Better Oil Stock: Devon Energy vs. ExxonMobil
Over the past three months, West Texas Intermediate crude prices have spiked around 15% only to turn around and come back down to a roughly 4% gain. There are supply-and-demand and geopolitical reasons for the price move, but the truth is that this type of volatility isn't uncommon in the energy sector.
Devon Energy: Stop, In The Name Of Love (Maintaining The Rating)
Devon Energy is undervalued and offers significant growth and income potential due to its high-quality rock positions and shareholder-friendly capital returns. The company exceeded Q4 production guidance, showing strong integration of the Grayson Mill deal, and maintains a top-tier operating margin despite lower YoY comparisons. Near-term catalysts include potential gas price increases and value creation from operational efficiencies, such as the breakup with BPX.
Devon Energy Is One Of The Few Growing Oil Companies
Devon Energy is focused on aggressively growing production, both into 2024, along with double-digit growth into 2025. The company has a strong dividend that it's increasing, and it plans to continue increasing that dividend going forward. The company's aggressive share repurchases will combine with a growing dividend and production to enable overall shareholder returns.
DVN vs. EOG: Which Stock Is the Better Value Option?
Investors interested in Oil and Gas - Exploration and Production - United States stocks are likely familiar with Devon Energy (DVN) and EOG Resources (EOG). But which of these two stocks offers value investors a better bang for their buck right now?
Brokers Suggest Investing in Devon Energy (DVN): Read This Before Placing a Bet
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Is Devon Energy Stock a Buy Now?
I'll cut to the chase. Devon Energy (DVN -0.48%) is an attractive stock, but only for a specific type of investor.
Devon's Q4 Earnings Beat Estimates: Right Time to Buy the Stock?
DVN's multi-basin holdings and rising earnings estimates make it attractive. Investors should add the stock to their portfolio as it is trading at a discount and delivering strong results.
Why Devon Energy (DVN) is a Top Momentum Stock for the Long-Term
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Wall Street Analysts Think Devon Energy (DVN) Could Surge 31.42%: Read This Before Placing a Bet
The average of price targets set by Wall Street analysts indicates a potential upside of 31.4% in Devon Energy (DVN). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Should Value Investors Buy Devon Energy (DVN) Stock?
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.
Investors Heavily Search Devon Energy Corporation (DVN): Here is What You Need to Know
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.
3 Dividend Stocks Down Between 11% and 16% to Buy in February
The S&P 500 (^GSPC -1.71%) is up 22.8% over the last year as megacap growth and value stocks have led the index to new heights. With valuations stretched in many top names, some investors may want to put new capital to work in out-of-favor companies.
