Devon Energy Stock Performance
| DVN Stock | USD 38.70 0.40 1.04% |
The firm shows a Beta (market volatility) of 0.7, which means possible diversification benefits within a given portfolio. As returns on the market increase, Devon Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Devon Energy is expected to be smaller as well. At this point, Devon Energy has a negative expected return of -0.19%. Please make sure to confirm Devon Energy's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Devon Energy performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Devon Energy has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Stock's basic indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the firm investors. ...more
Actual Historical Performance (%)
One Day Return 0.97 | Five Day Return (1.38) | Year To Date Return (15.64) | Ten Year Return (42.46) | All Time Return 618.77 |
Forward Dividend Yield 0.0379 | Payout Ratio 0.3937 | Last Split Factor 2:1 | Forward Dividend Rate 1.45 | Dividend Date 2024-12-30 |
1 | Disposition of 186289 shares by Clay Gaspar of Devon Energy subject to Rule 16b-3 | 09/12/2024 |
| Devon Energy dividend paid on 30th of September 2024 | 09/30/2024 |
2 | Devon Energy Stock Falls Amid Market Uptick What Investors Need to Know | 10/16/2024 |
3 | Devon Energy Corporation is a favorite amongst institutional investors who own 70 | 10/25/2024 |
4 | Devon Energy Corp Reports Q3 2024 Earnings EPS at 1.30, Revenue Hits 2.7 Billion | 11/05/2024 |
5 | Q3 2024 Devon Energy Corp Earnings Call Transcript | 11/07/2024 |
6 | Devon Energy Corporation Q3 2024 Earnings Call Transcript | 11/08/2024 |
7 | Devons Q3 Earnings Surpass Estimates How to Play the Stock | 11/12/2024 |
8 | Prime Capital Investment Advisors LLC Sells 14,616 Shares of Devon Energy Co. | 11/13/2024 |
9 | GSA Capital Partners LLP Has 1.36 Million Stake in Devon Energy Co. | 11/14/2024 |
10 | The Smartest Dividend-Paying Oil Stocks to Buy With 500 Right Now | 11/15/2024 |
11 | These Top Oil Stocks Are Handing Their Investors a Lot of Cash, With Even More Expected to Flow to Shareholders in 2025 and Beyond | 11/18/2024 |
12 | Jim Cramer Likes Devon Energy, But Calls Another Stock Far Superior | 11/20/2024 |
| Begin Period Cash Flow | 1.5 B |
Devon |
Devon Energy Relative Risk vs. Return Landscape
If you would invest 4,421 in Devon Energy on August 23, 2024 and sell it today you would lose (551.00) from holding Devon Energy or give up 12.46% of portfolio value over 90 days. Devon Energy is generating negative expected returns assuming volatility of 1.6536% on return distribution over 90 days investment horizon. In other words, 14% of stocks are less volatile than Devon, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Devon Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Devon Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Devon Energy, and traders can use it to determine the average amount a Devon Energy's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1174
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| Negative Returns | DVN |
Estimated Market Risk
| 1.65 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Devon Energy is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Devon Energy by adding Devon Energy to a well-diversified portfolio.
Devon Energy Fundamentals Growth
Devon Stock prices reflect investors' perceptions of the future prospects and financial health of Devon Energy, and Devon Energy fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Devon Stock performance.
| Return On Equity | 0.26 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.23 % | ||||
| Operating Margin | 0.32 % | ||||
| Current Valuation | 33.7 B | ||||
| Shares Outstanding | 656.9 M | ||||
| Price To Earning | 7.20 X | ||||
| Price To Book | 1.76 X | ||||
| Price To Sales | 1.73 X | ||||
| Revenue | 15.14 B | ||||
| Gross Profit | 11.33 B | ||||
| EBITDA | 7.48 B | ||||
| Net Income | 3.75 B | ||||
| Cash And Equivalents | 1.45 B | ||||
| Cash Per Share | 1.78 X | ||||
| Total Debt | 6.48 B | ||||
| Debt To Equity | 0.61 % | ||||
| Current Ratio | 1.16 X | ||||
| Book Value Per Share | 21.70 X | ||||
| Cash Flow From Operations | 6.54 B | ||||
| Earnings Per Share | 5.40 X | ||||
| Market Capitalization | 25.16 B | ||||
| Total Asset | 24.49 B | ||||
| Retained Earnings | 6.2 B | ||||
| Working Capital | 208 M | ||||
| Current Asset | 1.06 B | ||||
| Current Liabilities | 1.04 B | ||||
About Devon Energy Performance
By examining Devon Energy's fundamental ratios, stakeholders can obtain critical insights into Devon Energy's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Devon Energy is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 9.14 | 8.69 | |
| Return On Tangible Assets | 0.16 | 0.17 | |
| Return On Capital Employed | 0.11 | 0.11 | |
| Return On Assets | 0.15 | 0.16 | |
| Return On Equity | 0.31 | 0.33 |
Things to note about Devon Energy performance evaluation
Checking the ongoing alerts about Devon Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Devon Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Devon Energy generated a negative expected return over the last 90 days | |
| Devon Energy is unlikely to experience financial distress in the next 2 years | |
| Devon Energy has a strong financial position based on the latest SEC filings | |
| About 74.0% of the company shares are held by institutions such as insurance companies | |
| On 30th of September 2024 Devon Energy paid $ 0.22 per share dividend to its current shareholders | |
| Latest headline from benzinga.com: Jim Cramer Likes Devon Energy, But Calls Another Stock Far Superior |
- Analyzing Devon Energy's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Devon Energy's stock is overvalued or undervalued compared to its peers.
- Examining Devon Energy's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Devon Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Devon Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Devon Energy's stock. These opinions can provide insight into Devon Energy's potential for growth and whether the stock is currently undervalued or overvalued.
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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.