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How to buy Devon Energy Corporation (DVN) shares in Australia

Learn how to easily invest in Devon Energy Corporation shares.

Devon Energy Corporation (DVN) is a leading oil & gas e&p business with stocks listed in the US. It opened the day at US$43.83 after a previous close of US$43.46. During the day the price has varied from a low of USD43.67 to a high of USD44.26. The latest price was USD44.09 (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

  1. Compare share trading platforms. To buy shares in a company listed in the US from Australia you'll need to find a trading platform that offers access to US stock markets. Look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, which will typically include your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Devon Energy Corporation. Find the share by name or ticker symbol: DVN. Research its history to confirm it's a solid investment that matches your financial goals.
  4. 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 using consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$43.46, 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.
  6. 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.

Devon Energy Corporation stock price (NYSE:DVN)

Use our graph to track the performance of DVN stocks over time.

Have Devon Energy Corporation's shares ever split?

Devon Energy Corporation's shares were split on a 2:1 basis on 16 November 2004. So if you had owned 1 share the day before the split, the next day you would own 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 shares at a glance

Information last updated 2023-12-08.
OpenUS$43.83
HighUS$44.26
LowUS$43.67
CloseUS$44.09
Previous closeUS$43.46
Change US$0.63
Change % 1.4496%
Volume 7,439,717
Information last updated 2023-12-05.
52-week rangeUS$42.59 - US$66.1601
50-day moving average US$46.3152
200-day moving average US$49.5166
Target priceUS$56.54
PE ratio 7.6116
Dividend yield US$3.45 (6.42%)
Earnings per share (TTM) US$5.87

Devon Energy Corporation share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Devon Energy Corporation price performance over time

Historical closes compared with the last close of $44.09

1 week (2023-11-30) -1.96%
1 month (2023-11-09) -0.11%
3 months (2023-09-08) -16.27%
6 months (2023-06-09) -11.59%
1 year (2022-12-09) -26.05%
2 years (2021-12-09) 4.18%
3 years (2020-12-10) 166.08%
5 years (2018-12-10) 67.83%

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

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. However, this is not a recommendation. 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.

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 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 US$7.5 billion (£6 billion).

The EBITDA is a measure of a Devon Energy Corporation's overall financial performance and is widely used to measure stock profitability.

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$42.59 up to US$66.1601. A popular way to gauge a stock's volatility is its "beta".

DVN.US volatility(beta: 2.23)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Devon Energy Corporation's is 2.225. 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 financials

Revenue TTM US$14.9 billion
Operating margin TTM 30.03%
Gross profit TTM US$11.3 billion
Return on assets TTM 12.97%
Return on equity TTM 33.57%
Profit margin 25.43%
Book value 18.158
Market capitalisation US$28.6 billion

TTM: trailing 12 months

Devon Energy Corporation share dividends

23%

Dividend payout ratio: 23.03% of net profits

Recently Devon Energy Corporation has paid out, on average, around 23.03% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.42% 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 6.42% return on their shares, in the form of dividend payments. In Devon Energy Corporation's case, that would currently equate to about $3.45 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 December 2023. The latest dividend was paid out to all shareholders who bought their shares by 14 December 2023 (the "ex-dividend date").

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 01/01/2019) 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

Devon Energy Corporation was last rated for ESG on: 2019-01-01.

Total ESG score 42.01
Total ESG percentile 77.16
Environmental score 23.2
Environmental score percentile 9
Social score 13.68
Social score percentile 9
Governance score 15.12
Governance score percentile 9
Level of controversy 2

Devon Energy Corporation overview

Devon Energy Corporation, an independent energy company, explores for, develops, and produces oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Anadarko, Williston, Eagle Ford, and Powder River Basin. The company was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.

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