Devon Energy Future Growth
Future criteria checks 1/6
Devon Energy's earnings are forecast to decline at 0.2% per annum while its annual revenue is expected to grow at 10.5% per year. EPS is expected to grow by 1.5% per annum. Return on equity is forecast to be 18.9% in 3 years.
Key information
-0.2%
Earnings growth rate
1.5%
EPS growth rate
| Oil and Gas earnings growth | 6.3% |
| Revenue growth rate | 10.5% |
| Future return on equity | 18.9% |
| Analyst coverage | Good |
| Last updated | 20 Sep 2024 |
Recent future growth updates
Recent updates
Devon Energy: 4% Yield, 7X P/E, $5 Billion Stock Buyback (Rating Upgrade)
Sep 23The Market Doesn't Like What It Sees From Devon Energy Corporation's (NYSE:DVN) Earnings Yet
Sep 17
Devon Energy Is An Impressive Portfolio Cornerstone
Sep 168% Return Yield At Potential $80 - Why I Believe Devon Energy Is A Steal
Aug 12Devon Energy Looks Interesting Heading Into Earnings
Aug 04Devon Energy (NYSE:DVN) Seems To Use Debt Quite Sensibly
Jul 28Devon Energy: Averaging Down The Earnings With The Grayson Mill Acquisition
Jul 11Devon Energy: Plenty Of Reasons To Remain Bullish
Jul 03Devon's Undervaluation Remains A Boon As Management Executes Brilliantly - Reiterate Buy
Jun 17The Market Doesn't Like What It Sees From Devon Energy Corporation's (NYSE:DVN) Earnings Yet
Jun 07Estimating The Intrinsic Value Of Devon Energy Corporation (NYSE:DVN)
May 23Devon Energy Believes It Offers 'Incredible Value' - I Agree
May 15Some Analysts Just Cut Their Devon Energy Corporation (NYSE:DVN) Estimates
May 03Devon Energy: The Turnaround Is Just Getting Started
Apr 12Devon Energy: Likely Fairly Valued (Rating Downgrade)
Apr 04Devon Energy: Cash Cow Investors Should Look At This
Mar 25Value Vs. Growth: Why Devon Energy Is The Smarter Investment
Mar 08Devon Energy Changes The Playbook For The Better
Mar 01Devon Energy: Accumulating The Dip
Feb 04These 4 Measures Indicate That Devon Energy (NYSE:DVN) Is Using Debt Extensively
Feb 01Devon Energy Vs. Diamondback Energy: A Battle Of The Permian
Jan 22Calculating The Fair Value Of Devon Energy Corporation (NYSE:DVN)
Jan 14Devon Energy: A Strong E&P Play With Attractive Capital Returns
Jan 06Devon Energy: Shares Fall To Key Support As Oil Bounces Into Mid-$70s
Dec 25Devon Energy: Learn To Love The Variable Dividend
Dec 18After Years Of Strong Upside, Devon Energy Deserves More
Nov 24Devon Energy: Why You Shouldn't Catch This Falling Knife Again (Rating Downgrade)
Nov 17Devon Energy: Love Is In The Air
Oct 18Here's Why Devon Energy (NYSE:DVN) Can Manage Its Debt Responsibly
Oct 18Devon Energy: The Bullish Thesis Could Be Broken - Here's Why I Turned Cautious (Rating Downgrade)
Oct 06Calculating The Intrinsic Value Of Devon Energy Corporation (NYSE:DVN)
Sep 29Devon Energy's (NYSE:DVN) Dividend Will Be Reduced To $0.49
Sep 08Devon Energy: The Path To A 10% Yield And 100% Total Return
Sep 05Devon Energy (NYSE:DVN) Has Announced That Its Dividend Will Be Reduced To $0.49
Aug 25How Devon Energy Positioned Itself For Growth
Aug 17Devon Energy (NYSE:DVN) Has Announced That Its Dividend Will Be Reduced To $0.49
Aug 08Devon Energy Q2: Market Capitulation Presents The Doubling Down Opportunity
Aug 03Does Devon Energy (NYSE:DVN) Deserve A Spot On Your Watchlist?
