Devon Energy Ownership
| DVN Stock | USD 38.70 0.40 1.04% |
Shares in Circulation | First Issued 1987-03-31 | Previous Quarter 628 M | Current Value 623 M | Avarage Shares Outstanding 313.2 M | Quarterly Volatility 215.6 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Devon |
Devon Stock Ownership Analysis
About 74.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.76. Some equities with similar Price to Book (P/B) outperform the market in the long run. Devon Energy recorded earning per share (EPS) of 5.4. The entity last dividend was issued on the 13th of December 2024. The firm had 2:1 split on the 16th of November 2004. 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 incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma. Devon Energy operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 1600 people. To learn more about Devon Energy call Richard Muncrief at 405 235 3611 or check out https://www.devonenergy.com.Besides selling stocks to institutional investors, Devon Energy also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Devon Energy's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Devon Energy's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Devon Energy Quarterly Liabilities And Stockholders Equity |
|
Devon Energy Insider Trades History
Less than 1% of Devon Energy are currently held by insiders. Unlike Devon Energy's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Devon Energy's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Devon Energy's insider trades
Devon Stock 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 | Northern Trust Corp | 2024-09-30 | 6.1 M | Raymond James & Associates | 2024-09-30 | 6 M | Smead Capital Management Inc | 2024-09-30 | 5.9 M | Goldman Sachs Group Inc | 2024-06-30 | 5.7 M | D. E. Shaw & Co Lp | 2024-06-30 | 5.3 M | Thrivent Financial For Lutherans | 2024-09-30 | 5.1 M | Bank Of America Corp | 2024-06-30 | 5 M | Legal & General Group Plc | 2024-06-30 | 4.7 M | Bank Of New York Mellon Corp | 2024-06-30 | 4.7 M | Vanguard Group Inc | 2024-09-30 | 75.2 M | Blackrock Inc | 2024-06-30 | 48.9 M |
Devon Energy 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 two months ago Disposition of 186289 shares by Clay Gaspar of Devon Energy subject to Rule 16b-3 | ||
John Bethancourt over three 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 latest congressional trading
Congressional trading in companies like Devon Energy, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Devon Energy by those in governmental positions are based on the same information available to the general public.
| 2024-07-15 | Representative Kevin Hern | Acquired Under $15K | Verify | ||
| 2024-06-12 | Representative Roger Williams | Acquired Under $15K | Verify |
Devon Energy Outstanding 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 | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| US25179SAD27 Corp BondUS25179SAD27 | View | |
| DEVON ENERGY P Corp BondUS251799AA02 | 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 |
Devon Energy Corporate Filings
10Q | 6th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 5th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 3rd of October 2024 Other Reports | ViewVerify | |
| 26th of September 2024 Other Reports | ViewVerify |
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
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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
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 23.117 | 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.