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The closing price of Devon Energy Corp (NYSE: DVN) was $32.17 for the day, down -3.10% from the previous closing price of $33.2. In other words, the price has decreased by -$3.10 from its previous closing price. On the day, 6.94 million shares were traded. DVN stock price reached its highest trading level at $33.34 during the session, while it also had its lowest trading level at $32.15.
Ratios:
Our analysis of DVN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 1.08. In the meantime, Its Debt-to-Equity ratio is 0.62 whereas as Long-Term Debt/Eq ratio is at 0.58.
On January 14, 2025, The Benchmark Company Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $44.
Wolfe Research Upgraded its Peer Perform to Outperform on January 03, 2025, while the target price for the stock was maintained at $45.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DVN now has a Market Capitalization of 20656355328 and an Enterprise Value of 28462200832. As of this moment, Devon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.32, and their Forward P/E ratio for the next fiscal year is 7.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.25 while its Price-to-Book (P/B) ratio in mrq is 1.42. Its current Enterprise Value per Revenue stands at 1.785 whereas that against EBITDA is 3.668.
Stock Price History:
The Beta on a monthly basis for DVN is 1.10, which has changed by -0.31177443 over the last 52 weeks, in comparison to a change of 0.10611236 over the same period for the S&P500. Over the past 52 weeks, DVN has reached a high of $49.07, while it has fallen to a 52-week low of $25.89. The 50-Day Moving Average of the stock is -1.49%, while the 200-Day Moving Average is calculated to be -8.15%.
Shares Statistics:
DVN traded an average of 8.27M shares per day over the past three months and 7324980 shares per day over the past ten days. A total of 644.00M shares are outstanding, with a floating share count of 609.23M. Insiders hold about 5.12% of the company’s shares, while institutions hold 71.98% stake in the company. Shares short for DVN as of 1749772800 were 16829359 with a Short Ratio of 2.22, compared to 1747267200 on 18297051. Therefore, it implies a Short% of Shares Outstanding of 16829359 and a Short% of Float of 2.9899999999999998.
Dividends & Splits
With its trailing 12-month dividend rate of 1.25, DVN has a forward annual dividend rate of 0.92. Against a Trailing Annual Dividend Yield of 0.0376506The stock’s 5-year Average Dividend Yield is 5.18. The current Payout Ratio is 31.80% for DVN, which recently paid a dividend on 2025-06-13 with an ex-dividend date of 1749772800. Stock splits for the company last occurred on 2004-11-16 when the company split stock in a 2:1 ratio.
