Devon Energy Corporation (DVN) is currently trading at a discount compared with its industry on a trailing 12-month Enterprise Value/Earnings before Interest Tax Depreciation and Amortization (EV/EBITDA TTM) basis. Devon is currently trading at 4.01X, lower than its industry's average of 7.17X. Devon is trading 12.4% below its five-year median of 4.58X. DVN currently has a Value Score of A. Devon is attractively valued compared with other companies like Chesapeake Energy Corporation (CHK) and EQT Corporatio ...

Devon Energy (DVN) closed the most recent trading day at $41.01, moving -0.27% from the previous trading session. This change lagged the S&P 500's daily gain of 0.25%. On the other hand, the Dow registered a gain of 0.2%, and the technology-centric Nasdaq increased by 0.56%. Shares of the oil and gas exploration company have depreciated by 8.91% over the course of the past month, underperforming the Oils-Energy sector's loss of 0.05% and the S&P 500's gain of 1.65%. Market participants will be closely follo ...

OKLAHOMA CITY, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report third-quarter 2024 results on Tuesday, Nov. 5, after the close of U.S. financial markets. The earnings release and presentation for the third-quarter 2024 results will be available on the company's website at www.devonenergy.com. On Wednesday, Nov. 6, the company will hold a conference call at 10 a.m. CST (11 a.m. EST), which will consist primarily of answers to questions from analysts and investo ...

Anton Zharkov is a financial analyst specializing in manufacturing companies across all industries except financial companies, insurers, REITs, and banks. In his articles, he will provide detailed analysis of mega and large-cap stocks for long/short portfolios, utilizing quantitative models from Eyestock.io. He will focus on factors such as growth, value, and high-quality, complementing these with classic bottom-up fundamental analysis. Most of the stocks discussed in his articles will be purchased or alrea ...

Editor's note: Seeking Alpha is proud to welcome Shariq Khan as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opini ...

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P and Josepar 15 1 hirun Devon Energy Corporation (NYSE:DVN) is a U.S. hydrocarbon company with a valuation of roughly $25 billion. The company has a dividend yield of more than 5% and is committed to generating strong shareholder returns, which it's built a history of doing so recently. As will see throughout this article, Devon Energy can cominus generating strong shareholder returns. Devon Energy Business Model The company's business model centers around growing its production and increasing overall shar ...

The energy sector has experienced a significant pullback in recent months, which could present compelling buying opportunities for value investors. While the sector remains up 2.59% year-to-date, it's far off the doubledigit gains it saw earlier in the year. The sector has now pulled back nearly 13% from its 52-week highs in April. One major factor weighing on the sector is the price of oil, which has dropped to 52-week lows, with Crude Oil Futures trading near $68. This decline has put pressure on energy s ...

September often carries a reputation for market volatility and potential downturns, usually called the "September Effect." This perception is rooted in historical observations, but savvy investors should avoid letting perceived trends dictate their investment decisions. Focusing on solid fundamentals and identifying companies with robust growth prospects can yield positive returns regardless of the month. Get Devon Energy alerts: Unraveling the Mystery of the "September Effect" The "September Effect" refers ...