Devon Energy Corporation (DVN)
Total Valuation
Devon Energy has a market cap or net worth of $30.98 billion. The enterprise value is $36.56 billion.
Market Cap | 30.98B |
Enterprise Value | 36.56B |
Important Dates
The next confirmed earnings date is Wednesday, May 1, 2024, after market close.
Earnings Date | May 1, 2024 |
Ex-Dividend Date | Mar 14, 2024 |
Share Statistics
Devon Energy has 635.00 million shares outstanding. The number of shares has decreased by -2.10% in one year.
Shares Outstanding | 635.00M |
Shares Change (YoY) | -2.10% |
Shares Change (QoQ) | n/a |
Owned by Insiders (%) | 0.71% |
Owned by Institutions (%) | 70.83% |
Float | 629.62M |
Valuation Ratios
The trailing PE ratio is 8.55 and the forward PE ratio is 10.24. Devon Energy's PEG ratio is 0.40.
PE Ratio | 8.55 |
Forward PE | 10.24 |
PS Ratio | 2.03 |
Forward PS | 2.06 |
PB Ratio | 2.57 |
P/FCF Ratio | 11.81 |
PEG Ratio | 0.40 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 4.91, with an EV/FCF ratio of 13.94.
EV / Earnings | 9.76 |
EV / Sales | 2.40 |
EV / EBITDA | 4.91 |
EV / EBIT | 7.47 |
EV / FCF | 13.94 |
Financial Position
The company has a current ratio of 1.07, with a Debt / Equity ratio of 0.53.
Current Ratio | 1.07 |
Quick Ratio | 0.83 |
Debt / Equity | 0.53 |
Debt / EBITDA | 0.87 |
Debt / FCF | 2.46 |
Interest Coverage | 15.90 |
Financial Efficiency
Return on equity (ROE) is 32.80% and return on invested capital (ROIC) is 21.92%.
Return on Equity (ROE) | 32.80% |
Return on Assets (ROA) | 15.70% |
Return on Capital (ROIC) | 21.92% |
Revenue Per Employee | $8.03M |
Profits Per Employee | $1.97M |
Employee Count | 1,900 |
Asset Turnover | 0.64 |
Inventory Turnover | 32.61 |
Taxes
In the past 12 months, Devon Energy has paid $841.00 million in taxes.
Income Tax | 841.00M |
Effective Tax Rate | 18.33% |
Stock Price Statistics
The stock price has increased by +2.57% in the last 52 weeks. The beta is 2.20, so Devon Energy's price volatility has been higher than the market average.
Beta (1Y) | 2.20 |
52-Week Price Change | +2.57% |
50-Day Moving Average | 44.40 |
200-Day Moving Average | 46.97 |
Relative Strength Index (RSI) | 78.78 |
Average Volume (30 Days) | 8,154,106 |
Short Selling Information
The latest short interest is 16.51 million, so 2.60% of the outstanding shares have been sold short.
Short Interest | 16.51M |
Short Previous Month | 15.01M |
Short % of Shares Out | 2.60% |
Short % of Float | 2.62% |
Short Ratio (days to cover) | 2.16 |
Income Statement
In the last 12 months, Devon Energy had revenue of $15.26 billion and earned $3.75 billion in profits. Earnings per share was $5.84.
Revenue | 15.26B |
Gross Profit | 7.92B |
Operating Income | 4.97B |
Pretax Income | 4.59B |
Net Income | 3.75B |
EBITDA | 7.45B |
EBIT | 4.90B |
Earnings Per Share (EPS) | $5.84 |
Balance Sheet
The company has $875.00 million in cash and $6.45 billion in debt, giving a net cash position of -$5.58 billion or -$8.78 per share.
Cash & Cash Equivalents | 875.00M |
Total Debt | 6.45B |
Net Cash | -5.58B |
Net Cash Per Share | -$8.78 |
Equity / Book Value | 12.06B |
Book Value Per Share | 18.99 |
Working Capital | 208.00M |
Cash Flow
In the last 12 months, operating cash flow was $6.54 billion and capital expenditures -$3.92 billion, giving a free cash flow of $2.62 billion.
Operating Cash Flow | 6.54B |
Capital Expenditures | -3.92B |
Free Cash Flow | 2.62B |
FCF Per Share | $4.10 |
Margins
Gross margin is 51.91%, with operating and profit margins of 32.57% and 24.56%.
Gross Margin | 51.91% |
Operating Margin | 32.57% |
Pretax Margin | 30.07% |
Profit Margin | 24.56% |
EBITDA Margin | 48.83% |
EBIT Margin | 32.09% |
FCF Margin | 17.19% |
Dividends & Yields
This stock pays an annual dividend of $2.42, which amounts to a dividend yield of 4.84%.
Dividend Per Share | $2.42 |
Dividend Yield | 4.84% |
Dividend Growth (YoY) | -52.17% |
Years of Dividend Growth | n/a |
Payout Ratio | 41.44% |
Buyback Yield | 2.10% |
Shareholder Yield | 6.99% |
Earnings Yield | 12.09% |
FCF Yield | 8.47% |
Analyst Forecast
The average price target for Devon Energy is $56.43, which is 12.89% higher than the current price. The consensus rating is "Buy".
Price Target | $56.43 |
Price Target Difference | 12.89% |
Analyst Consensus | Buy |
Analyst Count | 15 |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | 2.84% |
Stock Splits
The last stock split was on November 16, 2004. It was a forward split with a ratio of 2:1.
Last Split Date | Nov 16, 2004 |
Split Type | Forward |
Split Ratio | 2:1 |
Scores
Devon Energy has an Altman Z-Score of 3.16 and a Piotroski F-Score of 6.
Altman Z-Score | 3.16 |
Piotroski F-Score | 6 |