Devon Energy Stock Buy Hold or Sell Recommendation
| DVN Stock | USD 37.95 0.47 1.22% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Devon Energy is 'Hold'. The recommendation algorithm takes into account all of Devon Energy's available fundamental, technical, and predictive indicators you will find on this site.
Check out Devon Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Devon Stock, please use our How to Invest in Devon Energy guide. In addition, we conduct extensive research on individual companies such as Devon and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards 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.
Devon |
Execute Devon Energy Buy or Sell Advice
The Devon recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Devon Energy. Macroaxis does not own or have any residual interests in Devon Energy or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Devon Energy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Devon Energy Trading Alerts and Improvement Suggestions
| Devon Energy generated a negative expected return over the last 90 days | |
| About 74.0% of the company shares are held by institutions such as insurance companies | |
| On 30th of December 2024 Devon Energy paid $ 0.22 per share dividend to its current shareholders | |
| Latest headline from seekingalpha.com: Devon Energy snaps six straight sessions of gains |
Devon Energy Returns Distribution Density
The distribution of Devon Energy's historical returns is an attempt to chart the uncertainty of Devon Energy's future price movements. The chart of the probability distribution of Devon Energy daily returns describes the distribution of returns around its average expected value. We use Devon Energy price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Devon Energy returns is essential to provide solid investment advice for Devon Energy.
| Mean Return | -0.14 | Value At Risk | -3.33 | Potential Upside | 2.39 | Standard Deviation | 1.72 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Devon Energy historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Devon Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Devon Energy, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Devon Energy back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
| Shares | Amvescap Plc. | 2024-09-30 | 7.1 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 6.8 M | Northern Trust Corp | 2024-09-30 | 6.1 M | D. E. Shaw & Co Lp | 2024-09-30 | 6.1 M | Raymond James & Associates | 2024-09-30 | 6 M | Encap Energy Capital Fund X, L.p. | 2024-09-30 | 5.9 M | Smead Capital Management Inc | 2024-09-30 | 5.9 M | Bank Of America Corp | 2024-09-30 | 5.8 M | Goldman Sachs Group Inc | 2024-09-30 | 5.3 M | Vanguard Group Inc | 2024-09-30 | 75.2 M | Blackrock Inc | 2024-09-30 | 48 M |
Devon Energy Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 393M | 34M | (817M) | (579M) | (521.1M) | (495.0M) | |
| Free Cash Flow | 193M | 2.9B | 3.4B | 2.6B | 3.0B | 3.1B | |
| Depreciation | 3.9B | 3.6B | 2.2B | 2.6B | 3.0B | 1.7B | |
| Other Non Cash Items | 481M | (1.5B) | (771M) | (111M) | (127.7M) | (121.3M) | |
| Dividends Paid | 257M | 1.3B | 3.4B | 1.9B | 2.1B | 2.2B | |
| Capital Expenditures | 1.2B | 2.0B | 5.1B | 3.9B | 4.5B | 3.8B | |
| Net Income | (2.7B) | 2.8B | 6.0B | 3.7B | 4.3B | 4.5B | |
| End Period Cash Flow | 2.2B | 2.3B | 1.5B | 875M | 1.0B | 1.5B | |
| Change To Netincome | 810M | 2.5B | 1.5B | 1.9B | 2.2B | 2.2B | |
| Investments | (646M) | 10M | (5.1B) | (3.9B) | (3.5B) | (3.3B) |
Devon Energy Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Devon Energy or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Devon Energy's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Devon stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.23 | |
σ | Overall volatility | 1.72 | |
Ir | Information ratio | -0.09 |
Devon Energy Volatility Alert
Devon Energy exhibits very low volatility with skewness of -0.25 and kurtosis of -0.51. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Devon Energy's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Devon Energy's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Devon Energy Fundamentals Vs Peers
Comparing Devon Energy's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Devon Energy's direct or indirect competition across all of the common fundamentals between Devon Energy and the related equities. This way, we can detect undervalued stocks with similar characteristics as Devon Energy or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Devon Energy's fundamental indicators could also be used in its relative valuation, which is a method of valuing Devon Energy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Devon Energy to competition |
| Fundamentals | Devon Energy | Peer Average |
| Return On Equity | 0.26 | -0.31 |
| Return On Asset | 0.11 | -0.14 |
| Profit Margin | 0.23 % | (1.27) % |
| Operating Margin | 0.32 % | (5.51) % |
| Current Valuation | 33.78 B | 16.62 B |
| Shares Outstanding | 656.9 M | 571.82 M |
| Shares Owned By Insiders | 0.73 % | 10.09 % |
| Shares Owned By Institutions | 74.16 % | 39.21 % |
| Number Of Shares Shorted | 26.39 M | 4.71 M |
| Price To Earning | 7.20 X | 28.72 X |
| Price To Book | 1.77 X | 9.51 X |
| Price To Sales | 1.74 X | 11.42 X |
| Revenue | 15.14 B | 9.43 B |
| Gross Profit | 7.78 B | 27.38 B |
| EBITDA | 7.57 B | 3.9 B |
| Net Income | 3.75 B | 570.98 M |
| Cash And Equivalents | 1.45 B | 2.7 B |
| Cash Per Share | 1.78 X | 5.01 X |
| Total Debt | 6.48 B | 5.32 B |
| Debt To Equity | 0.61 % | 48.70 % |
| Current Ratio | 1.16 X | 2.16 X |
| Book Value Per Share | 21.70 X | 1.93 K |
| Cash Flow From Operations | 6.54 B | 971.22 M |
| Short Ratio | 2.17 X | 4.00 X |
| Earnings Per Share | 5.40 X | 3.12 X |
| Price To Earnings To Growth | 14.90 X | 4.89 X |
| Target Price | 49.44 | |
| Number Of Employees | 1.9 K | 18.84 K |
| Beta | 2.07 | -0.15 |
| Market Capitalization | 25.24 B | 19.03 B |
| Total Asset | 24.49 B | 29.47 B |
| Retained Earnings | 6.2 B | 9.33 B |
| Working Capital | 208 M | 1.48 B |
Note: Disposition of 186289 shares by Clay Gaspar of Devon Energy subject to Rule 16b-3 [view details]
Devon Energy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Devon . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 219627.0 | |||
| Daily Balance Of Power | (0.52) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 38.17 | |||
| Day Typical Price | 38.1 | |||
| Price Action Indicator | (0.46) | |||
| Period Momentum Indicator | (0.47) |
About Devon Energy Buy or Sell Advice
When is the right time to buy or sell Devon Energy? Buying financial instruments such as Devon Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Devon Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Devon Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Devon Stock, please use our How to Invest in Devon Energy guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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 (0.09) | Dividend Share 2 | Earnings Share 5.4 | Revenue Per Share | Quarterly Revenue Growth (0.10) |
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.
Please note, there is a significant difference between Devon Energy's value and its price as these two are different measures arrived at by different 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.