Devon Energy Corporation (DVN) : During the past 4 weeks, traders have been relatively bearish on Devon Energy Corporation (DVN), hence the stock is down -5.62% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -5.97% relative to the S&P 500. The 4-week change in the price of the stock is -7.53% and the stock has fallen -5.47% in the past 1 week.
The stock has recorded a 20-day Moving Average of 6.19% and the 50-Day Moving Average is 0.88%.The 200 Day SMA reached 25.87% Devon Energy Corporation is up 14.08% in the last 3-month period. Year-to-Date the stock performance stands at 29.88%.
Devon Energy Corporation (DVN) : The most positive equity analysts on Devon Energy Corporation (DVN) expects the shares to touch $64, whereas, the least positive believes that the stock will trade at $30 in the short term. The company is covered by 18 Wall Street Brokerage Firms. The average price target for shares are $46.89 with an expected fluctuation of $10.16 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Devon Energy Corporation (NYSE:DVN): The stock opened at $40 and touched an intraday high of $41.13 on Friday. During the day, the stock corrected to an intraday low of $39.92, however, the bulls stepped in and pushed the price higher to close in the green at $40.99 with a gain of 0.22% for the day. The total traded volume for the day was 5,589,633. The stock had closed at $40.9 in the previous trading session.
Devon Energy Corporation (Devon) is an independent energy company engaged in the exploration, development and production of oil, natural gas and natural gas liquids (NGLs). The Companys operations are concentrated in various North American onshore areas in the United States and Canada. Devon has approximately 689 Million Barrels of Oil Equivalent (MMBoe) of proved undeveloped reserves. The Company operates through three segments: U.S., Canada and EnLink. The Companys projects in North America include Anadarko Basin, Barnett Shale, Mississippian-Woodford Trend, Permian Basin, Rockies and Canadian Heavy Oil. EnLinks operations consist of midstream assets and operations located across the United States. In Canada, the company has two main projects, Jackfish and Pike, located in Alberta, Canada. In addition, its Lloydminster properties are located to the south and east of Jackfish in eastern Alberta.