Is Devon Energy Corporation stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Devon Energy Corporation pays dividends. Last time was Monday 30th of December 2024 where the investors holding the stock on Friday 13th of December 2024 were paid $0.22 per share. Over the last 128 times between 1993 and 2024, Devon Energy Corporation has paid $23.13 with an average of $0.18 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Devon Energy Corporation 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $22.77, you would have made a profit of $15.53 per share or 68.20%
Yes, the average daily trading liquidity for Devon Energy Corporation is $7.97 million. You should therefore be able to get in and out of your positions relatively fast.
Devon Energy Corporation has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 0.57, the company's ability to pay off the debt is good. Devon Energy Corporation has a very good net profit margin of 22.49% and should have very high tolerances against inflation.
We have calculated the inflation risk for Devon Energy Corporation to be low [0.3 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.