Streetbeat News

DVN

Devon Energy Corporation

https://www.devonenergy.com

Industry

Oil & Gas Exploration & Production

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 5,134 gross wells. Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.

Open

38.25

Mkt cap

24B

Volume

11M

High

38.65

P/E Ratio

8.22

52-wk high

55.09

Low

37.35

Div yield

0.04

52-wk low

30.39

The S&P 500 has risen by 22.8% over the past year, driven by megacap growth and value stocks. However, some dividend stocks have declined between 11% and 16%, presenting potential buying opportunities for investors looking to invest in undervalued companies.

Portfolio Pulse from

February 23, 2025 | 11:45 am

Devon Energy has successfully transformed its oil and gas portfolio to generate significant cash flow, returning $2 billion to investors last year. The company, following its merger with WPX Energy, is focused on free cash flow and shareholder returns, with potential for even greater returns in 2025.

Portfolio Pulse from

February 23, 2025 | 9:30 am

Devon Energy, founded in 1971 by John Nichols and his son Larry, has grown significantly since its IPO. The article explores the growth of Devon Energy's shares since its initial public offering.

Portfolio Pulse from

February 21, 2025 | 3:30 pm

Devon Energy's FY '25 outlook shows minimal production growth and limited capex guidance, with a mixed commodities price outlook suggesting a ~13% headwind impact on the stock. Despite an upgrade, the stock's technicals compared to the S&P500 show a murky outlook.

Portfolio Pulse from

February 21, 2025 | 10:45 am

Devon Energy (DVN) reported better-than-expected fourth-quarter earnings and revenues, benefiting from its multi-basin assets. The company's production has increased, contributing to its strong financial performance.

Portfolio Pulse from

February 20, 2025 | 4:45 pm

Devon Energy Corporation held its Q4 2024 earnings call on February 19, 2025. Key company participants included the President and CEO, COO, CFO, and other senior executives. The call was attended by analysts from major financial institutions.

Portfolio Pulse from

February 19, 2025 | 8:30 pm

The article discusses whether Devon Energy (DVN) is currently oversold and presents a buying opportunity or if it is a value trap. The analysis is based on technical indicators.

Portfolio Pulse from

February 19, 2025 | 1:15 pm

Devon Energy (DVN) released its Q4 earnings, providing insights into its performance compared to Wall Street estimates and year-ago values.

Portfolio Pulse from

February 19, 2025 | 1:15 am

Devon Energy (DVN) reported Q4 earnings of $1.16 per share, surpassing the Zacks Consensus Estimate of $1 per share, though down from $1.41 per share a year ago.

Portfolio Pulse from

February 18, 2025 | 11:30 pm

Devon Energy Corp. reported its fourth-quarter 2024 financial results and announced an increase in its quarterly dividend. The company also provided its outlook for 2025.

Portfolio Pulse from

February 18, 2025 | 9:30 pm

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