Analysts expect over 2019 decreasing revenue Devon Energy

Tomorrow Devon Energy will publish its past quarters results. For this year Devon Energy's revenue will be around 10,4 billion USD. This is according to the average of the analysts' estimates. This is slightly lower than 2017's revenue of 10,73 billion USD.

Historical revenues and results Devon Energy plus estimates 2018

The analysts expect for 2018 a net profit of 718 million USD. For this year the majority of the analysts, consulted by press agency Thomson Reuters, expects a profit per share of 1,8 USD. The price-earnings-ratio equals 18,63.

Per share the analysts anticipate on a dividend of 0,34 cents per share. Devon Energy's dividend yield thus equals 1,01 percent. The average dividend yield of the oil & gas producers is a relatively high 2 percent.

Based on the current number of shares Devon Energy's market capitalization equals 17,61 billion USD. The Devon Energy stock was the past 12 months quite unstable. Since last April the stock is 5 percent lower. This year the stock price moved between 20 and 47 dollar. Since 2008 the stock price is almost 36 percent lower.

Historical stock prices Devon Energy period 2007-2018

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