Stock Updates

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 20095.77. Since its IPO date on the 3/17/1992, Devon Energy Corporation, DVN performance year to date is 21.61%. Today Devon Energy Corporation, DVN has gained -3.18%, with a current price of 38.38.

Ownership of the company is 0.20% for insider ownership while institutional ownership is 77.30%. The management of the company have seen the company have a payout ratio of *TBA. Return of assets are at -42.30%, 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 2.55. While Total debt/equity is 2.62. With a profit margin of *TBA, this is combined with a gross margin of 83.00%, and operating margin of *TBA. Devon Energy Corporation ability to meet debt levels, with a current ratio of 1.4, while the quick ratio is 1.4.

For the last year Devon Energy Corporation, DVN has seen a EPS growth of -998.30%. A performance for the year of 6.61%. The 52-week high is -19.52%, and the 52-week low is 115.35%. The average volume for Devon Energy Corporation, DVN is 8849200.

With a target price of 46.07, 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 30.48. 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 1.81 and 4.15 respectively. For P/cash, Devon Energy Corporation has a value of 11.66, while it is *TBA for P/free cash flow.

At the current price of 38.38, Devon Energy Corporation has a dividend yield of 0.63%. We see a return on equity of -169.70%.

Looking more long-term Devon Energy Corporation, is projected to get an EPS growth for the next five years of 4.56%. In the short-term an EPS growth of 550.00% 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

Leave a Comment