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

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

Devon Energy's CEO predicts that U.S. West Texas Intermediate (WTI) crude oil prices will remain between $60-$80 per barrel for the foreseeable future, as stated at an energy conference in Dallas.

Portfolio Pulse from

November 13, 2024 | 10:45 pm

Devon Energy's Q3 earnings have surpassed estimates, indicating stable performance. The stock is currently trading at a discount, and with its multi-basin holdings, it is expected to move higher. However, investors are advised to wait for a better entry point.

Portfolio Pulse from

November 12, 2024 | 7:15 pm

Devon Energy Corporation (DVN) is gaining significant attention from investors, as noted by Zacks.com users. This suggests potential interest in the stock's future performance.

Portfolio Pulse from

November 11, 2024 | 3:15 pm

The article discusses two natural gas stocks that investors should consider in the current market environment. It highlights the potential of these stocks in the context of the natural gas industry.

Portfolio Pulse from

November 08, 2024 | 8:30 pm

The article discusses the potential value of investing in Devon Energy (DVN) based on positive views from Wall Street analysts. It questions the impact of analyst ratings on stock prices.

Portfolio Pulse from

November 07, 2024 | 3:45 pm

Devon Energy is optimistic about its future, driven by a recent acquisition. The company anticipates increased oil production and cash flow in the coming year, looking ahead to 2025 and beyond.

Portfolio Pulse from

November 07, 2024 | 11:30 am

Devon Energy Corporation held its Q3 2024 earnings call, discussing financial results and company performance with various analysts from major financial institutions.

Portfolio Pulse from

November 06, 2024 | 8:00 pm

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