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Devon Energy (Devon Energy) Revenue per Share

: $23.80 (TTM As of Dec. 2023)
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Devon Energy's revenue per share for the three months ended in Dec. 2023 was $6.49. Devon Energy's revenue per share for the trailing twelve months (TTM) ended in Dec. 2023 was $23.80.

Warning Sign:

Devon Energy Corp revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue Per Share Growth Rate of Devon Energy was -19.00% per year. During the past 3 years, the average Revenue Per Share Growth Rate was 22.90% per year. During the past 5 years, the average Revenue Per Share Growth Rate was 11.10% per year. During the past 10 years, the average Revenue Per Share Growth Rate was -4.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate.

The historical rank and industry rank for Devon Energy's Revenue per Share or its related term are showing as below:

DVN' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -36.2   Med: 11.45   Max: 62.6
Current: 22.9

During the past 13 years, Devon Energy's highest 3-Year average Revenue Per Share Growth Rate was 62.60% per year. The lowest was -36.20% per year. And the median was 11.45% per year.

DVN's 3-Year Revenue Growth Rate is ranked better than
63.98% of 855 companies
in the Oil & Gas industry
Industry Median: 15.2 vs DVN: 22.90

Devon Energy Revenue per Share Historical Data

The historical data trend for Devon Energy's Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 15.51 [6] => 12.81 [7] => 18.36 [8] => 29.36 [9] => 23.77 )
Devon Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.51 12.81 18.36 29.36 23.77

Devon Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.61 5.91 5.41 6.00 6.49

Competitive Comparison

For the Oil & Gas E&P subindustry, Devon Energy's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Devon Energy PS Ratio Distribution

For the Oil & Gas industry and Energy sector, Devon Energy's PS Ratio distribution charts can be found below:

* The bar in red indicates where Devon Energy's PS Ratio falls into.



Devon Energy Revenue per Share Calculation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Devon Energy's Revenue Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Revenue Per Share (A: Dec. 2023 )=Revenue (A: Dec. 2023 )/Shares Outstanding (Diluted Average) (A: Dec. 2023 )
=15258/642.000
=23.77

Devon Energy's Revenue Per Share for the quarter that ended in Dec. 2023 is calculated as

Revenue Per Share (Q: Dec. 2023 )=Revenue (Q: Dec. 2023 )/Shares Outstanding (Diluted Average) (Q: Dec. 2023 )
=4145/639.000
=6.49

Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $23.80

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Devon Energy  (NYSE:DVN) Revenue per Share Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:

Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Devon Energy Revenue per Share Related Terms

Thank you for viewing the detailed overview of Devon Energy's Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Devon Energy (Devon Energy) Business Description

Address
333 West Sheridan Avenue, Oklahoma, OK, USA, 73102-5015
Devon Energy, based in Oklahoma City, is one of the largest independent exploration and production companies in North America. The firm's asset base is spread throughout onshore North America and includes exposure to the Delaware, STACK, Eagle Ford, Powder River Basin, and Bakken plays. At year-end 2022, Devon's proved reserves totaled 1.8 billion barrels of oil equivalent, and net production that year was 611 thousand boe/d, of which oil and natural gas liquids made up 73% of production, with natural gas accounting for the remainder.
Executives
Dennis C Cameron officer: EVP and General Counsel DEVON ENERGY, 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Clay M Gaspar officer: EVP and COO 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Richard E Muncrief director, officer: President and CEO 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
John E Bethancourt director 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Michael N Mears director ONE WILLIAMS CENTER, MD 28-1, TULSA OK 74172
Gennifer F. Kelly director 1702 COMMERCE WAY, BRENTWOOD TN 37027
Valerie Williams director C/O OMNICOM GROUP INC., 280 PARK AVENUE, NEW YORK NY 10017
Ann G Fox director 2001 KIRBY DRIVE, SUITE 200, HOUSTON TX 77019
Kelt Kindick director DEVON ENERGY CORP, 333 W SHERIDAN AVE, OKLAHOMA CITY OK 73102
Jeffrey L Ritenour officer: EVP & CHIEF FINANCIAL OFFICER 333 W. SHERIDAN AVENUE, OKLAHOMA CITY OK 73102
Jeremy D. Humphers officer: SVP Chief Accounting Officer 333 WEST SHERIDAN AVENUE, OKLAHOMA CITY OK 73102-5015
Tana K Cashion officer: SVP Human Resources and Admin 333 W. SHERIDAN AVENUE, OKLAHOMA CITY OK 73102
Felix Investments Holdings Ii, Llc director, 10 percent owner 1530 16TH STREET, SUITE 500, DENVER CO 80202
Encap Energy Capital Fund X, L.p. director, 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Karl F Kurz director DEVON ENERGY CORP., 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102

Devon Energy (Devon Energy) Headlines