DVN - Devon Energy Corp Stock Price, Fair Value and News

50.42USD-0.56 (-1.10%)Delayed as of 08 May 2024, 02:19 pm ET

Market Summary

USD50.42-0.56

Delayedas of 08 May 2024, 02:19 pm

-1.10%

DVN Alerts

1 major insider sales recently.

Big fall in earnings (Y/Y)

DVN Stock Price

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DVN RSI Chart

DVN Valuation

Market Cap

32.2B

Price/Earnings (Trailing)

9.62

Price/Sales (Trailing)

2.15

EV/EBITDA

8.81

Price/Free Cashflow

4.88

DVN Price/Sales (Trailing)

DVN Profitability

EBT Margin

7.52%

Return on Equity

27.13%

Return on Assets

13.4%

Free Cashflow Yield

20.5%

DVN Fundamentals

DVN Revenue

Revenue (TTM)

15.0B

Rev. Growth (Yr)

-4.34%

Rev. Growth (Qtr)

-5.89%

DVN Earnings

Earnings (TTM)

3.3B

Earnings Growth (Yr)

-40.1%

Earnings Growth (Qtr)

-48.26%

Breaking Down DVN Revenue

52 Week Range

42.7354.22

(Low)(High)

Last 7 days

-0.4%

Last 30 days

-4.3%

Last 90 days

23.4%

Trailing 12 Months

-0.1%

How does DVN drawdown profile look like?

DVN Financial Health

Current Ratio

1.04

Debt/Equity

0.46

Debt/Cashflow

1.17

DVN Investor Care

Buy Backs (1Y)

1.51%

Diluted EPS (TTM)

5.25

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	15.0B	0	0	0
2023	19.1B	16.8B	15.7B	15.1B
2022	15.7B	18.3B	19.7B	19.8B
2021	5.9B	8.2B	10.9B	13.8B
2020	6.2B	5.3B	4.9B	4.7B
2019	8.3B	8.2B	7.9B	6.0B
2018	6.8B	6.4B	7.2B	8.9B
2017	12.1B	11.8B	8.6B	7.2B
2016	12.0B	11.1B	11.7B	12.2B
2015	21.3B	22.1B	23.1B	13.1B
2014	9.7B	10.2B	10.4B	20.6B
2013	8.8B	8.5B	8.9B	9.0B
2012	11.8B	11.1B	9.5B	9.5B
2011	8.9B	9.9B	11.0B	11.5B
2010	9.3B	9.7B	10.3B	9.9B
2009	12.8B	11.1B	6.9B	8.0B
2008	0	11.3B	12.6B	13.9B
2007	0	0	0	10.0B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Devon Energy Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 07, 2024	cashion tana k	sold	-1,020,800	51.04	-20,000	evp human resources and admin
Apr 10, 2024	sherrer john bennett	sold (taxes)	-21,749	54.51	-399	vp accounting & controller
Mar 12, 2024	gaspar clay m	gifted	-	-	-186,289	evp and coo
Mar 12, 2024	gaspar clay m	gifted	-	-	186,289	evp and coo
Mar 04, 2024	muncrief richard e	bought	666,300	44.42	15,000	president and ceo
Mar 01, 2024	muncrief richard e	sold (taxes)	-1,822,170	44.39	-41,049	president and ceo
Mar 01, 2024	muncrief richard e	acquired	1,768,430	41.53	42,582	president and ceo
Feb 12, 2024	cameron dennis c	sold (taxes)	-1,496,560	42.24	-35,430	evp and general counsel
Feb 12, 2024	ritenour jeffrey l	acquired	-	-	35,985	evp & chief financial officer
Feb 12, 2024	cameron dennis c	acquired	-	-	24,622	evp and general counsel

Which funds bought or sold DVN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	SouthState Corp	unchanged	-	1,074	11,040	-%
May 06, 2024	Empirical Finance, LLC	added	2.92	184,341	1,500,530	0.09%
May 06, 2024	NewEdge Wealth, LLC	added	9.91	73,397	404,885	0.01%
May 06, 2024	Wealthspire Advisors, LLC	sold off	-100	-207,634	-	-%
May 06, 2024	KARPAS STRATEGIES, LLC	unchanged	-	34,248	352,163	0.11%
May 06, 2024	Savant Capital, LLC	added	9.83	182,610	1,025,670	0.01%
May 06, 2024	Addison Advisors LLC	unchanged	-	83.00	854	-%
May 06, 2024	Biltmore Wealth Management, LLC	unchanged	-	-	486,580	0.23%
May 06, 2024	Advisory Services Network, LLC	added	22.66	582,743	2,207,490	0.05%
May 06, 2024	ORG Partners LLC	reduced	-90.18	-75,223	9,369	0.02%

Are Funds Buying or Selling DVN?

