| 2024-03-27 | +1.37 % |
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| 2024-03-26 | -0.53 % |
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| 2024-03-25 | +1.41 % |
- Summary: Kingswood Wealth Advisors LLC increased its holdings in Devon Energy (DVN) by 45.2% in the fourth quarter, resulting in the stock rising by 1.41% last night. The stock is on the rise due to various hedge funds and institutional investors adding to their stakes in DVN, leading to increased confidence in the company's performance and potential growth.
Reason for DVN stock increase: The rise in DVN stock can be attributed to the increased holdings by Kingswood Wealth Advisors LLC and other institutional investors, such as Pacer Advisors Inc., T. Rowe Price Investment Management Inc., J.P. Morgan Private Wealth Advisors LLC, Morgan Stanley, and Barclays PLC, indicating growing interest and confidence in the company's prospects. Additionally, DVN recently reported strong earnings results, beating estimates, which could also be contributing to the stock's upward trend.
- The article discusses Wellington Management Group LLP increasing its position in Devon Energy Co. (DVN) stock by 140.1% during the third quarter, leading to a 1.41% increase in the stock last night, as institutional investors and hedge funds are adding to their stakes in DVN, contributing to the rise in the stock price.
- Devon Energy (DVN) stock was up 1.41% last night, attributed to Compagnie Lombard Odier SCmA increasing its holdings in DVN shares by 167.5% during the fourth quarter, among other institutional investors and hedge funds also buying and selling shares, with analysts having a consensus rating of "Moderate Buy" and a consensus target price of $55.38 for the company based on recent research reports.
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| 2024-03-22 | -0.33 % |
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| 2024-03-19 | +2.02 % |
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| 2024-03-11 | +1.1 % |
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| 2024-03-08 | +0.59 % |
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| 2024-03-01 | +0.75 % |
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| 2024-02-29 | +0.07 % |
- Summary: Devon Energy (DVN) reported strong fourth-quarter and full-year performance for 2023, with production growth and notable returns on capital employed, leading to a 0.07% increase in its stock last night.
Reason for DVN stock going up: DVN stock went up due to the company's solid performance metrics, including an 8% production growth, a 10% reduction in capital expenditure for 2024 while maintaining production volumes, focusing on the Delaware Basin, emphasizing stock buybacks and debt retirement, a robust gross profit margin, and a commitment to shareholder returns through dividends. Additionally, analysts predict the company will remain profitable, aligning with the company's bullish outlook, making it an attractive investment option in the energy sector.
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| 2024-02-28 | -0.65 % |
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| 2024-02-27 | +1.12 % |
- The article reports that Meiji Yasuda Asset Management Co Ltd. increased its stake in Devon Energy Co. (NYSE:DVN) by 13.7%, alongside other institutional investors, and last night the DVN stock was up by 1.12%. The stock went up due to increased stake and interest shown by various hedge funds and institutional investors.
- The article provides updates on various stocks and market movements on February 27, 2024, with Devon Energy (DVN) stock showing a 1.12% increase, attributed to positive market sentiment and buying activity in certain index majors such as Tata Consultancy Services, Tata Motors, and Sun Pharma.
- The article discusses Devon Energy Co. (DVN) stock, which was up 1.12% last night, and provides information on analyst ratings, price targets, and institutional investor activity influencing the stock. Devon Energy's stock likely went up due to positive analyst ratings and institutional investment activities boosting investor confidence in the company.
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| 2024-02-26 | -0.11 % |
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| 2024-02-23 | -0.2 % |
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| 2024-02-15 | +3.23 % |
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| 2024-02-12 | +1.56 % |
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| 2024-02-09 | -1.93 % |
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| 2024-02-08 | +2.66 % |
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| 2024-02-07 | +0.56 % |
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| 2024-02-06 | +0.96 % |
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| 2024-02-05 | -1.48 % |
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| 2024-02-02 | -1.2 % |
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| 2024-01-29 | +0.35 % |
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| 2024-01-26 | +0.31 % |
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| 2024-01-25 | +2.09 % |
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| 2024-01-22 | +0.51 % |
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| 2024-01-12 | -1.88 % |
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| 2023-12-29 | -1.01 % |
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| 2023-12-27 | -0.56 % |
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| 2023-12-21 | +1.35 % |
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| 2023-12-15 | -0.27 % |
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| 2023-12-13 | +2.03 % |
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| 2023-12-12 | -2.41 % |
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| 2023-12-11 | +0.73 % |
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| 2023-12-06 | -1.21 % |
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| 2023-12-04 | -1.08 % |
- The article discusses the ongoing M&A activity in the Upstream Exploration and Production industry, with a focus on the potential acquisition of Crownrock LP, a privately held Midland basin producer. The author speculates on potential bidders, including companies like Devon Energy, ConocoPhillips, Marathon Oil, Occidental Petroleum, and Diamondback Energy. Among these, Occidental Petroleum (OXY) is suggested as a potential frontrunner due to recent speculation and its need to increase production. The article also mentions the possibility of other suitors, such as Marathon Oil and Shell. The author concludes by noting that the current M&A cycle is likely to continue, with private companies being acquired and larger companies getting bigger or being bought out.
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| 2023-11-22 | -0.2 % |
- The article discusses how stocks rose on Wednesday, but Devon Energy (DVN) stock went down by 0.2% due to the energy sector losing 1% after OPEC delayed a meeting on production cuts.
- The article discusses the performance of the stock market, with the Dow Jones, S&P 500, and NASDAQ all rising. However, the energy sector, including Devon Energy, saw a 0.1% decline due to OPEC delaying a meeting on production cuts.
- The article discusses the rise in stock prices on Wednesday as yields fell, but mentions that the energy sector, including Devon Energy (DVN), experienced a decline of 1.5% due to the Organization of the Petroleum Exporting Countries' delay in a meeting on production cuts.
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| 2023-11-21 | -0.88 % |
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| 2023-11-13 | -0.44 % |
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| 2023-11-07 | -3.06 % |
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| 2023-11-03 | +0.15 % |
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| 2023-10-31 | +0.87 % |
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| 2023-10-26 | -1.42 % |
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| 2023-10-24 | -0.5 % |
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| 2023-10-23 | -1.26 % |
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| 2023-10-19 | -1.66 % |
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| 2023-10-17 | +1.07 % |
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| 2023-10-13 | +3.64 % |
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| 2023-10-12 | -0.13 % |
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| 2023-10-11 | +1.48 % |
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| 2023-10-10 | -0.07 % |
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| 2023-10-09 | +5.49 % |
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| 2023-10-06 | +1.98 % |
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| 2023-10-05 | -1.15 % |
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| 2023-10-04 | -5.25 % |
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| 2023-09-29 | -2.27 % |
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