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Devon Energy Corp Stock Research

DVN

47.28USD+0.69(+1.48%)Delayedas of 25 Sep 2023, 11:48 am
Watchlist

Market Summary

USD47.28+0.69
Delayedas of 25 Sep 2023, 11:48 am
1.48%

DVN Alerts

DVN Stock Price

DVN RSI Chart

DVN Valuation

DVN Price/Sales (Trailing)

DVN Profitability

Return on Equity

54.85%

Return on Assets

25.71%

DVN Fundamentals

DVN Revenue

Revenue (TTM)

16.8B

Revenue Y/Y

-39.1%

Revenue Q/Q

-6.09%

DVN Earnings

Earnings (TTM)

4.8B

Earnings Y/Y

-64.29%

Earnings Q/Q

-30.65%

Price Action

52 Week Range

44.0375.78
(Low)(High)

Last 7 days

-6.2%

Last 30 days

-5.6%

Last 90 days

-1.2%

Trailing 12 Months

-23.2%

DVN Financial Health

Current Ratio

1.09

DVN Investor Care

Diluted EPS (TTM)

7.32

Historical Charts for Stock Metrics

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

Latest Insider Trading transactions for DVN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-04
CAMERON DENNIS C
sold
-402,393
51.13
-7,870
evp and general counsel
2023-06-07
Kelly Gennifer F.
acquired
-
-
4,596
-
2023-06-07
MOSBACHER ROBERT A JR
acquired
-
-
4,596
-
2023-06-07
KRENICKI JOHN
acquired
-
-
4,596
-
2023-06-07
Williams Valerie
acquired
-
-
4,596
-
2023-06-07
BAUMANN BARBARA M
acquired
-
-
4,596
-
2023-06-07
KINDICK KELT
acquired
-
-
4,596
-
2023-06-07
Fox Ann G
acquired
-
-
4,596
-
2023-06-07
BAUMANN BARBARA M
acquired
-
-
6,344
-
2023-06-07
Kurz Karl F
acquired
-
-
4,596
-

1–10 of 50

Which funds bought or sold DVN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-21
Jefferies Group LLC
added
473
3,574,910
4,254,200
0.04%
2023-09-21
Baystate Wealth Management LLC
unchanged
-
-1,902
40,509
-%
2023-09-20
BARCLAYS PLC
reduced
-8.42
-19,887,000
138,951,000
0.09%
2023-09-12
Farther Finance Advisors, LLC
added
77.64
152,144
370,600
0.08%
2023-09-12
Prosperity Wealth Management, Inc.
added
4.67
-94.00
396,517
0.26%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
reduced
-88.88
-109,423
13,003
-%
2023-09-07
ST GERMAIN D J CO INC
new
-
6,816
6,816
-%
2023-08-30
Western Wealth Management, LLC
added
4.49
-964
485,558
0.04%
2023-08-30
COOPERMAN LEON G
unchanged
-
-5,220,770
111,177,000
6.03%
2023-08-30
CHAPIN DAVIS, INC.
added
8.33
23,902
713,113
0.34%

1–10 of 46

Latest Funds Activity

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

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

Recent SEC filings of Devon Energy

View All Filings
Date Filed Form Type Document
Aug 07, 2023
4
Insider Trading
Aug 04, 2023
144
Notice of Insider Sale Intent
Aug 02, 2023
10-Q
Quarterly Report
Aug 01, 2023
8-K
Current Report
Jul 11, 2023
4/A
Insider Trading

Peers (Alternatives to Devon Energy)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
-
8.8B
-5.45% 9.03%
-
-
-19.24% -60.57%
71.1B
25.9B
-4.86% 4.22%
8.17
2.74
16.80% 52.54%
60.4B
31.8B
1.73% 2.14%
4.68
1.64
-6.68% -38.20%
52.2B
20.3B
-4.70% -1.58%
9.02
2.57
-14.26% -6.45%
27.0B
8.3B
1.59% 20.62%
7.73
3.25
-8.75% -9.74%
-
16.8B
-5.57% -23.23%
-
-
-8.28% -9.23%
MID-CAP
12.4B
13.4B
-3.79% -3.40%
3.7
0.92
15.65% 37.73%
7.2B
4.5B
-2.53% 9.77%
4.24
1.62
15.35% 216.30%
6.8B
2.8B
-5.76% 6.76%
7.3
2.46
1.90% -11.66%
3.3B
1.6B
2.44% 25.53%
15.28
2.01
-20.41% 13.75%
2.9B
2.9B
-9.45% -42.85%
2.99
1
9.57% 185.64%
2.3B
2.7B
2.29% 2.91%
2.46
0.86
12.93% 24.18%
-
4.0B
- -
-
-
72.02% 99.37%
SMALL-CAP
2.0B
7.3B
-5.67% 103.92%
3.29
0.28
21.02% 508.09%
805.4M
1.5B
-8.19% -35.44%
1.28
0.42
-22.98% 63.46%

