|Bid||56.00 x 1000|
|Ask||57.69 x 800|
|Day's Range||53.13 - 57.10|
|52 Week Range||24.46 - 79.40|
|Beta (5Y Monthly)||2.56|
|PE Ratio (TTM)||7.18|
|Earnings Date||Oct 31, 2022 - Nov 04, 2022|
|Forward Dividend & Yield||6.20 (10.94%)|
|Ex-Dividend Date||Sep 09, 2022|
|1y Target Est||77.00|
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Many companies in the oil patch are boosting their budgets to cope with labor shortages and soaring prices of raw materials and services.
Recently, Zacks.com users have been paying close attention to Devon Energy (DVN). This makes it worthwhile to examine what the stock has in store.
Energy stocks are among the stock market's best performers this year. Year to date, the Energy Select Sector SPDR ETF is up 27% not including dividends, far outperforming the broader S&P 500 Index's 13% year-to-date decline. For investors looking for individual stocks in the energy sector, we recommend sticking with quality businesses that have sustainable dividends along with long-term growth potential.