Paying user area
Try for free
Devon Energy Corp. pages available for free this week:
- Balance Sheet: Assets
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Profitability Ratios
- Price to FCFE (P/FCFE)
- Capital Asset Pricing Model (CAPM)
- Dividend Discount Model (DDM)
- Net Profit Margin since 2005
- Return on Equity (ROE) since 2005
- Return on Assets (ROA) since 2005
- Debt to Equity since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Devon Energy Corp. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net earnings (loss) applicable to common stockholders1 (in millions) | ÷ | No. shares of common stock outstanding2 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Feb 15, 2023 | = | ÷ | = | ÷ | |||||||
Feb 16, 2022 | = | ÷ | = | ÷ | |||||||
Feb 17, 2021 | = | ÷ | = | ÷ | |||||||
Feb 19, 2020 | = | ÷ | = | ÷ | |||||||
Feb 20, 2019 | = | ÷ | = | ÷ | |||||||
Feb 21, 2018 | = | ÷ | = | ÷ | |||||||
Feb 15, 2017 | = | ÷ | = | ÷ | |||||||
Feb 17, 2016 | = | ÷ | = | ÷ | |||||||
Feb 20, 2015 | = | ÷ | = | ÷ | |||||||
Feb 28, 2014 | = | ÷ | = | ÷ | |||||||
Feb 21, 2013 | = | ÷ | = | ÷ | |||||||
Feb 24, 2012 | = | ÷ | = | ÷ | |||||||
Feb 25, 2011 | = | ÷ | = | ÷ | |||||||
Feb 25, 2010 | = | ÷ | = | ÷ | |||||||
Feb 27, 2009 | = | ÷ | = | ÷ | |||||||
Feb 28, 2008 | = | ÷ | = | ÷ | |||||||
Feb 28, 2007 | = | ÷ | = | ÷ | |||||||
Mar 3, 2006 | = | ÷ | = | ÷ |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Devon Energy Corp. Annual Report.
The provided financial data reveals several notable trends and fluctuations in the share price, earnings per share (EPS), and price-to-earnings (P/E) ratio over the analyzed periods.
- Share Price Trends
- The share price exhibited considerable volatility throughout the years. Initially, an upward trend was observed, rising from $60.81 in early 2006 to a peak of $106.04 in early 2008. Subsequently, there was a sharp decline to $43.67 by early 2009, followed by a moderate recovery phase peaking again around $90.35 in early 2011. From 2011 onwards, the price displayed a general downward trajectory with intermittent recoveries, reaching a low point of $20.33 in early 2016. Since then, the share price showed a gradual recovery again, with notable increases to $53.85 in early 2022 and $57.23 in early 2023.
- Earnings Per Share (EPS) Patterns
- EPS demonstrated significant variability, including multiple instances of negative earnings. Early earnings were positive and growing, increasing from $6.61 in 2006 to a peak of $11.64 in 2012. However, EPS turned negative several times, notably declining to -$4.85 in 2009 and exhibiting severe declines such as -$32.75 in 2016. Despite these negative periods, positive recoveries occurred, reaching $10.66 in 2011 and again more moderately positive values towards the later years—$4.24 in 2022 and $9.20 in 2023. This pattern indicates considerable earnings instability with occasional performance recoveries.
- Price-to-Earnings (P/E) Ratio Observations
- The P/E ratio data is incomplete but provides insight into valuation fluctuations when available. Ratios fluctuated between approximately 4.33 and 17.91 during the periods reported. Notably, lower P/E values correspond to times when EPS was recovering from losses or when share prices were depressed relative to earnings, such as early 2020 (P/E of 4.33). Conversely, higher P/E ratios align with periods of higher share price relative to earnings, exemplified by values around 16.33 and 17.91 in 2014 and 2018 respectively. Missing values correspond primarily to periods with negative EPS, during which P/E ratios are not typically computed or reported.
Overall, the data reflects a company experiencing periods of considerable financial stress and recovery. The volatile share price aligns with swings in earnings performance, reflecting market responses to underlying profitability changes. The intermittent negative EPS and subsequent recoveries suggest challenges in maintaining consistent profitability. Corresponding fluctuations in the P/E ratio further underscore changing investor sentiment and valuation in response to these earnings patterns.
Comparison to Competitors
Devon Energy Corp. | Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | Occidental Petroleum Corp. | |
---|---|---|---|---|---|
Feb 15, 2023 | |||||
Feb 16, 2022 | |||||
Feb 17, 2021 | |||||
Feb 19, 2020 | |||||
Feb 20, 2019 | |||||
Feb 21, 2018 | |||||
Feb 15, 2017 | |||||
Feb 17, 2016 | |||||
Feb 20, 2015 | |||||
Feb 28, 2014 | |||||
Feb 21, 2013 | |||||
Feb 24, 2012 | |||||
Feb 25, 2011 | |||||
Feb 25, 2010 | |||||
Feb 27, 2009 | |||||
Feb 28, 2008 | |||||
Feb 28, 2007 | |||||
Mar 3, 2006 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Oil, Gas & Consumable Fuels)
Devon Energy Corp. | Oil, Gas & Consumable Fuels | |
---|---|---|
Feb 15, 2023 | ||
Feb 16, 2022 | ||
Feb 17, 2021 | ||
Feb 19, 2020 | ||
Feb 20, 2019 | ||
Feb 21, 2018 | ||
Feb 15, 2017 | ||
Feb 17, 2016 | ||
Feb 20, 2015 | ||
Feb 28, 2014 | ||
Feb 21, 2013 | ||
Feb 24, 2012 | ||
Feb 25, 2011 | ||
Feb 25, 2010 | ||
Feb 27, 2009 | ||
Feb 28, 2008 | ||
Feb 28, 2007 | ||
Mar 3, 2006 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Energy)
Devon Energy Corp. | Energy | |
---|---|---|
Feb 15, 2023 | ||
Feb 16, 2022 | ||
Feb 17, 2021 | ||
Feb 19, 2020 | ||
Feb 20, 2019 | ||
Feb 21, 2018 | ||
Feb 15, 2017 | ||
Feb 17, 2016 | ||
Feb 20, 2015 | ||
Feb 28, 2014 | ||
Feb 21, 2013 | ||
Feb 24, 2012 | ||
Feb 25, 2011 | ||
Feb 25, 2010 | ||
Feb 27, 2009 | ||
Feb 28, 2008 | ||
Feb 28, 2007 | ||
Mar 3, 2006 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).