Devon Energy Corporation (NYSE:DVN)

Devon Energy Corporation DVN

Energy - Oil & Gas Exploration & Production - NYSE - US

Watchlist

$ 38.47

-2.31 %

$ 25.3 B

Market Cap

7.07

P/E

1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one DVN stock under the base case scenario is HIDDEN Compared to the current market price of 38.5 USD, Devon Energy Corporation is HIDDEN

DVN Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart DVN

FINANCIALS

Annual
Quarterly

15.1 B REVENUE

Growth Rates

1Year -21.02%

3Years 46.37%

5Years 7.12%

7Years 5.65%

10Years 3.83%

2.34 B OPERATING INCOME

Growth Rates

1Year -70.96%

3Years 203.74%

5Years 7.89%

7Years 15.90%

10Years 14.20%

3.75 B NET INCOME

Growth Rates

1Year -37.93%

3Years 50.41%

5Years 3.05%

7Years 17.06%

10Years 68.94%

6.54 B OPERATING CASH FLOW

Growth Rates

1Year -23.28%

3Years 69.07%

5Years 19.33%

7Years 20.77%

10Years 1.87%

-3.94 B INVESTING CASH FLOW

Growth Rates

1Year 23.05%

3Years -82.74%

5Years -36.49%

7Years -24.05%

10Years 0.14%

-3.18 B FINANCING CASH FLOW

Growth Rates

1Year 24.42%

3Years -118.32%

5Years 5.40%

7Years -15.46%

10Years -66.14%

3.74 B REVENUE

Growth Rates

1Year -21.02%

3Years 46.37%

5Years 7.12%

7Years 5.65%

10Years 3.83%

909 M OPERATING INCOME

Growth Rates

1Year -70.96%

3Years 203.74%

5Years 7.89%

7Years 15.90%

10Years 14.20%

825 K NET INCOME

Growth Rates

1Year -37.93%

3Years 50.41%

5Years 3.05%

7Years 17.06%

10Years 68.94%

1.66 M OPERATING CASH FLOW

Growth Rates

1Year -23.28%

3Years 69.07%

5Years 19.33%

7Years 20.77%

10Years 1.87%

-4.34 B INVESTING CASH FLOW

Growth Rates

1Year 23.05%

3Years -82.74%

5Years -36.49%

7Years -24.05%

10Years 0.14%

2.19 B FINANCING CASH FLOW

Growth Rates

1Year 24.42%

3Years -118.32%

5Years 5.40%

7Years -15.46%

10Years -66.14%

Balance Sheet Decomposition Devon Energy Corporation

24.5 B ASSETS
12.3 B LIABILITIES

Current Assets	3.16 B
Cash & Short-Term Investments	875 M
Receivables	1.57 B
Other Current Assets	709 M
Non-Current Assets	21.3 B
Long-Term Investments	666 M
PP&E	19.6 B
Other Non-Current Assets	1.07 B

Current Liabilities	2.95 B
Accounts Payable	760 M
Short-Term Debt	483 M
Other Current Liabilities	1.71 B
Non-Current Liabilities	9.32 B
Long-Term Debt	5.97 B
Other Non-Current Liabilities	3.36 B

EFFICIENCY

Earnings Waterfall Devon Energy Corporation

Revenue	15.1 B
Cost Of Revenue	9.94 B
Gross Profit	5.2 B
Operating Expenses	408 M
Operating Income	2.34 B
Other Expenses	-1.4 B
Net Income	3.75 B

RATIOS

34.35% GROSS MARGIN

Averages

1Year 34.35%

3Years 36.05%

5Years 25.55%

7Years 29.75%

10Years 30.47%

15.47% OPERATING MARGIN

Averages

1Year 15.47%

3Years 28.21%

5Years 17.25%

7Years 15.49%

10Years -5.33%

24.75% NET MARGIN

Averages

1Year 24.75%

3Years 26.39%

5Years 5.05%

7Years 8.60%

10Years -7.36%

31.07% ROE

Averages

1Year 31.07%

3Years 38.43%

5Years 5.16%

7Years 9.84%

10Years -18.44%

15.30% ROA

Averages

1Year 15.30%

3Years 18.01%

5Years 5.56%

7Years 6.63%

10Years -1.21%

10.52% ROIC

Averages

1Year 10.52%

3Years 22.21%

5Years 13.42%

7Years 12.06%

10Years -0.03%

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis Devon Energy Corporation

Net Income	3.75 B
Depreciation & Amortization	2.58 B
Capital Expenditures	-3.95 B
Stock-Based Compensation	93 M
Change in Working Capital	-144 M
Others	-446 M
Free Cash Flow	2.6 B

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets Devon Energy Corporation

Wall Street analysts predict an average 1-year price target for DVN of $57 , with forecasts ranging from a low of $46 to a high of $71 .

