By Mill Chart
Last update: Nov 13, 2023
Our stock screener has spotted DEVON ENERGY CORP (NYSE:DVN) as a good dividend stock with solid fundamentals. NYSE:DVN shows decent health and profitability. At the same time it gives a good and sustainable dividend. We'll dive into each aspect below.
ChartMill employs its own Dividend Rating system for all stocks. This score, on a scale of 0 to 10, is determined by evaluating different dividend factors, such as yield, historical performance, dividend growth, and sustainability. NYSE:DVN has been assigned a 7 for dividend:
To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, both in absolute terms and in comparison to industry peers. NYSE:DVN has earned a 5 out of 10:
ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:DVN has earned a 6 out of 10:
More Best Dividend stocks can be found in our Best Dividend screener.
Check the latest full fundamental report of DVN for a complete fundamental analysis.
This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.
DEVON ENERGY CORP
NYSE:DVN (4/24/2024, 7:04:00 PM)
After market: 52.05 -0.05 (-0.1%)52.1
-0.47 (-0.89%)
Wall Street continues to warm to the stock as the price of oil stays above $80 a barrel.
Wall Street continues to warm to the stock as the price of oil stays above $80 a barrel.
Strong industry dynamics have an analyst bullish on Devon Energy's prospects.
Strong industry dynamics have an analyst bullish on Devon Energy's prospects.
The energy sector continues to be an excellent opportunity for income and value-orientated investors.
The energy sector continues to be an excellent opportunity for income and value-orientated investors.
The company's ultimate dividend level will be determined by the price of oil and management's capital allocation policy.
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