Devon Energy Corp (DVN) Files 10-K for the Fiscal Year Ended on December 31, 2017

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Devon Energy Corp (DVN) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Devon Energy Corp is engaged in the oil & 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 $16.06 billion; its shares were traded at around $30.57 with a P/E ratio of 10.19 and P/S ratio of 1.21. The dividend yield of Devon Energy Corp stocks is 0.78%.


For the last quarter Devon Energy Corp reported a revenue of $3.2 billion, compared with the revenue of $4.2 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $13.9 billion, an increase of 14.4% from last year. For the last five years Devon Energy Corp had an average revenue growth rate of 5.7% a year.

The reported diluted earnings per share was $1.7 for the year. The Devon Energy Corp had an operating margin of 7.55%, compared with the operating margin of -23.74% a year before. The 10-year historical median operating margin of Devon Energy Corp is 14.11%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Devon Energy Corp has the cash and cash equivalents of $2.7 billion, compared with $2 billion in the previous year. The long term debt was $10.3 billion, compared with $10.2 billion in the previous year. Devon Energy Corp has a financial strength rank of 5 (out of 10).

At the current stock price of $30.57, Devon Energy Corp is traded at 48.2% discount to its historical median P/S valuation band of $59.00. The P/S ratio of the stock is 1.21, while the historical median P/S ratio is 2.31. The stock lost 31.62% during the past 12 months.

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

This article first appeared on GuruFocus.