Warning: Use of undefined constant referer - assumed 'referer' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 102

Warning: Use of undefined constant host - assumed 'host' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 105

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 106

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 109
Devon Energy Corporation - College Paper

Devon Energy Corporation

Devon Energy Corporation is an independent oil and gas producer that is beginning to make a name for itself in the business. Its acquisition campaign has begun within the purchases of Northstar Energy and Santa Fe Snyder and continued in 2003 with Anderson Exploration and Mitchell Energy & Development. Later on in 2003, the company acquired Ocean Energy for $3.5 billion and merged it with its Devon Newco subsidiary. As such, the company now plays in the "big league", together with such serious competitors as BP Plc, Burlington Resources and Royal Dutch/Shell Group.

| |Devon Energy |BP Plc |Burlington Resources |Royal ...

Want to read the rest of this paper?
Join Essayworld today to view this entire essay
and over 50,000 other term papers

|- |
|Total Assets |16.23B |144.1B |10.64B |- |
|ROI |16.1% |15.2% |17.5% |- |

1 As of 2002
2 As of 2002

The financial indicators presented here above calculate 2 important indicators that can give some hint about the company's status: the Net Income/Total sales indicator, commonly referred to as profit margin on sales, and return on investment (ROI). We will have a look at each of the indicators presented here above for Devon Energy and compare it to some of the other competitors in the industry.
The net income indicator is an absolute indicator that does not give us a clear picture of the company's financial situation. If we see that Devon has a net income of $1.27B, it really tells us nothing. However, if we compare it to some of the ...

Get instant access to over 50,000 essays.
Write better papers. Get better grades.

Already a member? Login

CITE THIS PAGE:

APA
MLA
Chicago
Turabian

Devon Energy Corporation. (2016, April 29). Retrieved November 20, 2024, from http://www.essayworld.com/essays/Devon-Energy-Corporation/105593

"Devon Energy Corporation." Essayworld.com. Essayworld.com, 29 Apr. 2016. Web. 20 Nov. 2024. <http://www.essayworld.com/essays/Devon-Energy-Corporation/105593>

"Devon Energy Corporation." Essayworld.com. April 29, 2016. Accessed November 20, 2024. http://www.essayworld.com/essays/Devon-Energy-Corporation/105593.

JOIN NOW

Join today and get instant access to this and 50,000+ other essays

PAPER DETAILS

Added: 4/29/2016 04:50:04 AM
Category: Business
Type: Premium Paper
Words: 857
Pages: 4

Save |

Report

SHARE THIS PAPER

SAVED ESSAYS

Save and find your favorite essays easier