Devon Energy News

MarketBeat
Devon Energy Co. (NYSE:DVN) to Post Q4 2024 Earnings of $1.51 ....
MarketBeat,
9 hours ago
Hellenic Shipping News Worldwide
The Motley Fool
3 Incredibly Cheap Dividend Stocks.
The Motley Fool,
3 days ago
InvestorPlace
Fitch Ratings
InvestorsObserver

Returns for DVN

Cumulative Returns on DVN

0.5%


10-Year Cumulative Returns

6.0%


7-Year Cumulative Returns

7.7%


5-Year Cumulative Returns

81.3%


3-Year Cumulative Returns

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

76.2%


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

Financials for Devon Energy

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-11.9%16,82519,09119,82719,72618,34315,66713,75010,8968,2495,8844,6734,8655,3306,2415,9537,8948,2498,3108,8967,7467,705
  S&GA Expenses2.0%415407395368368378391378358343338375407442475492513534574561603
EBITDA-----3,2983,3063,2843,0081,572904-1,237-1,067-5983961,9453,610-----
EBITDA Margin-----0.18*0.21*0.24*0.28*0.19*0.16*-0.26*-0.19*-0.10*0.05*0.31*0.43*-----
Interest Expenses0.8%374371370370370390404384348309259260277319308352332362385469459
Earnings Before Taxes--------1,126-31.00-1,015-3,090-3,001-2,618-1,719-1091,7111,416711944-809-497
EBT Margin-----0.06*0.07*0.08*0.10*0.00*-0.18*-0.64*-0.54*-0.42*-0.23*-0.02*0.17*-----
Net Income-20.6%4,7796,0216,0156,3205,2653,5892,8131,205275-651-2,680-3,220-3,019-1,854-3551,4363,8642,9443,0642,098-246
Net Income Margin-100.0%-0.32*0.30*0.32*0.21*0.23*0.20*0.11*0.03*-0.11*-0.56*-0.58*-0.49*-0.25*-0.06*------
Free Cashflow-100.0%-8,3708,5308,2357,7294,1752,9301,6728611805257465921,2242,012------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-0.3%23,35523,42023,72123,55723,19421,77821,02521,05720,06520,4579,91210,32610,35711,14413,71714,39416,64918,07719,56620,17229,159
  Current Assets-18.3%2,6053,1893,8914,0096,3514,9734,2494,2273,0763,4673,2603,4773,3784,0553,8512,8465,1672,7034,4374,75713,820
    Cash Equivalents-58.1%3728871,4541,1663,3002,6252,2712,1441,5391,8782,0471,7071,6691,7271,8441,3753,8531,3552,4463,1021,525
  Inventory-5.2%201212201---114--------------
  Net PPE1.3%18,76318,51518,10617,79315,11315,07415,00815,07815,18915,2745,3935,5565,6865,7808,59310,17710,03713,8648,46214,20214,121
  Goodwill0%753753753753753753753753753753753753753753753841841841753841841
  Current Liabilities-8.9%2,6692,9313,1053,4604,0943,7543,0873,5053,0722,9451,4401,7091,4521,5541,9271,6583,4671,9682,2263,2248,377
  Short Term Borrowings-1.2%244247251255-----------------
    LT Debt, Non Current-0.1%6,1696,1756,1896,1966,4616,4716,4826,4926,5027,0424,2984,2974,2964,2954,2944,2954,2945,7864,2925,7915,790
Shareholder's Equity-0.7%11,02111,10311,16710,87310,2269,4359,3999,0618,5358,4863,0193,1483,3534,0405,9206,5426,9947,8579,1868,89812,848
  Retained Earnings4.8%4,9404,7124,2973,9813,1072,0131,6927502432182083515861,2983,1483,8123,7383,2803,6502,5056.00
  Additional Paid-In Capital-3.4%6,1316,3446,9216,9567,0607,3717,6368,2068,1898,1722,7662,7502,7202,7012,7352,8153,3523,5184,4865,2176,888
Shares Outstanding--------561561-561----------
Minority Interest2.4%129126129134136135137137136133134125126121118-----4,834
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-15.2%7,0978,3708,5308,2357,7296,1444,8993,6412,4701,5271,4641,6851,8532,1352,0431,5281,4931,5871,5831,2831,224
  Share Based Compensation2.2%93.0091.0088.0084.0081.0078.0099.0098.0011010988.0093.0085.0091.00115117119147137128136
Cashflow From Investing-7.7%-6,062-5,630-5,123-4,812-2,188-1,970-1,574-1,271-1,000-853-1,127-1,280-1,599-1,765-1,551-1,862-1,818-1,340-1,671-1,364-1,079
Cashflow From Financing10.5%-3,998-4,465-4,213-4,422-3,616-3,427-3,292-2,277-1,986-1,043-306-196-747-935-2,061-2,936-4,099-4,348-4,377-3,509-1,780
  Dividend Payments--------1,015633384-159152136-------
  Buy Backs-9.4%9281,0247181,2501,124800589---38.001417028891,8492,5063,6433,8842,9562,929998

