Devon Energy Corporation (DVN): Future Outlook & ROI Potential

Humphers Jeremy D., SVP-Chief Accounting Officer, subtracted 1,500 shares of Devon Energy Corporation (DVN) from its portfolio at the rate of $21.66 per share valuing $32,490 on Sep 03. The insider left behind 42,475 shares of the company to its portfolio. Currently, the 1st Resistance Point for this stock is $21.76, with a 2nd Resistance Point sitting at $22.10. Meanwhile, this company’s stock has a 1st Support Level at $21.08 and a 2nd Support Level at $20.74. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Devon Energy Corporation (DVN) was $21.41. Devon Energy Corporation (DVN) stock has lost -$1.33, or -3.82%, in the past five days. In the last full month, these shares have gained $0.24, or 1.13%. In the past three months, this stock’s price has fallen by -$0.68, or -3.08%. This year-to-date, Devon Energy Corporation (DVN) shares have lost -$1.13, or -5.01%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Devon Energy Corporation (DVN) stock, 50% of short-term indicators suggest that these shares are a “ Hold .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Sell .”

With 384,100 K shares outstanding, this company currently has a market capitalization of $8,384,903K. Devon Energy Corporation (DVN) generates $10,734 M in annual sales, amounting to annual net income of $3,064 M. This stock has generated a 1-Year Total Return of -25.58%, a 3-Year Total Return of -54.59%, and a 5-year Total Return of -58.82%. This stock’s 5-Year Dividend Growth is -65.12%, with its most recent dividend valued at $0.090 per share on 09/12/19. Its Annual Dividend Yield is 1.65%, and its Annual Dividend Rate is 0.36.

In the most recently-reported fiscal quarter, which ended in 09/19, Devon Energy Corporation (DVN) reported earnings of $0.26 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.19 per share, representing a 0.07 difference and 36.84% surprise. In the previous quarter ending in 06/19, the reported earnings of $0.43 represented a 0.07 difference from the consensus estimate calling for $0.36 per share, which was a 19.44% surprise.

For the current fiscal quarter, which is set to end in 12/2019, the average earnings estimate is $0.24 per share. This estimate came from a total of 8 Wall Street Analysts. Of those market experts, the high estimate was $0.32 and the low estimate was $0.15. In the year-ago quarter, Devon Energy Corporation (DVN) generated per-share earnings of $0.10. If the analysts are correct about the current quarter’s earnings, the growth will be +140.00%.

Turning our focus now to insider trading activity, there have been 0 purchases (0 shares in total) and 0 sale (0 shares in total) in the last 3 months. In the last 6 months, there have been 11 insider buys amounting to 128,209 shares and 5 insider sales amounting to 50,387 shares. In the past full year, 17 insider purchases were made (involving 495,602 shares) and 28 insider sell-offs equivalent to 143,626 shares.

Moving onto liquidity, Devon Energy Corporation (DVN) has a Current Ratio of 1.99, a Quick Ratio of 1.99 and a Cash Ratio of 1.10. Looking at this company’s capital structure, its Total Debt to Total Equity is 64.74, its Total Debt to Total Capital is 39.30, and its Total Debt to Total Assets is now 30.39. Looking even further ahead into the future, its Long-Term Debt to Equity is 3.08 and its Long-Term Debt to Total Capital is 62.98.