September often carries a reputation for market volatility and potential downturns, usually called the “September Effect.” This perception is rooted in historical observations, but savvy investors should avoid letting perceived trends dictate their investment decisions.
Devon Energy is set to significantly increase its dividend in the coming years. Diamondback Energy's investment in the Permian Basin is attracting investor attention.
Devon is set to significantly increase oil and gas production in the coming years, not least through an acquisition integration. The stock's cash-flow yield is already very high, and there's plenty of potential to increase the dividend.
Devon Energy is an upstream energy company committed to returning free cash flow to investors. UPS has given investors every reason to lose faith, but there are reasons to hope for a turnaround.
Devon Energy generates lots of cash at $75 oil. The company trades at a dirt cheap price and will be even cheaper after closing its accretive Grayson Mill Energy deal.
Despite a dip in prices, DVN, with its multi-basin portfolio and diverse commodity mix, is a prominent performer in the oil and gas space.
Zacks.com users have recently been watching Devon Energy (DVN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
As the market appears to be entering a new regime with potential rate cuts on the horizon, investors might find it advantageous to look into undervalued stocks with bullish ratings from analysts. With capital flows and liquidity expected to rise, these stocks could benefit and offer promising opportunities.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Improving well productivity is helping improve Devon Energy's prospects. An impending acquisition will boost earnings and cash flow and support a dividend increase.
Devon Energy is an upstream energy producer. Devon is expanding its footprint and producing record volumes of oil and natural gas.
Devon Energy has a hefty 4.4% dividend yield. Devon Energy's dividend payment isn't stable, so you can't really count on the cash it pays out.