Devon Energy Corp (DVN) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Feb 20, 2020
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Devon Energy Corp (DVN, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Devon Energy Corp is engaged in the oil and gas sector. It is an independent energy company involved in the exploration, development and production of oil, natural gas and NGLs. Devon Energy Corp has a market cap of $8.68 billion; its shares were traded at around $22.72 with and P/S ratio of 1.34. The dividend yield of Devon Energy Corp stocks is 1.54%. GuruFocus has detected 2 severe warning signs with Devon Energy Corp. .

For the last quarter Devon Energy Corp reported a revenue of $1.6 billion, compared with the revenue of $4.8 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $6.2 billion, a decrease of 42.1% from the previous year. For the complete 30-year financial data, please go here.. For the last five years Devon Energy Corp had an average revenue decline of 16.9% a year.

The reported loss per diluted share was 89 cents for the year, compared with the earnings per share of $1.7 in the previous year. The Devon Energy Corp had an operating margin of 2.91%, compared with the operating margin of 14.92% a year before. The 10-year historical median operating margin of Devon Energy Corp is 18.82%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Devon Energy Corp has the cash and cash equivalents of $1.5 billion, compared with $2.4 billion in the previous year. The long term debt was $4.5 billion, compared with $5.8 billion in the previous year. The company's operating income of cannot cover its interest payment during the last fiscal year. Devon Energy Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $22.72, Devon Energy Corp is traded at 38.7% discount to its historical median P/S valuation band of $37.05. The P/S ratio of the stock is 1.34, while the historical median P/S ratio is 2.18. The stock lost 18.51% during the past 12 months.

For the complete 20-year historical financial data of DVN, click here.