Devon Energy Looks Interesting Heading Into Earnings
Devon Energy shares have dropped significantly since October 2022, but are trading at less than 10 times earnings with a 19.3% FCF yield. The acquisition of Grayson Mill assets is expected to boost DVN's production, earnings, and FCF, making it one of the largest domestic onshore upstream producers. DVN's valuation is cheap, trading at 7.92 times 2024 earnings and almost yielding 5% on the dividend, making it an attractive investment opportunity.
Q3's Rising Stars: 3 Energy Stocks for Your Must-Watch List
The United States' switch from fossil fuels to green energy has been a hot-button issue for years. However, how fast those changes are implemented will depend on the government's policies.
Devon's (DVN) Pre-Q2 Earnings Analysis: Should You Buy or Hold?
Devon Energy's (DVN) second-quarter earnings are expected to have gained from strong production from its multi-basin portfolio. Cost management and share buybacks are also likely to have aided earnings.
Devon Energy (DVN) Advances While Market Declines: Some Information for Investors
Devon Energy (DVN) closed at $46.17 in the latest trading session, marking a +1.05% move from the prior day.
Devon Energy (DVN) Reports Next Week: Wall Street Expects Earnings Growth
Devon Energy (DVN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here is What to Know Beyond Why Devon Energy Corporation (DVN) is a Trending Stock
Devon Energy (DVN) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Is Devon Energy (DVN) a Buy as Wall Street Analysts Look Optimistic?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Devon Energy (DVN) Stock Declines While Market Improves: Some Information for Investors
In the closing of the recent trading day, Devon Energy (DVN) stood at $46.80, denoting a -1.97% change from the preceding trading day.
3 Solid Oil Stocks to Boost Your Investment Portfolio Now
With oil prices likely to remain in the bullish territory, upstream firms like Matador Resources (MTDR), SM Energy (SM) and Devon Energy (DVN) are well poised to gain.
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.
Devon Energy (DVN) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Devon Energy (DVN) concluded the recent trading session at $48.24, signifying a +0.4% move from its prior day's close.
3 Bargain Stocks to Buy Now: Q3 Edition
The market's breadth broadened last week as yields fell on a cooler inflation report. In June, the Consumer Price Index increased 3% year-on-year and declined 0.1% month-over-month, raising the prospects of a rate cut in September.
