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Devon Energy Corporation (DVN) is a leading oil & gas e&p business with stocks listed in the US. It opened the day at US$40.25 after a previous close of US$39.78. During the day the price has varied from a low of USD40.035 to a high of USD40.98. The latest price was USD40.1 (25 minute delay). Devon Energy Corporation is listed on the NYSE. All prices are listed in US Dollars.
How to buy shares in Devon Energy Corporation
- Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Devon Energy Corporation. Find the share by name or ticker symbol: DVN. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Devon Energy Corporation reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$39.78, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Devon Energy Corporation, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Devon Energy Corporation. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Devon Energy Corporation key stats
- Compare share trading platforms
- Is Devon Energy Corporation stock a buy or sell?
- Devon Energy Corporation performance over time
- Can I short Devon Energy Corporation shares?
- Is Devon Energy Corporation suitable for ethical investing?
- Are Devon Energy Corporation shares over-valued?
- Devon Energy Corporation's financials
- How volatile are Devon Energy Corporation shares?
- Does Devon Energy Corporation pay a dividend?
- Have Devon Energy Corporation shares ever split?
- Other common questions
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
|52-week range||US$7.9518 - US$40.98|
|50-day moving average||US$32.8969|
|200-day moving average||US$27.853|
|Dividend yield||US$0.44 (1.11%)|
|Earnings per share (TTM)||US$0.513|
Where to buy Devon Energy Corporation stock
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
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.
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Devon Energy Corporation price performance over time
|3 months (2021-07-16)||55.55%|
|6 months (2021-04-16)||83.27%|
|1 year (2020-10-16)||348.04%|
|2 years (2019-10-17)||96.76%|
|3 years (2018-10-17)||11.39%|
|5 years (2016-10-17)||-4.00%|
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Is Devon Energy Corporation under- or over-valued?
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 78x. In other words, Devon Energy Corporation shares trade at around 78x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-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 1.9044. 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 US$2.1 billion (£1.5 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||US$7.9 billion|
|Operating margin TTM||5.94%|
|Gross profit TTM||US$1.6 billion|
|Return on assets TTM||1.93%|
|Return on equity TTM||5.06%|
|Market capitalisation||US$27.1 billion|
TTM: trailing 12 months
Shorting Devon Energy Corporation shares
There are currently 24.5 million Devon Energy Corporation shares held short by investors – that's known as Devon Energy Corporation's "short interest". This figure is 23% up from 19.9 million last month.
There are a few different ways that this level of interest in shorting Devon Energy Corporation shares can be evaluated.
Devon Energy Corporation's "short interest ratio" (SIR)
Devon Energy Corporation's "short interest ratio" (SIR) is the quantity of Devon Energy Corporation shares currently shorted divided by the average quantity of Devon Energy Corporation shares traded daily (recently around 12.7 million). Devon Energy Corporation's SIR currently stands at 1.93. In other words for every 100,000 Devon Energy Corporation shares traded daily on the market, roughly 1930 shares are currently held short.
However Devon Energy Corporation's short interest can also be evaluated against the total number of Devon Energy Corporation shares, or, against the total number of tradable Devon Energy Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Devon Energy Corporation's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 Devon Energy Corporation shares in existence, roughly 40 shares are currently held short) or 0.0388% of the tradable shares (for every 100,000 tradable Devon Energy Corporation shares, roughly 39 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Devon Energy Corporation.
Find out more about how you can short Devon Energy Corporation stock.
Devon Energy Corporation's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Devon Energy Corporation.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Devon Energy Corporation's total ESG risk score
Total ESG risk: 42.01
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Devon Energy Corporation's overall score of 42.01 (as at 12/31/2018) is pretty weak – landing it in it in the 77th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Devon Energy Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Devon Energy Corporation's environmental score
Environmental score: 23.2/100
Devon Energy Corporation's environmental score of 23.2 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Devon Energy Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Devon Energy Corporation's social score
Social score: 13.68/100
Devon Energy Corporation's social score of 13.68 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Devon Energy Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Devon Energy Corporation's governance score
Governance score: 15.12/100
Devon Energy Corporation's governance score puts it squarely in the 9th percentile of companies rated in the same sector. That could suggest that Devon Energy Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Devon Energy Corporation's controversy score
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Devon Energy Corporation scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Devon Energy Corporation has, for the most part, managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||42.01|
|Total ESG percentile||77.16|
|Environmental score percentile||9|
|Social score percentile||9|
|Governance score percentile||9|
|Level of controversy||2|
Devon Energy Corporation share dividends
Dividend payout ratio: 1.72% of net profits
Recently Devon Energy Corporation has paid out, on average, around 1.72% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.13% 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 1.13% return on their shares, in the form of dividend payments. In Devon Energy Corporation's case, that would currently equate to about $0.44 per share.
While Devon Energy Corporation's payout ratio might seem low, this can signify that Devon Energy Corporation is investing more in its future growth.
Devon Energy Corporation's most recent dividend payout was on 29 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 9 September 2021 (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 US$7.9518 up to US$40.98. 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 3.1693. 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, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 3,942 gross wells. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.
Devon Energy Corporation in the news
Who Could Be The Unhedged NatGas Winners? Let The Data Talk
Devon Energy (DVN) Stock Sinks As Market Gains: What You Should Know
Scout Investments, Inc. Buys Devon Energy Corp, Baker Hughes Co, Royal Caribbean Group, Sells Freeport-McMoRan Inc, EOG Resources Inc, Teradata Corp
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