DVN Lowest Price Target Wall Street Target

46 USD 19.57%

DVN Average Price Target Wall Street Target

57 USD 48.17%

DVN Highest Price Target Wall Street Target

71 USD 84.56%

4. DIVIDEND ANALYSIS

1.12% DIVIDEND YIELD

0.22 USD DIVIDEND PER SHARE

5. COMPETITION

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FANG

Overvalued 60.03%

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, and natural gas and natural gas liquids.

180 USD

EOG

Undervalued 33.72%

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids worldwide.

244 USD

COP

Undervalued 117.24%

EQT Corporation operates as a natural gas production company in the United States. The company produces natural gas, natural gas liquids (NGLs), including ethane, propane, isobutane, butane, and natural gasoline.

91.4 USD

EQT

Undervalued 113.90%

Marathon Oil Corporation operates as an independent exploration and production company in the United States and internationally. The company engages in the exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas; and the production and marketing of products manufactured from natural gas, such as liquefied natural gas and methanol.

33 USD

MRO

Undervalued 15.38%

Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States.

-13.5 USD

Overvalued 191.33%

6. Ownership

Insider Ownership Devon Energy Corporation

Summary
Transactions

Sold

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

1.02 M USD 1

9-12 MONTHS

0 USD 0

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

666 K USD 1

6-9 MONTHS

0 USD 0

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price
6 months ago May 07, 2024	Sell 1.02 M USD	Cashion Tana K EVP Human Resources and Admin	- 20000	51.04 USD
8 months ago Mar 04, 2024	Bought 666 K USD	Muncrief Richard E President and CEO	+ 15000	44.42 USD
1 year ago Aug 04, 2023	Sell 402 K USD	CAMERON DENNIS C EVP and General Counsel	- 7870	51.13 USD
1 year ago May 05, 2023	Sell 414 K USD	CAMERON DENNIS C EVP and General Counsel	- 8292	49.97 USD
1 year ago Mar 14, 2023	Bought 377 K USD	Muncrief Richard E President and CEO	+ 7500	50.3 USD
1 year ago Mar 14, 2023	Bought 1 M USD	Gaspar Clay M EVP and COO	+ 20000	49.98 USD
1 year ago Feb 22, 2023	Bought 265 K USD	Muncrief Richard E President and CEO	+ 5000	53 USD
1 year ago Feb 17, 2023	Bought 200 K USD	BETHANCOURT JOHN E Director	+ 3765	53.06 USD
1 year ago Feb 17, 2023	Bought 49.9 K USD	BETHANCOURT JOHN E Director	+ 941	53.02 USD
1 year ago Feb 17, 2023	Bought 533 K USD	Muncrief Richard E President and CEO	+ 10000	53.28 USD
1 year ago Feb 17, 2023	Sell 393 K USD	CAMERON DENNIS C EVP and General Counsel	- 7179	54.77 USD
2 years ago Nov 09, 2022	Sell 392 K USD	CAMERON DENNIS C EVP and General Counsel	- 5557	70.48 USD
2 years ago Oct 03, 2022	Sell 263 K USD	CAMERON DENNIS C EVP and General Counsel	- 4158	63.21 USD
2 years ago Jul 05, 2022	Sell 243 K USD	CAMERON DENNIS C EVP and General Counsel	- 4537	53.55 USD
2 years ago Jun 14, 2022	Sell 488 K USD	Williams Valerie director:	- 7000	69.67 USD
2 years ago Jun 13, 2022	Sell 151 K USD	Fox Ann G director:	- 2150	70.27 USD
2 years ago May 16, 2022	Sell 2.14 M USD	Gaspar Clay M EVP and COO	- 30000	71.25 USD
2 years ago May 06, 2022	Sell 616 K USD	KINDICK KELT director:	- 9049	68.03 USD
2 years ago May 05, 2022	Sell 686 K USD	CAMERON DENNIS C EVP and General Counsel	- 10000	68.56 USD
2 years ago May 05, 2022	Sell 650 K USD	CAMERON DENNIS C EVP and General Counsel	- 9580	67.86 USD
2 years ago Apr 13, 2022	Sell 1.91 M USD	Gaspar Clay M EVP and COO	- 30000	63.75 USD
2 years ago Apr 04, 2022	Sell 255 K USD	CAMERON DENNIS C EVP and General Counsel	- 4143	61.45 USD
