Risk factor
Good trading liquidity
Profitability factor
Strong margins and returns
In Guru Portfolios
About
As an independent energy producer, Devon Energy Corporation primarily focuses on the exploration, development, and extraction of oil, natural gas, and natural gas liquids within the United States. The company manages roughly 5,134 gross wells. Established in 1971, its corporate headquarters are located in Oklahoma City, Oklahoma.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBI
Target Price
The average target price of DVN is 64.6 and suggests 33.2% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre