Devon Energy Corporation's (DVN) stock has been a focal point for investors. The organisation's disciplined approach to its operations is paying off with steady gains being witnessed. Nonetheless, it occasionally underperforms when compared to its peers. Market analysts are split between bearish and bullish outlooks. Kingsview Wealth Management LLC recently sold 67,228 DVN shares, while Stifel maintained a 'buy' recommendation. Q3 2025 EPS estimates were recently lowered by a market analyst. With 71% of the shares owned by institutional investors, DVN is dominated by these entities. Despite some market losses, DVN's stock outperformed competitors due to healthy production trends and shareholder-friendly moves. The Q1 2024 earnings surpassed EPS estimates and a dividend was declared, demonstrating robust financial health. DVN is slated to post Q4 earnings soon. DVN's stock shows an uptrend. Its intrinsic value and Q2 2024 earnings expectations have been estimated by equity analysts. Piper Sandler and Mizuho increased DVN's price target to $61.00.
Devon Energy Corporation DVN News Analytics from Sun, 14 Jan 2024 08:00:00 GMT to Sun, 19 May 2024 15:46:09 GMT -
Rating 8
- Innovation 5
- Information 6
- Rumor 6
