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.

Fact checked

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

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: DVN in this case.
  5. Research Devon Energy Corporation shares. The platform should provide the latest information available.
  6. Buy your Devon Energy Corporation shares. It's that simple.
The whole process can take as little as 15 minutes.

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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Share dealing platform comparison

Table: sorted by promoted deals first
Data indicated here is updated regularly
Name Product Price per trade Frequent trader rate Platform fees Brand description
Fineco
£2.95
£2.95
Zero platform fee
Your first 100 trades are free with Fineco, T&Cs apply.
Fineco Bank is good for share traders and investors looking for a complete platform and wide offer. Capital at risk.
eToro Free Stocks
0% commission, no markup, no ticket fee, no management fee
N/A
Withdrawal fee & GDP to USD deposit conversion
Capital at risk. 0% commission but other fees may apply.
Stake
£0
£0
Zero platform fee
Join and receive a free share worth up to £100
Access unlimited commission-free trading on 3,800+ US stocks and ETFs with Stake. Capital at risk.
IG
0% commission on US shares, and £3 on UK shares
From £5
£0 - £24 per quarter
IG is good for experienced traders, and offers learning resources for beginners, all with wide access to shares, ETFs and funds. Capital at risk.
Degiro Share Dealing
£1.75 + 0.022% (max £5.00)
£1.75 + 0.022% (max £5.00)
Portfolio transfer fees (in & out)
Degiro is widely seen as one of the best low-cost share brokers, for people who are looking to trade regularly. Capital at risk.
Hargreaves Lansdown Fund and Share Account
£11.95
£5.95
No fees
Hargreaves Lansdown is the UK's number one platform for private investors, with the depth of features you'd expect from an established platform. Capital at risk.
Interactive Investor
From £7.99 on the Investor Service Plan
From £7.99 on the Investor Service Plan
No transfer fees or exit fees. £9.99 a month on the Investor Service Plan
Open an ISA, Trading Account or SIPP you will get £100 of free trades to buy or sell any investment (new customers only).
Interactive Investor offers everything most investors need. Its flat fees makes it pricey for small portfolios, but cheap for big ones. Capital at risk.
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Data indicated here is updated regularly
Name Product Minimum deposit Maximum annual fee Price per trade Brand description
Interactive Investor stocks and shares ISA
Any lump sum or £25 a month
£119.88
£7.99
Interactive Investor offers everything most investors need. Its flat fees makes it pricey for small portfolios, but cheap for big ones. Capital at risk.
Moneyfarm stocks and shares ISA
£1500
0.75%
£0
Moneyfarm helps you meet your investment goals with fully-managed portfolios designed around you. Capital at risk.
Hargreaves Lansdown stocks and shares ISA
£100
0.45%
£11.95
Hargreaves Lansdown is the UK's biggest wealth manager. It's got everything you'll need, from beginners to experienced investors. Capital at risk.
Nutmeg stocks and shares ISA
£100
0.75%
£0
Nutmeg offers three types of portfolios. Choose the one that goes with your investment style. Capital at risk.
Saxo Markets stocks and shares ISA
No minimum deposit requirement
0.12%
£8.00
Saxo Markets offers a wide access to a range of stocks, ETFs and funds. Capital at risk.
AJ Bell stocks and shares ISA
£500
0.25%
£9.95
AJ Bell is a good all-rounder for people who to choose between shares, funds, ISAs and pensions. Capital at risk.
Fidelity stocks and shares ISA
£1000 or a regular savings plan from £50
0.35%
£10.00
Fidelity is another good all-rounder, offering a good package at a decent price. Not suited for trading shares. Capital at risk.
Legal & General stocks and shares ISA
Legal & General stocks and shares ISA
£100 or £20 a month
0.61%
N/A
Legal & General is a big financial services company which offers insurance, lifetime mortgage, pensions and stocks and shares ISAs. Capital at risk.
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Data indicated here is updated regularly
Name Product Minimum investment Choose from Annual fee Brand description
Interactive Investor Pension
Any lump sum or £25 a month
Over 3,000 funds
£10/month
interactive investor is a flat-fee platform, which makes it cost effective for larger portfolios. Capital at risk.
Moneyfarm Pension
£1,500 (initial investment)
7 funds
0.35%-0.75%
Moneyfarm has pensions that are matched against your risk appetite, goals and planned retirement date. Capital at risk.
AJ Bell Pension
£1,000
Over 2,000 funds
0.05-0.25%
AJ Bell has two different pension options, a self managed pension and one that is managed for you. Capital at risk.
PensionBee Pension
No minimum
7 funds
0.5% - 0.95%
Pension Bee is a newbie in the pension market. It helps consolidate your pension plans into one place. Capital at risk.
Hargreaves Lansdown Pension
£100 or £25 a month
2,500 funds
0-0.45%
Hargreaves Lansdown is the UK's biggest wealth manager. It's got three different retirement options. Capital at risk.
Saxo Markets Pension
Saxo Markets Pension
£10
Over 11,000 funds
No annual fee
Saxo Markets gives flexibility and control over your investment strategy. Capital at risk.
Penfold
Penfold
No minimum
4 portfolios
0.75-0.88%
Moneybox Pension
£1
3 funds
0.15% - 0.45% charged monthly
Manage your money with an easy-to-use Moneybox app. Capital at risk.
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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.

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.

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.

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

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "DVN.US"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. 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.

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.

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.

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.

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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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