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DVN (Devon Energy) EV-to-EBITDA : 4.09 (As of Oct. 31, 2024)


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What is Devon Energy EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Devon Energy's enterprise value is $30,530 Mil. Devon Energy's EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 was $7,456 Mil. Therefore, Devon Energy's EV-to-EBITDA for today is 4.09.

The historical rank and industry rank for Devon Energy's EV-to-EBITDA or its related term are showing as below:

DVN' s EV-to-EBITDA Range Over the Past 10 Years
Min: -592.78   Med: 4.73   Max: 145.61
Current: 4.09

During the past 13 years, the highest EV-to-EBITDA of Devon Energy was 145.61. The lowest was -592.78. And the median was 4.73.

DVN's EV-to-EBITDA is ranked better than
68.52% of 772 companies
in the Oil & Gas industry
Industry Median: 6.135 vs DVN: 4.09

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-10-31), Devon Energy's stock price is $38.68. Devon Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was $5.510. Therefore, Devon Energy's PE Ratio (TTM) for today is 7.02.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Devon Energy EV-to-EBITDA Historical Data

The historical data trend for Devon Energy's EV-to-EBITDA 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.

Devon Energy EV-to-EBITDA Chart

Devon Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.96 -5.66 6.24 4.39 4.58

Devon Energy Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
EV-to-EBITDA Get a 7-Day Free Trial 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 4.17 4.76 4.58 5.18 4.72

Competitive Comparison of Devon Energy's EV-to-EBITDA

For the Oil & Gas E&P subindustry, Devon Energy's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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's EV-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Devon Energy's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Devon Energy's EV-to-EBITDA falls into.



Devon Energy EV-to-EBITDA Calculation

Devon Energy's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=30530.234/7456
=4.09

Devon Energy's current Enterprise Value is $30,530 Mil.
Devon Energy's EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,456 Mil.

* 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) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Devon Energy's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=38.68/5.510
=7.02

Devon Energy's share price for today is $38.68.
Devon Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.510.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Devon Energy EV-to-EBITDA Related Terms

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


Devon Energy Business Description

Address
333 West Sheridan Avenue, Oklahoma, OK, USA, 73102-5015
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.
Executives
Tana K Cashion officer: SVP Human Resources and Admin 333 W. SHERIDAN AVENUE, OKLAHOMA CITY OK 73102
Richard E Muncrief director, officer: President and CEO 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
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
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
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