Devon Energy Market capitalization 2024

The Devon Energy Market capitalization history

YEAR	REVENUE (undefined USD)	GROSS MARGIN (%)	NET INCOME (undefined USD)
2026e	16.13	49,12	3.59
2025e	16.06	49,31	3.67
2024e	15.4	51,44	3.39
2023	15.26	51,91	3.75
2022	19.17	55,26	5.96
2021	12.21	47,82	2.78
2020	4.83	76,74	-2.68
2019	6.22	80,76	-0.36
2018	8.9	87,04	3.06
2017	6.5	87,83	0.9
2016	10.3	82,50	-1.06
2015	13.15	81,45	-12.9
2014	19.57	86,24	1.59
2013	10.4	75,54	-0.02
2012	9.5	75,81	-0.21
2011	11.45	81,66	4.68
2010	9.94	83,01	4.52
2009	8.02	79,16	-2.45
2008	13.86	86,64	-2.12
2007	9.98	84,64	3.6
2006	9.77	85,41	2.84
2005	10.03	87,59	2.92
2004	9.09	86,14	2.19

Devon Energy Aktienanalyse

What does Devon Energy do?

Devon Energy Corp is an American company based in Oklahoma City, Oklahoma. It was founded in 1971 by J. Larry Nichols and John Nichols. The original business idea was the exploration and production of oil and gas. In later years, Devon Energy's business model expanded to include the entire range of the oil and gas industry. The company produces and markets oil, natural gas, NGL (Natural Gas Liquids), and electric power. In recent years, the company has specialized in the exploration and production of shale gas and shale oil, which now makes up a majority of the company. Devon Energy Corp is divided into various divisions, including exploration and production in the USA and Canada, processing and marketing of NGLs, and electricity production. The company is able to offer everything from exploration and development of new resources to processing and marketing in the USA and Canada. The main products of Devon Energy Corp are oil, natural gas, and NGLs. The company is one of the largest producers of natural gas in the USA and one of the top 20 companies in oil production in North America. It has reserves of more than 3 billion barrels of oil equivalent (BOE). The company places a strong emphasis on sustainability and environmental consciousness. For example, in the production of shale gas and shale oil, state-of-the-art technologies are used to minimize the impact on the environment. In recent years, Devon Energy Corp has responded to changes in the energy market and begun investing in renewable energy. For example, the company acquired a solar power plant in California and is currently planning new wind projects. Devon Energy Corp has a rich history. In 1997, it acquired Mitchell Energy, a company specializing in oil and gas exploration and production, thus becoming a leader in shale gas production. The sale of assets and business areas in recent years has allowed the company to focus on its core competencies and emerge stronger from the crisis. Overall, Devon Energy Corp is a modern, innovative company that offers its customers a wide range of products and services. Its commitment to sustainability and investment in renewable energy demonstrate that the company is willing to face current challenges and establish itself in the long term. Devon Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Devon Energy's Market Capitalization

Devon Energy's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Devon Energy's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Devon Energy's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Devon Energy’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Devon Energy Stock

What is the current Devon Energy market capitalization?

The current market capitalization of Devon Energy is 31.33 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Devon Energy.

How has the market capitalization of Devon Energy developed in recent years?

The market capitalization of Devon Energy has increased/decreased by -1.32% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Devon Energy?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Devon Energy?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Devon Energy have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Devon Energy pay?

Over the past 12 months, Devon Energy paid a dividend of 1.49 USD . This corresponds to a dividend yield of about 3.05 %. For the coming 12 months, Devon Energy is expected to pay a dividend of 1.99 USD.

What is the dividend yield of Devon Energy?

The current dividend yield of Devon Energy is 3.05 %.

When does Devon Energy pay dividends?

Devon Energy pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of Devon Energy?

Devon Energy paid dividends every year for the past 23 years.

What is the dividend of Devon Energy?

For the upcoming 12 months, dividends amounting to 1.99 USD are expected. This corresponds to a dividend yield of 4.08 %.

In which sector is Devon Energy located?

Devon Energy is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Devon Energy kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Devon Energy from 6/28/2024 amounting to 0.13 USD, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did Devon Energy pay the last dividend?

The last dividend was paid out on 6/28/2024.

What was the dividend of Devon Energy in the year 2023?

In the year 2023, Devon Energy distributed 3.82 USD as dividends.

In which currency does Devon Energy pay out the dividend?

The dividends of Devon Energy are distributed in USD.