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

52.70USD-0.72 (-1.35%)Market Closed

Market Summary

USD52.70-0.72

Market Closed

-1.35%

DVN Stock Price

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DVN RSI Chart

DVN Valuation

Market Cap

33.5B

Price/Earnings (Trailing)

8.93

Price/Sales (Trailing)

2.21

EV/EBITDA

8.07

Price/Free Cashflow

5.11

DVN Price/Sales (Trailing)

DVN Profitability

EBT Margin

7.44%

Return on Equity

31.07%

Return on Assets

15.3%

Free Cashflow Yield

19.56%

DVN Fundamentals

DVN Revenue

Revenue (TTM)

15.1B

Rev. Growth (Yr)

-12.2%

Rev. Growth (Qtr)

-5.19%

DVN Earnings

Earnings (TTM)

3.7B

Earnings Growth (Yr)

-4.08%

Earnings Growth (Qtr)

26.59%

Breaking Down DVN Revenue

Last 7 days

-1.4%

Last 30 days

10.7%

Last 90 days

26.4%

Trailing 12 Months

-5.4%

How does DVN drawdown profile look like?

DVN Financial Health

Current Ratio

1.07

Debt/Equity

0.47

Debt/Cashflow

1.15

DVN Investor Care

Buy Backs (1Y)

2.91%

Diluted EPS (TTM)

5.84

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
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

GRUFITY'S FAIR VALUE MODEL

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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
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	harris david gerard	acquired	-	-	35,985	evp chief corp develop officer
Feb 12, 2024	cameron dennis c	acquired	-	-	24,622	evp and general counsel
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

Which funds bought or sold DVN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	Global Assets Advisory, LLC	new	-	4,261,000	4,261,000	0.19%
Apr 12, 2024	DNB Asset Management AS	added	13.03	1,155,170	5,739,040	0.03%
Apr 12, 2024	Parkside Investments, LLC	reduced	-6.02	410,827	10,431,400	1.65%
Apr 12, 2024	Austin Private Wealth, LLC	sold off	-100	-143,276	-	-%
Apr 12, 2024	DELTA CAPITAL MANAGEMENT LLC	reduced	-50.00	-1,946,000	2,416,000	1.60%
Apr 12, 2024	DOLIVER ADVISORS, LP	added	8.58	100,110	593,880	0.17%
Apr 12, 2024	CENTRAL VALLEY ADVISORS, LLC	sold off	-100	-1,298,860	-	-%
Apr 12, 2024	Traynor Capital Management, Inc.	reduced	-53.45	-216,843	230,816	0.02%
Apr 12, 2024	Annex Advisory Services, LLC	added	3.7	178,202	1,376,360	0.05%
Apr 12, 2024	Dynamic Advisor Solutions LLC	added	4.51	129,432	1,043,940	0.04%

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
Apr 11, 2024	4	Insider Trading
Apr 09, 2024	144	Notice of Insider Sale Intent
Mar 13, 2024	4	Insider Trading
Mar 08, 2024	3	Insider Trading
Mar 04, 2024	4	Insider Trading
Feb 28, 2024	10-K	Annual Report
Feb 27, 2024	8-K	Current Report
Feb 14, 2024	4	Insider Trading
Feb 14, 2024	4	Insider Trading
Feb 14, 2024	4	Insider Trading

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-5.2%	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	3,530
S&GA Expenses	12.1%	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	124
EBITDA Margin	4.9%	0.27*	0.26*	0.24*	0.20*	0.19*	0.19*	0.20*	0.24*	0.27*	0.31*	0.23*	0.11*	-	-	-	-	-	-	-	-	-
Interest Expenses	45.5%	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	110
Income Taxes	77.0%	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	407
Earnings Before Taxes	-	-	-	-	-	-	-	-	-	-	964	304	-32.00	-110	-193	-680	-2,107	-21.00	190	219	-497	1,799
EBT Margin	3.5%	0.07*	0.07*	0.07*	0.06*	0.06*	0.06*	0.06*	0.07*	0.08*	0.10*	0.00*	-0.17*	-	-	-	-	-	-	-	-	-
Net Income	26.6%	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	1,149
Net Income Margin	2.2%	0.25*	0.24*	0.28*	0.32*	0.30*	0.32*	0.29*	0.23*	0.20*	0.11*	0.03*	-0.11*	-	-	-	-	-	-	-	-	-
Free Cashflow	0.7%	1,737	1,725	931	1,203	1,437	1,630	2,204	1,363	1,142	1,124	589	93.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	1.0%	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	19,566
Current Assets	-1.7%	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	4,437
Cash Equivalents	30.4%	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	2,446
Inventory	6.9%	249	233	201	212	201	-	-	-	114	-	-	-	-	-	-	-	-	-	-	-	-
Net PPE	1.6%	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	8,462
Goodwill	0%	753	753	753	753	753	753	753	753	753	753	753	753	753	753	753	753	753	841	841	841	753
Current Liabilities	-11.4%	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	2,226
Short Term Borrowings	-0.8%	483	487	244	247	251	255	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Debt	-0.1%	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	4,292
LT Debt, Non Current	-0.1%	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	4,292
Shareholder's Equity	3.6%	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	9,186
Retained Earnings	11.9%	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	3,650
Additional Paid-In Capital	-3.5%	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	4,486
Minority Interest	11.4%	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	0.7%	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	-24.50
Share Based Compensation	4.5%	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	23.00
Cashflow From Investing	-1.4%	-910	-897	-1,102	-1,033	-829	-3,098	-670	-526	-518	-474	-452	-130	-215	-203	-305	-404	-368	-522	-471	-190	-634
Cashflow From Financing	-29.5%	-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	-893
Dividend Payments	-	-	-	-	-	-	-	-	-	-	329	229	203	-	43.00	42.00	34.00	-	-	-	-	-
Buy Backs	-	234	-	228	517	57.00	126	324	211	589	-	-	-	-	-	-	38.00	103	561	187	999	759