Jul 30Devon Energy: I Expect A Brief Buying Opportunity Post Earnings
Jul 27Peak Shale: Why I Believe That Devon Energy Could Double
Jul 14We Think Devon Energy (NYSE:DVN) Can Stay On Top Of Its Debt
Jul 12Devon Energy: A Definite Buy Below Management Share Repurchase Prices
Jun 11Estimating The Intrinsic Value Of Devon Energy Corporation (NYSE:DVN)
Jun 01Devon Energy's Weakness Makes It A Valuable Investment
May 28Devon Energy's (NYSE:DVN) Dividend Is Being Reduced To $0.72
May 17Devon Energy Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 10We Think Devon Energy (NYSE:DVN) Can Stay On Top Of Its Debt
Mar 31Devon Energy: Time To Add Exposure On Weakness
Feb 22If EPS Growth Is Important To You, Devon Energy (NYSE:DVN) Presents An Opportunity
Feb 21Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 18,870 | 3,757 | 3,655 | 7,788 | 2 |
| 12/31/2025 | 17,608 | 3,779 | 3,379 | 7,593 | 5 |
| 12/31/2024 | 15,579 | 3,148 | 3,273 | 7,003 | 5 |
| 6/30/2024 | 14,750 | 3,513 | 2,978 | 6,735 | N/A |
| 3/31/2024 | 14,409 | 3,356 | 2,781 | 6,605 | N/A |
| 12/31/2023 | 14,427 | 3,747 | 2,597 | 6,544 | N/A |
| 9/30/2023 | 14,930 | 3,778 | 2,870 | 6,718 | N/A |
| 6/30/2023 | 16,275 | 4,744 | 1,061 | 7,097 | N/A |
| 3/31/2023 | 18,289 | 5,972 | 2,758 | 8,370 | N/A |
| 12/31/2022 | 18,873 | 5,958 | 3,405 | 8,530 | N/A |
| 9/30/2022 | 18,785 | 6,251 | 3,416 | 8,235 | N/A |
| 6/30/2022 | 17,402 | 5,207 | 5,519 | 7,729 | N/A |
| 3/31/2022 | 14,802 | 3,545 | 4,098 | 6,144 | N/A |
| 12/31/2021 | 13,750 | 2,783 | 2,892 | 4,899 | N/A |
| 9/30/2021 | 10,413 | 1,218 | 1,948 | 3,660 | N/A |
| 6/30/2021 | 7,766 | 279 | 1,102 | 2,534 | N/A |
| 3/31/2021 | 5,535 | -653 | 317 | 1,548 | N/A |
| 12/31/2020 | 4,673 | -2,556 | 193 | 1,354 | N/A |
| 9/30/2020 | 4,789 | -2,469 | 195 | 1,547 | N/A |
| 6/30/2020 | 5,196 | -2,226 | -102 | 1,577 | N/A |
| 3/31/2020 | 6,085 | -1,398 | 223 | 2,093 | N/A |
| 12/31/2019 | 6,674 | -83 | 130 | 2,071 | N/A |
| 9/30/2019 | 7,679 | 1,163 | 30 | 2,043 | N/A |
| 6/30/2019 | 8,194 | 1,157 | 345 | 2,394 | N/A |
| 3/31/2019 | 8,450 | 421 | 173 | 2,276 | N/A |
| 12/31/2018 | 8,439 | 546 | 533 | 2,704 | N/A |
| 9/30/2018 | 8,084 | -786 | 522 | 2,887 | N/A |
| 6/30/2018 | 7,895 | -743 | 464 | 2,735 | N/A |
| 3/31/2018 | 8,161 | 27 | N/A | 2,967 | N/A |
| 12/31/2017 | 6,340 | -148 | N/A | 2,909 | N/A |
| 9/30/2017 | 9,097 | 3,223 | N/A | 2,447 | N/A |
| 6/30/2017 | 9,974 | 4,032 | N/A | 2,473 | N/A |
| 3/31/2017 | 10,442 | 2,289 | N/A | 2,081 | N/A |
| 12/31/2016 | 6,604 | -174 | N/A | 1,500 | N/A |
| 9/30/2016 | 10,187 | -8,168 | N/A | 2,308 | N/A |
| 6/30/2016 | 10,562 | -12,658 | N/A | 3,134 | N/A |
| 3/31/2016 | 11,586 | -13,915 | N/A | 3,890 | N/A |
| 12/31/2015 | 12,938 | -12,901 | N/A | 4,898 | N/A |
| 9/30/2015 | 13,708 | -10,330 | N/A | 5,265 | N/A |
| 6/30/2015 | 15,157 | -5,816 | N/A | 5,271 | N/A |
| 3/31/2015 | 16,450 | -2,332 | N/A | 6,219 | N/A |
| 12/31/2014 | 17,217 | 1,590 | N/A | 6,021 | N/A |
| 9/30/2014 | 16,262 | 2,202 | N/A | 6,455 | N/A |
| 6/30/2014 | 14,529 | 1,621 | N/A | 6,497 | N/A |
| 3/31/2014 | 12,342 | 1,635 | N/A | 5,844 | N/A |
| 12/31/2013 | 10,588 | -22 | N/A | 5,436 | N/A |
| 9/30/2013 | 10,434 | -587 | N/A | 5,142 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DVN's earnings are forecast to decline over the next 3 years (-0.2% per year).
Earnings vs Market: DVN's earnings are forecast to decline over the next 3 years (-0.2% per year).
High Growth Earnings: DVN's earnings are forecast to decline over the next 3 years.
Revenue vs Market: DVN's revenue (10.5% per year) is forecast to grow faster than the US market (8.7% per year).
High Growth Revenue: DVN's revenue (10.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DVN's Return on Equity is forecast to be low in 3 years time (18.9%).