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How to buy Devon Energy Corporation stock | $9.78
Own Devon Energy Corporation stock in just a few minutes.
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$5.9 billion.
How to buy shares in Devon Energy Corporation
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for Devon Energy Corporation Find the stock by name or ticker symbol: DVN. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Devon Energy Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of USD$9.78, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Devon Energy Corporation, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Devon Energy Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Devon Energy Corporation shares summary
- Compare share dealing platforms
- Is Devon Energy Corporation stock a buy or sell?
- Devon Energy Corporation performance over time
- Can I short Devon Energy Corporation shares?
- Is Devon Energy Corporation suitable for ethical investing?
- Are Devon Energy Corporation shares over-valued?
- Devon Energy Corporation's financials
- How volatile are Devon Energy Corporation shares?
- Does Devon Energy Corporation pay a dividend?
- Have Devon Energy Corporation shares ever split?
- Other common questions
How has coronavirus impacted Devon Energy Corporation's share price?
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$9.78, which is 53.36% down on its pre-crash value of USD$20.97 and 108.09% 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$461.71.
Devon Energy Corporation share price
Use our graph to track the performance of DVN stocks over time.Devon Energy Corporation shares at a glance
Information last updated 2020-09-21.
| Latest market close | USD$9.78 |
|---|---|
| 52-week range | USD$4.7 - USD$26.98 |
| 50-day moving average | USD$10.7953 |
| 200-day moving average | USD$10.6473 |
| Wall St. target price | USD$16.53 |
| PE ratio | 6.6807 |
| Dividend yield | USD$0.44 (4.42%) |
| Earnings per share (TTM) | USD$3.317 |
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Is it a good time to buy Devon Energy Corporation stock?
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.
Devon Energy Corporation price performance over time
Historical closes compared with the last close of $9.78
| 1 week (2020-09-11) | N/A |
|---|---|
| 1 month (2020-08-18) | N/A |
| 3 months (2020-06-22) | -22.99% |
| 6 months (2020-03-18) | N/A |
| 1 year (2019-09-18) | N/A |
|---|---|
| 2 years (2018-09-18) | N/A |
| 3 years (2017-09-18) | N/A |
| 5 years (2015-09-18) | N/A |
Is Devon Energy Corporation under- or over-valued?
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 P/E ratio
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
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.
Devon Energy Corporation financials
| Revenue TTM | USD$5.9 billion |
|---|---|
| Operating margin TTM | 7.12% |
| Gross profit TTM | USD$2.2 billion |
| Return on assets TTM | 1.93% |
| Return on equity TTM | -43.18% |
| Profit margin | -51.55% |
| Book value | $8.426 |
| Market capitalisation | USD$3.6 billion |
TTM: trailing 12 months
Shorting Devon Energy Corporation shares
There are currently 10.2 million Devon Energy Corporation shares held short by investors – that's known as Devon Energy Corporation's "short interest". This figure is 4.4% down from 10.7 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)
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 7.3 million). Devon Energy Corporation's SIR currently stands at 1.4. In other words for every 100,000 Devon Energy Corporation shares traded daily on the market, roughly 1400 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 0.03% of the outstanding shares (for every 100,000 Devon Energy Corporation shares in existence, roughly 30 shares are currently held short) or 0.0304% of the tradable shares (for every 100,000 tradable Devon Energy Corporation shares, roughly 30 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.
Devon Energy Corporation's environmental, social and governance track record
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.
Devon Energy Corporation's total ESG risk score
Total ESG risk: 39.75
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Devon Energy Corporation's overall score of 39.75 (as at 08/01/2020) is pretty weak – landing it in it in the 76th 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.).
Devon Energy Corporation's environmental score
Environmental score: 22.97/100
Devon Energy Corporation's environmental score of 22.97 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.
Devon Energy Corporation's social score
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.
Devon Energy Corporation's governance score
Governance score: 15.6/100
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.
Devon Energy Corporation's controversy score
Controversy score: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Devon Energy Corporation scored a 1 out of 5 for controversy – the highest score possible, reflecting that Devon Energy Corporation has managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
Devon Energy Corporation was last rated for ESG on: 2020-08-01.
| Total ESG score | 39.75 |
|---|---|
| Total ESG percentile | 76.14 |
| Environmental score | 22.97 |
| Environmental score percentile | 9 |
| Social score | 13.68 |
| Social score percentile | 9 |
| Governance score | 15.6 |
| Governance score percentile | 9 |
| Level of controversy | 1 |
Devon Energy Corporation share dividends
We're not expecting Devon Energy Corporation to pay a dividend over the next 12 months.
Have Devon Energy Corporation's shares ever split?
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.
Devon Energy Corporation share price volatility
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 3.2553. 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 overview
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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