devon energy corp. - DVN

DVN

Close Chg Chg %
38.70 0.77 1.98%

Closed Market

39.47

+0.77 (1.98%)

Volume: 7.46M

Last Updated:

Nov 22, 2024, 3:59 PM EDT

Company Overview: devon energy corp. - DVN

DVN Key Data

Open

$38.61

Day Range

38.61 - 39.65

52 Week Range

37.77 - 55.09

Market Cap

$25.42B

Shares Outstanding

656.90M

Public Float

628.30M

Beta

2.07

Rev. Per Employee

N/A

P/E Ratio

7.17

EPS

$5.42

Yield

516.80%

Dividend

$0.22

EX-DIVIDEND DATE

Dec 13, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

8.12M

 

DVN Performance

1 Week
 
0.60%
 
1 Month
 
-1.25%
 
3 Months
 
-13.42%
 
1 Year
 
-14.66%
 
5 Years
 
69.96%
 

DVN Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 34
Full Ratings ➔

About devon energy corp. - DVN

Devon Energy Corp. engages in the exploration, development, and production of oil and natural gas properties. It develops and operates Delaware Basin, Eagle Ford, Heavy Oil, Barnett Shale, STACK, and Rockies Oil. The company was founded by J. Larry Nichols and John W. Nichols in 1971 and is headquartered in Oklahoma City, OK.

DVN At a Glance

Devon Energy Corp.
333 West Sheridan Avenue
Oklahoma City, Oklahoma 73102-5015
Phone 1-405-235-3611 Revenue 15.14B
Industry Integrated Oil Net Income 3.75B
Sector Energy Minerals Employees 1,900
Fiscal Year-end 12 / 2024
View SEC Filings

DVN Valuation

P/E Current 7.172
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 7.762
Price to Sales Ratio 1.921
Price to Book Ratio 2.388
Price to Cash Flow Ratio 4.423
Enterprise Value to EBITDA 4.725
Enterprise Value to Sales 2.302
Total Debt to Enterprise Value 0.186

DVN Efficiency

Revenue/Employee 7,968,421.053
Income Per Employee 1,972,105.263
Receivables Turnover 9.625
Total Asset Turnover 0.621

DVN Liquidity

Current Ratio 1.071
Quick Ratio 0.986
Cash Ratio 0.297

DVN Profitability

Gross Margin 34.346
Operating Margin 31.651
Pretax Margin 30.535
Net Margin 24.749
Return on Assets 15.375
Return on Equity 32.263
Return on Total Capital 20.206
Return on Invested Capital 21.026

DVN Capital Structure

Total Debt to Total Equity 53.752
Total Debt to Total Capital 34.96
Total Debt to Total Assets 25.911
Long-Term Debt to Equity 49.474
Long-Term Debt to Total Capital 32.178
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Devon Energy Corp. - DVN

