Devon Energy Stock Analysis

Devon Stock Analysis Notes

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 1.77. 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.

Devon Energy Investment Alerts

Devon Energy Upcoming and Recent Events

Devon Largest EPS Surprises

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Devon Energy Environmental, Social, and Governance (ESG) Scores

Devon Energy Thematic Classifications

Devon Stock Institutional Investors

Note, although Devon Energy's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Devon Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 25.24 B.

Devon Profitablity

The company has Net Profit Margin of 0.23 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.32 %, which entails that for every 100 dollars of revenue, it generated $0.32 of operating income.

Management Efficiency

Devon Energy 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.

Technical Drivers

As of the 18th of January 2025, Devon Energy shows the Mean Deviation of 1.38, standard deviation of 1.72, and Variance of 2.97. Devon Energy technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Devon Energy Price Movement Analysis

Devon Energy Insider Trading Activities

Devon Energy Outstanding Bonds

Devon Energy Predictive Daily Indicators

Devon Energy Corporate Filings

Devon Energy Forecast Models

Devon Energy's time-series forecasting models are one of many Devon Energy's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Devon Energy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Devon Energy prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Devon shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Devon Energy. By using and applying Devon Stock analysis, traders can create a robust methodology for identifying Devon entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Devon analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Devon analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Devon Energy stock analysis indicators help investors evaluate how Devon Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Devon Energy shares will generate the highest return on investment. By understating and applying Devon Energy stock analysis, traders can identify Devon Energy position entry and exit signals to maximize returns.

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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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.

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.