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Devon Energy (GB:0I8W)
LSE:0I8W
Devon Energy (0I8W) Share Price & Analysis
3 Followers
0I8W Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$40.12 - $55.08
Previous Close$52.4
Volume5.07K
Average Volume (3M)8.29K
Market Cap
$33.10B
Enterprise Value$39.41B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$6.16B
Price to Earnings (P/E)9.0
Beta1.42
Next Earnings
May 01, 2024EPS Estimate
$1.12Last Dividend Ex-Date
Mar 14, 2024Dividend Yield4.67%
Share Statistics
EPS (TTM)5.83
Shares Outstanding635,000,000
10 Day Avg. Volume3,449
30 Day Avg. Volume8,294
Standard Deviation0.22
R-Squared0.72
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)2.91
Price to Sales (P/S)0.70
Price to Cash Flow (P/CF)4.70
P/FCF Ratio4.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.79
Enterprise Value/Gross Profit3.63
Enterprise Value/Ebitda5.32
Forecast
1Y Price Target
$57.78Price Target Upside10.27% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering19
Devon Energy News
Bulls Say, Bears Say
Bulls Say
Dividend IncreaseDVN boosted its quarterly base dividend by 10%, reflecting a strong commitment to shareholder returns.
Mergers And AcquisitionsProspects of a larger merger, specifically combining with MRO, could bring large synergies and robust free cash flow accretion.
Operational EfficiencyHigh-grading efforts in the Delaware Basin are expected to significantly improve capital efficiency, which should catalyze a re-rating of the stock.
Bears Say
Acquisition ConcernsInvestor sentiment could suffer if the inventory depth and quality of a new acquisition do not meet expectations.
Guidance And EstimatesConsensus estimates for 4Q23 earnings and cash flow need a modest reset lower to reflect actual commodity pricing.
Operational PerformanceThe company's capital expenditures were about 5% higher than consensus due to additional well completions and increased spending, raising cost concerns.
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Options Prices
Currently, No data available
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Ownership Overview
8.35% Insiders
24.32% Mutual Funds
28.20% Other Institutional Investors
39.13% Public Companies and
Individual Investors
0I8W FAQ
What was Devon Energy’s price range in the past 12 months?
Devon Energy lowest share price was $40.12 and its highest was $55.08 in the past 12 months.
What is Devon Energy’s market cap?
Currently, no data Available
When is Devon Energy’s upcoming earnings report date?
Devon Energy’s upcoming earnings report date is May 01, 2024 which is in 7 days.
How were Devon Energy’s earnings last quarter?
Devon Energy released its earnings results on Feb 27, 2024. The company reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.03.
Is Devon Energy overvalued?
According to Wall Street analysts Devon Energy’s price is currently Undervalued.
Does Devon Energy pay dividends?
Devon Energy pays a Quarterly dividend of $0.44 which represents an annual dividend yield of 4.67%. See more information on Devon Energy dividends here
What is Devon Energy’s EPS estimate?
Devon Energy’s EPS estimate is $1.12.
How many shares outstanding does Devon Energy have?
Devon Energy has 635,000,000 shares outstanding.
What happened to Devon Energy’s price movement after its last earnings report?
Devon Energy reported an EPS of $1.41 in its last earnings report, beating expectations of $1.38. Following the earnings report the stock price went down -0.9%.
Which hedge fund is a major shareholder of Devon Energy?
Among the largest hedge funds holding Devon Energy’s share is Yacktman Asset Management LP. It holds Devon Energy’s shares valued at 147M.
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Devon Energy Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$57.78 (10.27% Upside)
$57.78 (10.27% Upside)
Blogger Sentiment
Bullish
GB:0I8W Sentiment 88%
Sector Average 72%
Sector Average 72%
Insider Transactions
Bought Shares
Worth $666.3K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.28%
12-Months-Change
Fundamentals
Return on Equity
32.17%
Trailing 12-Months
Asset Growth
5.48%
Trailing 12-Months
Company Description
Devon Energy
Devon Energy Corp. engages in the exploration, development, and production of oil and natural gas properties. It operates through the following geographical segments: U.S., Canada, and EnLink. It develops and operates Delaware Basin, Eagle Ford, Heavy Oil, Baarnett Shale, STACK, and Rockies Oil. The company was founded by J. Larry Nichols and John W. Nichols in 1971 and is headquartered in Oklahoma City, OK.
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0I8W Company Deck
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0I8W Earnings Call
Q4 2024
0:00 / 0:00
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0I8W Stock 12 Months Forecast
Average Price Target
$57.78
▲(10.27% Upside)
Technical Analysis
Best Analysts Covering 0I8W
1 Year
1 Year Success Rate
17/19 ratings generated profit
1 Year Average Return
+39.32%
reiterated a buy rating last month
Copying Nitin Kumar CFA's trades and holding each position for 1 Year would result in 89.47% of your transactions generating a profit, with an average return of +39.32% per trade.
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