Shares of Devon Energy Corporation (DVN) Sees Large Inflow of Net Money Flow

Devon Energy Corporation (DVN) : Mondays money flow indicated an uptick to downtick ratio was at 1.23. The total value of inflow transactions on upticks was $33.02 million, whereas, the total value of outflow trades on downticks was $26.83 million. The total money flow was $6.2 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $5.58 million. The total value of the trades done on upticks was $6.91 million. Downticks saw transactions worth $1.33 million. The total uptick to downtick ratio stood at 5.21, mildly in favor of the bulls. Devon Energy Corporation (DVN) was trading with a -0.47% change over previous days close. It fell $0.18 during the day and reached $38.11. The stock was 1.41% compared to the previous weeks close.


Devon Energy Corporation is up 19.3% in the last 3-month period. Year-to-Date the stock performance stands at 20.58%. Shares of Devon Energy Corporation rose by 1.17% in the last five trading days and 9.51% for the last 4 weeks. In a related news,The director of Devon Energy Corp/De, Henry Robert H. sold 7,100 shares at $37.43 on June 20, 2016. The Insider selling transaction had a total value worth of $265,753. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Devon Energy Corporation (NYSE:DVN): On Mondays trading session , Opening price of the stock was $37.88 with an intraday high of $38.38. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $37.38. However, the stock managed to close at $38.11, a loss of 0.47% for the day. On the previous day, the stock had closed at $38.29. The total traded volume of the day was 5,426,032 shares.

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.

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