| 2023-03-28 | +1.02 % |
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| 2023-03-27 | +3.24 % |
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| 2023-03-24 | -0.32 % |
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| 2023-03-23 | -2.18 % |
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| 2023-03-22 | -2.65 % |
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| 2023-03-21 | +4.38 % |
- Devon Energy (DVN) stock went up 4.38% after shares of its competitors, Pioneer Natural Resources and EOG Resources, also rose and the S&P 500 and the Dow Jones Industrial Average increased 1.30% and 0.98%, respectively, resulting in an all-around great trading session for the stock market.
- Devon Energy (DVN) stock went up by 4.38% last night due to the International Energy Agency’s projection that oil demand will grow to 102 million barrels per day this year, meaning that oil prices could rise accordingly; as a result, Devon Energy, Pioneer Natural Resources, and Marathon Oil are three top energy stocks to buy.
- Shares of Devon Energy (DVN) rose by 4.38% due to an overall great trading session for the stock market on Tuesday, with the S&P 500 Index rising 1.30% to 4,002.87 and the Dow Jones Industrial Average rising 0.98% to 32,560.60.
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| 2023-03-20 | +1.84 % |
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| 2023-03-17 | -0.26 % |
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| 2023-03-15 | -8.33 % |
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| 2023-03-14 | -1.52 % |
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| 2023-03-13 | -3.44 % |
- ExxonMobil's consistency in dividend payout and its integrated business model have made it a stable investment option in the energy sector, particularly in times of low oil prices that benefit its downstream segment, differentiating it from companies such as Devon Energy, which cut its dividend amid oil price fluctuations, and Occidental Petroleum, which made debt-funded acquisitions leading to a dividend cut for debt repayment, and with its low debt-to-equity ratio, Exxon has resiliency to deal with industry downturns.
- Devon Energy (DVN) stock was down 3.44% on Monday due to nervousness in the banking sector, which has led investors to believe that banks may lend less to other companies, consequently causing a slowdown in the economy and a drop in oil demand and prices.
- Devon Energy Corp.’s shares have fallen by over 34% since its 2014 high, prompting company CEO Richard Muncrief to buy 15,000 shares of stock for $797,800 in February, as insiders John Bethancourt and Ronald Kruszewski also made purchases; despite the recent insider buying, other Devon insiders have sold their shares this year.
- Devon Energy stock went down by 3.44% along with the entire energy sector due to concerns about an economic slowdown triggered by recent bank failures, which may reduce the demand for crude oil.
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| 2023-03-10 | -2.3 % |
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| 2023-03-08 | -0.96 % |
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| 2023-03-07 | -2.58 % |
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| 2023-03-06 | -0.32 % |
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| 2023-03-03 | +1.74 % |
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| 2023-03-02 | +1.75 % |
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| 2023-03-01 | +1.52 % |
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| 2023-02-28 | -1.1 % |
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| 2023-02-27 | -0.87 % |
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| 2023-02-24 | |
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| 2023-02-23 | +2.63 % |
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| 2023-02-22 | -0.26 % |
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| 2023-02-21 | +0.75 % |
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| 2023-02-17 | -4.29 % |
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| 2023-02-16 | -2.64 % |
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| 2023-02-15 | -10.49 % |
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| 2023-02-14 | +0.6 % |
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| 2023-02-13 | +0.03 % |
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| 2023-02-10 | +5.37 % |
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| 2023-02-09 | -1.68 % |
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| 2023-02-08 | -1.41 % |
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| 2023-02-07 | +3.44 % |
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| 2023-02-06 | -1.17 % |
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| 2023-02-03 | -0.16 % |
|
| 2023-02-02 | -1.52 % |
|
| 2023-02-01 | -2.13 % |
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| 2023-01-31 | +1.44 % |
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| 2023-01-30 | -4.49 % |
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| 2023-01-27 | -0.68 % |
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| 2023-01-24 | -2.72 % |
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| 2023-01-23 | +1.56 % |
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| 2023-01-20 | +1.05 % |
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| 2023-01-19 | +2.33 % |
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| 2023-01-17 | -0.16 % |
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| 2023-01-13 | -0.69 % |
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| 2023-01-12 | +1.88 % |
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| 2023-01-11 | -0.44 % |
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| 2023-01-10 | +1.5 % |
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| 2023-01-06 | +1.76 % |
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| 2023-01-05 | +2.16 % |
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| 2023-01-03 | -5.51 % |
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| 2022-12-27 | +1.17 % |
|
| 2022-12-23 | +3.99 % |
|
| 2022-12-20 | +0.17 % |
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| 2022-12-19 | -1.36 % |
|
| 2022-12-14 | -0.1 % |
|
| 2022-12-13 | +1.47 % |
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| 2022-12-12 | +2.45 % |
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| 2022-12-09 | -6.11 % |
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| 2022-12-07 | +0.19 % |
- energy prices hiked in 2022. In my last article on Devon, I said that the company's Delaware Basin revenues will remain high. As oil and gas production in the Permian region and DVN's capital expenditures in the Delaware Basin are still increasing, I expect that despite decreased prices, the company's Delaware Basin revenues to remain high. Overall, due to the companyâs recent developments and acquisitions and its increasing upstream capital expenditures and increasing oil and natural gas production in the United States (despite lower global demand), Devonâs oil, NGL, and natural gas production in the fourth quarter will be higher than in the third quarter of 2022. However, due to the negative effect of lower energy prices, DVNâs realized prices in 4Q 2022 will be lower than in 3Q 2022. Even with the current prices that are lower than a few months ago, the market condition is still in favor of Devon Energy and the company will make huge profits. Thus, the stock is a buy
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| 2022-12-06 | -3.64 % |
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| 2022-12-05 | -2.79 % |
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| 2022-12-01 | -0.35 % |
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| 2022-11-28 | -2.66 % |
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| 2022-11-23 | -1.12 % |
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| 2022-11-22 | +2.05 % |
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| 2022-11-21 | -3.49 % |
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| 2022-11-18 | -1.93 % |
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| 2022-11-03 | +4.88 % |
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| 2022-11-02 | -12.76 % |
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| 2022-10-27 | -0.47 % |
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| 2022-10-26 | +1.87 % |
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| 2022-10-25 | +0.36 % |
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| 2022-10-06 | +1.92 % |
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| 2022-10-03 | +8.65 % |
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| 2022-09-29 | +1.53 % |
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