Devon Energy Corporation

Devon Energy Corporationverified

DVN

Price:

$47.03

Market Cap:

$29.72B

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 July 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%),

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