DVN:NYE-Devon Energy Corporation (USD)

EQUITY | Oil & Gas E&P | New York Stock Exchange

Last Closing

USD 49.46

Change

+0.67 (+1.37)%

Market Cap

USD 23.42B

Volume

4.83M

Analyst Target

USD 16.53
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Devon Energy Corporation is an independent energy company engaged in the exploration, development and production of oil, natural gas and NGLs.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-27 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap
COP ConocoPhillips

N/A

USD 156.37B
CNQ Canadian Natural Resources Ltd

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USD 81.98B
EOG EOG Resources Inc

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USD 78.85B
PXD Pioneer Natural Resources Co

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USD 63.73B
OXY Occidental Petroleum Corporati..

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USD 61.39B
HES Hess Corporation

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USD 48.36B
WDS Woodside Energy Group Ltd

N/A

USD 35.86B
CTRA Coterra Energy Inc

N/A

USD 20.50B
MRO Marathon Oil Corporation

N/A

USD 16.75B
EQT EQT Corporation

N/A

USD 16.08B

ETFs Containing DVN

NRGD MicroSectors U.S. Big Oil.. 10.00 % 0.00 %

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USD 0.07B
NRGU MicroSectors U.S. Big Oil.. 10.00 % 0.00 %

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USD 2.47B
RSPG Invesco S&P 500® Equal.. 4.37 % 0.00 %

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USD 0.60B
UNCU:LSE First Trust US Equity Inc.. 3.17 % 0.00 %

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USD 0.29B
NDIV Amplify ETF Trust - Ampli.. 2.39 % 0.00 %

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USD 0.01B
FTDS First Trust Dividend Stre.. 2.39 % 0.00 %

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USD 0.03B
SPGP Invesco S&P 500 GARP ETF 1.94 % 0.36 %

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USD 4.81B
GUSH Direxion Daily S&P Oil & .. 1.29 % 1.04 %

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USD 0.51B
VRAI Virtus Real Asset Income .. 1.18 % 0.00 %

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USD 0.02B
PAPI Parametric Equity Premium.. 1.05 % 0.00 %

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USD 0.04B
FTA First Trust Large Cap Val.. 0.96 % 0.61 %

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USD 1.17B
FEX First Trust Large Cap Cor.. 0.48 % 0.61 %

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USD 1.17B
FAB First Trust Multi Cap Val.. 0.48 % 0.70 %

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USD 0.15B
DRIP Drum Income Plus REIT Plc 0.00 % 0.99 %

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USD 0.05B
FCG First Trust Natural Gas E.. 0.00 % 0.60 %

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USD 0.44B
FRAK 0.00 % 0.54 %

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FXN First Trust Energy AlphaD.. 0.00 % 0.63 %

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USD 0.63B
GASL 0.00 % 1.19 %

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GASX 0.00 % 1.01 %

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IEO 0.00 % 0.42 %

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ONEY SPDR® Russell 1000® Yie.. 0.00 % 0.20 %

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USD 0.78B
PXE Invesco Dynamic Energy Ex.. 0.00 % 0.63 %

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USD 0.15B
JAGG 0.00 % 0.07 %

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BACK:LSE 0.00 % 0.00 %

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SYLD 0.00 % 0.59 %

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XOP SPDR® S&P Oil & Gas Expl.. 0.00 % 0.35 %

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USD 4.27B
OILD MicroSectorsTM Oil & Gas .. 0.00 % 1.24 %

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USD 0.01B
OILU MicroSectorsTM Oil & Gas .. 0.00 % 1.22 %

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USD 0.04B
IOGP:LSE iShares Oil & Gas Explora.. 0.00 % 0.00 %

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USD 0.33B
SPOG:LSE iShares V Public Limited .. 0.00 % 0.00 %

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USD 0.32B
UINC:LSE First Trust US Equity Inc.. 0.00 % 0.00 %

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USD 0.29B
IS0D:F iShares Oil & Gas Explora.. 0.00 % 0.00 %

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USD 0.32B
IS0D:XETRA iShares Oil & Gas Explora.. 0.00 % 0.00 %

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USD 0.32B

Market Performance

  Market Performance vs. Industry/Classification (Oil & Gas E&P) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 9.18% 57% F 74% C
Dividend Return 0.49% 22% F 30% F
Total Return 9.67% 53% F 74% C
Trailing 12 Months  
Capital Gain -0.66% 40% F 27% F
Dividend Return 0.84% 6% D- 9% A-
Total Return 0.18% 35% F 23% F
Trailing 5 Years  
Capital Gain 56.72% 56% F 73% C
Dividend Return 23.54% 53% F 79% B-
Total Return 80.26% 54% F 78% C+
Average Annual (5 Year Horizon)  
Capital Gain 52.83% 76% C+ 95% A
Dividend Return 59.20% 77% C+ 96% N/A
Total Return 6.37% 73% C 88% B+
Risk Return Profile  
Volatility (Standard Deviation) 107.07% 27% F 7% C-
Risk Adjusted Return 55.29% 66% D+ 82% B
Market Capitalization 23.42B 92% A 92% A

Key Financial Ratios

  Ratio vs. Industry/Classification (Oil & Gas E&P) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 7.60 62% 84%
Price/Book Ratio 2.36 30% 36%
Price / Cash Flow Ratio 4.35 43% 64%
Price/Free Cash Flow Ratio 4.51 44% 66%
Management Effectiveness  
Return on Equity 32.17% 78% 92%
Return on Invested Capital 20.92% 66% 87%
Return on Assets 12.71% 72% 95%
Debt to Equity Ratio 47.03% 41% 63%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.