Devon Stock Analysis

DVN
 Stock
  

USD 69.75  1.83  2.69%   

The latest indifference towards the small price fluctuations of Devon Energy Corp could raise concerns from institutional investors as the firm is trading at a share price of 69.75 on 7,922,927 in volume. The company executives did not add any value to Devon Energy investors in July. However, most investors can still diversify their portfolios with Devon Energy Corp to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.62. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Devon Energy partners.
Continue to Investing Opportunities.
  
The Devon Energy stock analysis report makes it easy to digest most publicly released information about Devon Energy and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Devon Stock analysis module also helps to analyze the Devon Energy price relationship with some important fundamental indicators such as market cap and management efficiency.

Devon Stock Analysis Notes

About 85.0% of the company shares are held by institutions such as insurance companies. The book value of Devon Energy was currently reported as 15.39. The company has Price/Earnings To Growth (PEG) ratio of 0.26. Devon Energy Corp recorded earning per share (EPS) of 7.89. The entity last dividend was issued on the 9th of September 2022. The firm had 2:1 split on the 16th of November 2004. 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. Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma. Devon Energy operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 1600 people. To learn more about Devon Energy Corp call John Richels at 405 235-3611 or check out www.devonenergy.com.

Devon Energy Quarterly Cost of Revenue

2.43 Billion

Devon Energy Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Devon Energy's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Devon Energy Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Devon Energy Corp has very high historical volatility over the last 90 days
Over 85.0% of the company shares are held by institutions such as insurance companies
On 30th of June 2022 Devon Energy paid $ 1.27 per share dividend to its current shareholders
Latest headline from au.finance.yahoo.com: Devon Energys Upcoming Dividend Will Be Larger Than Last Years - Yahoo Finance Australia

Devon Energy Corp Upcoming and Recent Events

Earnings reports are used by Devon Energy to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Devon Energy previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report15th of February 2022
Next Financial Report3rd of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End15th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Devon Largest EPS Surprises

Earnings surprises can significantly impact Devon Energy's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
1999-01-27
1998-12-310.10.09-0.0110 
1999-07-28
1999-06-300.110.130.0218 
1996-08-14
1996-06-300.140.160.0214 
View All Earnings Estimates

Devon Energy SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Devon Energy prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Devon Energy investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Devon Energy Corp specific information freely available to individual and institutional investors to make a timely investment decision.
1st of August 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
10th of June 2022
Financial Statements and Exhibits. Submission of Matters to a Vote of Security Holders. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
2nd of May 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
11th of March 2022
Unclassified Corporate Event
View
7th of March 2022
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
15th of February 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
10th of February 2022
Unclassified Corporate Event
View
9th of February 2022
Unclassified Corporate Event
View

Devon Energy Thematic Classifications

In addition to having Devon Energy stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Power Stocks
High potential, large capitalization stocks theme
Petroleum and Natural
USA Equities from Petroleum and Natural industry as classified by Fama & French

Devon Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 41.63 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Devon Energy's market, we take the total number of its shares issued and multiply it by Devon Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Devon Profitablity

Devon Energy's profitability indicators refer to fundamental financial ratios that showcase Devon Energy's ability to generate income relative to its revenue or operating costs. If, let's say, Devon Energy is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Devon Energy's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Devon Energy's profitability requires more research than a typical breakdown of Devon Energy's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 30.12 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 51.01 %, which entails that for every 100 dollars of revenue, it generated 0.51 of operating income.
Last ReportedProjected for 2022
Return on Investment 27.18  29.33 
Return on Average Assets 0.14  0.15 
Return on Average Equity 0.32  0.35 
Return on Invested Capital 0.15  0.16 
Return on Sales 0.26  0.29 

