Devon Energy Corporation (DVN) — Free Cash Flow Yield

Energy

Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. The company operates in Delaware Basin located in southeast New Mexico and west Texas, Eagle Ford located in North America, Anadarko Basin located in western Oklahoma, Williston Basin located in North Dakota, and Powder River Basin located in Wyoming. Devon Energy Corporation was founded in 1971 and is headquartered in Houston, Texas.

MetricValue
FCF Yield5.5%
Energy Sector Avg FCF Yield4.5%
Annual Free Cash Flow$2.8B
Market Cap$50.4B
P/E Ratio10.0x

Devon Energy Corporation's FCF yield of 5.5% is above the Energy sector average (4.5%).

Frequently Asked Questions

What is Devon Energy Corporation's (DVN) free cash flow yield?

Devon Energy Corporation's (DVN) free cash flow yield is 5.5%. That is above the Energy sector average (4.5%).

Is DVN's free cash flow yield good?

At 5.5%, DVN's free cash flow yield is considered fair — yields above 10% are generally excellent, 7–10% good, 4–7% fair, and below 4% weak, though context varies by sector and growth stage.

How much free cash flow does Devon Energy Corporation generate?

Devon Energy Corporation generated $2.8B in free cash flow, against a market cap of $50.4B.

How is free cash flow yield calculated?

Free cash flow yield = (Free Cash Flow ÷ Market Capitalization) × 100%. Free cash flow equals operating cash flow minus capital expenditures.

Data from public filings. Not investment advice. Calculate your own FCF yield →