Saturday, July 7, 2007

Devon Energy Corp.

Devon Energy Corp. is among the world’s largest Oil and Gas Exploration and Production sector businesses in the world.  Devon Energy Corp.’s employees generate $2.797B in profits on $10.551B of revenue.  Global output in the Oil and Gas Exploration and Production business will likely rise substantially over the next 10 years.  Long-term economic growth may lift all boats, but Devon Energy Corp. is determined to remain a market leader.  Sectoral leadership in the Oil and Gas Exploration and Production segment takes dedication and consistency, but management seeks out-sized growth.

Devon Energy Corp.’s ticker symbol DVN has recently been trading near $78.81 a share.  The Devon Energy Corp. corporate headquarters in Oklahoma City, OK predicts Oil and Gas Exploration and Production profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $35.056B ensures sufficient liquidity.  With a beta of 1.06, the company is more volatile than the market as a whole.  When the average equity moves higher, Devon Energy Corp. moves more aggressively.

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