Management Efficiency

The entity has Return on Asset of 19.38 % which means that on every $100 spent on asset, it made $19.38 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 56.38 %, implying that it generated $56.38 on every 100 dollars invested. Devon Energy management efficiency ratios could be used to measure how well devon energy corp manages its routine affairs as well as how well it operates its assets and liabilities. Return on Investment is expected to rise to 29.33 this year. Return on Average Assets is expected to rise to 0.15 this year. Devon Energy Total Assets Per Share are quite stable at the moment as compared to the past year. The company's current value of Total Assets Per Share is estimated at 32.55. Net Current Assets as percentage of Total Assets is expected to rise to 5.76 this year, although the value of Revenue to Assets will most likely fall to 0.48.
Last ReportedProjected for 2022
Book Value per Share 13.68  19.27 
Enterprise Value over EBIT 11.00  11.29 
Enterprise Value over EBITDA 10.68  11.52 
Price to Book Value 3.22  2.74 
Tangible Assets Book Value per Share 29.94  41.48 
Enterprise Value34.2 B28.6 B
Tangible Asset Value20.3 B22 B

Technical Drivers

As of the 19th of August, Devon Energy shows the Mean Deviation of 2.82, coefficient of variation of 17338.43, and Downside Deviation of 3.88. Devon Energy Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Devon Energy Corp, which can be compared to its rivals. Please confirm Devon Energy Corp information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Devon Energy Corp is priced favorably, providing market reflects its regular price of 69.75 per share. Given that Devon Energy has jensen alpha of (0.07), we urge you to verify Devon Energy Corp's prevailing market performance to make sure the company can sustain itself at a future point.

Devon Energy Corp Price Movement Analysis

The output start index for this execution was fourty-one with a total number of output elements of twenty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Devon Energy middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Devon Energy Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
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Devon Energy Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Devon Energy insiders, such as employees or executives, is commonly permitted as long as it does not rely on Devon Energy's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Devon Energy insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Devon Energy Predictive Daily Indicators

Devon Energy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Devon Energy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Devon Energy Forecast Models

Devon Energy time-series forecasting models is one of many Devon Energy's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Devon Energy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Devon Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Devon Energy prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Devon shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Devon Energy. By using and applying Devon Stock analysis, traders can create a robust methodology for identifying Devon entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 25.53  27.54 
EBITDA Margin 0.26  0.29 
Gross Margin 0.48  0.44 
Profit Margin 0.23  0.25 

Current Devon Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Devon analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Devon analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
48.5Buy16Odds
Devon Energy Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Devon analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Devon stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Devon Energy Corp, talking to its executives and customers, or listening to Devon conference calls.
Devon Analyst Advice Details

Devon Stock Analysis Indicators

Devon Energy Corp stock analysis indicators help investors evaluate how Devon Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Devon Energy shares will generate the highest return on investment. By understating and applying Devon Energy stock analysis, traders can identify Devon Energy position entry and exit signals to maximize returns.
Quick Ratio1.38
Trailing Annual Dividend Rate3.60
Fifty Two Week Low24.46
Revenue Growth78.90%
Payout Ratio45.63%
Average Daily Volume Last 10 Day12.34M
Shares Short Prior Month13.72M
Average Daily Volume In Three Month12.42M
Earnings Growth677.10%
Shares Percent Shares Out2.02%
Earnings Quarterly Growth654.70%
Forward Price Earnings6.77
Short Percent Of Float2.30%
Float Shares649.92M
Fifty Two Week High79.40
Fifty Day Average60.26
Enterprise Value To Ebitda5.22
Two Hundred Day Average55.40
Enterprise Value To Revenue2.66
Trailing Annual Dividend Yield5.66%
Continue to Investing Opportunities. Note that the Devon Energy Corp information on this page should be used as a complementary analysis to other Devon Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Devon Stock analysis

When running Devon Energy Corp price analysis, check to measure Devon Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Devon Energy is operating at the current time. Most of Devon Energy's value examination focuses on studying past and present price action to predict the probability of Devon Energy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Devon Energy's price. Additionally, you may evaluate how the addition of Devon Energy to your portfolios can decrease your overall portfolio volatility.
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Is Devon Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Devon Energy. If investors know Devon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Devon Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
6.77
Market Capitalization
44.5 B
Quarterly Revenue Growth YOY
0.79
Return On Assets
0.19
Return On Equity
0.56
The market value of Devon Energy Corp is measured differently than its book value, which is the value of Devon that is recorded on the company's balance sheet. Investors also form their own opinion of Devon Energy's value that differs from its market value or its book value, called intrinsic value, which is Devon Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Devon Energy's market value can be influenced by many factors that don't directly affect Devon Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Devon Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine Devon Energy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Devon Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.