Devon Energy Corp. logo

DVN

Devon Energy Corp.

$66.61

Earnings Summary

Revenue
$5626Mn
Net Profits
$1932Mn
Net Profit Margins
34.34%
PE Ratio
8.06

Highlights

Revenue:

Devon Energy Corp.’s revenue jumped 132.77% since last year same period to $5626Mn in the Q2 2022. On a quarterly growth basis, Devon Energy Corp. has generated 47.59% jump in its revenue since last 3-months.

Net Profits:

Devon Energy Corp.’s net profit jumped 654.69% since last year same period to $1932Mn in the Q2 2022. On a quarterly growth basis, Devon Energy Corp. has generated 95.35% jump in its net profits since last 3-months.

Net Profit Margins:

Devon Energy Corp.’s net profit margin jumped 224.22% since last year same period to 34.34% in the Q2 2022. On a quarterly growth basis, Devon Energy Corp. has generated 32.36% jump in its net profit margins since last 3-months.

PE Ratio:

Devon Energy Corp.’s price-to-earnings ratio after this Q2 2022 earnings stands at 8.06.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Devon Energy Corp. post its latest quarter earnings

EPS Estimate Current Quarter
2.45
EPS Estimate Current Year
2.45

Highlights

EPS Estimate Current Quarter:

Devon Energy Corp.’s earning per share (EPS) estimates for the current quarter stand at 2.45 - a 2.94% jump from last quarter’s estimates.

EPS Estimate Current Year:

Devon Energy Corp.’s earning per share (EPS) estimates for the current year stand at 2.45.

Key Ratios

Key ratios of the Devon Energy Corp. post its Q2 2022 earnings

Earning Per Share (EPS)
2.59
Return on Assets (ROA)
0.19
Return on Equity (ROE)
0.56
Dividend Per Share (DPS)
3.6

Highlights

Earning Per Share (EPS):

Devon Energy Corp.’s earning per share (EPS) jumped 331.67% since last year same period to 2.59 in the Q2 2022. This indicates that the Devon Energy Corp. has generated 331.67% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Devon Energy Corp.’s return on assets (ROA) stands at 0.19.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Devon Energy Corp.’s return on equity (ROE) stands at 0.56.

Dividend Per Share (DPS):

Devon Energy Corp. declared 3.6 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-03
1.75
1.88
7.43%
2022-08-02
2.38
2.59
8.82%

Company Information

Devon Energy Corporation is an American energy company engaged in hydrocarbon exploration in the American market. It is organized in Delaware and its corporate operative headquarters are in the 50-story Devon Energy Center in Oklahoma City, Oklahoma.

Organisation
Devon Energy Corp.
Headquarters
Oklahoma City, Oklahoma, US
Employees
1.4K
Industry
Energy Minerals