RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Devon Energy ROE 2024

Devon Energy ROE

0.31

Devon Energy Dividend yield

3.04 %

Ticker

DVN

ISIN

US25179M1036

WKN

925345

In 2024, Devon Energy's return on equity (ROE) was 0.31, a -41.77% increase from the 0.53 ROE in the previous year.

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.

ROE Details

Decoding Devon Energy's Return on Equity (ROE)

Devon Energy's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Devon Energy's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Devon Energy's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Devon Energy’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Devon Energy Stock

What is the ROE (Return on Equity) of Devon Energy this year?

The ROE of Devon Energy this year is 0.31 undefined.

How has the Return on Equity (ROE) of Devon Energy developed compared to the previous year?

The ROE of Devon Energy has increased by -41.77% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Devon Energy?

A high ROE indicates that Devon Energy generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Devon Energy?

A low ROE can indicate that Devon Energy is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Devon Energy affect the company?

A change in ROE (Return on Equity) of Devon Energy can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Devon Energy?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Devon Energy?

Some factors that can influence Devon Energy's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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 3.04 %. 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 3.04 %.

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 4.05 %.

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 0.35 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.

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Our stock analysis for Devon Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Devon Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.