Devon Energy Financials
| DVN Stock | MXN 625.45 5.44 0.88% |
Devon |
Understanding current and past Devon Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Devon Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Devon Energy's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Devon Energy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Devon Energy. Check Devon Energy's Beneish M Score to see the likelihood of Devon Energy's management manipulating its earnings.
Devon Energy Stock Summary
Devon Energy competes with ConocoPhillips, Cabot Oil, and APA. 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 founded in 1971 and is headquartered in Oklahoma City, Oklahoma. DEVON ENERGY operates under Oil Gas EP classification in Mexico and is traded on Mexico Stock Exchange. It employs 1400 people.| Foreign Associate | USA |
| Instrument | Mexico Stock View All |
| Exchange | Mexican Exchange |
| Business Address | 333 West Sheridan |
| Sector | Energy |
| Industry | Oil & Gas E&P |
| Benchmark | Dow Jones Industrial |
| Website | www.devonenergy.com |
| Phone | 405 235 3611 |
| Currency | MXN - Mexican Peso |
You should never invest in Devon Energy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Devon Stock, because this is throwing your money away. Analyzing the key information contained in Devon Energy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Devon Energy Key Financial Ratios
Devon Energy's financial ratios allow both analysts and investors to convert raw data from Devon Energy's financial statements into concise, actionable information that can be used to evaluate the performance of Devon Energy over time and compare it to other companies across industries.| Return On Equity | 0.63 | |||
| Return On Asset | 0.23 | |||
| Beta | 2.39 | |||
| Z Score | 72.0 | |||
| Last Dividend Paid | 4.66 |
Devon Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Devon Energy's current stock value. Our valuation model uses many indicators to compare Devon Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Devon Energy competition to find correlations between indicators driving Devon Energy's intrinsic value. More Info.Devon Energy is rated # 2 in return on equity category among its peers. It is rated # 3 in return on asset category among its peers reporting about 0.36 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Devon Energy is roughly 2.76 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Devon Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Devon Energy's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Devon Energy Systematic Risk
Devon Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Devon Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Devon Energy correlated with the market. If Beta is less than 0 Devon Energy generally moves in the opposite direction as compared to the market. If Devon Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Devon Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Devon Energy is generally in the same direction as the market. If Beta > 1 Devon Energy moves generally in the same direction as, but more than the movement of the benchmark.
Devon Energy December 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Devon Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Devon Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Devon Energy based on widely used predictive technical indicators. In general, we focus on analyzing Devon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Devon Energy's daily price indicators and compare them against related drivers.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 8.81 | |||
| Value At Risk | (4.73) | |||
| Potential Upside | 2.84 |
Additional Tools for Devon Stock Analysis
When running Devon Energy's 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 the 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.