$ 34.77
Key Takeaways
Risk factor
Low default risk
Profitability factor
Very strong margins and returns
About
Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 5,134 gross wells. Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITDA, trading at n
Target Price
The average target price of DVN is 43 and suggests 23% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase
