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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 23696.56. 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 44.04 (with a change from open of 0.01%), this in conjunction with a target price of 46.28. Volume today has so far reached 2385016, with an average volume of about 6309.67. The GAP for this stock, is -1.17%.

The P/E ratio is *TBA, bringing the forward P/E to a value of 34.76. 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 41.19%.

Looking further into the growth statistics for Devon Energy Corporation, EPS is looking like it will grow 537.90% 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 77.70%. Shares outstanding is 531.79, while shares float is at a value of 497.11. Float short for Devon Energy Corporation is 2.53% and the short ratio is 2.

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 2.13, with Price/book ratio coming to 4.82 and Price/cash is 13.75, and finally Price/Free cash Flow is *TBA.

The simple moving averages are 3.70% and 32.02% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -7.64% and the 52 week low is 147.14%.

Devon Energy Corporation has a dividend yield of 0.54%, with a current price of 44.04. 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 0.86%, with performance for the month coming to 8.31%. Looking at the data for the quarter it is at a value of 16.23%, and for the half year the performance is 4.04%. Volatility for this week is 3.13% and for the month this is 3.72%.

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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Peter Clarke

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