NYSE
DVN

Devon Energy Corporation

Oil & Gas E&P
Energy

Prices are adjusted according to historical splits.

Devon Energy Corporation Stock Price

Vitals

Today's Low:
$51.2
Today's High:
$52.01
Open Price:
$51.35
52W Low:
$44.03
52W High:
$76.8356
Prev. Close:
$50.78
Volume:
8118082

Company Statistics

Market Cap.:
$31.04 billion
Book Value:
17.034
Revenue TTM:
$18.18 billion
Operating Margin TTM:
43.96%
Gross Profit TTM:
$11.33 billion
Profit Margin:
33.13%
Return on Assets TTM:
22.1%
Return on Equity TTM:
58.87%

Company Profile

Devon Energy Corporation had its IPO on 1992-03-17 under the ticker symbol DVN.

The company operates in the Energy sector and Oil & Gas E&P industry. Devon Energy Corporation has a staff strength of 1,800 employees.

Stock update

Shares of Devon Energy Corporation opened at $51.35 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $51.2 - $52.01, and closed at $51.39.

This is a +1.2% increase from the previous day's closing price.

A total volume of 8,118,082 shares were traded at the close of the day’s session.

In the last one week, shares of Devon Energy Corporation have slipped by -2.89%.

Devon Energy Corporation's Key Ratios

Devon Energy Corporation has a market cap of $31.04 billion, indicating a price to book ratio of 3.7227 and a price to sales ratio of 2.1429.

In the last 12-months Devon Energy Corporation’s revenue was $18.18 billion with a gross profit of $11.33 billion and an EBITDA of $10.38 billion. The EBITDA ratio measures Devon Energy Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Devon Energy Corporation’s operating margin was 43.96% while its return on assets stood at 22.1% with a return of equity of 58.87%.

In Q1, Devon Energy Corporation’s quarterly earnings growth was a positive 3.4% while revenue growth was a negative 16.3%.

Devon Energy Corporation’s PE and PEG Ratio

Forward PE
6.5274
Trailing PE
5.0862
PEG
0.48

Its diluted EPS in the last 12-months stands at $9.51 per share while it has a forward price to earnings multiple of 6.5274 and a PEG multiple of 0.48. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Devon Energy Corporation’s profitability.

Devon Energy Corporation stock is trading at a EV to sales ratio of 2.4031 and a EV to EBITDA ratio of 4.4114. Its price to sales ratio in the trailing 12-months stood at 2.1429.

Devon Energy Corporation stock pays annual dividends of $5.06 per share, indicating a yield of 9.64% and a payout ratio of 48.42%.

Balance sheet and cash flow metrics

Total Assets
$23.42 billion
Total Liabilities
$2.93 billion
Operating Cash Flow
$-1033000000.00
Capital Expenditure
$1.03 billion
Dividend Payout Ratio
48.42%

Devon Energy Corporation ended 2024 with $23.42 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $23.42 billion while shareholder equity stood at $10.98 billion.

Devon Energy Corporation ended 2024 with $1.54 billion in deferred long-term liabilities, $2.93 billion in other current liabilities, 64000000.00 in common stock, $4.71 billion in retained earnings and $753.00 million in goodwill. Its cash balance stood at $887.00 million and cash and short-term investments were $887.00 million. The company’s total short-term debt was $247,000,000 while long-term debt stood at $6.43 billion.

Devon Energy Corporation’s total current assets stands at $3.19 billion while long-term investments were $469.00 million and short-term investments were $0. Its net receivables were $1.62 billion compared to accounts payable of $935.00 million and inventory worth $212.00 million.

In 2024, Devon Energy Corporation's operating cash flow was $-1033000000.00 while its capital expenditure stood at $1.03 billion.

Comparatively, Devon Energy Corporation paid $0.48 in dividends in 2024.

Other key metrics

Current Trading Price
$51.39
52-Week High
$76.8356
52-Week Low
$44.03
Analyst Target Price
$64.81

Devon Energy Corporation stock is currently trading at $51.39 per share. It touched a 52-week high of $76.8356 and a 52-week low of $76.8356. Analysts tracking the stock have a 12-month average target price of $64.81.

Its 50-day moving average was $50.84 and 200-day moving average was $53.87 The short ratio stood at 1.95 indicating a short percent outstanding of 0%.

Around 77.3% of the company’s stock are held by insiders while 7656.6% are held by institutions.

Frequently Asked Questions About Devon Energy Corporation

The stock symbol (also called stock or share ticker) of Devon Energy Corporation is DVN

The IPO of Devon Energy Corporation took place on 1992-03-17

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About

Devon Energy Corporation, an independent energy company, explores for, develops, and produces oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Anadarko, Williston, Eagle Ford, and Powder River Basin. The company was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.

Address

333 West Sheridan Avenue, Oklahoma City, OK, United States, 73102-5015