Devon Financial Statements From 2010 to 2024
| D1VN34 Stock | BRL 194.40 1.80 0.92% |
Check Devon Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Devon Energy's main balance sheet or income statement drivers, such as , as well as many indicators such as . Devon financial statements analysis is a perfect complement when working with Devon Energy Valuation or Volatility modules.
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Devon Energy Company Operating Margin Analysis
Devon Energy's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Devon Energy Operating Margin | 0.43 % |
Most of Devon Energy's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Devon Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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Based on the recorded statements, Devon Energy has an Operating Margin of 0.4349%. This is 93.92% lower than that of the Energy sector and 98.36% lower than that of the Oil & Gas E&P industry. The operating margin for all Brazil stocks is 107.89% lower than that of the firm.
Devon Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Devon Energy's current stock value. Our valuation model uses many indicators to compare Devon Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Devon Energy competition to find correlations between indicators driving Devon Energy's intrinsic value. More Info.Devon Energy is rated # 4 in return on equity category among its peers. It is rated # 5 in return on asset category among its peers reporting about 0.36 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Devon Energy is roughly 2.76 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Devon Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Devon Energy's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Devon Energy Financial Statements
Devon Energy stakeholders use historical fundamental indicators, such as Devon Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although Devon Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Devon Energy's assets and liabilities are reflected in the revenues and expenses on Devon Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Devon Energy. Please read more on our technical analysis and fundamental analysis pages.
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. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma. DEVON ENERGYDRN operates under Oil Gas EP classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 1400 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Devon Stock
When determining whether Devon Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Devon Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Devon Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Devon Energy Stock:Check out the analysis of Devon Energy Correlation against competitors. For information on how to trade Devon Stock refer to our How to Trade Devon Stock guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.