DVN Income Statement

2023-06-30
Consolidated Statements of Comprehensive Earnings - USD ($)
$ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues from contracts with customers$ 3,530$ 5,796$ 7,289$ 10,291
Oil, gas and NGL derivatives(76)(170)(12)(853)
Total revenues3,4545,6267,2779,438
Production expenses7197291,4121,347
Exploration expenses10101312
Depreciation, depletion and amortization6385281,2531,017
Asset dispositions(41)(14)(41)(15)
General and administrative expenses9284198178
Financing costs, net7884150169
Other, net101015(51)
Total expenses2,5573,1315,1565,681
Earnings before income taxes8972,4952,1213,757
Income tax expense199557420824
Net earnings6981,9381,7012,933
Net earnings attributable to noncontrolling interests861612
Net earnings attributable to Devon$ 690$ 1,932$ 1,685$ 2,921
Net earnings per share:    
Basic net earnings per share$ 1.08$ 2.94$ 2.61$ 4.42
Diluted net earnings per share$ 1.07$ 2.93$ 2.6$ 4.4
Comprehensive earnings:    
Net earnings$ 698$ 1,938$ 1,701$ 2,933
Other comprehensive earnings, net of tax:    
Pension and postretirement plans1122
Other comprehensive earnings, net of tax1122
Comprehensive earnings:6991,9391,7032,935
Comprehensive earnings attributable to noncontrolling interests861612
Comprehensive earnings attributable to Devon6911,9331,6872,923
Oil, Gas and NGL Sales [Member]    
Revenues from contracts with customers2,4934,1005,1727,275
Marketing and Midstream Revenues [Member]    
Revenues from contracts with customers1,0371,6962,1173,016
Marketing and Midstream Expenses [Member]    
Expenses$ 1,051$ 1,700$ 2,156$ 3,024

DVN Balance Sheet

2023-06-30
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
ASSETS  
Cash, cash equivalents and restricted cash$ 488$ 1,454
Accounts receivable1,5191,767
Inventory201201
Other current assets397469
Total current assets2,6053,891
Oil and gas property and equipment, based on successful efforts accounting, net17,31716,567
Other property and equipment, net ($112 million and $109 million related to CDM in 2023 and 2022, respectively)[1]1,4461,539
Total property and equipment, net18,76318,106
Goodwill753753
Right-of-use assets266224
Investments675440
Other long-term assets293307
Total assets23,35523,721
LIABILITIES AND EQUITY  
Accounts payable843859
Revenues and royalties payable1,1991,506
Short-Term Debt244251
Other current liabilities383489
Total current liabilities2,6693,105
Long-term debt6,1696,189
Lease liabilities299257
Asset retirement obligations548511
Other long-term liabilities858900
Deferred income taxes1,6621,463
Stockholders' equity:  
Common stock, $0.10 par value. Authorized 1.0 billion shares; issued 645 million and 653 million shares in 2023 and 2022, respectively6465
Additional paid-in capital6,1316,921
Retained earnings4,9404,297
Accumulated other comprehensive loss(114)(116)
Total stockholders’ equity attributable to Devon11,02111,167
Noncontrolling interests129129
Total equity11,15011,296
Total liabilities and equity$ 23,355$ 23,721
[1]$117 million and $109 million related to CDM in 2023 and 2022, respectively.
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.