Is DEVON ENERGY CORP/DE (DVN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 31.1% / 30% | 5.2% / 30% | 6.5% / 30% | 0.33% / 5% | ✗ NOT HALAL |
| DJIM | 31.1% / 33% | 5.2% / 33% | 6.5% / 33% | 0.33% / 5% | ✓ HALAL |
| MSCI | 27.2% / 33% | 4.5% / 33% | 5.7% / 33% | 0.33% / 5% | ✓ HALAL |
| S&P | 31.1% / 33% | 5.2% / 33% | 6.5% / 33% | 0.33% / 5% | ✓ HALAL |
| FTSE | 27.2% / 33% | 4.5% / 33% | 5.7% / 50% | 0.33% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 47.7% | |
| Operating Margin | 22.7% | |
| Net Margin | 16.5% | |
| Return on Equity (ROE) | 17.7% | |
| Return on Assets (ROA) | 7.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $6.7B |
| Free Cash Flow | $2.8B |
| Total Debt | $8.6B |
| Debt-to-Equity | 56.0 |
| Current Ratio | 1.0 |
| Total Assets | $31.6B |
Price & Trading
| Last Close | $51.35 |
| 50-Day MA | $43.73 |
| 200-Day MA | $36.81 |
| Avg Volume | 13.0M |
| Beta | 0.6 |
|
52-Week Range
$25.89
| |
About DEVON ENERGY CORP/DE (DVN)
Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. The company operates in Delaware Basin located in southeast New Mexico and west Texas, Eagle Ford located in North America, Anadarko Basin located in western Oklahoma, Williston Basin located in North Dakota, and Powder River Basin located in Wyoming. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.
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Frequently Asked Questions
Is DEVON ENERGY CORP/DE (DVN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), DEVON ENERGY CORP/DE is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is DEVON ENERGY CORP/DE's debt ratio?
DEVON ENERGY CORP/DE's debt ratio is 31.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 27.2%.
What are DEVON ENERGY CORP/DE's key financial metrics?
DEVON ENERGY CORP/DE has a market capitalization of $32.3B, trailing P/E ratio of 12.5, and revenue of $17.2B. The company maintains a gross margin of 47.7% and a net margin of 16.5%. Return on equity stands at 17.7%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.