Devon Energy Corporation (NYSE:DVN) closed its last session at $43.07. The stock traded within a range of $42.25 and $43.56. The company operates in the Energy sector with a market capitalization of 22.7 Million. Trading volume for Devon Energy Corporation was 6.86 Million in its previous trading session. Currently, Devon Energy Corporation (NYSE:DVN) has an average volume of 4.76 Million.
Devon Energy is a leading independent energy company engaged in finding and producing oil and natural gas. Based in Oklahoma City and included in the S&P 500, Devon operates in several of the most prolific oil and natural gas plays in the U.S. and Canada with an emphasis on a balanced portfolio. The Company is the second-largest oil producer among North American onshore independents.
Devon Energy Corporation (NYSE:DVN) received a Buy rating from 6 analysts. 0 analysts gave its stock an Outperform rating. 1 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.
Devon Energy Corporation (NYSE:DVN) touched its 1-Year High price of $47.82 on 01/26/17 and its 1-Year Low price of $28.79 on 07/07/17.
EPS & Financials
Devon Energy Corporation (NYSE:DVN) reported its EPS in the last quarter as $0.46/Share beating the analyst estimate of $0.38/Share by a difference of $0.08. This showed a surprise of 21.1% in the last quarter earnings.
For the current quarter, 27 analysts are projecting a mean EPS of $0.61/share. According to their observations and findings, the stock could provide a high EPS of $0.81/share and a low EPS of $0.4/share.
Analysts believe that the company has the potential to earn average revenue of $3.49 Billion for the current quarter. According to their predictions high & low revenue estimates are 3.64 Billion and 3.13 Billion respectively.
By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with LOW volatility. Devon Energy Corporation (NYSE:DVN) has a 20-Day average volume of 4.47 Million. According to today’s trading volume Devon Energy Corporation is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.
Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.
The company currently has an insider ownership of 0.1 Percent and Institutional ownership of 79.8 Percent. The return on assets stands at 5.8%, Return on Equity currently is 23.2% and the Return on Investment value is -18.6%.
Devon Energy Corporation (NYSE:DVN) gross margin percentage stands at 86.9% while its operating margin for the past trailing twelve month is 15.9 percent and its overall profit margin (ttm) is 12 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 5.29% with a 50-Day Simple Moving Average of 9.23 percent. As of today, the company has a SMA200 (200-day simple moving average) of 19.76 Percent. The Stock has YTD (year to date) performance of 4.03 percent.
The TTM operating margin for the company stands at 15.9%. The return on invested capital is at -18.6%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 0.
The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 19.76%, and has a solid year to date (YTD) performance of 4.03% which means that the stock is constantly adding to its value from the previous fiscal year end price.