Is Devon Energy Stock a Good Investment?
Devon Energy Investment Advice | DVN |
- Examine Devon Energy's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Devon Energy's leadership team and their track record. Good management can help Devon Energy navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil & Gas Exploration & Production space and any emerging trends that could impact Devon Energy's business and its evolving consumer preferences.
- Compare Devon Energy's performance and market position to its competitors. Analyze how Devon Energy is positioned in terms of product offerings, innovation, and market share.
- Check if Devon Energy pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Devon Energy's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Devon Energy stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Devon Energy is a good investment.
Sell | Buy |
Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Devon Energy Stock
Researching Devon Energy's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 79.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.62. Some equities with similar Price to Book (P/B) outperform the market in the long run. Devon Energy last dividend was issued on the 14th of March 2025. The entity had 2:1 split on the 16th of November 2004.
To determine if Devon Energy is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Devon Energy's research are outlined below:
| Devon Energy is unlikely to experience financial distress in the next 2 years | |
| Over 79.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from zacks.com: Devon Energy Advances While Market Declines Some Information for Investors |
Devon Energy Quarterly Good Will |
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Devon Energy uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Devon Energy. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Devon Energy's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Devon Energy's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Devon Energy's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
1999-01-27 | 1998-12-31 | 0.1 | 0.09 | -0.01 | 10 | ||
1999-07-28 | 1999-06-30 | 0.11 | 0.13 | 0.02 | 18 | ||
1996-08-14 | 1996-06-30 | 0.14 | 0.16 | 0.02 | 14 | ||
1996-05-06 | 1996-03-31 | 0.11 | 0.13 | 0.02 | 18 | ||
1999-11-10 | 1999-09-30 | 0.16 | 0.19 | 0.03 | 18 | ||
1998-01-27 | 1997-12-31 | 0.3 | 0.27 | -0.03 | 10 | ||
2020-02-18 | 2019-12-31 | 0.32 | 0.36 | 0.04 | 12 | ||
2017-02-14 | 2016-12-31 | 0.21 | 0.25 | 0.04 | 19 |
Know Devon Energy's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Devon Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Devon Energy backward and forwards among themselves. Devon Energy's institutional investor refers to the entity that pools money to purchase Devon Energy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Dimensional Fund Advisors, Inc. | 2024-12-31 | 9.3 M | Ubs Group Ag | 2024-12-31 | 8.4 M | Bank Of America Corp | 2024-12-31 | 7.7 M | Ubs Asset Mgmt Americas Inc | 2024-12-31 | 6.3 M | Northern Trust Corp | 2024-12-31 | 6.3 M | Raymond James & Associates | 2024-09-30 | 6 M | Encap Energy Capital Fund X, L.p. | 2024-12-31 | 5.9 M | Smead Capital Management Inc | 2024-12-31 | 5.7 M | Thrivent Financial For Lutherans | 2024-12-31 | 5.7 M | Vanguard Group Inc | 2024-12-31 | 80.7 M | Blackrock Inc | 2024-12-31 | 53.8 M |
Devon Energy's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 23.43 B.Market Cap |
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Devon Energy's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.10 | 0.10 | |
| Return On Capital Employed | 0.39 | 0.41 | |
| Return On Assets | 0.09 | 0.10 | |
| Return On Equity | 0.20 | 0.21 |
Determining Devon Energy's profitability involves analyzing its financial statements and using various financial metrics to determine if Devon Energy is a good buy. For example, gross profit margin measures Devon Energy's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Devon Energy's profitability and make more informed investment decisions.
Devon Energy's Earnings Breakdown by Geography
Evaluate Devon Energy's management efficiency
Devon Energy has Return on Asset of 0.0931 % which means that on every $100 spent on assets, it made $0.0931 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2186 %, implying that it generated $0.2186 on every 100 dollars invested. Devon Energy's management efficiency ratios could be used to measure how well Devon Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 21st of March 2025, Return On Tangible Assets is likely to grow to 0.10. Also, Return On Capital Employed is likely to grow to 0.41. At this time, Devon Energy's Non Currrent Assets Other are very stable compared to the past year. As of the 21st of March 2025, Other Current Assets is likely to grow to about 336.8 M, while Total Assets are likely to drop about 20.6 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 23.27 | 17.24 | |
| Tangible Book Value Per Share | 22.07 | 12.70 | |
| Enterprise Value Over EBITDA | 3.94 | 3.88 | |
| Price Book Value Ratio | 1.43 | 1.45 | |
| Enterprise Value Multiple | 3.94 | 3.88 | |
| Price Fair Value | 1.43 | 1.45 | |
| Enterprise Value | 26.1 B | 27.4 B |
The leadership approach at Devon Energy's fosters a culture of excellence and accountability. Our analysis examines how this culture influences financial outcomes and stock valuation.
