David Hager - Devon Energy President, Chief Executive Officer, Director
| DVN Stock | USD 37.95 0.47 1.22% |
CEO
Mr. David A. Hager is President, Chief Executive Officer, Director of the Company. Mr. Hager was elected by the Board of Directors to the position of President and Chief Executive Officer on August 1, 2015. He joined the Company in March 2009 and held the position of Executive Vice President Exploration and Production from 2009 until 2013 and Chief Operating Officer from 2013 to 2015. Mr. Hager started in the oil and gas business as a geophysicist with Mobil Corporationration He joined Sun Oil in 1981 and continued with Oryx Energy following its spin off from Sun Oil. During his tenure at Oryx, he managed new ventures and deepwater projects around the world. After Oryx merged with KerrMcGee in 1999, Mr. Hager managed the companys worldwide deepwater exploration and production operations and assumed responsibility for all exploration and production activities in 2003. He later served as KerrMcGees Chief Operating Officer until it was acquired by Anadarko Corporationration in 2006 since 2021.
| Age | 67 |
| Tenure | 4 years |
| Address | 333 West Sheridan Avenue, Oklahoma City, OK, United States, 73102-5015 |
| Phone | 405 235 3611 |
| Web | https://www.devonenergy.com |
Devon Energy Management Efficiency
The company has Return on Asset of 0.1067 % which means that on every $100 spent on assets, it made $0.1067 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2628 %, implying that it generated $0.2628 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. At this time, Devon Energy's Return On Tangible Assets are very stable compared to the past year. As of the 18th of January 2025, Return On Capital Employed is likely to grow to 0.10, while Return On Assets are likely to drop 0.14. At this time, Devon Energy's Non Currrent Assets Other are very stable compared to the past year. As of the 18th of January 2025, Return On Tangible Assets is likely to grow to 0.19, while Total Assets are likely to drop about 20.2 B.Similar Executives
| Found 3 records | CEO Age | ||
| Thomas Jorden | Coterra Energy | 68 | |
| Travis Stice | Diamondback Energy | 63 | |
| Toby Rice | EQT Corporation | 43 | |
Management Performance
| Return On Equity | 0.26 | ||||
| Return On Asset | 0.11 |
Devon Energy Leadership Team
Elected by the shareholders, the Devon Energy's board of directors comprises two types of representatives: Devon Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Devon. The board's role is to monitor Devon Energy's management team and ensure that shareholders' interests are well served. Devon Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Devon Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Robert Mosbacher, Lead Independent Director | ||
| John Sherrer, Controller Accounting | ||
| Scott Coody, Vice President Investor Relations | ||
| Dennis Cameron, Executive Vice President General Counsel | ||
| Lyndon Taylor, Executive Vice President, Chief Legal and Administrative Officer | ||
| Dennis JD, Executive Counsel | ||
| Trey Lowe, VP CTO | ||
| Joe Pullampally, Vice Treasurer | ||
| Rosy Zuklic, Vice Relations | ||
| Richard Muncrief, President, Chief Executive Officer, Director | ||
| Tana Cashion, Senior Vice President of Human Resources and Administration | ||
| Karl Kurz, Independent Director | ||
| Alana Tetrick, VP Treasurer | ||
| Jeffrey CPA, Executive CFO | ||
| Jeffrey Ritenour, Chief Financial Officer, Executive Vice President | ||
| Ann Fox, Director | ||
| Mary Ricciardello, Independent Director | ||
| DMartin Phillips, Director | ||
| Jeremy Humphers, Senior Officer | ||
| Barbara Baumann, Independent Director | ||
| David Harris, Executive Vice President and Chief Corporate Development Officer | ||
| David Hager, President, Chief Executive Officer, Director | ||
| Clay Gaspar, Chief Operating Officer, Executive Vice President | ||
| Larry Nichols, Co-Founder and Executive Chairman | ||
| Keith Rattie, Independent Director | ||
| Duane Radtke, Vice Chairman of the Board | ||
| Michael Kanovsky, Independent Director | ||
| Kelt Kindick, Lead Independent Director | ||
| Greg Horne, Vice Midstream | ||
| Robert Henry, Independent Director | ||
| John Krenicki, Independent Director | ||
| John Bethancourt, Independent Director | ||
| Valerie Williams, Independent Director |
Devon Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Devon Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.26 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.23 % | ||||
| Operating Margin | 0.32 % | ||||
| Current Valuation | 33.78 B | ||||
| Shares Outstanding | 656.9 M | ||||
| Shares Owned By Insiders | 0.73 % | ||||
| Shares Owned By Institutions | 74.16 % | ||||
| Number Of Shares Shorted | 26.39 M | ||||
| Price To Earning | 7.20 X |
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
| 0.7 | EP | Empire Petroleum Corp | PairCorr |
| 0.67 | BKV | BKV Corporation | PairCorr |
| 0.66 | DEC | Diversified Energy | PairCorr |
| 0.61 | VIST | Vista Oil Gas | PairCorr |
| 0.58 | CRK | Comstock Resources | 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 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.