OKLAHOMA CITY, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the third-quarter 2024. The company also declared its quarterly dividend and provided an updated 2024 outlook. Devon’s earnings release, supplemental financial tables, guidance and related earnings presentation can be accessed via the Investor Relations section of Devon’s website, www.devonenergy.com. The company’s third-quarter conference call will be held at 10:00 a.m. Centr ...

Devon Energy Corporation (DVN) is expected to report a year-over-year decline in its top and bottom lines when it reports third-quarter 2024 results on Nov. 5, after the market close.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for DVN’s third-quarter revenues is pegged at $3.86 billion, indicating a 2% decline from the year-ago reported figure.The consensus estimate for earnings is pegged at $1.06 per share. The Zacks Consensus Estimate for DVN’s thi ...

The market expects Devon Energy (DVN) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on November 5, 2024, might help the stock move higher if these key numbers ...

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It's been a while since I last wrote about Devon Energy and I believe it's time to revisit it and provide an update. The oil I focus on a wide variety of stocks but I prefer to write about oil and gas companies at this time. That said, if I think there is a reason to write about it, then I enjoy studying new companies and learning about new opportunities. I am a graduate of Texas Christian University where I have obtained both my bachelors and my MBA. I am also a published author. You can find my book on Am ...

Investing in equal parts of these three dividend stocks should produce an average yield of 4.8% to help you generate passive income.When dividend-paying companies go on sale, their yields increase, which can make them juicy passive income opportunities. But a dividend is only as good as the company paying it; meaning if you're going to invest in a beaten-down dividend-paying company, it has to be able to overcome whatever challenges it is going through.United Parcel Service (UPS 0.06%) and Devon Energy (DVN ...

Devon Energy (DVN) closed the most recent trading day at $39.51, moving -1.64% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.92% for the day. At the same time, the Dow lost 0.96%, and the tech-heavy Nasdaq lost 1.6%.Shares of the oil and gas exploration company have depreciated by 2.05% over the course of the past month, outperforming the Oils-Energy sector's loss of 9.71% and lagging the S&P 500's gain of 2.68%.Market participants will be closely follo ...

Devon Energy (DVN) closed at $40.17 in the latest trading session, marking a +0.22% move from the prior day. This change outpaced the S&P 500's 0.05% loss on the day. At the same time, the Dow lost 0.02%, and the tech-heavy Nasdaq gained 0.18%.Shares of the oil and gas exploration company have depreciated by 2.53% over the course of the past month, outperforming the Oils-Energy sector's loss of 9.67% and lagging the S&P 500's gain of 2.76%.Analysts and investors alike will be keeping a close eye on the perf ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Devon Energy (DVN) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Devon Energy currently has an ...

OPEC's latest Oil Market Report sheds light on the shifting dynamics of the global energy sector. The closely watched report not only provides an updated forecast on demand growth but also dives into the complexities of supply constraints, geopolitical risks, and the ongoing transition toward cleaner energy. Despite a cautious tone, there are key opportunities in oil-focused investments, particularly as demand-supply imbalances create room for strategic gains. Investors interested in the sector could benefi ...