Devon Energy Stock Down 8.1% in a Year: Should You Buy the Dip?
Devon Energy(DVN) ZACKS·2024-08-30 02:25
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 ...