2 years ago Mar 11, 2022	Sell 3.21 M USD	Ritenour Jeffrey L EVP & CHIEF FINANCIAL OFFICER	- 55000	58.35 USD
2 years ago Mar 04, 2022	Sell 530 K USD	Fox Ann G director:	- 9027	58.67 USD
2 years ago Mar 04, 2022	Sell 1.13 M USD	Humphers Jeremy D. SVP-Chief Accounting Officer	- 19000	59.42 USD
2 years ago Mar 07, 2022	Sell 1.31 M USD	Humphers Jeremy D. SVP-Chief Accounting Officer	- 21000	62.4 USD
2 years ago Mar 01, 2022	Sell 1.02 M USD	Cashion Tana K EVP Human Resources and Admin	- 17455	58.41 USD
2 years ago Feb 22, 2022	Sell 247 K USD	CAMERON DENNIS C EVP and General Counsel	- 4592	53.8 USD
2 years ago Feb 22, 2022	Sell 216 K USD	CAMERON DENNIS C EVP and General Counsel	- 4034	53.55 USD
2 years ago Dec 14, 2021	Sell 81.3 K USD	Humphers Jeremy D. SVP Chief Accounting Officer	- 2000	40.64 USD
2 years ago Dec 14, 2021	Sell 1.68 M USD	Cashion Tana K SVP Human Resources and Admin	- 41883	40.13 USD
2 years ago Dec 10, 2021	Sell 250 K USD	CAMERON DENNIS C EVP and General Counsel	- 5942	42.05 USD
2 years ago Dec 09, 2021	Sell 39.5 K USD	CAMERON DENNIS C EVP and General Counsel	- 929	42.53 USD
3 years ago Nov 08, 2021	Sell 2.7 M USD	Gaspar Clay M EVP and COO	- 61053	44.28 USD
3 years ago Jun 03, 2021	Sell 301 K USD	CAMERON DENNIS C EVP and General Counsel	- 9632	31.26 USD
3 years ago Jun 01, 2021	Sell 44.7 K USD	Humphers Jeremy D. SVP-Chief Accounting Officer	- 1500	29.78 USD
3 years ago Mar 10, 2021	Sell 554 K USD	KINDICK KELT Director	- 23242	23.83 USD
3 years ago Feb 22, 2021	Sell 623 M USD	Felix Investments Holdings II, LLC director, 10 percent owner:	- 29579389	21.05 USD
5 years ago Nov 26, 2018	Sell 16 K USD	KRENICKI JOHN Director	- 593	27.05 USD
3 years ago Dec 01, 2020	Sell 21.2 K USD	Humphers Jeremy D. SVP-Chief Accounting Officer	- 1500	14.12 USD
4 years ago Sep 01, 2020	Sell 16.2 K USD	Humphers Jeremy D. SVP-Chief Accounting Officer	- 1500	10.82 USD
4 years ago Jun 01, 2020	Sell 17.2 K USD	Humphers Jeremy D. SVP-Chief Accounting Officer	- 1500	11.47 USD
4 years ago Mar 09, 2020	Bought 90 K USD	RATTIE KEITH O Director	+ 10000	9 USD
4 years ago Mar 06, 2020	Bought 140 K USD	RATTIE KEITH O Director	+ 10000	14.05 USD
4 years ago Mar 02, 2020	Sell 23.8 K USD	Humphers Jeremy D. SVP-Chief Accounting Officer	- 1500	15.89 USD
4 years ago Dec 02, 2019	Sell 33 K USD	Humphers Jeremy D. SVP-Chief Accounting Officer	- 1500	22.01 USD
5 years ago Sep 03, 2019	Sell 32.5 K USD	Humphers Jeremy D. SVP-Chief Accounting Officer	- 1500	21.66 USD
5 years ago Jun 04, 2019	Sell 102 K USD	Humphers Jeremy D. SVP-Chief Accounting Officer	- 4000	25.4 USD
5 years ago Feb 27, 2019	Bought 350 K USD	Henry Robert H. Director	+ 11651	30.01 USD
6 years ago Aug 21, 2018	Sell 236 K USD	Henry Robert H. Director	- 5600	42.14 USD
6 years ago Jun 11, 2018	Sell 773 K USD	Taylor Lyndon C EVP GENERAL COUNSEL	- 18357	42.09 USD
6 years ago Jun 07, 2018	Bought 503 K USD	BETHANCOURT JOHN E Director	+ 12000	41.9 USD
6 years ago Dec 14, 2017	Sell 490 K USD	Taylor Lyndon C EVP GENERAL COUNSEL	- 12798	38.29 USD
7 years ago Aug 04, 2017	Sell 182 K USD	Henry Robert H. Director	- 5470	33.35 USD
7 years ago Aug 04, 2017	Sell 39.2 K USD	Henry Robert H. Director	- 1175	33.36 USD
7 years ago Aug 04, 2017	Sell 13.3 K USD	Henry Robert H. Director	- 400	33.36 USD
7 years ago Apr 21, 2017	Sell 31.3 K USD	MOSBACHER ROBERT A JR Director	- 800	39.18 USD

7. News

The Smartest Dividend-Paying Oil Stocks to Buy With $500 Right Now If you are looking at dividend-paying oil stocks today, there are three interesting ways to play the sector. fool.com - 2 days ago

