Acquisition by Ann Fox of 127100 shares of Nine Energy subject to Rule 16b-3
| DVN Stock | MXN 635.00 9.55 1.53% |
Slightly above 51% of Devon Energy's investors are presently thinking to get in. The analysis of current outlook of investing in Devon Energy suggests that some traders are interested regarding Devon Energy's prospects. Devon Energy's investing sentiment can be driven by a variety of factors including economic data, Devon Energy's earnings reports, geopolitical events, and overall market trends.
Devon |
Filed transaction by Nine Energy Service Director, Officer See Remarks. Grant, award or other acquisition pursuant to Rule 16b-3
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Devon Energy Fundamental Analysis
We analyze Devon Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Devon Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Devon Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
EBITDA
EBITDA Comparative Analysis
Devon Energy is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Devon Energy Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Devon Energy stock to make a market-neutral strategy. Peer analysis of Devon Energy could also be used in its relative valuation, which is a method of valuing Devon Energy by comparing valuation metrics with similar companies.
Peers
Devon Energy Related Equities
| UAL | United Airlines | 4.69 | ||||
| MNST | Monster Beverage | 1.62 | ||||
| GCARSOA1 | Grupo Carso | 0.61 | ||||
| SCCO | Southern Copper | 0.00 | ||||
| VZ | Verizon Communications | 0.13 | ||||
| SPORTS | Grupo Sports | 0.31 |
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.