Are funds buying DVN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own DVN

No. of Funds

Unveiling Devon Energy Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.53%	73,897,653	SC 13G/A
Jan 30, 2024	state street corp	6.25%	40,030,826	SC 13G/A
Jan 25, 2024	blackrock inc.	8.1%	51,995,001	SC 13G/A
Feb 09, 2023	vanguard group inc	11.91%	77,845,552	SC 13G/A
Feb 06, 2023	state street corp	6.60%	43,147,852	SC 13G/A
Jan 25, 2023	blackrock inc.	8.7%	56,828,011	SC 13G/A
Mar 11, 2022	blackrock inc.	9.1%	61,936,753	SC 13G/A
Feb 10, 2022	state street corp	6.19%	41,883,352	SC 13G/A
Feb 09, 2022	vanguard group inc	11.05%	74,797,975	SC 13G/A
Feb 08, 2022	blackrock inc.	9.1%	61,936,753	SC 13G

Recent SEC filings of Devon Energy Corp

View All Filings

Date Filed	Form Type	Document
May 07, 2024	144	Notice of Insider Sale Intent
May 07, 2024	4	Insider Trading
May 03, 2024	PX14A6G	PX14A6G
May 02, 2024	10-Q	Quarterly Report
May 01, 2024	8-K	Current Report
Apr 25, 2024	ARS	ARS
Apr 25, 2024	DEF 14A	DEF 14A
Apr 25, 2024	DEFA14A	DEFA14A
Apr 11, 2024	4	Insider Trading
Apr 09, 2024	144	Notice of Insider Sale Intent

