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How to buy Devon Energy Corporation shares | $16.16
Own Devon Energy Corporation shares in just a few minutes. Share price changes are updated daily.
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Devon Energy Corporation (DVN) is a leading oil & gas e&p business based in the US. It opened the day at $16.47 after a previous close of $16.57. During the day the price has varied from a low of $15.935 to a high of $16.49. The latest price was $16.16 (25 minute delay). Devon Energy Corporation is listed on the NYSE and employs 1,800 staff. All prices are listed in US Dollars.
How to buy shares in Devon Energy Corporation
- Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: DVN in this case.
- Research Devon Energy Corporation shares. The platform should provide the latest information available.
- Buy your Devon Energy Corporation shares. It's that simple.
What's in this guide?
- Can I buy shares in Devon Energy Corporation?
- Has coronavirus impacted Devon Energy Corporation shares?
- 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 $8.86, which is 57.75% down on its pre-crash value of $20.97 and 88.51% up on the lowest point reached during the March crash when the shares fell as low as $4.7.
If you had bought $1,000 worth of Devon Energy Corporation shares at the start of February 2020, those shares would have been worth $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 $418.28.
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 2020-12-11.
| Open | $16.47 |
|---|---|
| High | $16.49 |
| Low | $15.935 |
| Close | $16.16 |
| Previous close | $16.57 |
| Change | $-0.41 |
| Change % | -2.474% |
| Volume | 6,248,970 |
Information last updated 2020-12-27.
| 52-week range | $4.4727 - $25.4007 |
|---|---|
| 50-day moving average | $14.3359 |
| 200-day moving average | $11.4539 |
| Wall St. target price | $18.75 |
| PE ratio | 6.6807 |
| Dividend yield | $0.44 (2.81%) |
| Earnings per share (TTM) | $3.317 |
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All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
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.
Devon Energy Corporation price performance over time
Historical closes compared with the last close of $16.16
| 1 week (2021-01-15) | -17.42% |
|---|---|
| 1 month (2020-12-23) | 3.19% |
| 3 months (2020-10-23) | 72.65% |
| 6 months (2020-07-23) | 48.53% |
| 1 year (2020-01-23) | -33.77% |
|---|---|
| 2 years (2019-01-23) | -38.60% |
| 3 years (2018-01-23) | -63.70% |
| 5 years (2016-01-22) | -36.95% |
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.
However, Devon Energy Corporation's P/E ratio is best considered in relation to those of others within the oil & gas e&p industry or those of similar companies.
- APC Technology Group (APC.LSE): 19.75
- BP p-l-c (BP.LSE): 20.24
- Chevron Corporation (CVX.US): 43.77
- ConocoPhillips (COP.US): 14.03
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 4.0538. 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.
However, it's sensible to consider Devon Energy Corporation's PEG ratio in relation to those of similar companies.
- BP p-l-c (BP.LSE): 0.43
- Chevron Corporation (CVX.US): 0.89
Devon Energy Corporation's EBITDA
Devon Energy Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $1.4 billion (£1 billion).
The EBITDA is a measure of a Devon Energy Corporation's overall financial performance and is widely used to measure a its profitability.
To put Devon Energy Corporation's EBITDA into context you can compare it against that of similar companies.
- APC Technology Group (APC.LSE): GBP£1.4 million
- BP p-l-c (BP.LSE): £17.3 billion
- Chevron Corporation (CVX.US): USD$15.8 billion
- ConocoPhillips (COP.US): USD$6.3 billion
Devon Energy Corporation financials
| Revenue TTM | $4.3 billion |
|---|---|
| Gross profit TTM | $2.2 billion |
| Return on assets TTM | -13.61% |
| Return on equity TTM | -50.73% |
| Profit margin | -74.28% |
| Book value | $7.893 |
| Market capitalisation | $5.9 billion |
TTM: trailing 12 months
How to short and sell Devon Energy Corporation shares
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "DVN.US"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 16.3 million Devon Energy Corporation shares held short by investors – that's known as Devon Energy Corporation's "short interest". This figure is 15.6% down from 19.3 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 10.2 million). Devon Energy Corporation's SIR currently stands at 1.59. In other words for every 100,000 Devon Energy Corporation shares traded daily on the market, roughly 1590 shares are currently held short.
To gain some more context, you can compare Devon Energy Corporation's short interest ratio against those of similar companies.
- Chevron Corporation (CVX.US): 1.56
- ConocoPhillips (COP.US): 3.81
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 0.0486% of the tradable shares (for every 100,000 tradable Devon Energy Corporation shares, roughly 49 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.).
To gain some more context, you can compare Devon Energy Corporation's total ESG risk score against those of similar companies.
- BP p-l-c (BP.LSE): 39.40
- Chevron Corporation (CVX.US): 43.79
- ConocoPhillips (COP.US): 34.83
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. A high-profile company, 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.
Wondering how that compares? Below are the controversy scores of similar companies.
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
Dividend payout ratio: 280.95% of net profits
Recently Devon Energy Corporation has paid out, on average, around 280.95% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.81% 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 2.81% 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 31 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 12 March 2021 (the "ex-dividend date").
Devon Energy Corporation's dividend payout ratio is perhaps best considered in relation to those of similar companies.
- APC Technology Group (APC.LSE): 0.00% (does not pay dividend)
- BP p-l-c (BP.LSE): 0.00% (does not pay dividend)
- Chevron Corporation (CVX.US): 397.20%
- ConocoPhillips (COP.US): 0.00% (does not pay dividend)
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 $25.4007. 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 3.5055. This would suggest that Devon Energy Corporation's shares are significantly more volatile than the average for this exchange and represent a higher risk.
To put Devon Energy Corporation's beta into context you can compare it against those of similar companies.
- BP p-l-c (BP.LSE): 0.6951
- Chevron Corporation (CVX.US): 1.3297
- ConocoPhillips (COP.US): 1.864
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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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