Devon Energy Corporation (NYSE:DVN) traded at a new 52-week high today of $30.34. This new high was reached on above average trading volume as 28.9 million shares traded hands, while the average 30-day volume is approximately 10.5 million shares.
There is potential upside of 220.9% for shares of Devon Energy Corporation based on a current price of $29.73 and an average consensus analyst price target of $95.41.
In the past 52 weeks, shares of Devon Energy Corporation have traded between a low of $7.73 and a high of $30.34 and is now at $29.73, which is 285% above that low price.
Devon Energy, based in Oklahoma City, is one of the largest independent exploration and production companies in North America. The firm's asset base is spread throughout onshore North America and includes exposure to the Delaware, STACK, Eagle Ford, Powder River Basin, and Bakken plays. At year-end 2020, Devon's proved reserves totaled 757 million barrels of oil equivalent, and net production that year was 333 mboe/d (of which, oil and natural gas liquids made up 70% of production, with natural gas accounting for the remainder).
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