Devon Energy Corp News

Latest updates

Devon Energy Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-5.9%	3,596	3,821	4,030	3,530	3,759	4,352	5,184	5,796	4,495	4,251	3,801	3,120	2,578	1,397	1,154	755	1,367	1,589	1,619	1,666	1,079
S&GA Expenses	-100.0%	-	111	99.00	92.00	106	122	95.00	84.00	94.00	95.00	95.00	94.00	107	82.00	75.00	79.00	102	119	107	114	135
EBITDA Margin	2.8%	0.28*	0.27*	0.26*	0.24*	0.20*	0.19*	0.19*	0.20*	0.24*	0.27*	0.31*	0.23*	-	-	-	-	-	-	-	-	-
Interest Expenses	-43.7%	63.00	112	77.00	88.00	101	85.00	100	85.00	100	85.00	100	105	114	65.00	64.00	66.00	64.00	66.00	81.00	108	53.00
Income Taxes	-40.9%	159	269	152	199	221	349	565	557	267	150	120	43.00	-248	-37.00	-90.00	-3.00	-417	-33.00	54.00	68.00	-119
Earnings Before Taxes	-	-	-	-	-	-	-	-	-	-	-	964	304	-32.00	-110	-193	-680	-2,107	-21.00	190	219	-497
EBT Margin	1.1%	0.08*	0.07*	0.07*	0.07*	0.06*	0.06*	0.06*	0.06*	0.07*	0.08*	0.10*	0.00*	-	-	-	-	-	-	-	-	-
Net Income	-48.3%	596	1,152	910	690	995	1,201	1,893	1,932	989	1,506	838	256	213	-102	-92.00	-670	-1,816	-642	109	495	-317
Net Income Margin	-9.7%	0.22*	0.25*	0.24*	0.28*	0.32*	0.30*	0.32*	0.29*	0.23*	0.20*	0.11*	0.03*	-	-	-	-	-	-	-	-	-
Free Cashflow	0.1%	1,738	1,737	1,251	931	1,203	1,437	1,630	2,204	1,363	1,142	1,124	589	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.0%	24,978	24,490	24,241	23,355	23,420	23,721	23,557	23,194	21,778	21,025	21,057	20,065	20,457	9,912	10,326	10,357	11,144	13,717	14,394	16,649	18,077
Current Assets	7.6%	3,398	3,157	3,212	2,605	3,189	3,891	4,009	6,351	4,973	4,249	4,227	3,076	3,467	3,260	3,477	3,378	4,055	3,851	2,846	5,167	2,703
Cash Equivalents	34.7%	1,149	853	654	488	887	1,314	1,166	3,457	2,625	2,099	2,144	1,539	1,878	2,237	1,707	1,669	1,727	1,844	1,375	3,853	1,355
Inventory	-6.0%	234	249	233	201	212	201	-	-	-	114	-	-	-	-	-	-	-	-	-	-	-
Net PPE	1.3%	19,584	19,328	19,031	18,763	18,515	18,106	17,793	15,113	15,074	15,008	15,078	15,189	15,274	5,393	5,556	5,686	5,780	8,593	10,177	10,037	13,864
Goodwill	0%	753	753	753	753	753	753	753	753	753	753	753	753	753	753	753	753	753	753	841	841	841
Current Liabilities	10.7%	3,266	2,949	3,330	2,669	2,931	3,105	3,460	4,094	3,754	3,087	3,505	3,072	2,945	1,440	1,709	1,452	1,554	1,927	1,658	3,467	1,968
Short Term Borrowings	-0.8%	479	483	487	244	247	251	255	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Debt	-0.1%	5,668	5,672	5,675	6,169	6,175	6,189	6,196	6,461	6,471	6,482	6,492	6,502	7,042	4,298	4,297	4,296	4,295	4,294	4,295	4,294	5,786
LT Debt, Current	-0.8%	479	483	-	-	-	-	-	-	-	-	-	-	226	-	-	-	-	-	-	-	-
LT Debt, Non Current	-100.0%	-	5,672	5,675	6,169	6,175	6,189	6,196	6,461	6,471	6,482	6,492	6,502	7,042	4,298	4,297	4,296	4,295	4,294	4,295	4,294	5,786
Shareholder's Equity	2.3%	12,341	12,061	11,639	11,150	11,103	11,167	11,007	10,226	9,435	9,399	9,061	8,535	8,486	3,019	3,148	3,353	4,040	5,920	6,542	6,994	7,857
Retained Earnings	5.1%	6,509	6,195	5,535	4,940	4,712	4,297	3,981	3,107	2,013	1,692	750	243	218	208	351	586	1,298	3,148	3,812	3,738	3,280
Additional Paid-In Capital	-3.7%	5,718	5,939	6,153	6,131	6,344	6,921	6,956	7,060	7,371	7,636	8,206	8,189	8,172	2,766	2,750	2,720	2,701	2,735	2,815	3,352	3,518
Minority Interest	11.5%	174	156	140	129	126	129	134	136	135	137	137	136	133	134	125	126	121	118	-	-	-
Float	-	-	-	-	30,800	-	-	-	35,900	-	-	-	19,600	-	-	-	4,300	-	-	-	11,600	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	0.1%	1,738	1,737	1,725	1,405	1,677	1,911	2,104	2,678	1,837	1,616	1,598	1,093	592	358	427	150	529	579	595	432	437
Share Based Compensation	4.3%	24.00	23.00	22.00	25.00	23.00	23.00	22.00	23.00	20.00	19.00	19.00	20.00	41.00	18.00	31.00	19.00	20.00	23.00	23.00	25.00	44.00
Cashflow From Investing	-1.2%	-921	-910	-897	-1,102	-1,033	-829	-3,098	-670	-526	-518	-474	-452	-130	-215	-203	-305	-404	-368	-522	-471	-190
Cashflow From Financing	24.4%	-541	-716	-553	-704	-1,211	-940	-1,143	-1,171	-959	-1,149	-337	-982	-824	-134	-46.00	-39.00	-87.00	-23.50	-597	-227	-1,214
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	329	229	203	-	43.00	42.00	34.00	-	-	-	-
Buy Backs	-12.4%	205	234	-	228	517	57.00	126	324	211	589	-	-	-	-	-	-	38.00	103	561	187	999

