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

Bryn Talkington announced on CNBC that she has bought more shares of Devon Energy.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 4:22 pm

The CNBC Halftime Report highlighted final trades including The Goldman Sachs Group, Apollo Global Management, and Devon Energy.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 5:00 pm

Shares of several oil and gas companies are trading higher due to a rise in crude prices, driven by potential demand and growing tension in the Middle East.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 4:51 pm

Devon Energy (NYSE:DVN) has been analyzed by 21 analysts over the past three months, showing a range of perspectives from bullish to bearish. The average 12-month price target has increased to $60.86 from $57.26. Analysts have recently adjusted their ratings and price targets, reflecting their evolving views on the company's performance. Devon Energy's financial health indicators show strong profitability and effective cost management, despite recent revenue challenges.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 7:01 pm

B of A Securities has reinstated a Buy rating on Devon Energy (NYSE:DVN) with a price target of $64, as announced by analyst Noah Hungness.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 3:56 pm

Devon Energy has appointed John Bethancourt as the new Independent Board Chair. This leadership change is expected to influence the company's strategic direction and governance.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 1:54 pm

Recent options trading activity around Devon Energy (NYSE: DVN) shows a predominantly bearish sentiment among large investors, with 66% of trades being bearish. The trades indicate a targeted price range of $47.5 to $60.0. Devon Energy's stock is currently down 1.77% at $46.24, with analysts providing mixed ratings and an average target price of $59.67.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 3:31 pm

Shares of several oil & gas companies are trading lower following an OPEC+ meeting in which members announced they would start phasing out voluntary production cuts in October.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 6:08 pm

Deep-pocketed investors are showing significant interest in Devon Energy (NYSE:DVN) options, with a notable increase in both call and put activities. The sentiment is slightly bullish, with 54% of the trades being calls. Analysts have maintained positive ratings with target prices ranging from $57 to $67.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 7:16 pm

Shares of oil and gas companies are trading lower amid a drop in the price of crude.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 4:00 pm

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