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A look at a High Market Cap Stock: Devon Energy Corporation, DVN

Devon Energy Corporation, DVN is in the exchange NYSE and its industry is Independent Oil & Gas in the sector of Basic Materials. Based in USA, Devon Energy Corporation, DVN  has a market cap of 18995.01. Since its IPO date on the 3/17/1992, Devon Energy Corporation, DVN performance year to date is 18.50%. Today Devon Energy Corporation, DVN has gained -5.27%, with a current price of 35.48.

Ownership of the company is 0.30% for insider ownership while institutional ownership is 79.40%. The management of the company have seen the company have a payout ratio of *TBA. Return of assets are at -41.80%, with return on investment at -73.00%.

In terms of debt levels and profit levels, Devon Energy Corporation, DVN is seeing a long-term debt/equity of 1.9. While Total debt/equity is 1.96. With a profit margin of *TBA, this is combined with a gross margin of 83.10%, and operating margin of *TBA. Devon Energy Corporation ability to meet debt levels, with a current ratio of 1.1, while the quick ratio is 1.1.

For the last year Devon Energy Corporation, DVN has seen a EPS growth of -998.30%. A performance for the year of -33.63%. The 52-week high is -37.73%, and the 52-week low is 98.79%. The average volume for Devon Energy Corporation, DVN is 3235865.

With a target price of 40.63, can Devon Energy Corporation, DVN reach this target? Looking at the value indicators of Devon Energy Corporation, DVN. Devon Energy Corporation has a P/E of *TBA and a forward P/E of 40.75. Perhaps the more useful indicator than P/E, is PEG which has a value of *TBA. Devon Energy Corporation also has a P/S and a P/B of 1.58 and 2.77 respectively. For P/cash, Devon Energy Corporation has a value of 11.62, while it is *TBA for P/free cash flow.

At the current price of 35.48, Devon Energy Corporation has a dividend yield of 0.64%. We see a return on equity of -138.00%.

Looking more long-term Devon Energy Corporation, is projected to get an EPS growth for the next five years of 1.52%. In the short-term an EPS growth of 197.90% in the next year is forecasted. This is after a EPS growth of -998.30% for this year and for the last five years a -53.90% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Peter Clarke

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