Devon Energy Corporation has been the crucial matter of various investment decisions. Mission Wealth Management LP and Janney Montgomery Scott LLC reduced holdings, while Private Advisor Group LLC sold shares, and Norden Group and Tradewinds Capital Management took new investment positions. The firm's stock witnessed fluctuating performance, underperforming on some days while outpacing competitors on others. The company is majorly owned by institutional owners, with a stake of 71%. Q1 2024 earnings surpassed EPS estimates and also saw an increase in dividends. An EVP of the company, Tana Cashion, sold off some of her shares. The uptrend in DVN's stock is attributed to the company's strong financials. Some analysts cut their estimates for Devon Energy, but it's still a trending stock that consumers are heavily interested in. The organization also released their Q1 earnings for 2024 and encountered an analyst downgrade from StockNews.com to 'Hold'. The future of Devon Energy looks optimistic, and investors should keep an eye on it.
Devon Energy Corporation DVN News Analytics from Mon, 23 Oct 2023 07:00:00 GMT to Sun, 07 Jul 2024 15:26:03 GMT -
Rating 4
- Innovation -2
- Information 9
- Rumor -5
