Devon Energy (DVN) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this oil and gas exploration company have returned -9.3% over the past month versus the Zacks S&P 500 composite's +4.2% change. The Zacks Oil and Gas - Exploration and Production - United States industry, to which Devon Energy belongs, has lost 5.9% over this period. Now the key question ...

The shares of Devon Energy Corp (NYSE:DVN) are down 1.2% at $48.24 at last check today. The stock has been slipping on the charts since its Apr. 12, roughly 52-week high of $55.09, which occurred after 10-straight weekly gains. However, DVN is still up 6.5% in 2024, and this recent pullback has it testing support at its 80-day moving average, a historically bullish trendline. Per Schaeffer's Senior Quantitative Analyst Rocky White, the security has come within one standard deviation of its 80-day moving ave ...

These energy stocks are set to generate significant amounts of cash and will return much of it to shareholders through dividends and buybacks.Devon Energy (DVN 0.77%), Vitesse Energy (VTS 2.62%), and Diamondback Energy (FANG 1.58%) are all high-yield energy stocks with excellent growth prospects. While it's never a good idea to go "all in" in one sector (unless you have a strong view of the price of oil), these three stocks offer good options as part of an income-seeking, diversified portfolio.Gushing cashI ...

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There's more than one reason analysts are excited about energy stocks.This week, Wall Street took a bullish view on two leading energy stocks: ExxonMobil (XOM -0.60%) and Devon Energy (DVN -0.95%). Here, two Motley Fool contributors take a closer look at Wall Street's opinions and why these energy stocks are a compelling way to energize investors' portfolios right now.ExxonMobil expects profits to power higher over the next three yearsScott Levine (ExxonMobil): Oil supermajor ExxonMobil has been the subject ...

Devon's dividend policy gives investors a way to capitalize on elevated oil prices.If you're looking to invest in oil and gas stocks, Devon Energy (DVN -0.95%) is a worthy candidate. The oil and gas producer has a trailing dividend yield of 4.8% and provides an attractive way for investors to increase their passive income if oil prices remain high. Here's what you need to know about Devon Energy before you buy it today.Devon's dividend rises alongside oil pricesDevon Energy explores and produces crude oil a ...

Bet_Noire Introduction In the past few months, I have spent an unusual amount of time discussing energy stocks - even for me. That won't change today, as we will talk about Devon Energy (NYSE:DVN), a company that has been brought up by readers countless times in recent weeks. My most recent article on the company was written on March 8, when I went with the title "Value Vs. Growth: Why Devon Energy Is The Smarter Investment." Here's a part of the takeaway: As the market fixates on AI and tech, I've t ...

The oil and gas company is following the right strategy to maximize value for investors.I'm going to cut to the chase here. Devon Energy (DVN -1.44%) is a buy, provided you share management's view on its capital allocation policy. That's the key to the investment decision here, so here's an outline of everything you need to know before buying the stock.Devon Energy's capital allocation policyThe company's policy is to return 70% of its free cash flow (FCF) to investors, with the remaining 30% used to reduce ...

This leading dividend-paying oil stock just beat expectations in the first quarter.RBC Capital recently raised its price target on Devon Energy (DVN 0.57%) to $57 from $55 and maintained a "sector perform" rating on the stock. My take on a "sector perform" rating is that it is a de facto sell rating, because investors might as well hold the sector through an ETF and eliminate the stock-specific risk inherent in holding one stock.That said, the $57 price target still represents a nearly 12% upside from the c ...

财务数据和关键指标变化 - 公司第一季度实现了出色的业绩,超出了预期目标 [6][7] - 公司第一季度营运现金流达17亿美元,自由现金流为8.44亿美元,连续第15个季度实现自由现金流 [13][38] - 公司全年产量预期提高15,000桶油当量/天,达到655,000-675,000桶油当量/天,增长2% [14][15] - 公司全年资本支出预算维持在33-36亿美元,比去年低10%,但产量仍能保持稳定 [16] - 公司预计2024年自由现金流将比去年增加15%以上 [16] 各条业务线数据和关键指标变化 - 德拉瓦盆地业务占公司资本支出的65%,第一季度产量同比增长5% [21] - 德拉瓦盆地新井平均初始产能超过3,200桶油当量/天,创两年来最佳水平 [22] - 公司在德拉瓦盆地的主要项目包括Van Doo Dah、CBR 1510和Thistle区域的Wolfcamp B井,均取得了优异的生产表现 [23][24][25] - 鹰福德盆地和威尔斯顿盆地的产量也分别同比增长7%和9% [29][30] - 粉河盆地和阿纳达科盆地的活动有所减少,但井口产能仍然出色 [32] 各个市场数据和关键指标变化 - 公司在德拉瓦盆地的基础设施建设取得进展,缓解了该区域的管道瓶颈问题 [11] - 公司在Waha地区天然气价格疲软,但由于有长期管输合同和套期保值,影响有限 [36][37][61][62][63] - 预计Matterhorn管线将在第三季度底前投产,有助于缓解德拉瓦盆地天然气价格压力 [60][61] 公司战略和发展方向及行业竞争 - 公司认为自身拥有行业最优质的资产组合之一,未来无需大规模并购即可保持良好发展 [71][72] - 公司将继续优先考虑股票回购,以最大化股东价值 [57][58][59] - 公司计划在天然气市场拓展LNG出口业务,以获取更高的价格 [137][138][139] 管理层对经营环境和未来前景的评论 - 管理层对公司2024年的业务前景表示乐观,认为公司有望持续创造价值 [6][7][41][42][43] - 管理层认为公司拥有行业最优质的资产组合,未来无需大规模并购即可保持良好发展 [71][72] - 管理层表示将继续优先考虑股票回购,以最大化股东价值 [57][58][59] 问答环节重要的提问和回答 问题1 **Arun Jayaram 提问** 询问公司在德拉瓦盆地的基础设施建设进展以及对下半年产量指引的保守程度 [46][47][48][49] **Jeff Ritenour 回答** 公司在德拉瓦盆地的基础设施建设取得进展,为公司业务带来积极影响;公司对下半年产量指引保持谨慎乐观 [48][49] 问题2 **Neil Mehta 提问** 询问公司未来的资本回报政策,为何更倾向于股票回购而非可变股息 [56][57][58][59] **Jeff Ritenour 回答** 公司将继续优先考虑股票回购,以最大化股东价值,这与公司目前的股价折价情况相符 [57][58][59] 问题3 **Clay Gaspar 回答** 公司新井生产能力提升约60%贡献于整体业绩超预期,另外20%来自作业效率提升,20%来自基础产能超预期 [111][112][113][116][117]