DVN
Devon Energy Corp
Price:  
48.15 
USD
Volume:  
4,039,093.00
United States | Oil, Gas & Consumable Fuels
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DVN WACC - Weighted Average Cost of Capital

The WACC of Devon Energy Corp (DVN) is 7.5%.

The Cost of Equity of Devon Energy Corp (DVN) is 8.10%.
The Cost of Debt of Devon Energy Corp (DVN) is 5.50%.

Range Selected
Cost of equity 6.70% - 9.50% 8.10%
Tax rate 18.00% - 19.90% 18.95%
Cost of debt 4.60% - 6.40% 5.50%
WACC 6.2% - 8.7% 7.5%
WACC

DVN WACC calculation

Category Low High
Long-term bond rate 3.9% 4.4%
Equity market risk premium 4.6% 5.6%
Adjusted beta 0.62 0.83
Additional risk adjustments 0.0% 0.5%
Cost of equity 6.70% 9.50%
Tax rate 18.00% 19.90%
Debt/Equity ratio 0.21 0.21
Cost of debt 4.60% 6.40%
After-tax WACC 6.2% 8.7%
Selected WACC 7.5%