文章核心观点 - 公司拥有多流域资产组合和专注于高质量资产,持续推动产量增长 [3][4] - 公司通过战略性收购和剥离非核心资产,集中于核心资产 [3] - 公司预计未来将继续提高产量指引 [3] - 公司资产可持续生产多年,为客户提供可靠和经济的能源 [4] - 公司持续勘探活动补充产量和新储量 [4] - 公司拥有平衡的油气和天然气液体产品组合 [4] - 公司低成本运营提升利润率,正在努力降低钻井和完井成本 [5] - 公司设计了向股东提供更高现金回报的策略 [6] - 公司投资回报率优于行业平均水平 [7] - 公司股价相对估值较低 [8][9]

In its last weekly release, Baker Hughes Company (BKR) stated that the U.S. rig count was higher than the prior week's figure. The rotary rig count, issued by BKR, is usually published in major newspapers and trade publications. Baker Hughes' data, issued at the end of every week since 1944, helps energy service providers gauge the overall business environment of the oil and gas industry. The number of active rigs and its comparison with the week-ago figure indicates the demand trajectory for the company's ...

In the latest trading session, Devon Energy (DVN) closed at $42.42, marking a +1.51% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.9%. Elsewhere, the Dow saw an upswing of 0.81%, while the tech-heavy Nasdaq appreciated by 1.22%. Heading into today, shares of the oil and gas exploration company had lost 0.69% over the past month, lagging the Oils-Energy sector's gain of 5.22% and the S&P 500's gain of 3.15% in that time. Investors will be eagerly watching for ...

It's time to hedge geopolitical risk by getting exposure to oil stocks. Devon Energy (DVN 1.34%) stock has moved in line with oil prices this year. So it's no surprise that a decline in the latter has led to a sell-off in recent months. And that in turn has led to downbeat views from several Wall Street analysts. Devon Energy's price targets Analysts have been lowering price targets on Devon Energy in recent weeks, as oil prices have declined from the mid-$80s in the summer to $72. Most recently, Truist fol ...

Lower oil prices overshadowed a positive development. Shares of Devon Energy (DVN 3.19%) fell 12.6% in September, according to data provided by S&P Global Market Intelligence. The culprit was lower oil prices. That offset the positive effect of closing a needle-moving acquisition. Down despite a big deal Oil prices were under pressure again last month. WTI, the main U.S. oil price benchmark, fell another 7.3% in September, closing the month at around $68 per barrel. It has now declined by 16.4% over the pas ...

OKLAHOMA CITY, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced that it has completed its previously announced acquisition of Grayson Mill Energy, for a transaction valued at $5 billion before giving effect to purchase price adjustments. The acquisition adds a high-margin production mix that enhances Devon's position as one of the largest producers in the U.S. The transaction transforms the company's Williston Basin business, with the addition of 307,000 net acres, 500 undri ...

Devon Energy Corporation (DVN) is currently trading at a discount compared with its industry on a trailing 12-month Enterprise Value/Earnings before Interest Tax Depreciation and Amortization (EV/EBITDA TTM) basis. Devon is currently trading at 4.01X, lower than its industry's average of 7.17X. Devon is trading 12.4% below its five-year median of 4.58X. DVN currently has a Value Score of A. Devon is attractively valued compared with other companies like Chesapeake Energy Corporation (CHK) and EQT Corporatio ...

Devon Energy (DVN) closed the most recent trading day at $41.01, moving -0.27% from the previous trading session. This change lagged the S&P 500's daily gain of 0.25%. On the other hand, the Dow registered a gain of 0.2%, and the technology-centric Nasdaq increased by 0.56%. Shares of the oil and gas exploration company have depreciated by 8.91% over the course of the past month, underperforming the Oils-Energy sector's loss of 0.05% and the S&P 500's gain of 1.65%. Market participants will be closely follo ...

OKLAHOMA CITY, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report third-quarter 2024 results on Tuesday, Nov. 5, after the close of U.S. financial markets. The earnings release and presentation for the third-quarter 2024 results will be available on the company's website at www.devonenergy.com. On Wednesday, Nov. 6, the company will hold a conference call at 10 a.m. CST (11 a.m. EST), which will consist primarily of answers to questions from analysts and investo ...

Anton Zharkov is a financial analyst specializing in manufacturing companies across all industries except financial companies, insurers, REITs, and banks. In his articles, he will provide detailed analysis of mega and large-cap stocks for long/short portfolios, utilizing quantitative models from Eyestock.io. He will focus on factors such as growth, value, and high-quality, complementing these with classic bottom-up fundamental analysis. Most of the stocks discussed in his articles will be purchased or alrea ...