DVN Income Statement

2023-12-31

Consolidated Statements of Comprehensive Earnings - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues from contracts with customers	$ 15,140	$ 19,827	$ 13,750
Oil, gas and NGL derivatives	118	(658)	(1,544)
Total revenues	15,258	19,169	12,206
Production expenses	2,928	2,797	2,131
Exploration expenses	20	29	14
Depreciation, depletion and amortization	2,554	2,223	2,158
Asset dispositions	(30)	(44)	(168)
General and administrative expenses	408	395	391
Financing costs, net	308	309	329
Restructuring and transaction costs	0	0	258
Other, net	38	(95)	(43)
Total expenses	10,635	11,394	9,308
Earnings (loss) from continuing operations before income taxes	4,623	7,775	2,898
Income tax expense (benefit)	841	1,738	65
Net earnings (loss)	3,782	6,037	2,833
Net earnings attributable to noncontrolling interests	35	22	20
Net earnings (loss) attributable to Devon	$ 3,747	$ 6,015	$ 2,813
Basic net earnings (loss) per share:
Basic net earnings per share	$ 5.86	$ 9.15	$ 4.2
Diluted net earnings (loss) per share:
Diluted net earnings (loss) per share	$ 5.84	$ 9.12	$ 4.19
Comprehensive earnings (loss):
Net earnings	$ 3,782	$ 6,037	$ 2,833
Other comprehensive earnings (loss), net of tax:
Pension and postretirement plans	(8)	16	(5)
Other comprehensive loss, net of tax	(8)	16	(5)
Comprehensive earnings (loss):	3,774	6,053	2,828
Comprehensive earnings attributable to noncontrolling interests	35	22	20
Comprehensive earnings (loss) attributable to Devon	3,739	6,031	2,808
Oil, Gas and NGL Sales [Member]
Revenues from contracts with customers	10,791	14,082	9,531
Marketing and Midstream Revenues [Member]
Revenues from contracts with customers	4,349	5,745	4,219
Marketing and Midstream Expenses [Member]
Marketing and midstream expenses	$ 4,409	$ 5,780	$ 4,238

DVN Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)
$ in Millions

Dec. 31, 2023

Dec. 31, 2022

ASSETS

Cash, cash equivalents and restricted cash

$ 875

$ 1,454

Accounts receivable

1,573

1,767

Inventory

249

201

Other current assets

460

469

Total current assets

3,157

3,891

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

17,825

16,567

Other property and equipment, net ($136 million and $109 million related to CDM in 2023 and 2022, respectively)

^[1]

1,503

1,539

Total property and equipment, net

19,328

18,106

Goodwill

753

Right-of-use assets

267

224

Investments

666

440

Other long-term assets

319

307

Total assets

24,490

23,721

LIABILITIES AND EQUITY

Accounts payable

760

859

Revenues and royalties payable

1,222

1,506

Short-term debt

483

251

Other current liabilities

484

489

Total current liabilities

2,949

3,105

Long-term debt

5,672

6,189

Lease liabilities

295

257

Asset retirement obligations

643

511

Other long-term liabilities

876

900

Deferred income taxes

1,838

1,463

Stockholders' equity:

Common stock, $0.10 par value. Authorized 1.0 billion shares; issued 636 million and 653 million shares in 2023 and 2022, respectively

Additional paid-in capital

5,939

6,921

Retained earnings

6,195

4,297

Accumulated other comprehensive loss

(124)

(116)

Treasury stock, at cost, 0.3 million shares in 2023

(13)

Total stockholders’ equity attributable to Devon

12,061

11,167

Noncontrolling interests

156

129

Total equity

12,217

11,296

Total liabilities and equity

$ 24,490

$ 23,721

[1]	$136 million and $109 million related to CDM in 2023 and 2022, 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 Mon Apr 15 2024, market cap of Devon Energy Corp is 33.46 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 Mon Apr 15 2024, DVN's PE ratio (Price to Earnings) is 8.93 and Price to Sales (PS) ratio is 2.21. 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 (multiply by 100 for percentage) rate of return.