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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 21415.23. 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 41.06 (with a change from open of -1.16%), this in conjunction with a target price of 45.9. Volume today has so far reached 1783090, with an average volume of about 7016.65. The GAP for this stock, is 1.34%.

The P/E ratio is , bringing the forward P/E to a value of 32.79. 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 29.88%.

Looking further into the growth statistics for Devon Energy Corporation, EPS is looking like it will grow 546.40% 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 522.45, while shares float is at a value of 497.11. Float short for Devon Energy Corporation is 2.65% and the short ratio is 1.87.

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 . The profit margin is .

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 . Price/Sales ratio is at a value of 1.93, with Price/book ratio coming to 4.43 and Price/cash is 12.43, and finally Price/Free cash Flow is .

The simple moving averages are 0.85% and 26.17% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -13.90% and the 52 week low is 130.39%.

Devon Energy Corporation has a dividend yield of 0.59%, with a current price of 41.06. The ability to pay this means the payout ratio is . 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 -5.33%, with performance for the month coming to -5.23%. Looking at the data for the quarter it is at a value of 14.08%, and for the half year the performance is 2.53%. Volatility for this week is 3.57% and for the month this is 2.96%.

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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