DVN:NYE-Devon Energy Corporation (USD)

COMMON STOCK | Oil & Gas E&P | NYE

Last Closing Price

USD 63.58

Change

+0.01 (+0.02)%

Market Cap

USD 42.92B

Volume

9.36M

Avg Analyst Target

USD 88.58 (+4.21%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


DVN Stock Forecast & Price:
Based on the Devon Energy Corporation stock forecasts from 16 analysts, the average analyst target price for Devon Energy Corporation is USD 88.58 over the next 12 months. Devon Energy Corporation’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of Devon Energy Corporation is Slightly Bullish , which is based on 6 positive signals and 5 negative signals. At the last closing, Devon Energy Corporation’s stock price was USD 63.58. Devon Energy Corporation’s stock price has changed by +7.69% over the past week, +20.62% over the past month and +134.01% over the last year.

About Devon Energy Corporation (DVN:NYE)

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 5,134 gross wells. Devon Energy Corporation was incorporated in ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-08-17 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
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-0.67 (-0.66%)

USD128.28B 8.31 4.40
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+0.13 (+0.12%)

USD65.80B 11.52 6.26
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OXY Occidental Petroleum Corporati..

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PXD Pioneer Natural Resources Co

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USD54.88B 9.41 5.13
CEO CNOOC Limited

N/A

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HES Hess Corporation

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CLR Continental Resources Inc

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CTRA Coterra Energy Inc

+0.83 (+2.93%)

USD22.80B 6.87 5.11
DETNF Aker BP ASA

N/A

USD21.93B 9.59 4.18

ETFs Containing DVN

Symbol Name Weight Mer Price(Change) Market Cap
DRIP Drum Income Plus REIT Plc 0.00 % 1.00 %

+0.01 (+0.06%)

USD0.10B
IOGP:LSE iShares Oil & Gas Explora.. 0.00 % 0.55 %

+0.01 (+0.03%)

USD0.46B
BBMC JPMorgan BetaBuilders U.S.. 0.00 % 0.07 %

+0.41 (+0.50%)

N/A
IS0D:XETRA iShares Oil & Gas Explora.. 0.00 % 0.55 %

+0.06 (+0.26%)

USD0.46B
IS0D:F iShares V Public Limited .. 0.00 % 0.55 %

+0.47 (+2.04%)

USD0.46B
XDWE:LSE Xtrackers (IE) Public Lim.. 0.00 % 0.25 %

+32.50 (+0.49%)

USD6.37B
XDEW:LSE Xtrackers S&P 500 Equal W.. 0.00 % 0.25 %

+0.54 (+0.67%)

USD6.37B
SPOG:LSE iShares V Public Limited .. 0.00 % 0.55 %

-4.00 (-0.20%)

USD0.46B
BACK:LSE iShares US Equity Buyback.. 0.00 % 0.55 %

N/A

USD4.53M
FRAK VanEck Vectors Unconventi.. 0.00 % 0.54 %

N/A

USD0.02B
SCHM Schwab U.S. Mid-Cap ETF.. 0.00 % 0.04 %

+0.31 (+0.43%)

USD9.41B
RSP Invesco S&P 500® Equal W.. 0.00 % 0.20 %

+0.44 (+0.29%)

USD31.67B
PXI Invesco DWA Energy Moment.. 0.00 % 0.60 %

-0.01 (-0.02%)

USD0.22B
JPUS JPMorgan Diversified Retu.. 0.00 % 0.18 %

+0.50 (+0.49%)

USD0.51B
JPME JPMorgan Diversified Retu.. 0.00 % 0.24 %

+0.32 (+0.35%)

USD0.26B
GASX Direxion Daily Natural Ga.. 0.00 % 1.09 %

N/A

USD0.02B
GASL Direxion Daily Natural Ga.. 0.00 % 1.04 %

N/A

USD9.68M
DFAT Dimensional U.S. Targeted.. 0.00 % 0.29 %

+0.37 (+0.80%)

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Oil & Gas E&P)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 44.34% 54% F 97% A+
Dividend Return 5.15% 63% D 92% A-
Total Return 49.49% 53% F 97% A+
Trailing 12 Months  
Capital Gain 136.27% 80% B- 99% A+
Dividend Return 12.97% 79% C+ 98% A+
Total Return 149.24% 84% B 99% A+
Trailing 5 Years  
Capital Gain 110.67% 68% D+ 88% B+
Dividend Return 18.49% 59% F 69% D+
Total Return 129.16% 66% D 88% B+
Average Annual (5 Year Horizon)  
Capital Gain 41.28% 64% D 93% A
Dividend Return 4.64% 67% D+ 81% B-
Total Return 45.92% 67% D+ 94% A
Risk Return Profile  
Volatility (Standard Deviation) 109.47% 32% F 6% F
Risk Adjusted Return 41.95% 61% D- 61% D-
Market Capitalization 42.92B 93% A 94% A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Oil & Gas E&P)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 8.31 57% F 79% C+
Price/Book Ratio 4.25 28% F 19% F
Price / Cash Flow Ratio 8.76 36% F 45% F
EV/EBITDA 5.19 46% F 65% D
Management Effectiveness  
Return on Equity 56.38% 82% B- 95% A
Return on Invested Capital 27.16% 69% D+ 92% A-
Return on Assets 19.38% 79% C+ 97% A+
Debt to Equity Ratio 72.71% 44% F 48% F
Technical Ratios  
Dividend Yield 9.46% 84% B 89% B+
Short Ratio 1.29 78% C+ 67% D+
Short Percent 2.30% 68% D+ 63% D
Beta 2.56 23% F 3% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector