DVN - NYSE
Devon Energy Corporation
$46.18
-0.086%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. It operates approximately 5,134 gross wells. Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.
At a Glance
Live SnapshotDevon Energy Corporation Fair Value Envelope
Owner Earnings Valuation Tool
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Historical Financial Data
Base year metrics used for projections
Projection Settings
Forecast period and terminal assumptions
DCF Valuation Summary
Calculation flow from present value to intrinsic value per share
Owner Earnings Projections
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $13.4B | $26.8B | $53.7B | $107.4B | $214.8B | $429.5B | $859.0B | $1,718.0B | $3,436.0B | $6,872.1B |
| Maintenance CapEx | -$1.4B | -$2.9B | -$5.7B | -$11.5B | -$23.0B | -$46.0B | -$92.0B | -$183.9B | -$367.8B | -$735.6B |
| Owner Earnings | $12.0B | $24.0B | $47.9B | $95.9B | $191.8B | $383.5B | $767.1B | $1,534.1B | $3,068.2B | $6,136.4B |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $11.1B | $20.6B | $38.1B | $70.5B | $130.5B | $241.7B | $447.6B | $828.8B | $1,534.9B | $2,842.4B |
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Research Paths
Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
Review consensus spread and where estimate risk is concentrated.