Devon Stock Analysis

DVN
 Stock
  

USD 61.21  0.24  0.39%   

The latest rise in Devon Energy short term price appreciation could raise concerns from institutional investors as the firm is trading at a share price of 61.21 on 4,986,258 in volume. The company executives have successfully maneuvered the firm at convenient times to take advantage of all market conditions in August. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.27. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Devon Energy partners.
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The Devon Energy stock analysis report makes it easy to digest most publicly released information about Devon Energy and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Devon Stock analysis module also helps to analyze the Devon Energy price relationship with some important fundamental indicators such as market cap and management efficiency.

Devon Stock Analysis Notes

About 85.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 0.23. Devon Energy Corp recorded a loss per share of 7.12. The entity last dividend was issued on the 10th of June 2022. The firm had 2:1 split on the 16th of November 2004. Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma. Devon Energy operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 1600 people. To learn more about Devon Energy Corp call John Richels at 405 235 3611 or check out https://www.devonenergy.com.

Devon Energy Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Devon Energy's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Devon Energy Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Devon Energy Corp has very high historical volatility over the last 90 days
Over 85.0% of the company shares are held by institutions such as insurance companies
Latest headline from simplywall.st: Are Devon Energy Corporation Investors Paying Above The Intrinsic Value - Simply Wall St

Devon Energy Corp Upcoming and Recent Events

Earnings reports are used by Devon Energy to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Devon Energy previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report15th of February 2022
Next Financial Report3rd of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End15th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Devon Energy SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Devon Energy prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Devon Energy investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Devon Energy Corp specific information freely available to individual and institutional investors to make a timely investment decision.
16th of September 2022
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
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1st of August 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
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10th of June 2022
Financial Statements and Exhibits. Submission of Matters to a Vote of Security Holders. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
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2nd of May 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
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11th of March 2022
Unclassified Corporate Event
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7th of March 2022
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
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15th of February 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
10th of February 2022
Unclassified Corporate Event
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Devon Energy Thematic Classifications

In addition to having Devon Energy stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Power Stocks
High potential, large capitalization stocks theme

Devon Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Devon Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Devon Energy Corp backward and forwards among themselves. Devon Energy's institutional investor refers to the entity that pools money to purchase Devon Energy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Vanguard Group IncCommon Shares75.5 M4.2 B
Blackrock IncCommon Shares54.4 MB
State Street CorpCommon Shares39.9 M2.2 B
Fmr LlcCommon Shares23 M1.3 B
Gqg Partners LlcCommon Shares14.9 M822.1 M
Geode Capital Management LlcCommon Shares12.6 M694 M
Invesco LtdCommon Shares11.7 M642.2 M
Note, although Devon Energy's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Devon Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 39.06 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Devon Energy's market, we take the total number of its shares issued and multiply it by Devon Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Devon Profitablity

Devon Energy's profitability indicators refer to fundamental financial ratios that showcase Devon Energy's ability to generate income relative to its revenue or operating costs. If, let's say, Devon Energy is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Devon Energy's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Devon Energy's profitability requires more research than a typical breakdown of Devon Energy's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 24.03 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 44.54 %, which entails that for every 100 dollars of revenue, it generated 0.45 of operating income.

Management Efficiency

The entity has Return on Asset of 13.14 % which means that on every $100 spent on asset, it made $13.14 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 40.31 %, implying that it generated $40.31 on every 100 dollars invested. Devon Energy management efficiency ratios could be used to measure how well devon energy corp manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 30th of September, Devon Energy shows the Mean Deviation of 2.75, downside deviation of 3.38, and Coefficient Of Variation of 3582.92. Devon Energy Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Devon Energy Corp, which can be compared to its rivals. Please confirm Devon Energy Corp information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Devon Energy Corp is priced favorably, providing market reflects its regular price of 61.21 per share. Given that Devon Energy has jensen alpha of 0.1831, we urge you to verify Devon Energy Corp's prevailing market performance to make sure the company can sustain itself at a future point.

Devon Energy Corp Price Movement Analysis

The output start index for this execution was sixty with a total number of output elements of one. The Double Exponential Moving Average indicator was developed by Patrick Mulloy. It consists of a single exponential moving average and a double exponential moving average. This indicator is more responsive to Devon Energy Corp changes than the simple moving average.
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Devon Energy Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Devon Energy insiders, such as employees or executives, is commonly permitted as long as it does not rely on Devon Energy's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Devon Energy insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Devon Energy Predictive Daily Indicators

Devon Energy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Devon Energy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Devon Energy Forecast Models

Devon Energy time-series forecasting models is one of many Devon Energy's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Devon Energy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Devon Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Devon Energy prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Devon shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Devon Energy. By using and applying Devon Stock analysis, traders can create a robust methodology for identifying Devon entry and exit points for their positions.
Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma. Devon Energy operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 1600 people.

Current Devon Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Devon analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Devon analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
48.5Buy16Odds
Devon Energy Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Devon analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Devon stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Devon Energy Corp, talking to its executives and customers, or listening to Devon conference calls.
Devon Analyst Advice Details

Devon Stock Analysis Indicators

Devon Energy Corp stock analysis indicators help investors evaluate how Devon Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Devon Energy shares will generate the highest return on investment. By understating and applying Devon Energy stock analysis, traders can identify Devon Energy position entry and exit signals to maximize returns.
Quick Ratio1.19
Trailing Annual Dividend Rate0.42
Fifty Two Week Low33.92
Revenue Growth74.00%
Payout Ratio49.91%
Average Daily Volume Last 10 Day13.13M
Shares Short Prior Month15.49M
Average Daily Volume In Three Month11.77M
Earnings Growth362.50%
Shares Percent Shares Out2.19%
Earnings Quarterly Growth364.30%
Gross Margins58.21%
Forward Price Earnings6.14
Short Percent Of Float2.49%
Float Shares655.23M
Fifty Two Week High79.40
Fifty Day Average64.17
Enterprise Value To Ebitda6.90
Two Hundred Day Average59.03
Enterprise Value To Revenue3.07
Trailing Annual Dividend Yield0.67%
Continue to Investing Opportunities. You can also try Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running Devon Energy Corp price analysis, check to measure Devon Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Devon Energy is operating at the current time. Most of Devon Energy's value examination focuses on studying past and present price action to predict the probability of Devon Energy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Devon Energy's price. Additionally, you may evaluate how the addition of Devon Energy to your portfolios can decrease your overall portfolio volatility.
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Is Devon Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Devon Energy. If investors know Devon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Devon Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Devon Energy Corp is measured differently than its book value, which is the value of Devon that is recorded on the company's balance sheet. Investors also form their own opinion of Devon Energy's value that differs from its market value or its book value, called intrinsic value, which is Devon Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Devon Energy's market value can be influenced by many factors that don't directly affect Devon Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Devon Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine Devon Energy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Devon Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.