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DVN Income Statement

2024-03-31

Consolidated Statements of Comprehensive Earnings - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Oil, gas and NGL sales	$ 3,741	$ 3,759
Oil, gas and NGL derivatives	(145)	64
Total revenues	3,596	3,823
Production expenses	751	693
Exploration expenses	9	3
Depreciation, depletion and amortization	722	615
Asset dispositions	1	0
General and administrative expenses	114	106
Financing costs, net	76	72
Other, net	22	5
Total expenses	2,828	2,599
Earnings before income taxes	768	1,224
Income tax expense	159	221
Net earnings	609	1,003
Net earnings attributable to noncontrolling interests	13	8
Net earnings attributable to Devon	$ 596	$ 995
Net earnings per share:
Basic net earnings per share	$ 0.95	$ 1.53
Diluted net earnings per share	$ 0.94	$ 1.53
Comprehensive earnings:
Net earnings	$ 609	$ 1,003
Other comprehensive earnings, net of tax:
Pension and postretirement plans	1	1
Other comprehensive earnings, net of tax	1	1
Comprehensive earnings:	610	1,004
Comprehensive earnings attributable to noncontrolling interests	13	8
Comprehensive earnings attributable to Devon	597	996
Oil, Gas and NGL Sales [Member]
Oil, gas and NGL sales	2,629	2,679
Marketing and Midstream Revenues [Member]
Oil, gas and NGL sales	1,112	1,080
Marketing and Midstream Expenses [Member]
Expenses	$ 1,133	$ 1,105

DVN Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($)
$ in Millions

Mar. 31, 2024

Dec. 31, 2023

ASSETS

Cash, cash equivalents and restricted cash

$ 1,149

$ 875

Accounts receivable

1,670

1,573

Inventory

234

249

Other current assets

345

460

Total current assets

3,398

3,157

Oil and gas property and equipment, based on successful efforts accounting, net

18,033

17,825

Other property and equipment, net ($154 million and $136 million related to CDM in 2024 and 2023, respectively)

^[1]

1,551

1,503

Total property and equipment, net

19,584

19,328

Goodwill

753

Right-of-use assets

276

267

Investments

713

666

Other long-term assets

254

319

Total assets

24,978

24,490

LIABILITIES AND EQUITY

Accounts payable

879

760

Revenues and royalties payable

1,268

1,222

Short-term debt

479

483

Income taxes payable

189

Other current liabilities

451

417

Total current liabilities

3,266

2,949

Long-term debt

5,668

5,672

Lease liabilities

301

295

Asset retirement obligations

683

643

Other long-term liabilities

841

876

Deferred income taxes

1,878

1,838

Stockholders' equity:

Common stock, $0.10 par value. Authorized 1.0 billion shares; issued 633 million and 636 million shares in 2024 and 2023, respectively

Additional paid-in capital

5,718

5,939

Retained earnings

6,509

6,195

Accumulated other comprehensive loss

(123)

(124)

Treasury stock, at cost, 0.3 million shares in 2023

(13)

Total stockholders’ equity attributable to Devon

12,167

12,061

Noncontrolling interests

174

156

Total equity

12,341

12,217

Total liabilities and equity

$ 24,978

$ 24,490

[1]	$154 million and $136 million related to CDM in 2024 and 2023, respectively.

About Devon Energy Corp

Devon Energy Corporation, an independent energy company, explores for, develops, and produces oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Anadarko, Williston, Eagle Ford, and Powder River Basin. The company was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.

CEO	Mr. Richard E. Muncrief
WEBSITE	devonenergy.com
INDUSTRY	Oil - E&P
EMPLOYEES	1800

Devon Energy Corp Frequently Asked Questions

What is the ticker symbol for Devon Energy Corp? What does DVN stand for in stocks?

DVN is the stock ticker symbol of Devon Energy Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Devon Energy Corp (DVN)?

As of Tue May 07 2024, market cap of Devon Energy Corp is 32.21 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of DVN stock?

You can check DVN's fair value in chart for subscribers.

What is the fair value of DVN stock?

You can check DVN's fair value in chart for subscribers. The fair value of Devon Energy Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Devon Energy Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for DVN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Devon Energy Corp a good stock to buy?

The fair value guage provides a quick view whether DVN is over valued or under valued. Whether Devon Energy Corp is cheap or expensive depends on the assumptions which impact Devon Energy Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for DVN.

What is Devon Energy Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, DVN's PE ratio (Price to Earnings) is 9.62 and Price to Sales (PS) ratio is 2.15. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. DVN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Devon Energy Corp's stock?

In the past 10 years, Devon Energy Corp has provided -0.004 (multiply by 100 for percentage) rate of return.