DVN

Here's What You May Have Missed About Devon Energy (DVN)

Devon Energy, a large-cap Oil & Gas Drilling stock, moved 0.9% Friday. Here are some facts about the company that we're keeping an eye on:

  • Devon Energy has logged a -12.3% 52 week change, compared to -5.8% for the S&P 500

  • DVN has an average analyst rating of buy and is -17.05% away from its mean target price of $67.15 per share

  • Its trailing earnings per share (EPS) is $9.12, which brings its trailing Price to Earnings (P/E) ratio to 6.1. The Energy sector's average P/E ratio is 7.54

  • The company's forward earnings per share (EPS) is $7.1 and its forward P/E ratio is 7.8

  • The company has a Price to Book (P/B) ratio of 3.3 in contrast to the Energy sector's average P/B ratio is 1.68

  • The current ratio is currently 1.2, which consists in its liquid assets divided by any liabilities due within in the next 12 months

  • DVN has reported YOY quarterly earnings growth of -17.5% and gross profit margins of 0.6%

  • The company's free cash flow for the last fiscal year was $3,405,000,000.00 and the average free cash flow growth rate is 126.2%

  • Devon Energy's revenues have an average growth rate of 32.5% with operating expenses growing at -5.6%. The company's current operating margins stand at 41.4%

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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