DVN News and Press, Devon Energy Corporation From 05/15/24

2024-05-15 23:31:04 ET Summary WTI oil prices continue to hover near $80, while Henry Hub natural gas prices have rallied above $2, offering some hope for Energy E&P stocks. The Energy sector sports relative strength in the stock market so far in 2024, with high free cash flow...

2024-05-15 11:40:47 ET The temperament on Wall Street is mixed at the moment, split between analysts believing that the next leg up in a bull market is set to take place and others forecasting a bearish move lurking around the corner. For investors looking for more safety, dividend picks ca...

2024-05-14 21:04:10 ET Summary Devon Energy has shown resilience and growth potential, backed by solid fundamentals, making it a compelling investment in the energy sector. The company is experiencing operational improvements in cost control and infrastructure development, which b...

2024-05-10 04:55:00 ET RBC Capital recently raised its price target on Devon Energy (NYSE: DVN) 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 ...

2024-05-06 09:38:06 ET Summary Exxon Mobil forecasts steady production growth going into 2027 with volumes growing to 4.2MMbbl/d. This along with their $15b cost-savings will drive their 10% earnings CAGR forecast through 2027. Chemicals may be at the bottom of the cyclical upswin...

2024-05-06 08:45:00 ET There's one vital aspect of the energy sector that you can't ignore -- oil and natural gas prices are highly volatile. That means you have to go in with your eyes open to the risks, even when energy prices are strong. But income investors don't have to fret since ther...

2024-05-05 08:01:00 ET An analyst at Mizuho recently welcomed Devon Energy 's (NYSE: DVN) first-quarter earnings report by raising the stock's price target from $53 to $57 and maintaining a "buy" rating. Here's why the outlook appears positive for this oil and gas producer . ...

2024-05-04 20:30:00 ET More on Exxon Mobil Exxon Mobil: ~12% Mid-Term EPS Growth Justifies Premium Valuation Exxon Mobil Needs Consistent Perfect Execution Exxon Mobil: Positioned For Strong Growth And Current Buying Opportunity Read the full article on See...

2024-05-04 13:18:00 ET More on Energy Select Sector SPDR ETF Transitioning: Mining, Minerals And Sustainable Developments XLE: Implication Of $100+ Per Barrel Oil Price On Energy Stocks Eclipsed: Energy, Grids, Infrastructure, And Innovation Citi upgrades ene...

2024-05-04 04:25:00 ET Devon Energy (NYSE: DVN) has been a monster dividend stock in recent years. A few years ago, the oil company launched the industry's first fixed-plus-variable dividend framework. It aimed to pay a fixed base dividend each quarter and up to 50% of its exc...