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Devon Energy Corp (NYSE:DVN)
Market Cap
$19,095 Mil (As of Today)

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding (end-of-period, EOP). Devon Energy Corp's share price for the quarter that ended in Mar. 2016 was $27.44. Devon Energy Corp's shares outstanding (EOP) for the quarter that ended in Mar. 2016 was 524 Mil. Therefore, Devon Energy Corp's market cap for the quarter that ended in Mar. 2016 was $14,379 Mil.

Devon Energy Corp's quarterly market cap declined from Sep. 2015 ($15,244 Mil) to Dec. 2015 ($13,376 Mil) but then increased from Dec. 2015 ($13,376 Mil) to Mar. 2016 ($14,379 Mil).

Devon Energy Corp's annual market cap declined from Dec. 2013 ($25,119 Mil) to Dec. 2014 ($25,035 Mil) and declined from Dec. 2014 ($25,035 Mil) to Dec. 2015 ($13,376 Mil).

Enterprise value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Devon Energy Corp's enterprise value for Today is $34,103 Mil.


Definition

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Devon Energy Corp's Market Cap for the fiscal year that ended in Dec. 2015 is calculated as

Market Cap (A: Dec. 2015 )=Share Price (A: Dec. 2015 )*Shares Outstanding (EOP) (A: Dec. 2015 )
=32*418.00
=13,376

Devon Energy Corp's Market Cap for the quarter that ended in Mar. 2016 is calculated as

Market Cap (Q: Mar. 2016 )=Share Price (Q: Mar. 2016 )*Shares Outstanding (EOP) (Q: Mar. 2016 )
=27.44*524.00
=14,379

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Related Terms

Shares Outstanding (EOP)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Devon Energy Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
mktcap 29,78639,49429,01132,83233,87725,02921,12825,11925,03513,376

Devon Energy Corp Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
mktcap 25,11927,30732,47527,88625,03524,78724,45015,24413,37614,379
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