Devon Energy Debt 2024

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.

Debt Details

Understanding Devon Energy's Debt Structure

Devon Energy's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Devon Energy's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Devon Energy’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Devon Energy’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Devon Energy stock

What is the debt of Devon Energy this year?

Devon Energy has a debt level of 5,609 USD this year.

What was the debt of Devon Energy compared to the previous year?

The debt of Devon Energy has increased by 6.98% compared to the previous year increased.

What are the consequences of high debt for investors in Devon Energy?

High debt can pose a risk for investors of Devon Energy, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Devon Energy?

Low debt means that Devon Energy has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Devon Energy affect the company?

An increase in debt of Devon Energy can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Devon Energy affect the company?

A reduction in debt of Devon Energy can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Devon Energy?

Some factors that can influence the debt of Devon Energy include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Devon Energy so important for investors?

The debts of Devon Energy are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Devon Energy take to change the debt?

To change the debt, Devon Energy can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Devon Energy pay?

Over the past 12 months, Devon Energy paid a dividend of 2.07 USD . This corresponds to a dividend yield of about 5.45 %. For the coming 12 months, Devon Energy is expected to pay a dividend of 2.76 USD.

What is the dividend yield of Devon Energy?

The current dividend yield of Devon Energy is 5.45 %.

When does Devon Energy pay dividends?

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

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 2.76 USD are expected. This corresponds to a dividend yield of 7.28 %.

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 12/30/2024 amounting to 0.22 USD, you needed to have the stock in your portfolio before the ex-date on 12/13/2024.

When did Devon Energy pay the last dividend?

The last dividend was paid out on 12/30/2024.

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.