Why Devon Energy Stock Slumped Nearly 13% in September
Shares of Devon Energy (NYSE: DVN) fell 12.6% in September, according to data provided by S&P Global Market Intelligence. The culprit was lower oil prices. That offset the positive effect of closing a needle-moving acquisition.
Devon Energy (DVN) Outperforms Broader Market: What You Need to Know
In the latest trading session, Devon Energy (DVN) closed at $42.42, marking a +1.51% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.9%. Elsewhere, the Dow saw an upswing of 0.
Devon Energy Corp. stock underperforms Friday when compared to competitors
Shares of Devon Energy Corp. DVN slipped 0.44% to $40.79 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.09% to 42,
1 Wall Street Analyst Thinks Devon Energy Stock Is Going to $49. Is It a Buy?
If the Truist analyst is correct, Devon is an attractive stock, especially for income-seeking investors. For example, on the second-quarter earnings call, management argued that with a price of oil of $70, its free cash flow yield ( FCF) would be around 9% in 2024, based on the stock price of around $42.80.
5 Reasons To Hold Devon Energy Stock
Devon Energy saw record oil production in Q2, strong profitability, robust balance sheet, and a potential dividend reduction, but an attractive yield. Learn more on DVN stock here.
Is Trending Stock Devon Energy Corporation (DVN) a Buy Now?
Devon Energy (DVN) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Looking Into Devon Energy's Recent Short Interest
According to Benzinga Pro, Devon Energy's peer group average for short interest as a percentage of float is 6.72%, which ...
Devon Energy Corp. stock underperforms Friday when compared to competitors despite daily gains
This was the stock's sixth consecutive day of gains.
Devon Energy added as a new short idea at Hedgeye
Deven Energy (NYSE:DVN) was added as a new short idea at Hedgeye on Monday, with the potential for 25% downside from current ...
Devon Energy acquires Grayson Mill’s US assets for $5bn
The acquired assets are expected to sustain a production level of around 100,000 barrels of oil equivalent per day (boepd) by ...
bovnews1d
Wolfe Research Issues Peer Perform Rating for Devon Energy Corp (DVN) Stock
On Wednesday, Devon Energy Corp (DVN) stock saw a modest uptick, ending the day at $40.5 which represents a slight increase of $0.74 or 1.86% from the prior close of $39.76. The stock opened at $40.5 ...
Devon Energy officially acquires Grayson Mill
Devon Energy has completed its purchase of Grayson Mill Energy, adding 307,000 acres to its Williston Basin portfolio after announcing the $5 billion transaction earlier this year.
Unveiling 16 Analyst Insights On Devon Energy
In the latest quarter, 16 analysts provided ratings for Devon Energy DVN, showcasing a mix of bullish and bearish ...
2 Magnificent Stocks to Buy That Are Near 52-Week Lows
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
Seeking Alpha11d
Devon Energy: 4% Yield, 7X P/E, $5 Billion Stock Buyback (Rating Upgrade)
Devon Energy's strategic acquisition in the Williston Basin diversifies its production footprint and is expected to drive earnings growth. The company has increased its stock buyback authorization ...
Fintel on MSN21h
Jefferies Initiates Coverage of Devon Energy (DVN) with Hold Recommendation
Fintel reports that on October 3, 2024, Jefferies initiated coverage of Devon Energy (NYSE:DVN) with a Hold recommendation.