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See what the IHS Markit Score report has to say about Devon Energy Corp.

IHS Markit

Devon Energy Corp

NYSE:DVN

Score: Positive (74)

35 days at current score.

Upgraded from Neutral on October 13th 2017

View full report here!

Summary


  • This company ranked positively compared to the Energy sector despite only 2 positive IHS Markit Categories
  • Perception of the company's creditworthiness is positive
  • ETFs holding this stock are seeing positive inflows but are weakening
  • Bearish sentiment is low
  • Economic output in this company's sector is contracting


Bearish sentiment

Short interest | Positive

Short interest is extremely low for DVN with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting DVN.

Money flow

ETF/Index ownership | Negative

ETF activity is negative and may be weakening. The net inflows of $4.85 billion over the last one-month into ETFs that hold DVN are among the lowest of the last year and appear to be slowing.

Economic sentiment

PMI by IHS Markit

There is no PMI sector data available for this security.

Credit worthiness

Credit default swap | Positive

The current level displays a positive indicator. DVN credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.

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