How to buy Devon Energy Corporation stock - 04 March

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How to buy Devon Energy Corporation stock

Own Devon Energy Corporation stock in just a few minutes.

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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 1,400 staff and has a trailing 12-month revenue of around USD$4.5 billion.

How to buy shares in Devon Energy Corporation

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. Decide on how many to buy. 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.
  6. 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.

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 2021-03-03.
52-week rangeUSD$4.4727 - USD$23.18
50-day moving average USD$19.3609
200-day moving average USD$13.781
Wall St. target priceUSD$25.31
PE ratio 6.6807
Dividend yield USD$0.42 (1.87%)
Earnings per share (TTM) USD$3.317

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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.

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.

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 PEG ratio

Devon Energy Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 5.2174. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Devon Energy Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Devon Energy Corporation's EBITDA

Devon Energy Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$1.4 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$4.5 billion
Operating margin TTM 1.62%
Gross profit TTM USD$1.6 billion
Return on assets TTM 0.39%
Return on equity TTM -56.9%
Profit margin -59.52%
Book value $7.552
Market capitalisation USD$15.1 billion

TTM: trailing 12 months

Shorting Devon Energy Corporation shares

There are currently 13.2 million Devon Energy Corporation shares held short by investors – that's known as Devon Energy Corporation's "short interest". This figure is 34.9% down from 20.3 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 11.8 million). Devon Energy Corporation's SIR currently stands at 1.12. In other words for every 100,000 Devon Energy Corporation shares traded daily on the market, roughly 1120 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 0.02% of the outstanding shares (for every 100,000 Devon Energy Corporation shares in existence, roughly 20 shares are currently held short) or 0.0212% of the tradable shares (for every 100,000 tradable Devon Energy Corporation shares, roughly 21 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: 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 01/01/2019) 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.).

Devon Energy Corporation's environmental score

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.

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: 15.12/100

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.

Devon Energy Corporation's controversy score

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.

Environmental, social, and governance (ESG) summary

Devon Energy Corporation was last rated for ESG on: 2019-01-01.

Total ESG score 42.01
Total ESG percentile 77.16
Environmental score 23.2
Environmental score percentile 9
Social score 13.68
Social score percentile 9
Governance score 15.12
Governance score percentile 9
Level of controversy 2

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 $4.4727 up to $23.18. 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 3.4461. 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 3,942 gross wells. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.

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