Devon Energy Corporation

Devon Energy Corporationverified

DVN

Price:

$46.77

Market Cap:

$29.56B

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 5,134 gross wells. Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

1985-07-22

Stock Exchange

NYSE

Ticker

DVN

The ROE as of June 2024 (TTM) for Devon Energy Corporation (DVN) is 28.56%

According to Devon Energy Corporation’s latest financial reports and current stock price. The company's current ROE is 28.56%. This represents a change of 300.45% compared to the average of 7.13% of the last 4 quarters.

Devon Energy Corporation (DVN) Historical ROE (quarterly & annually)

How has DVN ROE performed in the past?

The mean historical ROE of Devon Energy Corporation over the last ten years is -18.44%. The current 28.56% ROE has changed -254.85% with respect to the historical average. Over the past ten years (40 quarters), DVN's ROE was at its highest in in the September 2018 quarter at 28.51%. The ROE was at its lowest in in the December 2015 quarter at -64.29%.

Quarterly (TTM)
Annual

Average

-18.44%

Median

8.58%

Minimum

-205.05%

Maximum

53.86%

Devon Energy Corporation (DVN) ROE by Quarter and Year

Discovering the peaks and valleys of Devon Energy Corporation ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 6.37%

Maximum Annual ROE = 53.86%

Minimum Annual Increase = -7747.03%

Minimum Annual ROE = -205.05%

Quarterly (TTM)
Annual
YearROEChange
202331.07%-42.32%
202253.86%77.35%
202130.37%-134.46%
2020-88.15%6.37%
2019-1.36%-104.08%
201833.36%243.73%
20179.70%-117.42%
2016-55.71%-72.83%
2015-205.05%-2848.34%
20147.46%-7747.03%

Devon Energy Corporation (DVN) Average ROE

How has DVN ROE performed in the past?

The current ROE of Devon Energy Corporation (DVN) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

38.43%

5-year avg

5.16%

10-year avg

-18.44%

Devon Energy Corporation (DVN) ROE vs. Peers

How is DVN’s ROE compared to its peers?

Devon Energy Corporation’s ROE is less than Coterra Energy Inc. (10.08%), less than Diamondback Energy, Inc. (19.56%), less than EOG Resources, Inc. (26.58%), less than ConocoPhillips (21.84%), less than Pioneer Natural Resources Company (20.80%), less than EQT Corporation (4.42%), less than Marathon Oil Corporation (12.80%), less than Permian Resources Corporation (10.28%),

Build a custom stock screener for Devon Energy Corporation (DVN) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Devon Energy Corporation using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Devon Energy Corporation (DVN) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Devon Energy Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is Devon Energy Corporation's ROE?

How is the ROE calculated for Devon Energy Corporation (DVN)?

What is the highest ROE for Devon Energy Corporation (DVN)?

What is the 3-year average ROE for Devon Energy Corporation (DVN)?

What is the 5-year average ROE for Devon Energy Corporation (DVN)?

How does the current ROE for Devon Energy Corporation (DVN) compare to its historical average?