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GuruFocus has detected 1 Warning Sign with Devon Energy Corp $DVN.
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Devon Energy Corp (NYSE:DVN)
Non-Recurring Items
$-314 Mil (TTM As of Mar. 2017)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Devon Energy Corp's non-recurring items for the three months ended in Mar. 2017 was $19 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Mar. 2017 was $-314 Mil.

As of today, Devon Energy Corp's share price is $35.82. Devon Energy Corp's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2017 was $0.62. Therefore, Devon Energy Corp's P/E (NRI) ratio for today is 57.77.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Devon Energy Corp Non-Recurring Items for the trailing twelve months (TTM) ended in Mar. 2017 was -92 (Jun. 2016 ) + -137 (Sep. 2016 ) + -104 (Dec. 2016 ) + 19 (Mar. 2017 ) = $-314 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Devon Energy Corp's P/E (NRI) Ratio for today is calculated as

Devon Energy Corp's Share Price of today is $35.82.
Devon Energy Corp's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Mar. 2017 was -3.04 (Jun. 2016 ) + 1.89 (Sep. 2016 ) + 0.7 (Dec. 2016 ) + 1.07 (Mar. 2017 ) = $0.62.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Devon Energy Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Non Operating Income 43275-6,544-103-11-35-28-165-30-362

Devon Energy Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
Non Operating Income -31-154-5132-26-92-137-10419
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