|Free Dividend Report|
|DVN Dividend History|
|DVN Stock Split History|
|Preferred Stock Newsletter|
|DVN Options Chain|
|DVN Message Board|
Devon Energy (DVN) has 1 split in our Devon Energy stock split history database. The split for DVN took place on November 16, 2004. This was a 2 for 1 split, meaning for each share of DVN owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as Devon Energy splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the Devon Energy stock split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Devon Energy shares, starting with a $10,000 purchase of DVN, presented on a split-history-adjusted basis factoring in the complete Devon Energy stock split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||-16.73%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||-13.63%|
|About Devon Energy|
|Devon Energy is an independent energy company engaged primarily in the exploration, development and production of oil, natural gas and natural gas liquids. Co.'s operations are concentrated in various onshore areas in United States. Co.'s areas of operation include Delaware Basin, Eagle Ford, Powder River Basin and the STACK development, located primarily in Oklahoma's Canadian, Kingfisher and Blaine counties. According to our Devon Energy stock split history records, Devon Energy has had 1 split.|
|DVN Split History Table|
|11/16/2004||2 for 1|
|Energy Stock Splits|
|DVN is categorized under the Energy sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: DVN shares outstanding history