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
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA,
Target Price
The average target price of DVN is 63.8 and suggests 23.6% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre