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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 22074.98. Since its IPO date on the 3/17/1992, Devon Energy Corporation, DVN performance year to date is 33.59%. Today Devon Energy Corporation, DVN has gained 11.98%, with a current price of 47.21.

Ownership of the company is 0.20% for insider ownership while institutional ownership is 77.90%. The management of the company have seen the company have a payout ratio of *TBA. Return of assets are at -23.90%, 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 1.88. While Total debt/equity is 1.94. With a profit margin of -64.40%, this is combined with a gross margin of 83.70%, and operating margin of -68.50%. Devon Energy Corporation ability to meet debt levels, with a current ratio of 1.6, while the quick ratio is 1.6.

For the last year Devon Energy Corporation, DVN has seen a EPS growth of -998.30%. A performance for the year of -6.46%. The 52-week high is 3.49%, and the 52-week low is 164.91%. The average volume for Devon Energy Corporation, DVN is 5393127.

With a target price of 49.28, 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 27.31. 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 2.13 and 3.74 respectively. For P/cash, Devon Energy Corporation has a value of 9.26, while it is *TBA for P/free cash flow.

At the current price of 47.21, Devon Energy Corporation has a dividend yield of 0.57%. We see a return on equity of -110.80%.

Looking more long-term Devon Energy Corporation, is projected to get an EPS growth for the next five years of 2.57%. In the short-term an EPS growth of 1068.80% 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.

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Tony Dabbs

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