Devon Energy Corporation Overview
Industry: Oil & Gas E&P
Sector: Energy
Devon Energy Corporation, an independent energy company, explores for, develops, and produces oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Anadarko, Williston, Eagle Ford, and Powder River Basin. The company was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma. Devon Energy Corporation, an independent energy company, explores for, develops, and produces oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Anadarko, Williston, Eagle Ford, and Powder River Basin. The company was incorporated in 1971 and is headquartered in Read MoreMavefund brings filings, fundamentals, valuation, price history and news for Devon Energy Corporation into one research view. The sections below show what strengthens or weakens the research case.
Score
Reported Results
What the company reported, with filing details kept small.
Quarterly result summary
Revenue was $3.8B (-8% YoY); earnings were $6M. Earnings was $6M (-67% YoY). Net income was $120M (-79% YoY).
Revenue
$3.8B
-8% YoY
Earnings
$6M
-67% YoY
Net income
$120M
-79% YoY
What changed
- Revenue -8% YoY to $3.8B; earnings $6M.
- Net income -79% YoY to $120M.
Guidance / outlook
No formal outlook was extracted from this filing excerpt. Open the SEC source to review full management commentary.
Earnings release
Open filing
Source: SEC EDGAR company-filed earnings materials. Dates are shown only for verification; review the source filing before relying on extracted report details.
Other recent earnings materials
Prediction-grade evidence
Recent News
Company-relevant articles from sources that pass the Mave Signal relevance and reliability checks.
Truist Says Devon Energy’s (DVN) Next Earnings Report Could Be a Turning Point
Headline from Yahoo Finance: Truist Says Devon Energy’s (DVN) Next Earnings Report Could Be a Turning Point.
Devon Energy: Trading at a Big Discount, This Dividend Stock Deserves a Closer Look
Headline from Morningstar: Devon Energy: Trading at a Big Discount, This Dividend Stock Deserves a Closer Look.
Devon Energy explores sale of shale assets worth over $4bn- Bloomberg
Headline from Investing.com Nigeria: Devon Energy explores sale of shale assets worth over $4bn- Bloomberg.
Devon Energy Corporation (DVN) stock price, news, quote and history
Headline from Yahoo Finance Australia: Devon Energy Corporation (DVN) stock price, news, quote and history.
Devon Energy mulls $4 billion sale of Eagle Ford, Powder River assets, Bloomberg News reports
Headline from Reuters: Devon Energy mulls $4 billion sale of Eagle Ford, Powder River assets, Bloomberg News reports.
Devon Energy explores sale of shale assets worth over $4bn- Bloomberg
Headline from Investing.com: Devon Energy explores sale of shale assets worth over $4bn- Bloomberg.
Earnings Per Share
Score 2.00/5
Devon Energy Corporation earns a low score, as its Earnings Per Share (EPS) has not shown continuous growth over the last six years. Notable counterparts in the sector with high scores includes
Texas Pacific Land Corp
ENTERPRISE PRODUCTS PARTNERS L.P.
Antero Midstream Corp
In
Oil & Gas E&P industry
, Texas Pacific Land Corp
, Marathon Oil Corporation
, Chesapeake Energy Corp
are companies with high ratings.
Return on Equity
Score 2.62/5
Devon Energy Corporation stands out with a superior score in the Return on Equity (ROE) section, surpassing the sector median value and showcasing its strong performance in this metric. The top companies in the same sector include
Texas Pacific Land Corp
ENTERPRISE PRODUCTS PARTNERS L.P.
Antero Midstream Corp
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Net Margin
Score 2.61/5
Devon Energy Corporation
commands a high score, propelled by its net margin consistently outpacing the sector median value and exhibiting continuous growth in recent six years; noteworthy counterparts in the sector, boasting similarly high scores, include
Texas Pacific Land Corp
ENTERPRISE PRODUCTS PARTNERS L.P.
Antero Midstream Corp
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Leverage
Score 2.83/5
Devon Energy Corporation
attains a commendable score in the category due to its lower leverage ratio over the past six years in comparison to the sector median value. Additionally, other notable companies in the same sector, such as
Texas Pacific Land Corp
ENTERPRISE PRODUCTS PARTNERS L.P.
Antero Midstream Corp
, also exhibit high scores.
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Financial Statements
Company-reported SEC EDGAR facts organized into the three core statements.
Verified SEC statements load when this section enters view.
Source: SEC EDGAR companyfacts. Values are standardized company filings for research support, not personalized financial advice.
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