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Devon Energy Corporation is an oil & gas e&p business based in the US. Devon Energy Corporation shares (DVN) are listed on the NYSE and all prices are listed in US Dollars. Devon Energy Corporation employs 1,800 staff and has a trailing 12-month revenue of around USD$4.8 billion.
Since the stock market crash in March caused by coronavirus, Devon Energy Corporation's share price has had significant negative movement.
Its last market close was USD$8.86, which is 57.75% down on its pre-crash value of USD$20.97 and 88.51% up on the lowest point reached during the March crash when the shares fell as low as USD$4.7.
If you had bought USD$1,000 worth of Devon Energy Corporation shares at the start of February 2020, those shares would have been worth USD$291.76 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$418.28.
|Latest market close||USD$8.86|
|52-week range||USD$4.7 - USD$26.98|
|50-day moving average||USD$9.6243|
|200-day moving average||USD$10.8873|
|Wall St. target price||USD$16.56|
|Dividend yield||USD$0.44 (4.97%)|
|Earnings per share (TTM)||USD$3.317|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-19)||-34.66%|
|1 month (2020-10-26)||0.57%|
|3 months (2020-08-26)||-17.20%|
|6 months (2020-05-26)||-28.03%|
|1 year (2019-11-26)||-60.20%|
|2 years (2018-11-26)||-67.34%|
|3 years (2017-11-24)||-76.70%|
|5 years (2015-11-25)||-80.70%|
Valuing Devon Energy Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Devon Energy Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Devon Energy Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Devon Energy Corporation shares trade at around 7x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Devon Energy Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$1.9 billion.
The EBITDA is a measure of a Devon Energy Corporation's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$4.8 billion|
|Operating margin TTM||9.18%|
|Gross profit TTM||USD$2.2 billion|
|Return on assets TTM||2.03%|
|Return on equity TTM||-42.89%|
|Market capitalisation||USD$3.5 billion|
TTM: trailing 12 months
There are currently 14.1 million Devon Energy Corporation shares held short by investors – that's known as Devon Energy Corporation's "short interest". This figure is 37.9% up from 10.2 million last month.
There are a few different ways that this level of interest in shorting Devon Energy Corporation shares can be evaluated.
Devon Energy Corporation's "short interest ratio" (SIR) is the quantity of Devon Energy Corporation shares currently shorted divided by the average quantity of Devon Energy Corporation shares traded daily (recently around 10.3 million). Devon Energy Corporation's SIR currently stands at 1.36. In other words for every 100,000 Devon Energy Corporation shares traded daily on the market, roughly 1360 shares are currently held short.
However Devon Energy Corporation's short interest can also be evaluated against the total number of Devon Energy Corporation shares, or, against the total number of tradable Devon Energy Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Devon Energy Corporation's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 Devon Energy Corporation shares in existence, roughly 40 shares are currently held short) or 0.042% of the tradable shares (for every 100,000 tradable Devon Energy Corporation shares, roughly 42 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Devon Energy Corporation.
Find out more about how you can short Devon Energy Corporation stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Devon Energy Corporation.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 42.01
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Devon Energy Corporation's overall score of 42.01 (as at 10/01/2020) is pretty weak – landing it in it in the 77th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Devon Energy Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 23.2/100
Devon Energy Corporation's environmental score of 23.2 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Devon Energy Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 13.68/100
Devon Energy Corporation's social score of 13.68 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Devon Energy Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 15.12/100
Devon Energy Corporation's governance score puts it squarely in the 9th percentile of companies rated in the same sector. That could suggest that Devon Energy Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Devon Energy Corporation scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Devon Energy Corporation has, for the most part, managed to keep its nose clean.
|Total ESG score||42.01|
|Total ESG percentile||77.16|
|Environmental score percentile||9|
|Social score percentile||9|
|Governance score percentile||9|
|Level of controversy||2|
Dividend payout ratio: 94.3% of net profits
Recently Devon Energy Corporation has paid out, on average, around 94.3% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.97% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Devon Energy Corporation shareholders could enjoy a 4.97% return on their shares, in the form of dividend payments. In Devon Energy Corporation's case, that would currently equate to about $0.44 per share.
Devon Energy Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Devon Energy Corporation's most recent dividend payout was on 30 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 10 December 2020 (the "ex-dividend date").
Devon Energy Corporation's shares were split on a 2:1 basis on 16 November 2004. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Devon Energy Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Devon Energy Corporation shares which in turn could have impacted Devon Energy Corporation's share price.
Over the last 12 months, Devon Energy Corporation's shares have ranged in value from as little as $4.7 up to $26.98. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Devon Energy Corporation's is 3.2355. This would suggest that Devon Energy Corporation's shares are significantly more volatile than the average for this exchange and represent a higher risk.
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 3,955 gross wells. The company was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.
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