| 2024-11-20 | +1.03 % |
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| 2024-11-14 | +0.69 % |
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| 2024-11-12 | -1.59 % |
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| 2024-11-08 | -0.05 % |
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| 2024-11-06 | +1.73 % |
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| 2024-11-05 | +0.49 % |
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| 2024-11-04 | +2.17 % |
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| 2024-11-01 | -0.93 % |
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| 2024-10-31 | +0.86 % |
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| 2024-10-30 | +0.55 % |
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| 2024-10-29 | -1.17 % |
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| 2024-10-28 | -1.53 % |
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| 2024-10-25 | -0.81 % |
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| 2024-10-23 | -1.64 % |
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| 2024-10-22 | +0.22 % |
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| 2024-10-21 | -1.43 % |
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| 2024-10-18 | +0.2 % |
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| 2024-10-17 | -0.27 % |
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| 2024-10-16 | -1.24 % |
- Devon Energy (DVN) stock fell by 1.24% as part of a general decline in the U.S. shale patch, where overall merger activity has decreased significantly, leading to concerns about the sector's financial health despite Devon's recent acquisition intended to enhance its operational scale and cash flow.
- Devon Energy's stock (DVN) declined by 1.24% following a significant reduction in holdings by Carnegie Investment Counsel, which sold 4,000 shares, and general market sentiment influenced by lowered price targets from several analysts.
- Devon Energy's stock (DVN) fell by 1.24% due to several analysts downgrading their price targets and ratings, indicating a bearish sentiment surrounding the stock's future performance.
- Devon Energy (DVN) stock fell by 1.24% following Cwm LLC's report of a significant increase in its holdings in the company, which may have caused investor concern about potential overvaluation or market reactions to portfolio shifts.
- Devon Energy (NYSE:DVN) stock fell by 1.24% following several analysts, including Piper Sandler and Wells Fargo, cutting their price targets for the company, indicating a potential decrease in expected value.
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| 2024-10-15 | -3.9 % |
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| 2024-10-14 | -0.21 % |
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| 2024-10-11 | +0.23 % |
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| 2024-10-10 | +2.14 % |
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| 2024-10-09 | +0.67 % |
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| 2024-10-04 | +1.51 % |
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| 2024-10-03 | +3.19 % |
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| 2024-10-02 | +1.86 % |
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| 2024-10-01 | +1.64 % |
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| 2024-09-30 | +0.41 % |
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| 2024-09-27 | +2.88 % |
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| 2024-09-26 | -4.85 % |
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| 2024-09-25 | -2.95 % |
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| 2024-09-24 | -0.27 % |
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| 2024-09-13 | -1.4 % |
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| 2024-08-14 | -0.34 % |
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| 2024-08-07 | +2.83 % |
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| 2024-08-06 | +1.21 % |
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| 2024-08-05 | -3.06 % |
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| 2024-07-22 | -1.97 % |
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| 2024-07-18 | -0.39 % |
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| 2024-07-17 | +0.85 % |
- Devon Energy (DVN) stock went up last night as Bernstein SocGen Group issued an upgrade for Hess Corp. (HES) stock, which raised its rating to Outperform and adjusted the price target amidst expectations of a successful merger with Chevron Corp. (CVX), along with factors like historical trend of oil prices, OPEC meetings, and market conditions affecting the energy sector.
- The article discusses Bernstein SocGen Group's downgrade of Chevron and shift in focus to Hess Corporation, highlighting a potential arbitrage opportunity due to the pending merger between Hess and Chevron, which could offer a 16% upside for Hess, leading to a positive outlook on Hess stock and a 0.85% increase in Devon Energy (DVN) stock as the broader energy sector is reevaluated, emphasizing the potential impact of mergers and acquisitions, oil market dynamics, and adjusted oil price forecasts by analysts such as Bernstein SocGen Group.
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| 2024-07-16 | +0.4 % |
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| 2024-07-12 | +0.13 % |
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| 2024-07-11 | +1.11 % |
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| 2024-07-10 | -0.33 % |
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| 2024-07-09 | -0.99 % |
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| 2024-07-08 | -1.08 % |
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| 2024-06-26 | -1.37 % |
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| 2024-06-18 | -0.24 % |
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| 2024-06-07 | +0.06 % |
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| 2024-06-06 | +0.3 % |
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| 2024-06-05 | -0.06 % |
- Summary: Devon Energy Corp. (DVN) saw a slight decrease in its stock price due to the appointment of a new independent chair of the board, John Bethancourt, effective July 1, 2024, following the company's governance policy of separating the roles of chair and CEO.
Reason for stock decline: The slight decrease in Devon Energy's stock may be attributed to investor sentiment reacting to the announcement of the leadership change, despite the company's overall positive performance and strategic outlook, including strong financial health, analyst upgrades, and operational efficiencies.
- Summary: The article discusses the approval to proceed with the construction of the Legends Tower, a supertall building in Oklahoma City, and the overall development plan for the project.
Reason for Devon Energy (DVN) Stock Going Down: The article does not provide any information or context regarding why Devon Energy's stock went down; therefore, it is not possible to determine the specific reason for the decrease in DVN stock from the content provided in the article.
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| 2024-06-04 | -0.91 % |
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| 2024-06-03 | -4.07 % |
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| 2024-05-30 | +0.85 % |
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| 2024-05-29 | -3.52 % |
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| 2024-05-24 | -0.17 % |
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| 2024-05-23 | -1.17 % |
- The article highlights Devon Energy Corp (DVN) stock being 1.2% down at $48.24 following a recent pullback from its 52-week high of $55.09, up 6.5% YTD, testing support at its 80-day moving average, potentially indicating a bullish trendline, with data suggesting an 80% success rate and a 10.9% average return one month later after similar signals, with options presenting a potentially advantageous strategy given the low volatility currently. The stock has dipped due to profit-taking after its continuous weekly gains, causing the stock to align with its moving averages for potential future movements.
- The article discusses Devon Energy's (DVN) stock performance, highlighting a strong Return on Equity (ROE) of 27%, higher than the industry average of 18%, and a net income growth of 48% over the past five years. Despite the positive financial indicators, the stock may have dropped recently by 1.17% due to analysts' predictions of a future decline in ROE to 20%, triggering concerns among investors.
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