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Devon Energy Corp Stock Research

DVN

46.85USD-0.91(-1.91%)Market Closed

Market Summary

USD46.85-0.91
Market Closed
-1.91%

DVN Alerts

DVN Stock Price

DVN RSI Chart

DVN Valuation

Market Cap

49.8B

Price/Earnings (Trailing)

9.45

Price/Sales (Trailing)

2.71

EV/EBITDA

13.23

Price/Free Cashflow

6.44

DVN Price/Sales (Trailing)

DVN Profitability

EBT Margin

6.14%

Return on Equity

53.86%

Return on Assets

25.36%

Free Cashflow Yield

15.53%

DVN Fundamentals

DVN Revenue

Revenue (TTM)

19.8B

Revenue Y/Y

2.38%

Revenue Q/Q

-16.05%

DVN Earnings

Earnings (TTM)

6.0B

Earnings Y/Y

-20.25%

Earnings Q/Q

-36.56%

Price Action

52 Week Range

44.0378.82
(Low)(High)

Last 7 days

1.3%

Last 30 days

-12.8%

Last 90 days

-25.0%

Trailing 12 Months

-22.8%

DVN Financial Health

Current Ratio

1.25

DVN Investor Care

Buy Backs (1Y)

3.44%

Diluted EPS (TTM)

9.12

Peers (Alternatives to Devon Energy)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
60.9B
25.7B
-12.32% -11.45%
7.85
2.37
37.87% 66.36%
60.4B
37.1B
-2.37% -1.82%
4.68
1.64
40.97% 472.95%
49.8B
19.8B
-12.80% -22.77%
9.45
2.71
44.20% 113.83%
45.2B
24.4B
-8.11% -23.73%
5.77
1.85
36.45% 270.40%
22.8B
9.6B
-5.39% -5.44%
5.21
2.37
41.87% 101.01%
14.4B
11.9B
-10.98% -15.74%
4.67
1.31
50.58% 232.96%
MID-CAP
8.6B
14.3B
-18.62% -33.34%
2.35
0.6
36.25% 156.85%
5.8B
5.3B
4.25% -14.47%
4.92
1.09
49.01% 187.38%
5.3B
3.2B
-22.72% -17.58%
4.39
1.67
71.67% 107.57%
4.4B
3.6B
-33.88% 7.97%
4.99
1.94
130.82% 480.77%
3.0B
2.2B
-12.02% 0.61%
13.26
1.34
68.57% 391.06%
2.8B
3.6B
-10.88% -10.09%
2.45
0.77
96.03% 571.98%
1.9B
3.2B
-13.57% -47.89%
1.55
0.58
60.18% 231.32%
SMALL-CAP
1.7B
7.3B
4.64% 131.86%
4.53
0.23
55.45% 547.97%
805.4M
1.9B
-8.19% -35.44%
1.28
0.42
37.78% 335.50%

Financials for Devon Energy

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue0.5%19,82719,72618,34315,66713,750
  S&GA Expenses7.3%395368368378391
EBITDA-0.2%3,2983,306---
EBITDA Margin-14.8%0.18*0.21*---
EBT Margin-14.6%0.06*0.07*---
Interest Expenses0%370370370390404
Net Income-4.8%6,0156,3205,2653,5892,813
Net Income Margin-5.3%0.30*0.32*0.21*0.23*-
Free Cahsflow3.6%8,5308,2357,7294,175-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.7%23,72123,55723,19421,77821,025
  Current Assets-2.9%3,8914,0096,3514,9734,249
    Cash Equivalents12.7%1,3141,1663,4572,6252,099
  Inventory76.3%201114---
  Net PPE1.8%18,10617,79315,11315,07415,008
  Goodwill0%753753753753753
  Current Liabilities-10.3%3,1053,4604,0943,7543,087
.    Short Term Borrowings-1.6%251255---
    LT Debt, Non Current-0.1%6,1896,1966,4616,4716,482
Shareholder's Equity2.7%11,16710,87310,2269,4359,262
  Retained Earnings7.9%4,2973,9813,1072,0131,692
  Additional Paid-In Capital-0.5%6,9216,9567,0607,3717,636
Minority Interest-3.7%129134136135137
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations3.6%8,5308,2357,7296,1444,899
  Share Based Compensation4.8%88.0084.0081.0078.0099.00
Cashflow From Investing-6.5%-5,123-4,812-2,188-1,970-1,574
Cashflow From Financing4.7%-4,213-4,422-3,616-3,427-3,292
  Buy Backs-42.6%7181,2501,124800589

Risks for DVN

What is the probability of a big loss on DVN?

