Overall Fundamental outlook

Business Operations:

Sector: Energy
Industry: Oil & Gas E&P

Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. The company operates in Delaware Basin located in southeast New Mexico and west Texas, Eagle Ford located in North America, Anadarko Basin located in western Oklahoma, Williston Basin located in North Dakota, and Powder River Basin located in Wyoming. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.

Revenue projections:

Revenue projections for DVN
Revenue projections for DVN

Devon Energy Corporation is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.

Financial Ratios:

currentRatio 0.980000
forwardPE 9.570082
debtToEquity 55.951000
earningsGrowth -0.085000
revenueGrowth -0.121000
grossMargins 0.476990
operatingMargins 0.226560
trailingEps 4.170000
forwardEps 5.367770

DVN's low growth in earnings and revenue points to a likely reduction in profits. This signals a weakening financial performance, indicating the company might face difficulties in staying profitable.
Devon Energy Corporation's positive gross and operating margins reflect its ability to generate profits from operations. These margins demonstrate efficient cost control and profitability, indicating strong financial health for the company.
DVN's forward EPS surpasses its trailing EPS, indicating that the company is expected to be more profitable in the current financial year. This reflects growing confidence in DVN's earnings potential, suggesting stronger financial performance compared to the previous year.

Price projections:

Price projections for DVN
Price projections for DVN

DVN's price has consistently been situated near the lower end of expected values. This ongoing trend may reflect investor skepticism about the company's growth potential and overall performance.

Insider Transactions:

Insider Transactions for DVN
Insider Transactions for DVN


1 sell transactions of DVN were recorded, with market price hovering near 32.869998931884766.The period under consideration saw no sell transactions.With more buying than selling around DVN's current price, investors could be expressing optimism. This trend may suggest that the market expects favorable outcomes for the stock, leading to an increased demand at these levels.

Recommendation changes over time:

Recommendations trend for DVN
Recommendations trend for DVN


Analysts have shown a buy bias for DVN, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to DVN, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.