Devon Energy Stock EBITDA

DVN Stock  USD 48.15  0.08  0.17%   
Devon Energy fundamentals help investors to digest information that contributes to Devon Energy's financial success or failures. It also enables traders to predict the movement of Devon Stock. The fundamental analysis module provides a way to measure Devon Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Devon Energy stock.
Last ReportedProjected for Next Year
EBITDA7.4 B5.1 B
As of the 26th of May 2024, EBITDA is likely to drop to about 5.1 B.
  
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Devon Energy Company EBITDA Analysis

Devon Energy's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

EBITDA

 = 

Revenue

-

Basic Expenses

More About EBITDA | All Equity Analysis

Current Devon Energy EBITDA

    
  7.38 B  
Most of Devon Energy's fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Devon Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Devon EBITDA Driver Correlations

Understanding the fundamental principles of building solid financial models for Devon Energy is extremely important. It helps to project a fair market value of Devon Stock properly, considering its historical fundamentals such as EBITDA. Since Devon Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Devon Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Devon Energy's interrelated accounts and indicators.
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Click cells to compare fundamentals

Devon EBITDA Historical Pattern

Today, most investors in Devon Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Devon Energy's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's ebitda growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Devon Energy ebitda as a starting point in their analysis.
   Devon Energy EBITDA   
       Timeline  
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Competition

Devon Ebitda

Ebitda

5.06 Billion

At this time, Devon Energy's EBITDA is very stable compared to the past year.
According to the company disclosure, Devon Energy reported earnings before interest,tax, depreciation and amortization of 7.38 B. This is 23.03% higher than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The ebitda for all United States stocks is 89.18% lower than that of the firm.

Devon EBITDA Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Devon Energy's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Devon Energy could also be used in its relative valuation, which is a method of valuing Devon Energy by comparing valuation metrics of similar companies.
Devon Energy is currently under evaluation in ebitda category among related companies.

Devon Energy ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Devon Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Devon Energy's managers, analysts, and investors.
Environmental
Governance
Social

Devon Energy Institutional Holders

Institutional Holdings refers to the ownership stake in Devon Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Devon Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Devon Energy's value.
Shares
Ubs Asset Mgmt Americas Inc2024-03-31
6.5 M
Northern Trust Corp2023-12-31
6.5 M
Pacer Advisors, Inc.2023-12-31
6.1 M
Amvescap Plc.2023-12-31
5.9 M
Smead Capital Management Inc2024-03-31
5.4 M
Bank Of New York Mellon Corp2023-12-31
4.9 M
Legal & General Group Plc2023-12-31
4.8 M
Bank Of America Corp2023-12-31
4.7 M
Ing Investment Management Llc2023-12-31
4.4 M
Vanguard Group Inc2024-03-31
76.5 M
Blackrock Inc2023-12-31
52 M

Devon Fundamentals

About Devon Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Devon Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Devon Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Devon Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether Devon Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Devon Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Devon Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Devon Energy Stock:
Check out Devon Energy Piotroski F Score and Devon Energy Altman Z Score analysis.
To learn how to invest in Devon Stock, please use our How to Invest in Devon Energy guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Devon Energy's price analysis, check to measure Devon Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Devon Energy is operating at the current time. Most of Devon Energy's value examination focuses on studying past and present price action to predict the probability of Devon Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Devon Energy's price. Additionally, you may evaluate how the addition of Devon Energy to your portfolios can decrease your overall portfolio volatility.
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Is Devon Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Devon Energy. If investors know Devon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Devon Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.39)
Dividend Share
2.42
Earnings Share
5.25
Revenue Per Share
22.691
Quarterly Revenue Growth
(0.01)
The market value of Devon Energy is measured differently than its book value, which is the value of Devon that is recorded on the company's balance sheet. Investors also form their own opinion of Devon Energy's value that differs from its market value or its book value, called intrinsic value, which is Devon Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Devon Energy's market value can be influenced by many factors that don't directly affect Devon Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Devon Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Devon Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Devon Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.