DVN:NYE-Devon Energy Corporation (USD)

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

Last Closing

USD 52.71

Change

0.00 (0.00)%

Market Cap

USD 23.42B

Volume

4.14M

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: 2024-04-27 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap
COP ConocoPhillips

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CNQ Canadian Natural Resources Ltd

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EOG EOG Resources Inc

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OXY Occidental Petroleum Corporati..

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HES Hess Corporation

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WDS Woodside Energy Group Ltd

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CTRA Coterra Energy Inc

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USD 21.25B
EQT EQT Corporation

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USD 17.67B
MRO Marathon Oil Corporation

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USD 15.34B
OVV Ovintiv Inc

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USD 13.98B

ETFs Containing DVN

PXE Invesco Dynamic Energy Ex.. 5.22 % 0.63 %

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USD 0.15B
OILT Texas Capital Texas Oil I.. 4.83 % 0.00 %

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USD 0.01B
RSPG Invesco S&P 500® Equal.. 4.54 % 0.00 %

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USD 0.60B
IOGP:LSE iShares Oil & Gas Explora.. 4.34 % 0.00 %

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USD 0.32B
SPOG:LSE iShares V Public Limited .. 4.34 % 0.00 %

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USD 0.32B
IS0D:F iShares Oil & Gas Explora.. 4.33 % 0.00 %

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USD 0.32B
IS0D:XETRA iShares Oil & Gas Explora.. 4.33 % 0.00 %

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USD 0.32B
FCG First Trust Natural Gas E.. 3.80 % 0.60 %

N/A

USD 0.42B
UNCU:LSE First Trust US Equity Inc.. 3.13 % 0.00 %

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USD 0.03B
UINC:LSE First Trust US Equity Inc.. 3.10 % 0.00 %

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USD 0.31B
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
PAPI Parametric Equity Premium.. 0.83 % 0.00 %

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USD 0.04B
AVMC Avantis U.S. Mid Cap Equi.. 0.63 % 0.00 %

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USD 0.02B
DRIP Drum Income Plus REIT Plc 0.00 % 0.99 %

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USD 0.05B
FAB First Trust Multi Cap Val.. 0.00 % 0.70 %

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USD 0.15B
FEX First Trust Large Cap Cor.. 0.00 % 0.61 %

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USD 1.17B
FRAK 0.00 % 0.54 %

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FTA First Trust Large Cap Val.. 0.00 % 0.61 %

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USD 1.17B
GASL 0.00 % 1.19 %

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GASX 0.00 % 1.01 %

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GUSH Direxion Daily S&P Oil & .. 0.00 % 1.04 %

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USD 0.51B
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
JAGG 0.00 % 0.07 %

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VRAI Virtus Real Asset Income .. 0.00 % 0.00 %

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USD 0.02B
SPGP Invesco S&P 500 GARP ETF 0.00 % 0.36 %

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USD 4.81B
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 3.64B
OILD MicroSectorsTM Oil & Gas .. 0.00 % 1.24 %

N/A

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

N/A

USD 0.04B
NRGD MicroSectors U.S. Big Oil.. 0.00 % 0.00 %

N/A

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

N/A

USD 2.47B

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 16.36% 62% D 90% A-
Dividend Return 0.49% 25% F 28% F
Total Return 16.84% 62% D 90% A-
Trailing 12 Months  
Capital Gain -1.35% 36% F 35% F
Dividend Return 0.79% 7% C- 8% B-
Total Return -0.56% 33% F 27% F
Trailing 5 Years  
Capital Gain 61.09% 52% F 79% B-
Dividend Return 22.71% 59% D- 78% C+
Total Return 83.80% 57% F 83% B
Average Annual (5 Year Horizon)  
Capital Gain 54.55% 77% C+ 95% A
Dividend Return 60.91% 78% C+ 96% N/A
Total Return 6.36% 74% C 87% B+
Risk Return Profile  
Volatility (Standard Deviation) 105.52% 25% F 7% C-
Risk Adjusted Return 57.72% 63% D 82% B
Market Capitalization 23.42B 91% A- 93% 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 9.12 49% 79%
Price/Book Ratio 2.80 25% 30%
Price / Cash Flow Ratio 5.14 31% 60%
Price/Free Cash Flow Ratio 5.22 45% 64%
Management Effectiveness  
Return on Equity 32.17% 77% 92%
Return on Invested Capital 22.06% 74% 89%
Return on Assets 12.71% 73% 95%
Debt to Equity Ratio 47.03% 50% 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.

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.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

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.