Devon Energy Corporation (DVN)
Devon Energy Corporation (DVN) Q4 2024 Earnings Call Transcript
Devon Energy Corporation (NYSE:DVN ) Q4 2024 Earnings Conference Call February 19, 2025 11:00 AM ET Company Participants Rick Muncrief - President and CEO Clay Gaspar - COO Jeff Ritenour - CFO John Raines - SVP E&P Asset Management Tom Hellman - SVP E&P Operations Trey Lowe - SVP Technology and CTO Rosy Zuklic - VP, IR Conference Call Participants Scott Hanold - RBC Capital Markets Neal Dingmann - Truist Securities Neil Mehta - Goldman Sachs Arun Jayaram - J.P. Morgan Paul Cheng - Scotiabank Roger Read - Wells Fargo Kevin MacCurdy - Pickering Energy Partners John Freeman - Raymond James Doug Leggate - Wolfe Research Matthew Portillo - TPH John Davenport - Johnson Rice Operator Welcome to Devon Energy's Fourth Quarter 2024 Conference Call.
Devon Energy: Oversold And On Sale Or A Value Trap? (Technical Analysis)
Devon Energy: Oversold And On Sale Or A Value Trap? (Technical Analysis)
Compared to Estimates, Devon Energy (DVN) Q4 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Devon Energy (DVN) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Devon Energy (DVN) Q4 Earnings and Revenues Surpass Estimates
Devon Energy (DVN) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $1.41 per share a year ago.
Goldman Sachs Has 4 Strong Buy Dividend Energy Stocks With Up to 50% Upside Potential
Founded in 1869, Goldman Sachs is the world's second-largest investment bank by revenue, and it ranks 55th on the Fortune 500 list of the largest U.S.
Unveiling Devon Energy (DVN) Q4 Outlook: Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Devon Energy (DVN), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
Devon Energy (DVN) Advances But Underperforms Market: Key Facts
In the most recent trading session, Devon Energy (DVN) closed at $34.22, indicating a +0.74% shift from the previous trading day.
How Should You Play Devon Stock Before Q4 Earnings Release?
DVN's fourth-quarter earnings will benefit from strong production from high-margin domestic assets. Debt reduction and cost management will also act as tailwinds.
Devon Energy: Buy Weakness
Devon Energy trades near multi-year lows despite stable to rising energy prices, presenting a unique investment opportunity. The company generates substantial cash flow and returns the capital to shareholders via a strong dividend and share buybacks. Devon Energy should benefit from higher natural gas prices and the potential for meaningful contribution to results after 15 years of low prices.
3 Dividend Payers Also Showing Investors Substantial Dividend Growth
Dividend growth investing can be fruitful for income-focused investors, providing passive income that grows over time. Today, we are looking at screening criteria that include companies with at least five consecutive years of dividend growth, a minimum 20% CAGR, and a dividend payout ratio below 50%. As always, more due diligence is necessary before investing, as the screening process is a starting point for identifying potential investment opportunities.
Devon Energy (DVN) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Devon Energy (DVN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Devon Energy: Shares Washed Out And Undervalued Heading Into Earnings
Devon Energy is rated a buy due to its compelling valuation, despite a 25% decline since August 2024 and recent oil price drops. Q3 2024 results showed strong production and revenue growth, beating estimates, with significant free cash flow and shareholder returns via buybacks and dividends. Risks include a weaker global economy, lower oil prices, and potential delays in new upstream assets impacting EPS growth forecasts.
