Devon Energy engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States and Canada. The company was founded in 1971 and is based in Oklahoma City, Oklahoma.
DVN Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for DVN, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Devon Energy Corp ranked in the 0th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for DVN, they are:
The compound growth rate in the free cash flow of Devon Energy Corp over the past 5.54 years is -0.94%; that's higher than only 0.64% of free cash flow generating stocks in the Energy sector.
35% of the company's capital comes from equity, which is greater than only 21.61% of stocks in our cash flow based forecasting set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Devon Energy Corp? See BRY, DRQ, EPSN, EXTN, and GLOG.