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

34.00

Mkt cap

22B

Volume

8.5M

High

34.25

P/E Ratio

6.27

52-wk high

55.09

Low

33.39

Div yield

0.04

52-wk low

33.39

Wall Street analysts are optimistic about Devon Energy (DVN), which may influence investor decisions. Analyst recommendations can impact stock prices, but their significance is debated.

Portfolio Pulse from

December 10, 2024 | 3:45 pm

Devon Energy Corporation is currently trading at low multiples and increasing its production. Shale companies, including Devon, are considered oversold and may rebound when a catalyst appears. Investors should evaluate if Devon's 15%+ free cash yield aligns with their risk profile.

Portfolio Pulse from

December 04, 2024 | 10:15 pm

Devon Energy (DVN) is currently a highly searched stock on Zacks.com, indicating significant investor interest. This suggests potential volatility or upcoming news that could impact its stock price.

Portfolio Pulse from

December 03, 2024 | 3:15 pm

Devon Energy is considered undervalued with a fair value estimate of $82 per share, offering significant upside potential. The company has strong fundamentals, record-breaking production, and plans to return up to 70% of free cash flow to shareholders through dividends and buybacks.

Portfolio Pulse from

November 29, 2024 | 5:00 am

Devon Energy (DVN) is currently a trending stock, attracting significant attention from Zacks.com users. Investors are keen to understand the future prospects of DVN.

Portfolio Pulse from

November 22, 2024 | 3:15 pm

Oil prices have decreased due to an increase in inventory and economic weakness in China. Investors are advised to focus on resilient stocks such as EOG Resources (EOG), ExxonMobil (XOM), and Devon Energy (DVN) for potential stability in the sector.

Portfolio Pulse from

November 21, 2024 | 2:15 pm

The article discusses an oil stock that has decreased by nearly 30%, suggesting it as a potential buy-and-hold investment. The stock in question is likely Devon Energy Corporation (DVN).

Portfolio Pulse from

November 21, 2024 | 10:00 am

Devon Energy, a $25.5 billion oil E&P company, faces challenges due to low Permian basin natural gas prices, despite its strong operations and upcoming benefits from the Grayson Mill acquisition.

Portfolio Pulse from

November 19, 2024 | 4:15 pm

The article discusses three reasons why a high-yield stock is considered a great buy at the moment. It hints at the potential mention of Devon Energy Corporation (DVN) as the stock in question.

Portfolio Pulse from

November 17, 2024 | 11:00 am

The article highlights three high-yield energy stocks as strong buys for future dividends, including a gas energy pipeline ETF and two oil companies known for generating significant cash flow.

Portfolio Pulse from

November 17, 2024 | 12:00 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.