Devon Energy Corporation (DVN) Stock

About Devon Energy Corporation

As an independent energy producer, Devon Energy Corporation primarily focuses on the exploration, development, and extraction of oil, natural gas, and natural gas liquids within the United States. The company manages roughly 5,134 gross wells. Established in 1971, its corporate headquarters are located in Oklahoma City, Oklahoma.

Devon Energy Corporation is led by CEO Clay Gaspar, employs 2,300 people, headquartered in Oklahoma City, US, publicly traded since 1985.

Devon Energy Corporation (DVN) stock trades at $43.98 with a market capitalization of $27.33B. The stock is valued at a price-to-earnings (P/E) ratio of 11.75, price-to-book of 1.71, price-to-sales of 1.59. Over the past 52 weeks the stock has ranged between $31.45 and $52.71, and currently trades 16.6% below its 52-week high. It pays a dividend yielding 3.02%.

On profitability, Devon Energy Corporation generates a return on equity (ROE) of 14.78%, above the typical market average, return on capital employed of 11.21%, an operating margin of 18.84%, a net profit margin of 13.71%.

In its most recent fiscal year, Devon Energy Corporation reported annual revenue of $17.2B, net profit of $2.6B, revenue has compounded at 28.9% a year over the last five years.

The balance sheet shows a debt-to-equity ratio of 0.56, a current ratio of 1.01, total assets of $31.6B, $1.4B in cash and equivalents.

DVN has an average daily trading volume of 14,302,724 shares, a beta of 0.43 (less volatile than the overall market).

Official website: www.devonenergy.com