$42.08
Devon Energy Corporation is an oil & gas e&p business based in the US. Devon Energy Corporation shares (DVN) 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.
What's in this guide?
Our top picks for where to buy Devon Energy Corporation stock
How to buy Devon Energy Corporation stock
- Choose a stock trading platform. Use our comparison table
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – DVN. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
Buy Devon Energy Corporation stock from these online trading platforms
Compare special offers, low fees and a wide range of investment options among top trading platforms.Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
Devon Energy Corporation stock price (NYSE: DVN)
Use our graph to track the performance of DVN stocks over time.Devon Energy Corporation shares at a glance
Latest market close | $42.24 |
---|---|
52-week range | $39.79 - $54.67 |
50-day moving average | $45.80 |
200-day moving average | $46.45 |
Wall St. target price | $56.59 |
PE ratio | 8.1418 |
Dividend yield | $2.05 (4.44%) |
Earnings per share (TTM) | $5.50 |
Is it a good time to buy Devon Energy Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Devon Energy Corporation price performance over time
Historical closes compared with the close of $42.24 from 2024-09-04
1 week (2024-08-29) | -6.13% |
---|---|
1 month (2024-08-05) | 1.83% |
3 months (2024-06-05) | -9.40% |
6 months (2024-03-05) | -6.30% |
1 year (2023-09-05) | -21.05% |
---|---|
2 years (2022-09-02) | -39.95% |
3 years (2021-09-03) | 44.81% |
5 years (2019-09-05) | 97.53% |
Is Devon Energy Corporation stock undervalued or overvalued?
Valuing Devon Energy Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Devon Energy Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Devon Energy Corporation's P/E ratio
Devon Energy Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, Devon Energy Corporation shares trade at around 8x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). 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 PEG ratio
Devon Energy Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.3953. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
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 share prices of multiple high-growth companies.
Devon Energy Corporation's EBITDA
Devon Energy Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $7.5 billion.
The EBITDA is a measure of a Devon Energy Corporation's overall financial performance and is widely used to measure a its profitability.
Devon Energy Corporation financials
Revenue TTM | $14.8 billion |
---|---|
Operating margin TTM | 30.52% |
Gross profit TTM | $11.3 billion |
Return on assets TTM | 11.97% |
Return on equity TTM | 29.69% |
Profit margin | 23.74% |
Book value | $19.99 |
Market Capitalization | $28.2 billion |
TTM: trailing 12 months
Devon Energy Corporation share dividends
Dividend payout ratio: 31.6% of net profits
Recently Devon Energy Corporation has paid out, on average, around 31.6% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.44% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Devon Energy Corporation shareholders could enjoy a 4.44% return on their shares, in the form of dividend payments. In Devon Energy Corporation's case, that would currently equate to about $2.05 per share.
While Devon Energy Corporation's payout ratio might seem fairly standard, it's worth remembering that Devon Energy Corporation may be investing much of the rest of its net profits in future growth.
Devon Energy Corporation's most recent dividend payout was on 29 September 2024. The latest dividend was paid out to all shareholders who bought their shares by 12 September 2024 (the "ex-dividend date").
Have Devon Energy Corporation's shares ever split?
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.
Devon Energy Corporation share price volatility
Over the last 12 months, Devon Energy Corporation's shares have ranged in value from as little as $39.7888 up to $54.6686. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Devon Energy Corporation's is 2.106. This would suggest that Devon Energy Corporation's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Devon Energy Corporation overview
Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Eagle Ford, Anadarko, Williston, and Powder River Basins. The company was founded in 1971 and is headquartered in Oklahoma City, Oklahoma. .
Frequently asked questions
nullWhat percentage of Devon Energy Corporation is owned by insiders or institutions?
Currently 0.769% of Devon Energy Corporation shares are held by insiders and 74.833% by institutions. How many people work for Devon Energy Corporation?
Latest data suggests 1,900 work at Devon Energy Corporation. When does the fiscal year end for Devon Energy Corporation?
Devon Energy Corporation's fiscal year ends in December. Where is Devon Energy Corporation based?
Devon Energy Corporation's address is: 333 West Sheridan Avenue, Oklahoma City, OK, United States, 73102-5015 What is Devon Energy Corporation's ISIN number?
Devon Energy Corporation's international securities identification number is: US25179M1036 What is Devon Energy Corporation's CUSIP number?
Devon Energy Corporation's Committee on Uniform Securities Identification Procedures number is: 25179M103
More guides on Finder
-
Options profit calculator
Use this calculator to quickly see potential outcomes of your options trades.
-
Best paper trading platforms to practice trading with fake money [2024]
Check out our picks of the best paper trading platforms to practice trading and investing with fake money.
-
7 best day trading platforms of 2024
These are the best day trading platforms, according to Finder’s comprehensive analysis.
-
Today’s best brokerage account bonuses [Signup and transfer promos]
Explore the best bonuses for opening a new brokerage account.
-
Trading for beginners: 11 best trading platforms to get started
These are the best trading platforms for beginners, according to Finder’s comprehensive analysis.
-
5 best international stock brokers to invest in foreign assets
Want to buy and sell international stocks? Here are the top brokers to help you trade global markets.
-
9 best discount brokers of 2024 for low-cost trading and investing
These are the best discount brokers of 2024 according to Finder’s comprehensive review.
-
10 best brokerage accounts for buying stocks, options and more in 2024
See our picks of the best brokerage accounts, including Fidelity, SoFi, Charles Schwab, Public, Robinhood and E*TRADE .
-
How to invest in the S&P 500 in 2024
What you need to know about investing in the leading indicator for the overall US stock market.
-
5 best ETFs for 2024
Check out the best-performing ETFs so far in 2024.
Ask a question