|Bid||30.38 x 2000|
|Ask||30.40 x 1400|
|Day's Range||29.78 - 30.75|
|52 Week Range||28.79 - 50.69|
|PE Ratio (TTM)||51.60|
|Dividend & Yield||0.24 (0.78%)|
|1y Target Est||N/A|
Devon's (DVN) is expected to benefit from increase in oil production and cost savings initiatives. However, a competitive industry and government regulations are headwinds.
On Wednesday, the energy special purpose entity Silver Run Acquisition Corporation II (SRUNU), announced it would merge with privately held companies Alta Mesa and Kingfisher Midstream in a $3.8 billion deal.
CEO David Hager discussed the company’s progress as it slowly transforms into a much stronger entity.