Devon Energy (NYSE:DVN) is set to post its quarterly earnings results after the market closes on Tuesday, February 20th. Analysts expect Devon Energy to post earnings of $0.61 per share for the quarter.
Devon Energy (NYSE DVN) opened at $35.78 on Tuesday. The firm has a market cap of $18,800.00, a PE ratio of 12.17, a P/E/G ratio of 1.68 and a beta of 2.10. Devon Energy has a 12 month low of $28.79 and a 12 month high of $47.25. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 0.87.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Thursday, March 15th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date of this dividend is Wednesday, March 14th. Devon Energy’s dividend payout ratio is presently 8.16%.
In other news, EVP Lyndon C. Taylor sold 12,798 shares of the firm’s stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $38.29, for a total transaction of $490,035.42. Following the completion of the sale, the executive vice president now owns 67,900 shares in the company, valued at approximately $2,599,891. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.51% of the stock is owned by company insiders.
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About Devon Energy
Devon Energy Corporation is an independent energy company. The Company also controls EnLink Midstream Partners, L.P. (EnLink). The Company’s segments include U.S., Canada and EnLink. The Company is engaged primarily in the exploration, development and production of oil, natural gas and natural gas liquids (NGLs).
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