Price to Earnings (P/E)
since 2005
Calculation
Devon Energy Corp., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net earnings (loss) applicable to common stockholders1 (in millions) | ÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 15, 2023 | 6.22 | = | 57.23 | ÷ | 9.20 | 9.20 | = | 6,015 | ÷ | 654,000,000 | |
| Feb 16, 2022 | 12.71 | = | 53.85 | ÷ | 4.24 | 4.24 | = | 2,813 | ÷ | 664,200,000 | |
| Feb 17, 2021 | — | = | 21.73 | ÷ | -3.98 | -3.98 | = | -2,680 | ÷ | 673,100,000 | |
| Feb 19, 2020 | — | = | 22.72 | ÷ | -0.93 | -0.93 | = | -355 | ÷ | 382,900,000 | |
| Feb 20, 2019 | 4.33 | = | 30.27 | ÷ | 6.99 | 6.99 | = | 3,064 | ÷ | 438,300,000 | |
| Feb 21, 2018 | 17.91 | = | 30.57 | ÷ | 1.71 | 1.71 | = | 898 | ÷ | 526,100,000 | |
| Feb 15, 2017 | — | = | 44.23 | ÷ | -6.29 | -6.29 | = | -3,302 | ÷ | 524,600,000 | |
| Feb 17, 2016 | — | = | 20.33 | ÷ | -32.75 | -32.75 | = | -14,454 | ÷ | 441,300,000 | |
| Feb 20, 2015 | 16.33 | = | 63.82 | ÷ | 3.91 | 3.91 | = | 1,607 | ÷ | 411,100,000 | |
| Feb 28, 2014 | — | = | 64.42 | ÷ | -0.05 | -0.05 | = | -20 | ÷ | 407,400,000 | |
| Feb 21, 2013 | — | = | 54.88 | ÷ | -0.51 | -0.51 | = | -206 | ÷ | 406,000,000 | |
| Feb 24, 2012 | 6.46 | = | 75.19 | ÷ | 11.64 | 11.64 | = | 4,704 | ÷ | 404,100,000 | |
| Feb 25, 2011 | 8.48 | = | 90.35 | ÷ | 10.66 | 10.66 | = | 4,550 | ÷ | 427,000,000 | |
| Feb 25, 2010 | — | = | 68.81 | ÷ | -5.55 | -5.55 | = | -2,479 | ÷ | 446,800,000 | |
| Feb 27, 2009 | — | = | 43.67 | ÷ | -4.85 | -4.85 | = | -2,153 | ÷ | 443,800,000 | |
| Feb 28, 2008 | 13.10 | = | 106.04 | ÷ | 8.09 | 8.09 | = | 3,596 | ÷ | 444,390,145 | |
| Feb 28, 2007 | 10.30 | = | 65.70 | ÷ | 6.38 | 6.38 | = | 2,836 | ÷ | 444,461,491 | |
| Mar 3, 2006 | 9.20 | = | 60.81 | ÷ | 6.61 | 6.61 | = | 2,920 | ÷ | 441,865,011 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Devon Energy Corp. Annual Report.
Comparison to Competitors
Devon Energy Corp., P/E, long-term trends, comparison to competitors
| Devon Energy Corp. | Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | Occidental Petroleum Corp. | |
|---|---|---|---|---|---|
| Feb 15, 2023 | 6.22 | 8.71 | 7.07 | 8.01 | 4.24 |
| Feb 16, 2022 | 12.71 | 16.81 | 14.66 | 14.11 | 23.89 |
| Feb 17, 2021 | — | — | — | — | — |
| Feb 19, 2020 | — | 70.06 | 8.77 | 15.64 | — |
| Feb 20, 2019 | 4.33 | 15.30 | 12.60 | 16.15 | 12.08 |
| Feb 21, 2018 | 17.91 | 22.83 | — | 16.28 | 39.87 |
| Feb 15, 2017 | — | — | — | 42.80 | — |
| Feb 17, 2016 | — | 35.02 | — | 20.96 | — |
| Feb 20, 2015 | 16.33 | 10.61 | 12.03 | 11.56 | 99.82 |
| Feb 28, 2014 | — | 10.04 | 8.91 | 12.71 | 12.93 |
| Feb 21, 2013 | — | 8.61 | 8.49 | 8.94 | 14.33 |
| Feb 24, 2012 | 6.46 | 7.96 | 7.60 | 10.03 | 12.54 |
| Feb 25, 2011 | 8.48 | 10.77 | 9.89 | 13.89 | 18.26 |
| Feb 25, 2010 | — | 13.81 | 14.78 | 15.92 | 22.01 |
| Feb 27, 2009 | — | 5.29 | — | 7.42 | 5.96 |
| Feb 28, 2008 | 13.10 | 9.89 | 10.59 | 11.78 | 11.21 |
| Feb 28, 2007 | 10.30 | 8.63 | 7.09 | 10.33 | 9.28 |
| Mar 3, 2006 | 9.20 | 9.04 | 6.31 | 10.03 | 7.06 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Oil, Gas & Consumable Fuels)
Devon Energy Corp., P/E, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Devon Energy Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Feb 15, 2023 | 6.22 | 7.69 |
| Feb 16, 2022 | 12.71 | 15.38 |
| Feb 17, 2021 | — | — |
| Feb 19, 2020 | — | 22.22 |
| Feb 20, 2019 | 4.33 | 15.03 |
| Feb 21, 2018 | 17.91 | 22.05 |
| Feb 15, 2017 | — | 207.70 |
| Feb 17, 2016 | — | 69.95 |
| Feb 20, 2015 | 16.33 | 12.22 |
| Feb 28, 2014 | — | 11.39 |
| Feb 21, 2013 | — | 9.08 |
| Feb 24, 2012 | 6.46 | 9.24 |
| Feb 25, 2011 | 8.48 | 12.59 |
| Feb 25, 2010 | — | 15.66 |
| Feb 27, 2009 | — | 9.49 |
| Feb 28, 2008 | 13.10 | 11.09 |
| Feb 28, 2007 | 10.30 | 9.23 |
| Mar 3, 2006 | 9.20 | 8.87 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Energy)
Devon Energy Corp., P/E, long-term trends, comparison to industry (energy)
| Devon Energy Corp. | Energy | |
|---|---|---|
| Feb 15, 2023 | 6.22 | 8.11 |
| Feb 16, 2022 | 12.71 | 15.92 |
| Feb 17, 2021 | — | — |
| Feb 19, 2020 | — | 42.93 |
| Feb 20, 2019 | 4.33 | 15.61 |
| Feb 21, 2018 | 17.91 | 27.13 |
| Feb 15, 2017 | — | 527.67 |
| Feb 17, 2016 | — | 64.02 |
| Feb 20, 2015 | 16.33 | 12.81 |
| Feb 28, 2014 | — | 11.89 |
| Feb 21, 2013 | — | 9.68 |
| Feb 24, 2012 | 6.46 | 9.84 |
| Feb 25, 2011 | 8.48 | 13.56 |
| Feb 25, 2010 | — | 16.28 |
| Feb 27, 2009 | — | 9.48 |
| Feb 28, 2008 | 13.10 | 11.63 |
| Feb 28, 2007 | 10.30 | 9.74 |
| Mar 3, 2006 | 9.20 | 9.58 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).