Basic technical analysis of Devon Stock
As of the 21st of March, Devon Energy shows the Downside Deviation of 2.12, coefficient of variation of 2197.52, and Mean Deviation of 1.71. Devon Energy technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.Devon Energy's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Devon Energy insiders, such as employees or executives, is commonly permitted as long as it does not rely on Devon Energy's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Devon Energy insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Clay Gaspar over a month ago Disposition of 2777 shares by Clay Gaspar of Devon Energy at 42.24 subject to Rule 16b-3 | ||
Clay Gaspar over six months ago Disposition of 186289 shares by Clay Gaspar of Devon Energy subject to Rule 16b-3 | ||
John Bethancourt over six months ago Acquisition by John Bethancourt of 1703 shares of Devon Energy subject to Rule 16b-3 | ||
Dennis Cameron over six months ago Disposition of 2647 shares by Dennis Cameron of Devon Energy at 52.98 subject to Rule 16b-3 | ||
Valerie Williams over a year ago Acquisition by Valerie Williams of 4596 shares of Devon Energy subject to Rule 16b-3 |
Devon Energy's Outstanding Corporate Bonds
Devon Energy issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Devon Energy uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Devon bonds can be classified according to their maturity, which is the date when Devon Energy has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| US25179SAD27 Corp BondUS25179SAD27 | View | |
| DEVON ENERGY P Corp BondUS251799AA02 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| DVN 5875 15 JUN 28 Corp BondUS25179MBE21 | View | |
| DVN 45 15 JAN 30 Corp BondUS25179MBF95 | View | |
| US25179MAU71 Corp BondUS25179MAU71 | View |
Understand Devon Energy's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Devon Energy's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0463 | |||
| Market Risk Adjusted Performance | (34.28) | |||
| Mean Deviation | 1.71 | |||
| Semi Deviation | 2.07 | |||
| Downside Deviation | 2.12 | |||
| Coefficient Of Variation | 2197.52 | |||
| Standard Deviation | 2.18 | |||
| Variance | 4.75 | |||
| Information Ratio | 0.0741 | |||
| Jensen Alpha | 0.089 | |||
| Total Risk Alpha | 0.2668 | |||
| Sortino Ratio | 0.076 | |||
| Treynor Ratio | (34.29) | |||
| Maximum Drawdown | 12.69 | |||
| Value At Risk | (3.32) | |||
| Potential Upside | 2.98 | |||
| Downside Variance | 4.51 | |||
| Semi Variance | 4.27 | |||
| Expected Short fall | (1.81) | |||
| Skewness | 0.2851 | |||
| Kurtosis | 1.19 |
| Risk Adjusted Performance | 0.0463 | |||
| Market Risk Adjusted Performance | (34.28) | |||
| Mean Deviation | 1.71 | |||
| Semi Deviation | 2.07 | |||
| Downside Deviation | 2.12 | |||
| Coefficient Of Variation | 2197.52 | |||
| Standard Deviation | 2.18 | |||
| Variance | 4.75 | |||
| Information Ratio | 0.0741 | |||
| Jensen Alpha | 0.089 | |||
| Total Risk Alpha | 0.2668 | |||
| Sortino Ratio | 0.076 | |||
| Treynor Ratio | (34.29) | |||
| Maximum Drawdown | 12.69 | |||
| Value At Risk | (3.32) | |||
| Potential Upside | 2.98 | |||
| Downside Variance | 4.51 | |||
| Semi Variance | 4.27 | |||
| Expected Short fall | (1.81) | |||
| Skewness | 0.2851 | |||
| Kurtosis | 1.19 |
Consider Devon Energy's intraday indicators
Devon Energy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Devon Energy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Devon Energy Corporate Filings
8K | 5th of March 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10K | 19th of February 2025 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
F4 | 11th of February 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 10th of February 2025 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Devon Stock media impact
Far too much social signal, news, headlines, and media speculation about Devon Energy that are available to investors today. That information is available publicly through Devon media outlets and privately through word of mouth or via Devon internal channels. However, regardless of the origin, that massive amount of Devon data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Devon Energy news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Devon Energy relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Devon Energy's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Devon Energy alpha.
Devon Energy Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Devon Energy can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Devon Energy Historical Investor Sentiment
Investor biases related to Devon Energy's public news can be used to forecast risks associated with an investment in Devon. The trend in average sentiment can be used to explain how an investor holding Devon can time the market purely based on public headlines and social activities around Devon Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Devon Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Devon Energy and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Devon Energy news discussions. The higher the estimate score, the more favorable the investor's outlook on Devon Energy.
Devon Energy Maximum Pain Price Across June 20th 2025 Option Contracts
Devon Energy's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Devon Energy close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Devon Energy's options.
Devon Energy Corporate Directors
| Robert Mosbacher | Lead Independent Director | Profile | |
| Karl Kurz | Independent Director | Profile | |
| Mary Ricciardello | Independent Director | Profile | |
| Barbara Baumann | Independent Director | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Devon Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. To learn how to invest in Devon Stock, please use our How to Invest in Devon Energy guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Devon Energy. If investors know Devon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Devon Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.46) | Dividend Share 1.45 | Earnings Share 4.56 | Revenue Per Share | Quarterly Revenue Growth 0.176 |
The market value of Devon Energy is measured differently than its book value, which is the value of Devon that is recorded on the company's balance sheet. Investors also form their own opinion of Devon Energy's value that differs from its market value or its book value, called intrinsic value, which is Devon Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Devon Energy's market value can be influenced by many factors that don't directly affect Devon Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Devon Energy's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Devon Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Devon Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.