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Devon Energy Corporation (NYSE: DVN) – Is this large market cap stock undervalued?

Devon Energy Corporation (NYSE: DVN), is firmly in the large market cap category with market cap of 21771.29. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Devon Energy Corporation is 41.58 (with a change from open of 7.30%), this in conjunction with a target price of 46.07. Volume today has so far reached 10600800, with an average volume of about 6485. The GAP for this stock, is 0.96%.

The P/E ratio is *TBA, bringing the forward P/E to a value of 33.03. The current EPS for Devon Energy Corporation, is -28.63, with a EPS growth for this year coming to a value of -998.30%. Performance has been interesting with performance year to date coming to 31.75%.

Looking further into the growth statistics for Devon Energy Corporation, EPS is looking like it will grow 550.00% in the next year. Looking even further it is projected to be 4.56%. Quarter over quarter is 56.80% for EPS growth and for sales growth quarter over quarter it is -26.70%. Looking at past EPS growth statistics we see that for the past five years it has been -53.90%. Sales growth for the past five years has in fact been 5.70%.

Looking at the ownership, we see that the insider ownership is at 0.20% and institutional ownership is 77.30%. Shares outstanding is 523.6, while shares float is at a value of 497.11. Float short for Devon Energy Corporation is 2.65% and the short ratio is 2.03.

In terms of debt, long term debt/equity is 2.55, while the total debt/equity comes to 2.62. The ability to meet these debts, means that the current ratio is 1.4, and the quick ratio is 1.4. The most recent gross margin is 83.00% and their operating margin is *TBA. The profit margin is *TBA.

Devon Energy Corporation has seen returns on assets of -42.30%, and on investment, -73.00%. Return on equity is -169.70%. Price/Earnings to growth ratio is *TBA. Price/Sales ratio is at a value of 1.96, with Price/book ratio coming to 4.5 and Price/cash is 12.64, and finally Price/Free cash Flow is *TBA.

The simple moving averages are 1.40% and 27.36% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -12.81% and the 52 week low is 133.31%.

Devon Energy Corporation has a dividend yield of 0.58%, with a current price of 41.58. The ability to pay this means the payout ratio is *TBA. This is in an industry, Independent Oil & Gas, with equally high dividends from other companies in this sector, which it is Basic Materials. Devon Energy Corporation is based in USA.

Performance in the Independent Oil & Gas industry means that Devon Energy Corporation has seen performance for the past week of -1.40%, with performance for the month coming to -7.49%. Looking at the data for the quarter it is at a value of 13.49%, and for the half year the performance is 16.51%. Volatility for this week is 5.25% and for the month this is 3.61%.

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.

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Tony Dabbs

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