Apr. 7 at 11:03 AM
$DVN Trailing 12-Month Free Cash Flow Margin: 18.3%. Annual revenue growth of 27.8% over the last five years was superb and indicates its market share increased during this cycle
Dominant market position is represented by its
$17.02 billion in revenue and gives it fixed cost leverage when sales grow
Strong free cash flow margin of 22.3% enables it to reinvest or return capital consistently
Devon Energy is trading at
$49.50 per share, or 9.7x forward P/E