83.1%


Probability that Devon Energy stock will be more than 20% underwater in next one year

66.2%


Probability that Devon Energy stock will be more than 30% underwater in next one year.

44.6%


Probability that Devon Energy stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does DVN drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Devon Energy was unfortunately bought at previous high price.

Drawdowns

Returns for DVN

Cumulative Returns on DVN

0.5%


10-Year Cumulative Returns

11.4%


7-Year Cumulative Returns

11.6%


5-Year Cumulative Returns

106.0%


3-Year Cumulative Returns

What are the long-term rolling returns for DVN?

FIve years rolling returns for Devon Energy.

Annualized Returns

Which funds bought or sold DVN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
added
25.09
941,751
4,312,750
0.12%
2023-03-10
MATHER GROUP, LLC.
added
1.19
9,549
276,549
-%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-1.21
3,787,780
361,657,000
0.40%
2023-03-07
Nordwand Advisors, LLC
new
-
6,641,540
6,641,540
0.83%
2023-03-06
OLD MISSION CAPITAL LLC
new
-
481,746
481,746
0.01%
2023-03-06
Rockefeller Capital Management L.P.
added
27.28
3,344,000
14,423,000
0.07%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
added
1.17
2,500
74,500
0.04%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
266,953
266,953
-%
2023-03-01
Regal Investment Advisors LLC
sold off
-100
-213,000
-
-%
2023-03-01
Lakewood Asset Management LLC
new
-
62,000
62,000
0.05%

1–10 of 46

Latest Funds Activity

Are funds buying DVN calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own DVN
No. of Funds

Devon Energy News

MarketWatch

Halliburton Co. stock underperforms Thursday when compared to competitors.

MarketWatch,
52 minutes ago

Kiplinger's Personal Finance

Investor's Business Daily

InvestorsObserver

The Motley Fool

Schedule 13G FIlings of Devon Energy

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Jan 31, 2022
invesco ltd.
2.8%
19,117,054
SC 13G/A
Oct 21, 2021
encap energy capital fund x, l.p.
0.72%
4,903,935
SC 13D/A
Feb 25, 2021
encap energy capital fund x, l.p.
0.97%
0
SC 13D/A

DVN Fair Value

Recent SEC filings of Devon Energy

View All Filings
Date Filed Form Type Document
Mar 15, 2023
4
Insider Trading
Mar 15, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 03, 2023
S-3ASR
S-3ASR
Feb 23, 2023
4
Insider Trading

Latest Insider Trading transactions for DVN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-14
Gaspar Clay M
bought
999,600
49.98
20,000
evp and coo
2023-03-14
Muncrief Richard E
bought
377,250
50.3
7,500
president and ceo
2023-03-09
CAMERON DENNIS C
sold (taxes)
-665,959
52.98
-12,570
evp and general counsel
2023-03-09
Muncrief Richard E
sold (taxes)
-3,884,490
52.98
-73,320
president and ceo
2023-03-09
Gaspar Clay M
sold (taxes)
-1,686,990
52.98
-31,842
evp and coo
2023-03-02
Muncrief Richard E
sold (taxes)
-8,417,330
55.7
-151,119
president and ceo
2023-03-02
CAMERON DENNIS C
sold (taxes)
-1,293,240
55.7
-23,218
evp and general counsel
2023-03-02
Gaspar Clay M
sold (taxes)
-3,655,590
55.7
-65,630
evp and coo
2023-02-22
Muncrief Richard E
bought
265,000
53.00
5,000
president and ceo
2023-02-17
BETHANCOURT JOHN E
bought
199,771
53.06
3,765
-

1–10 of 50

Richard E. Muncrief
1600
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 1971 and is headquartered in Oklahoma City, Oklahoma.