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
4.67B 13.75B 19.83B 15.14B
Sales Growth
-26.24% +194.24% +44.20% -23.64%
Cost of Goods Sold (COGS) incl D&A
4.60B 8.54B 10.85B 9.94B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
1.45B 2.16B 2.26B 2.58B
Depreciation
1.45B 2.16B 2.26B 2.58B
Amortization of Intangibles
- - - -
-
COGS Growth
-17.27% +85.55% +27.08% -8.42%
Gross Income
70.00M 5.21B 8.97B 5.20B
Gross Income Growth
-90.92% +7,341.43% +72.26% -42.05%
Gross Profit Margin
+1.50% +37.88% +45.26% +34.35%
2020 2021 2022 2023 5-year trend
SG&A Expense
338.00M 391.00M 395.00M 408.00M
Research & Development
- - - -
-
Other SG&A
338.00M 391.00M 395.00M 408.00M
SGA Growth
-28.84% +15.68% +1.02% +3.29%
Other Operating Expense
- - - -
-
Unusual Expense
2.90B 310.00M (698.00M) (71.00M)
EBIT after Unusual Expense
(3.17B) 4.51B 9.28B 4.86B
Non Operating Income/Expense
363.00M (1.25B) (1.15B) 123.00M
Non-Operating Interest Income
12.00M 2.00M 38.00M 55.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
282.00M 361.00M 347.00M 363.00M
Interest Expense Growth
+12.80% +28.01% -3.88% +4.61%
Gross Interest Expense
282.00M 361.00M 347.00M 363.00M
Interest Capitalized
- - - -
-
Pretax Income
(3.09B) 2.90B 7.78B 4.62B
Pretax Income Growth
-2,734.86% +193.79% +168.29% -40.54%
Pretax Margin
-66.12% +21.08% +39.21% +30.54%
Income Tax
(547.00M) 65.00M 1.74B 841.00M
Income Tax - Current - Domestic
(219.00M) 19.00M 566.00M 468.00M
Income Tax - Current - Foreign
- (3.00M) (7.00M) (3.00M)
Income Tax - Deferred - Domestic
(304.00M) 40.00M 1.17B 376.00M
Income Tax - Deferred - Foreign
- (24.00M) 9.00M 7.00M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- (4.00M) (30.00M) (57.00M)
Consolidated Net Income
(2.55B) 2.80B 5.98B 3.78B
Minority Interest Expense
- 20.00M 22.00M 35.00M
Net Income
(2.55B) 2.78B 5.96B 3.75B
Net Income Growth
-3,044.44% +209.27% +114.09% -37.11%
Net Margin Growth
-54.50% +20.24% +30.05% +24.75%
Extraordinaries & Discontinued Operations
- - - (137.00M)
-
Discontinued Operations
- - - (137.00M)
-
Net Income After Extraordinaries
(2.68B) 2.78B 5.96B 3.75B
Preferred Dividends
- - - -
-
Net Income Available to Common
(2.68B) 2.78B 5.96B 3.75B
EPS (Basic)
-7.1194 4.1976 9.1521 5.8638
EPS (Basic) Growth
-699.66% +158.96% +118.03% -35.93%
Basic Shares Outstanding
377.00M 663.00M 651.00M 639.00M
EPS (Diluted)
-7.1194 4.185 9.124 5.8364
EPS (Diluted) Growth
-699.66% +158.78% +118.02% -36.03%
Diluted Shares Outstanding
377.00M 665.00M 653.00M 642.00M
EBITDA
1.18B 6.98B 10.84B 7.38B
EBITDA Growth
-34.62% +489.53% +55.27% -31.95%
EBITDA Margin
+25.34% +50.76% +54.66% +48.71%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 51.963
Number of Ratings 34 Current Quarters Estimate 1.032
FY Report Date 12 / 2024 Current Year's Estimate 4.734
Last Quarter’s Earnings 1.10 Median PE on CY Estimate N/A
Year Ago Earnings 5.71 Next Fiscal Year Estimate 4.684
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 26 26 29 30
Mean Estimate 1.03 1.10 4.73 4.68
High Estimates 1.54 1.55 5.46 7.22
Low Estimate 0.66 0.77 4.29 3.08
Coefficient of Variance 18.14 18.10 5.87 19.66

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 18 18 19
OVERWEIGHT 2 2 3
HOLD 13 11 10
UNDERWEIGHT 1 1 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Devon Energy Corp. - DVN

Date Name Shares Transaction Value
Jul 3, 2024 John E. Bethancourt Director 105,902 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 7, 2024 Karl F. Kurz Director 81,460 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 7, 2024 John Krenicki Director 53,696 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 7, 2024 Valerie M. Williams Director 39,179 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 7, 2024 Ann G. Fox Director 36,388 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 7, 2024 Barbara M. Baumann Director 88,377 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 7, 2024 Gennifer F. Kelly Director 11,154 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 7, 2024 Michael N. Mears Director 11,154 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 7, 2024 Kelt Kindick Director 32,198 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 7, 2024 Robert A. Mosbacher Director 83,474 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 8, 2024 Tana K. Cashion EVP Human Resources and Admin 104,182 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $51.04 per share 5,317,449.28
Apr 12, 2024 John Sherrer VP Accounting & Controller 8,462 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $54.51 per share 461,263.62
Mar 14, 2024 Clay M. Gaspar EVP and COO 186,289 Bona fide gift 0.00
Mar 14, 2024 Clay M. Gaspar EVP and COO 407,094 Bona fide gift 0.00
Mar 5, 2024 Richard E. Muncrief President and CEO; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2024 Richard E. Muncrief President and CEO; Director 1,973,006 Open market or private purchase of non-derivative security Non-derivative transaction at $44.42 per share 87,640,926.52
Mar 5, 2024 Richard E. Muncrief President and CEO; Director 1,958,006 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $44.39 per share 86,915,886.34
Mar 5, 2024 Richard E. Muncrief President and CEO; Director 1,999,055 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $41.53 per share 83,020,754.15
Feb 15, 2024 Clay M. Gaspar EVP and COO 554,557 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $42.24 per share 23,424,487.68
Feb 15, 2024 Clay M. Gaspar EVP and COO 593,383 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Devon Energy Corp. in the News