Devon Energy Corp (DVN)

DVN (NYSE:Energy) EQUITY
$49.42
pos +0.00
+0.00%
Today's Range: 49.35 - 50.36 | DVN Avg Daily Volume: 3,153,000
Last Update: 07/31/15 - 4:01 PM EDT
Volume: 0
YTD Performance: -19.26%
Open: $0.00
Previous Close: $50.61
52 Week Range: $48.21 - $77.01
Oustanding Shares: 411,100,000
Market Cap: 20,805,771,000
6-Month Chart
TheStreet Ratings Grade for DVN
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 12 11 12 11
Moderate Buy 4 4 3 2
Hold 4 5 6 6
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 1.60 1.70 1.71 1.74
Latest Dividend: 0.24
Latest Dividend Yield: 1.90%
Dividend Ex-Date: 09/11/15
Price Earnings Ratio: -8.79
Price Earnings Comparisons:
DVN Sector Avg. S&P 500
-8.79 0.00 25.63
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-27.55% -34.54% -16.41%
GROWTH 12 Mo 3 Yr CAGR
Revenue 88.20 0.71 0.19
Net Income 0.00 -0.21 -0.07
EPS 0.00 -0.65 -0.29
Earnings for DVN:
EBITDA 9.04B
Revenue 19.57B
Average Earnings Estimates
Qtr (06/15) Qtr (09/15) FY (12/15) FY (12/16)
Average Estimate $0.48 $0.56 $1.85 $1.19
Number of Analysts 12 10 16 16
High Estimate $0.73 $0.69 $2.52 $3.26
Low Estimate $0.39 $0.38 $1.09 $-0.76
Prior Year $1.40 $1.34 $4.91 $1.85
Growth Rate (Year over Year) -65.77% -58.58% -62.27% -35.90%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
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Bearish
Jun 17, 2015 | 7:25 AM EDT
DVN was downgraded from Outperform to Perform, Oppenheimer said. Earnings will likely fall in 2016, as hedging gains decline. 

I'm Pumped Up about Oil Stocks Real Money Pro($)

I'm bullish on oil prices for the next six to 12 months, as I see U.S. supply slowing and global demand picking up. I'm looking for oil to continue trading around $60 per barrel now before ultimately moving to the high $60s or low $70s by year's end. While oil has had a strong bounce off of its lows early this year and is up over 25% for the quarter to date, energy stocks are essentially flat and haven't participated in the rally. Therein lies an opportunity. If oil prices stay here or drift higher, energy stocks are due for some catch up. Two companies that I like are Occidental Petroleum (OXY) and Devon Energy (DVN). I believe that OXY has a strong management team that's focused on enhancing shareholder value. They continue to raise the dividend (currently at 3.8%), and Occidental is one of the few energy companies that's willing and able to buy its stock back in the current environment. I think DVN is very well run, has excellent assets and has done a great job of repositioning the company toward more liquids from natural gas. The stock is also trading at a significant discount to its intrinsic value.  An additional positive -- Dan Loeb's Third Point hedge fund just took a new position in the company's stock.
Bullish
Jun 11, 2015 | 7:20 AM EDT
DVN was upgraded to Buy, GMP Securities said. $82 price target. Company has strong operating momentum and net asset value should move h...
While many are wary of U.S. shale producers, there is still great value to be found longer term with companies that are executing prudent strategies.
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Internal or external activism should benefit these stocks.
What will China do to stabilize its economy?
The recent sector rally has overshot the fundamentals.

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Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.