic onshore upstream producers. DVN's valuation is cheap, trading at 7.92 times 2024 earnings and almost yielding 5% on the dividend, making it an attractive investment opportunity.
seekingalpha.comQ3's Rising Stars: 3 Energy Stocks for Your Must-Watch List
2 monthsThe United States' switch from fossil fuels to green energy has been a hot-button issue for years. However, how fast those changes are implemented will depend on the government's policies.
investorplace.comDevon's (DVN) Pre-Q2 Earnings Analysis: Should You Buy or Hold?
2 monthsDevon Energy's (DVN) second-quarter earnings are expected to have gained from strong production from its multi-basin portfolio. Cost management and share buybacks are also likely to have aided earnings.
zacks.comDevon Energy (DVN) Advances While Market Declines: Some Information for Investors
2 monthsDevon Energy (DVN) closed at $46.17 in the latest trading session, marking a +1.05% move from the prior day.
zacks.comDevon Energy (DVN) Reports Next Week: Wall Street Expects Earnings Growth
2 monthsDevon Energy (DVN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.comCoca-Cola Is a Rock-Solid Dividend Stock, but So Are These High-Yield Stocks That Are Down Between 13% and 30% Over the Last Year
2 monthsUPS now yields over 5%. Devon Energy is poised to generate significant cash flow in the future.
fool.com10 Beaten-Up Blue Chips With Serious Turnaround Potential
2 monthsHere is my list of blue-chip stocks to research for a buy-on-weakness strategy. Each has the potential to dip by -10% to -20%, given the July S&P 500 correction expands into a more serious bear market. The goal is to purchase stocks at low future PEG Ratios and EV to EBITDA readings for +50% to +100% total returns by the end of 2025.
seekingalpha.comHere is What to Know Beyond Why Devon Energy Corporation (DVN) is a Trending Stock
2 monthsDevon Energy (DVN) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
zacks.comDevon Energy Publishes 2024 Sustainability Report
2 monthsOKLAHOMA CITY, July 25, 2024 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN), a leading U.S. independent oil and natural gas producer, today announced the release of its 2024 Sustainability Report. The report highlights the company's efforts to deliver industry-leading results while being a good neighbor, valued community partner, responsible environmental steward and supportive employer.
globenewswire.comIs Devon Energy (DVN) a Buy as Wall Street Analysts Look Optimistic?
2 monthsThe recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
zacks.comDevon Energy (DVN) Stock Declines While Market Improves: Some Information for Investors
2 monthsIn the closing of the recent trading day, Devon Energy (DVN) stood at $46.80, denoting a -1.97% change from the preceding trading day.
zacks.com