Devon Energy Corporation's (DVN) shares are down 8.1% in a year compared with a 2.5% decline in its industry and 25.6% growth of the Zacks S&P 500 composite. While the one-year performance paints a dull picture for investors, looking at the last six months' performance is crucial for a fuller understanding. DVN's stock has gained 2.9% in the past six months, suggesting that it is on a gradual path of recovery. Another stock from the same industry, EQT Corporation (EQT) , registered an 11.4% decline in share ...

As the market appears to be entering a new regime with potential rate cuts on the horizon, investors might find it advantageous to look into undervalued stocks with bullish ratings from analysts. With capital flows and liquidity expected to rise, these stocks could benefit and offer promising opportunities. Here's a closer look at three such stocks: Get General Motors alerts: Attractive Valuation: Devon Energy Boasts a P/E Ratio of 8.53 Devon Energy MarketRank™ Stock Analysis Overall MarketRank™ 4.98 out of ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these ...

A more attractive valuation and impressive operational performance make this stock a better buy than its morefamous peer. ExxonMobil (XOM -0.64%) is a fine and worthy dividend-stock candidate for investors looking for exposure to oil, but it doesn't trade at Devon Energy's (DVN -0.45%) cash-flow valuation. Moreover, while ExxonMobil's stock is up almost 19% this year, Devon's stock is flat this year and presents an excellent value for investors. Here's why. Devon Energy continues to progress Devon Energy's ...

Devon Energy has a 4.4% yield, but you can't count on it to keep paying at the current level. Here's a high yield you can count on. Devon Energy (DVN 2.13%) is a perfectly fine upstream energy company, if that's what you're looking for. But if you're in the market for a high-yield energy stock that hails from the energy sector, you can do better. This 7.4%-yielding master limited partnership (MLP) is a great place to start. Devon Energy's big high yield flaw Devon Energy's oil production in the second quart ...

Devon Energy expects its Grayson Mill deal to pay big dividends next year. Devon Energy (DVN -1.52%) has struck out on several potential acquisition opportunities over the past year. However, the company finally found a deal to its liking in July, agreeing to buy Grayson Mill Energy for $5 billion. The highly accretive transaction is a strong strategic fit for the oil company. The oil producer is working to close the deal by the end of the third quarter. Given that timing, it should provide the oil stock wi ...

bjdlzx Devon Energy (NYSE:DVN) has followed the price of WTI crude oil for the last several quarters. Both oil the commodity and DVN shares have traded largely sideways since the 2022 pop and drop in the Energy sector. The $28 billion market cap Oil and Gas Exploration and Production company is set to grow earnings in the out year with ongoing revenue gains. For shareholders, the management team is committed to returning capital via dividends and buybacks, while its free cash flow is very strong. What's mor ...

grandriver Introduction Energy has been a huge part of my research since the pandemic. That is mainly due to my belief that the sector benefits from strong secular tailwinds, including peak production growth in U.S. shale, long-term demand tailwinds, and a very attractive valuation of the entire sector. Although I promise readers that I will keep a balanced coverage mix, energy will remain a cornerstone of my research. This includes Devon Energy (NYSE:DVN), a stock that has been brought up a lot by readers ...

Devon Energy's dividends look poised to grow. Devon Energy (DVN -0.11%) stock gained massive popularity among income investors after it launched the oil industry's first fixed-plus-variable dividend policy in 2021. Every time crude oil prices rise, so does Devon's dividend payout, making it one of the most intriguing dividend stocks in the energy sector. Here's how you can earn $1,000 in annual dividend income from this oil stock. Devon pays a fixed dividend every quarter, plus a variable dividend of up to ...

Fossil fuels might seem anachronistic given the push for clean and renewable energy. However, the harsh reality is that the world continues to run on hydrocarbons. What's more, this dynamic might not change anytime soon. Scientifically, oil features high energy density. Basically, a gallon of gasoline can power a car for 30 miles or more. Such relevance makes high-yield oil stocks attractive. Yes, many investors bet on hydrocarbons for their growth potential. But because this sector is so important, so vita ...