Devon Interest Income from 2010 to 2026
| DVN Stock | USD 43.91 0.75 1.68% |
Interest Income | First Reported 2019-03-31 | Previous Quarter 112 M | Current Value 18 M | Quarterly Volatility 34.1 M |
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 Depreciation And Amortization of 4 B, Interest Expense of 259.5 M or Total Revenue of 18.8 B, as well as many indicators such as Price To Sales Ratio of 2.94, Dividend Yield of 0.0434 or PTB Ratio of 1.45. Devon financial statements analysis is a perfect complement when working with Devon Energy Valuation or Volatility modules.
Devon | Interest Income | Build AI portfolio with Devon Stock |
Evaluating Devon Energy's Interest Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Devon Energy's fundamental strength.
Latest Devon Energy's Interest Income Growth Pattern
Below is the plot of the Interest Income of Devon Energy over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. Devon Energy's Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Devon Energy's overall financial position and show how it may be relating to other accounts over time.
| Interest Income | 10 Years Trend |
|
Interest Income |
| Timeline |
Devon Interest Income Regression Statistics
| Arithmetic Mean | 297,047,647 | |
| Geometric Mean | 165,634,681 | |
| Coefficient Of Variation | 72.61 | |
| Mean Deviation | 189,366,920 | |
| Median | 287,000,000 | |
| Standard Deviation | 215,676,917 | |
| Sample Variance | 46516.5T | |
| Range | 569M | |
| R-Value | (0.92) | |
| Mean Square Error | 7712.7T | |
| R-Squared | 0.84 | |
| Slope | (39,250,784) | |
| Total Sum of Squares | 744264.5T |
Devon Interest Income History
Other Fundumenentals of Devon Energy
Devon Energy Interest Income component correlations
Click cells to compare fundamentals
About Devon Energy Financial Statements
Devon Energy investors utilize fundamental indicators, such as Interest Income, to predict how Devon Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Interest Income | 55.8 M | 53 M | |
| Net Interest Income | -417.4 M | -438.3 M |
Pair Trading with Devon Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Devon Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Devon Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Devon Stock
Moving against Devon Stock
| 0.78 | INDI | Indus Gas Limited | PairCorr |
| 0.76 | JGH | Jade Gas Holdings | PairCorr |
| 0.65 | LGN | Logan Energy Corp | PairCorr |
| 0.53 | AXP | AXP Energy | PairCorr |
| 0.51 | VIVK | Vivakor | PairCorr |
The ability to find closely correlated positions to Devon Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Devon Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Devon Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Devon Energy to buy it.
The correlation of Devon Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Devon Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Devon Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Devon Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Devon Energy Correlation against competitors. To learn how to invest in Devon Stock, please use our How to Invest in Devon Energy guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Will Oil & Gas Exploration & Production sector continue expanding? Could Devon diversify its offerings? Factors like these will boost the valuation of Devon Energy. Projected growth potential of Devon fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Devon Energy data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.16) | Dividend Share 0.94 | Earnings Share 4.24 | Revenue Per Share | Quarterly Revenue Growth 0.071 |
Understanding Devon Energy requires distinguishing between market price and book value, where the latter reflects Devon's accounting equity. The concept of intrinsic value - what Devon Energy's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Devon Energy's price substantially above or below its fundamental value.
It's important to distinguish between Devon Energy's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Devon Energy should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Devon Energy's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.