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Devon Energy (DVN)

Devon Energy Corporation is an American energy company engaged in hydrocarbon exploration in the American market. It is organized in Delaware and its corporate operative headquarters are in the 50-story Devon Energy Center in Oklahoma City, Oklahoma.

Company profile

Ticker
DVN
Exchange
CEO
David Hager
Employees
Incorporated
Location
Fiscal year end
Former names
DEVON DELAWARE CORP, DEVON ENERGY CORP
SEC CIK
Subsidiaries
Devon OEI Holdings, L.L.C. • Devon OEI Operating, L.L.C. • Devon Energy Production Company, L.P. • Devon Financing Company, L.L.C. • Devon Gas Co., L.L.C. • WPX Energy, Inc. • WPX Energy • Devon Energy International, L.L.C. • Devon Gas Services, L.P. • Devon Headquarters, L.L.C. ...
IRS number
731567067

DVN stock data

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

3 May 22
26 Jun 22
31 Dec 22
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
14 Jun 22 Williams Valerie Common Stock Sell Dispose S No No 69.67 7,000 487.69K 29,649
13 Jun 22 Fox Ann G Common Stock Sell Dispose S No No 70.27 2,150 151.08K 26,858
8 Jun 22 Baumann Barbara M Common Stock Grant Acquire A No No 0 2,952 0 76,054
8 Jun 22 Bethancourt John E Common Stock Grant Acquire A No No 0 2,952 0 94,504
8 Jun 22 Fox Ann G Common Stock Grant Acquire A No No 0 2,952 0 29,008
81.8% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 1065 904 +17.8%
Opened positions 250 204 +22.5%
Closed positions 89 95 -6.3%
Increased positions 352 294 +19.7%
Reduced positions 354 287 +23.3%
13F shares Current Prev Q Change
Total value 31.92B 24.98B +27.8%
Total shares 539.81M 566.83M -4.8%
Total puts 13.61M 15.58M -12.7%
Total calls 16.98M 22.3M -23.9%
Total put/call ratio 0.8 0.7 +14.7%
Largest owners Shares Value Change
Vanguard 75.34M $4.45B +0.7%
BLK Blackrock 54.98M $3.25B +0.4%
STT State Street 41.89M $2.48B +0.0%
FMR 20.94M $1.24B +16.0%
TROW T. Rowe Price 17.51M $1.04B +18.2%
GQG Partners 15.03M $888.58M +3.6%
IVZ Invesco 13.62M $805.49M -28.7%
Geode Capital Management 12.94M $763.55M +1.1%
BAC Bank Of America 10.27M $607.46M -3.3%
BK Bank Of New York Mellon 9.83M $581.13M -23.5%
Largest transactions Shares Bought/sold Change
EnCap Energy Capital Fund X 9.06M -16.11M -64.0%
Allianz Asset Management GmbH 6.22M +5.72M +1128.2%
IVZ Invesco 13.62M -5.49M -28.7%
Fuller & Thaler Asset Management 5.75M -3.2M -35.8%
EnCap Energy Capital Fund IX 1.74M -3.07M -63.8%
1832 Asset Management 2.32M -3.02M -56.5%
BK Bank Of New York Mellon 9.83M -3.02M -23.5%
FMR 20.94M +2.89M +16.0%
Cooperman Leon G 0 -2.72M EXIT
TROW T. Rowe Price 17.51M +2.69M +18.2%

Financial report summary

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Risks
  • Volatile Oil, Gas and NGL Prices Significantly Impact Our Business
  • Our Business Has Been Adversely Impacted by the COVID-19 Pandemic, and We May Experience Continuing or Worsening Adverse Effects From This or Other Pandemics
  • Estimates of Oil, Gas and NGL Reserves Are Uncertain and May Be Subject to Revision
  • Discoveries or Acquisitions of Reserves Are Needed to Avoid a Material Decline in Reserves and Production, and Such Activities Are Capital Intensive
  • We Are Subject to Extensive Governmental Regulation, Which Can Change and Could Adversely Impact Our Business
  • Climate Change and Related Regulatory, Social and Market Actions May Adversely Affect Our Business
  • Our Operations Are Uncertain and Involve Substantial Costs and Risks
  • Our Hedging Activities Limit Participation in Commodity Price Increases and Involve Other Risks
  • The Credit Risk of Our Counterparties Could Adversely Affect Us
  • Our Debt May Limit Our Liquidity and Financial Flexibility, and Any Downgrade of Our Credit Rating Could Adversely Impact Us
  • Cyber Attacks May Adversely Impact Our Operations
  • We Have Limited Control Over Properties Operated by Others or through Joint Ventures
  • Midstream Capacity Constraints and Interruptions Impact Commodity Sales
  • Insurance Does Not Cover All Risks
  • Competition for Assets, Materials, People and Capital Can Be Significant
  • Our Business Could Be Adversely Impacted by Investors Attempting to Effect Change
  • Our Ability to Declare and Pay Dividends and Repurchase Shares Is Subject to Certain Considerations
Management Discussion
  • Our 2021 net earnings were $2.8 billion, compared to a net loss of $2.5 billion for 2020. The graph below shows the change in net earnings (loss) from 2020 to 2021. The material changes are further discussed by category on the following pages.

Content analysis

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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
7th grade Avg
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