What Are the Fundamentals Of DVN?

Large-cap Energy company Devon Energy has moved 0.6% so far today on a volume of 5,920,255, compared to its average of 8,399,757. In contrast, the S&P 500 index moved -0.0%.

Devon Energy trades -19.62% away from its average analyst target price of $62.08 per share. The 26 analysts following the stock have set target prices ranging from $47.0 to $81.0, and on average have given Devon Energy a rating of buy.

If you are considering an investment in DVN, you'll want to know the following:

  • Devon Energy's current price is 120.2% above its Graham number of $22.66, which implies that at its current valuation it does not offer a margin of safety

  • Devon Energy has moved -14.5% over the last year, and the S&P 500 logged a change of 20.4%

  • Based on its trailing earnings per share of 9.17, Devon Energy has a trailing 12 month Price to Earnings (P/E) ratio of 5.4 while the S&P 500 average is 15.97

  • DVN has a forward P/E ratio of 7.4 based on its forward 12 month price to earnings (EPS) of $6.71 per share

  • The company has a price to earnings growth (PEG) ratio of -2.69 — a number near or below 1 signifying that Devon Energy is fairly valued compared to its estimated growth potential

  • Its Price to Book (P/B) ratio is 2.93 compared to its sector average of 1.68

  • Devon Energy Corporation, an independent energy company, explores for, develops, and produces oil, natural gas, and natural gas liquids in the United States.

  • Based in Oklahoma City, the company has 1,800 full time employees and a market cap of $32.02 Billion. Devon Energy currently returns an annual dividend yield of 10.2%.

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.