|Bid||28.08 x 1100|
|Ask||28.09 x 1100|
|Day's Range||27.58 - 28.30|
|52 Week Range||20.37 - 46.54|
|Beta (3Y Monthly)||2.20|
|PE Ratio (TTM)||4.58|
|Forward Dividend & Yield||0.36 (1.34%)|
|1y Target Est||N/A|
Devon Energy Corp NYSE:DVNView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for DVN with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding DVN are favorable, with net inflows of $9.02 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. DVN credit default swap spreads are rising towards their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
With the advent of advanced drilling technologies, oil producers are now competitive enough to produce higher volumes despite investing lower capital and employing lesser rigs.
Devon Energy's (DVN) focus on domestic U.S. assets will increase oil production. Its initiative to lower methane emissions is appreciable.
Is Devon Energy Corp (NYSE:DVN) a good bet right now? We like to analyze hedge fund sentiment before doing days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy League graduates, expert network advisers, and supply chain tipsters working or consulting for them. There is not a shortage […]
U.S. independent Devon Energy Corp. is looking to reduce its methane emissions for its U.S. oil and natural gas production operations.
The Zacks Analyst Blog Highlights: Chevron, Canadian Natural Resources, Devon Energy, TC Energy and Plains All American Pipeline
Chevron (CVX) moved closer to its goal of pulling out of UK exploration and production, while Canadian Natural Resources (CNQ) decided to solidify its position on its home turf.
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Investors pursuing a solid, dependable stock investment can often be led to Devon Energy Corporation (NYSE:DVN), a...
Although total rig count in the United States increases through the week till May 31, the tally may fall in the coming weeks owing to declining capital spending by U.S. explorers and a drop in oil prices.
Devon Energy: Fewer 'Buy' Recommendations(Continued from Prior Part)Devon Energy’s implied volatilityOn May 29, Devon Energy’s (DVN) implied volatility was 45.2%—11.2% higher than its 15-day average. On the same day, EOG Resources (EOG) and
The complementary asset base of Devon Energy will not only boost Canadian Natural Resources' (CNQ) output, but also lead to synergy benefits of C$135 million on an annualized basis.
Devon Energy (DVN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Devon Energy (DVN), which focuses more on profitable domestic oil assets, decides to sell the Canadian business for $2.8 billion.
Futures closed the trading session down 0.6% after slumping as much as 3.8% in New York. Prices further backed off lows as the industry-funded American Petroleum Institute was said to report U.S. crude stockpiles dropped 5.27 million barrels last week. The earlier decline, which put WTI in line for its worst month since December, followed a selloff in equities and suggestions in Chinese media that the nation could restrict rare-earth exports critical to the U.S. defense, energy and electronics industries.
Devon Energy says it is selling nearly all of its assets in Canada to Canadian Natural Resources for $2.8 billion. The Oklahoma City-based oil and gas company included in the S&P 500 put its Canadian assets up for sale in February in a plan to focus on growth from wells drilled in U.S. shale fields. Officials with Calgary-based Canadian Natural Resources say Devon's "high-quality" assets will provide further balance to their production profile.
It gives CNRL control over assets that had net production averaging 113,000 oil-equivalent barrels in the first quarter, the companies said Wednesday. Edwards, CNRL’s chairman and largest individual shareholder, has helped build the company into Canada’s largest energy producer. The Devon assets “fit well with Canadian Natural’s land base, and we believe that the company can look to repay leverage quickly with its free cash flow,” Canaccord Genuity analyst Dennis Fong said in a note to clients.