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Devon Energy (DVN)

(Delayed Data from NYSE)

$57.69 USD

57.69
17,550,369

-5.43 (-8.60%)

Updated Sep 23, 2022 04:00 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.63%
2Buy18.00%
3Hold9.55%
4Sell5.25%
5Strong Sell2.32%
S&P50010.82%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value A Growth B Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 12% (31 out of 251)

Industry: Oil and Gas - Exploration and Production - United States

Trades from $1

Company Summary

Devon Energy Corporation based in Oklahoma City is an independent energy company engaged primarily in the exploration, development and production of oil and natural gas. The company’s oil and gas operations are mainly concentrated in the onshore areas of North America, primarily in the United States. The company was founded in 1971.

IIn June 2019, Devon completed the sale of substantially all oil and gas assets, as well as operations in Canada. In October 2020, the company completed the sale of Barnett Shale assets. In aggregate, estimated proved reserves associated with these ...

General Information

Devon Energy Corporation

333 WEST SHERIDAN AVENUE

OKLAHOMA CITY, OK 73102

Phone: 405-235-3611

Fax: 405-552-4550

Web: http://www.devonenergy.com

Email: investor.relations@dvn.com

Industry Oil and Gas - Exploration and Production - United States
Sector Oils-Energy
Fiscal Year End December
Last Reported Quarter 6/30/2022
Earnings Date

This is a confirmed date of earnings release. Neither Zacks Investment Research, Inc. nor its Information Providers can guarantee the accuracy, completeness, timeliness, or correct sequencing of any of the Information on the Web site, including, but not limited to Information originated by Zacks Investment Research, Inc, licensed by Zacks Investment Research, Inc. from Information Providers, or gathered by Zacks Investment Research, Inc. from publicly available sources. There may be delays, omissions, or inaccuracies in the Information.

11/1/2022

EPS Information

Current Quarter EPS Consensus Estimate 2.23
Current Year EPS Consensus Estimate 9.24
Estimated Long-Term EPS Growth Rate 53.50
Earnings Date

This is a confirmed date of earnings release. Neither Zacks Investment Research, Inc. nor its Information Providers can guarantee the accuracy, completeness, timeliness, or correct sequencing of any of the Information on the Web site, including, but not limited to Information originated by Zacks Investment Research, Inc, licensed by Zacks Investment Research, Inc. from Information Providers, or gathered by Zacks Investment Research, Inc. from publicly available sources. There may be delays, omissions, or inaccuracies in the Information.

11/1/2022

Price and Volume Information

Zacks Rank Premium
Yesterday's Close 63.12
52 Week High 79.40
52 Week Low 32.26
Beta 2.47
20 Day Moving Average 11,325,935.00
Target Price Consensus 77.28

DVN

% Price Change
4 Week -20.72
12 Week 4.68
YTD 30.97
% Price Change Relative to S&P 500
4 Week -12.90
12 Week 8.43
YTD 81.73
Share Information
Shares Outstanding (millions) 654.80
Market Capitalization (millions) 37,775.41
Short Ratio NA
Last Split Date 11/16/2004
Dividend Information
Dividend Yield 1.25%
Annual Dividend $0.72
Payout Ratio 0.09
Change in Payout Ratio 0.24
Last Dividend Payout / Amount 9/9/2022 / $1.55

Fundamental Ratios

P/E
P/E (F1) 6.25
Trailing 12 Months 8.31
PEG Ratio 0.12
EPS Growth
vs. Previous Year 331.67%
vs. Previous Quarter 37.77%
   
Sales Growth
vs. Previous Year 132.77%
vs. Previous Quarter 47.59%
   
Price Ratios
Price/Book 3.69
Price/Cash Flow 8.67
Price / Sales 2.20
ROE
6/30/22 48.58
3/31/22 36.57
12/31/21 26.76
ROA
6/30/22 21.27
3/31/22 15.88
12/31/21 11.50
Current Ratio
6/30/22 1.55
3/31/22 1.32
12/31/21 1.38
Quick Ratio
6/30/22 1.55
3/31/22 1.32
12/31/21 1.38
Operating Margin
6/30/22 26.95
3/31/22 23.85
12/31/21 19.92
Net Margin
6/30/22 30.65
3/31/22 25.69
12/31/21 23.60
Pre-Tax Margin
6/30/22 37.16
3/31/22 30.01
12/31/21 23.74
Book Value
6/30/22 15.62
3/31/22 14.30
12/31/21 13.88
Inventory Turnover
6/30/22 NA
3/31/22 NA
12/31/21 NA
Debt-to-Equity
6/30/22 0.63
3/31/22 0.69
12/31/21 0.69
Debt to Capital
6/30/22 38.72
3/31/22 40.68
12/31/21 40.82