Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two thirds of its production comes from the Permian Basin, it also holds a meaningful presence in the Anadarko, Eagle Ford, and Bakken basins. At the end of 2023, Devon reported net proved reserves of 1.8 billion barrels of oil equivalent. Net production averaged roughly 658,000 barrels of oil equivalent per day in 2023 at a ratio of 73% oil and natural gas liquids and 27% natural gas.

Financial Strength

5/10

Name	Current	Vs Industry
Cash-To-Debt	0.18
Equity-to-Asset	0.5
Debt-to-Equity	0.51
Debt-to-EBITDA	0.87
Interest Coverage	13.19
Piotroski F-Score	6/9	0 1 2 3 4 5 6 7 8 9
Altman Z-Score	2.88	Distress Grey Safe
Beneish M-Score	-2.94	Manipulator Not Manipulator
WACC vs ROIC		WACC ROIC

Growth Rank

8/10

	Name	Current	Vs Industry		Vs History
	3-Year Revenue Growth Rate	22.9
	3-Year FCF Growth Rate	99.2
	3-Year Book Growth Rate	35.9
	Future 3-5Y EPS without NRI Growth Rate Estimate	-11.64
	Future 3-5Y Total Revenue Growth Rate Estimate	5.24

Momentum Rank

	Name	Current	Vs Industry		Vs History
	5-Day RSI	0.01
	9-Day RSI	0.41
	14-Day RSI	1.69
	6-1 Month Momentum %	-27.93

Liquidity Ratio

	Name	Current	Vs Industry		Vs History
	Current Ratio	1.11
	Quick Ratio	1.03
	Cash Ratio	0.39
	Days Inventory	8.3
	Days Sales Outstanding	38.65
	Days Payable	28.58

Dividend & Buy Back

	Name	Current	Vs Industry		Vs History
	Dividend Yield %	10.25
	Dividend Payout Ratio	0.25
	3-Year Dividend Growth Rate	89.8
	Forward Dividend Yield %	10.25
	5-Year Yield-on-Cost %	203.56
	3-Year Average Share Buyback Ratio	-18.5
	Shareholder Yield %	8.78

Profitability Rank

6/10

	Name	Current	Vs Industry		Vs History
	Gross Margin %	33.26
	Operating Margin %	30.22
	Net Margin %	22.6
	FCF Margin %	19.22
	ROE %	29.46
	ROA %	14.33
	ROIC %	17.35
	3-Year ROIIC %	27.3
	ROC (Joel Greenblatt) %	23.84
	ROCE %	21.8
	Years of Profitability over Past 10-Year	6

GF Value Rank

8/10

	Name	Current	Vs Industry		Vs History
	PE Ratio	7.11
	Forward PE Ratio	3.72
	PE Ratio without NRI	4.76
	Price-to-Owner-Earnings	6.44
	PS Ratio	1.6
	PB Ratio	1.96
	Price-to-Tangible-Book	2.08
	Price-to-Free-Cash-Flow	8.35
	Price-to-Operating-Cash-Flow	3.69
	EV-to-EBIT	6.66
	EV-to-Forward-EBIT	6.08
	EV-to-EBITDA	4.17
	EV-to-Forward-EBITDA	3.93
	EV-to-Revenue	2
	EV-to-Forward-Revenue	2.59
	EV-to-FCF	10.43
	Price-to-Projected-FCF	0.78
	Price-to-Median-PS-Value	0.91
	Price-to-Graham-Number	0.66
	Earnings Yield (Greenblatt) %	15.02
	FCF Yield %	11.56
	Forward Rate of Return (Yacktman) %	-27.7

GF Value: лв46.47

XBUL:DY6

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