DVN Income Statement

2022-12-31
Consolidated Statements of Comprehensive Earnings - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues from contracts with customers$ 19,827$ 13,750$ 4,673
Oil, gas and NGL derivatives(658)(1,544)155
Total revenues19,16912,2064,828
Production expenses2,7972,1311,123
Exploration expenses2914167
Depreciation, depletion and amortization2,2232,1581,300
Asset impairments002,693
Asset dispositions(44)(168)(1)
General and administrative expenses395391338
Financing costs, net309329270
Restructuring and transaction costs025849
Other, net(95)(43)(34)
Total expenses11,3949,3087,918
Earnings (loss) from continuing operations before income taxes7,7752,898(3,090)
Income tax expense (benefit)1,73865(547)
Net earnings (loss) from continuing operations6,0372,833(2,543)
Net loss from discontinued operations, net of income taxes00(128)
Net earnings (loss)6,0372,833(2,671)
Net earnings attributable to noncontrolling interests22209
Net earnings (loss) attributable to Devon$ 6,015$ 2,813$ (2,680)
Basic net earnings (loss) per share:   
Basic earnings (loss) from continuing operations per share$ 9.15$ 4.20$ (6.78)
Basic loss from discontinued operations per share00(0.34)
Basic net earnings per share9.154.20(7.12)
Diluted net earnings (loss) per share:   
Diluted earnings (loss) from continuing operations per share9.124.19(6.78)
Diluted loss from discontinued operations per share00(0.34)
Diluted net earnings (loss) per share$ 9.12$ 4.19$ (7.12)
Comprehensive earnings (loss):   
Net earnings (loss)$ 6,037$ 2,833$ (2,671)
Other comprehensive earnings (loss), net of tax:   
Pension and postretirement plans16(5)(8)
Other comprehensive loss, net of tax16(5)(8)
Comprehensive earnings (loss):6,0532,828(2,679)
Comprehensive earnings attributable to noncontrolling interests22209
Comprehensive earnings (loss) attributable to Devon6,0312,808(2,688)
Oil, Gas and NGL Sales [Member]   
Revenues from contracts with customers14,0829,5312,695
Marketing and Midstream Revenues [Member]   
Revenues from contracts with customers5,7454,2191,978
Marketing and Midstream Expenses [Member]   
Marketing and midstream expenses$ 5,780$ 4,238$ 2,013

DVN Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
ASSETS  
Cash, cash equivalents and restricted cash$ 1,454$ 2,271
Accounts receivable1,7671,543
Inventory201114
Other current assets469321
Total current assets3,8914,249
Oil and gas property and equipment, based on successful efforts accounting, net16,56713,536
Other property and equipment, net ($109 million and $111 million related to CDM in 2022 and 2021, respectively)[1]1,5391,472
Total property and equipment, net18,10615,008
Goodwill753753
Right-of-use assets224235
Investments440402
Other long-term assets307378
Total assets23,72121,025
LIABILITIES AND EQUITY  
Accounts payable859500
Revenues and royalties payable1,5061,456
Short-term debt2510
Other current liabilities4891,131
Total current liabilities3,1053,087
Long-term debt6,1896,482
Lease liabilities257252
Asset retirement obligations511468
Other long-term liabilities9001,050
Deferred income taxes1,463287
Stockholders' equity:  
Common stock, $0.10 par value. Authorized 1.0 billion shares; issued 653 million and 663 million shares in 2022 and 2021, respectively6566
Additional paid-in capital6,9217,636
Retained earnings4,2971,692
Accumulated other comprehensive loss(116)(132)
Total stockholders’ equity attributable to Devon11,1679,262
Noncontrolling interests129137
Total equity11,2969,399
Total liabilities and equity$ 23,721$ 21,025
[1]$109 million and $111 million related to CDM in 2022 and 2021, respectively.