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Devon Energy Stock

Devon Energy ROA 2024

Devon Energy ROA

0.15

Ticker

DVN

ISIN

US25179M1036

WKN

925345

In 2024, Devon Energy's return on assets (ROA) was 0.15, a -39.08% increase from the 0.25 ROA 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.

ROA Details

Understanding Devon Energy's Return on Assets (ROA)

Devon Energy's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Devon Energy's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Devon Energy's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Devon Energy’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Devon Energy stock

What is the Return on Assets (ROA) of Devon Energy this year?

The Return on Assets (ROA) of Devon Energy is 0.15 undefined this year.

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

The ROA of Devon Energy has increased by -39.08% compared to the previous year.

What consequences do high ROA have for investors of Devon Energy?

A high ROA is advantageous for investors of Devon Energy, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Devon Energy?

A low ROA can be unfavorable for investors of Devon Energy as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Devon Energy affect the company?

An increase in ROA of Devon Energy can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Devon Energy impact the company?

A reduction in the ROA of Devon Energy can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Devon Energy?

Some factors that can influence the ROA of Devon Energy include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Devon Energy important for investors?

The ROA of Devon Energy is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Devon Energy take to improve ROA?

To improve ROA, Devon Energy can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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 3.65 %. 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 3.65 %.

When does Devon Energy pay dividends?

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

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 4.88 %.

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 9/30/2024 amounting to 0.22 USD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.

When did Devon Energy pay the last dividend?

The last dividend was paid out on 9/30/2024.

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.

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Andere Kennzahlen von Devon Energy

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.