Devon Energy sees US crude oil at $60-$80 per barrel for foreseeable future Benchmark U.S. West Texas Intermediate (WTI) crude oil will cost $60-$80 per barrel in the foreseeable future, shale producer Devon Energy's chief executive officer told attendees at an energy conference in Dallas on Wednesday. reuters.com - 3 days ago

Devon's Q3 Earnings Surpass Estimates: How to Play the Stock DVN continues with its stable performance and is presently trading at a discount. It, with multi-basin holdings, will likely move higher, but investors should wait for a better entry point. zacks.com - 5 days ago

Devon Energy Corporation (DVN) is Attracting Investor Attention: Here is What You Should Know Recently, Zacks.com users have been paying close attention to Devon Energy (DVN). This makes it worthwhile to examine what the stock has in store. zacks.com - 6 days ago

High Yield Oil And Gas Ranked By Relative Quality With oil near its one-year low and natural gas near its five-year low, oil and gas producers are on sale; with offering yields over 4%. Thirty-nine energy producers were evaluated by means of a multi-factor relative value matrix and ranked from most to least favorable. Based on this evaluation, EQNR, VRN, MGYOY, PCCYF, and CHRD appear to be the best prospects. seekingalpha.com - 1 week ago

Best Stocks To Buy Right Now? 2 Natural Gas Stocks To Watch Natural gas stocks to check out in the stock market today. stockmarket.com - 1 week ago

Is It Worth Investing in Devon Energy (DVN) Based on Wall Street's Bullish Views? Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter? zacks.com - 1 week ago

Fueled by a Recent Acquisition, This Oil Stock Is Optimistically Looking Ahead to 2025 and Beyond Devon Energy expects to produce a lot of oil and cash next year. fool.com - 1 week ago

Devon Energy Corporation (DVN) Q3 2024 Earnings Call Transcript Devon Energy Corporation (NYSE:DVN ) Q3 2024 Results Conference Call November 6, 2024 11:00 AM ET Company Participants Rosy Zuklic - Vice President of Investor Relations Rick Muncrief - President and Chief Executive Officer Clay Gaspar - Chief Operating Officer Jeff Ritenour - Chief Financial Officer Conference Call Participants Arun Jayaram - JPMorgan Neil Mehta - Goldman Sachs Kalei Akamine - Bank of America Merrill Lynch Scott Gruber - Citigroup Roger Read - Wells Fargo Neal Dingmann - Truist Paul Cheng - Scotiabank Doug Leggate - Wolfe Research J. Phillips Johnston - Capital One Charles Meade - Johnson Rice Betty Jiang - Barclays Josh Silverstein - UBS Operator Welcome to Devon Energy's Third Quarter 2024 Conference Call. seekingalpha.com - 1 week ago

Devon Energy's Q3 Earnings and Revenues Beat Estimates DVN's third-quarter earnings were better than expected. The company decides to declare a variable dividend for the quarter to accommodate the drop in commodity prices. zacks.com - 1 week ago

Devon Energy (DVN) Surpasses Q3 Earnings and Revenue Estimates Devon Energy (DVN) came out with quarterly earnings of $1.10 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $1.65 per share a year ago. zacks.com - 1 week ago

Devon Energy Reports Third-Quarter 2024 Results and Declares Quarterly Dividend OKLAHOMA CITY, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the third-quarter 2024. The company also declared its quarterly dividend and provided an updated 2024 outlook. Devon's earnings release, supplemental financial tables, guidance and related earnings presentation can be accessed via the Investor Relations section of Devon's website, www.devonenergy.com. globenewswire.com - 1 week ago

8. Profile Summary

Devon Energy Corporation DVN

COUNTRY US

INDUSTRY Oil & Gas Exploration & Production

MARKET CAP $ 25.3 B

Dividend Yield 1.12%

Description 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.

Contact 333 West Sheridan Avenue, Oklahoma City, OK, 73102-5015 https://www.devonenergy.com

IPO Date July 22, 1985

Employees 1900

Officers Mr. David Gerard Harris Executive Vice President & Chief Corporate Development Officer Mr. Joe Pullampally Vice President of Corporate Finance & Treasurer Mr. John Sherrer Vice President of Accounting, Controller & Principal Accounting Officer Ms. Rosy Zuklic Vice President of Investor Relations Greg Horne Vice President of Marketing & Midstream Mr. Trey Lowe Vice President & Chief Technology Officer Ms. Tana K. Cashion Executive Vice President of Human Resources & Administration Mr. J. Larry Nichols Co-Founder & Chairman Emeritus Mr. Richard E. Muncrief President, Chief Executive Officer & Director Mr. Clay M. Gaspar Executive Vice President & Chief Operating Officer

Price Chart DVN

Devon Energy Corporation DVN

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