How to buy Devon Energy Corporation stock

Devon Energy Corporation is an oil & gas e&p business based in the US. Devon Energy Corporation shares (DVN.US) are listed on the NYSE and all prices are listed in US dollars. Devon Energy Corporation employs 1,900 staff and has a trailing 12-month revenue of around $14.8 billion.

How to buy shares in Devon Energy Corporation

Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
Fund your account. Add money to your account via bank transfer, debit card or credit card.
Search the platform by ticker symbol. DVN in this case.
Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
Submit the order. It's that simple.

The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

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Is it a good time to buy Devon Energy Corporation stock?

Review technicals and fundamentals to help you determine if now's a good time for you to invest.

Technical analysis

View Devon Energy Corporation's price performance, share price volatility, historical data and technicals.

Technical analysis

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

Is Devon Energy Corporation under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Devon Energy Corporation P/E ratio, PEG ratio and EBITDA.

Devon Energy Corporation's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Devon Energy Corporation's stocks trade at around 7x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Devon Energy Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 14.898. Higher PEG ratios such as this can be interpreted as meaning the shares offer worse value given the current rate of growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Devon Energy Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Devon Energy Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $7.5 billion ($1 CAD).

The EBITDA is a measure of Devon Energy Corporation's overall financial performance and is widely used to measure a its profitability.

Frequently asked questions

Devon Energy Corporation's shares were split on a 2:1 basis on 15 November 2004. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Devon Energy Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Devon Energy Corporation shares which in turn could have impacted Devon Energy Corporation's share price.
It's as easy to sell Devon Energy Corporation as it is to buy! Here's how to sell Devon Energy Corporation stocks that you already own.
1. Open your investment app. If you've got one with desktop access, you can log in online
2. Go to your portfolio. This should be in the main menu
3. Find your shares. You may be able to search your portfolio
4. Choose how many you'd like to sell. You'll be able to review the price and see how much you'll receive
5. Sell your Devon Energy Corporation shares. Your investment platform will let you know when your shares are sold

Devon Energy Corporation financials

Revenue TTM	$14.5 billion
Operating margin TTM	32.06%
Gross profit TTM	$11.3 billion
Return on assets TTM	10.67%
Return on equity TTM	26.28%
Profit margin	23.43%
Book value	$21.70
Market capitalisation	$25.9 billion

TTM: trailing 12 months

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