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Devon Energy Corp

DVN-N

NYSE:DVN

25.62
0.37 (1.42%)
Devon Energy Corporation is an American independent natural gas, natural gas liquids, and petroleum exploration company focused on onshore exploration and production in North America.
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Analysis and Opinions about DVN-N

Signal
Opinion
Expert
Chart
PAST TOP PICK
PAST TOP PICK
July 20, 2021
(A Top Pick Jan 19/21, Up 29.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with DVN has triggered its stop at $26. We recommend covering the balance of the position at this time. Combined with the previous recommendation to cover 50% of the position, this results in a net investment return over 29%.
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(A Top Pick Jan 19/21, Up 29.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with DVN has triggered its stop at $26. We recommend covering the balance of the position at this time. Combined with the previous recommendation to cover 50% of the position, this results in a net investment return over 29%.
PAST TOP PICK
PAST TOP PICK
July 13, 2021
(A Top Pick Jan 19/21, Up 43.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with DVN is progressing well. We now recommend trailing up the stop (from $20) to $26. If triggered, this would all but guarantee a minimum investment return of 29%, considering our past recommendation to cover 50%.
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(A Top Pick Jan 19/21, Up 43.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with DVN is progressing well. We now recommend trailing up the stop (from $20) to $26. If triggered, this would all but guarantee a minimum investment return of 29%, considering our past recommendation to cover 50%.
PAST TOP PICK
PAST TOP PICK
March 9, 2021
(A Top Pick Jan 19/21, Up 29.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with DVN has achieved its $26 objective. We now recommend covering 50% of the position to remain disciplined. We also recommend trailing up the stop to $20 (near the original recommended entry) to all but ensure a minimum investment return exceeding 14%.
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(A Top Pick Jan 19/21, Up 29.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with DVN has achieved its $26 objective. We now recommend covering 50% of the position to remain disciplined. We also recommend trailing up the stop to $20 (near the original recommended entry) to all but ensure a minimum investment return exceeding 14%.
TOP PICK
TOP PICK
January 19, 2021
Stockchase Research Editor: Michael O'Reilly As COVID-19 vaccines roll out around the world, there is the expectation that economies will begin turning back up and energy demand will rise accordingly. DVN has managed to keep debt under control (with none due until after 2025), see positive cash flow over the past 12 months, and devise a dividend strategy that is market responsive. All this because of the quality of assets. We would buy this with a stop-loss at $14, looking to achieve $26 -- upside of 30%. Yield 2.25% (Analysts’ price target is $25.70)
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Devon Energy Corp (DVN-N)
January 19, 2021
Stockchase Research Editor: Michael O'Reilly As COVID-19 vaccines roll out around the world, there is the expectation that economies will begin turning back up and energy demand will rise accordingly. DVN has managed to keep debt under control (with none due until after 2025), see positive cash flow over the past 12 months, and devise a dividend strategy that is market responsive. All this because of the quality of assets. We would buy this with a stop-loss at $14, looking to achieve $26 -- upside of 30%. Yield 2.25% (Analysts’ price target is $25.70)
DON'T BUY
DON'T BUY
March 8, 2019
This is not a bad name. He sees risk on the asset disposition. The list of buyers for Canadian oil sand properties is not that extensive. If you want US exposure he would go elsewhere.
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This is not a bad name. He sees risk on the asset disposition. The list of buyers for Canadian oil sand properties is not that extensive. If you want US exposure he would go elsewhere.
Eric Nuttall
Price
$26.710
Owned
No
PAST TOP PICK
PAST TOP PICK
March 13, 2014

(A Top Pick March 12/13. Up 15.11%.) This one should lag in a rising boat environment for energy stocks, but should give you more protection on the downside. Still gives you some attractive value. Debt levels are coming down and they are redeploying cash into both US and Canadian operations. Thinks this could add another 15% this year.

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(A Top Pick March 12/13. Up 15.11%.) This one should lag in a rising boat environment for energy stocks, but should give you more protection on the downside. Still gives you some attractive value. Debt levels are coming down and they are redeploying cash into both US and Canadian operations. Thinks this could add another 15% this year.

Robert Lauzon
Price
$62.590
Owned
Yes
COMMENT
COMMENT
October 1, 2013

There is a trading range, somewhere between $50 and $60. It is currently near the top of its trading range. If it broke up through $61, he would be all over it.

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There is a trading range, somewhere between $50 and $60. It is currently near the top of its trading range. If it broke up through $61, he would be all over it.

Keith Richards
Price
$58.600
Owned
Unknown
TOP PICK
TOP PICK
March 12, 2013

Known as a gas name but they are moving more towards liquids and oils so it gives a bit of a mix on the commodity side. Management has seen that their stock has underperformed their peers and are looking at all initiatives to unlock value within Devon.

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Known as a gas name but they are moving more towards liquids and oils so it gives a bit of a mix on the commodity side. Management has seen that their stock has underperformed their peers and are looking at all initiatives to unlock value within Devon.

Robert Lauzon
Price
$55.860
Owned
Yes
DON'T BUY
DON'T BUY
August 1, 2012

When he looks at commodities, one of the things he insists upon is not sacrificing the role that dividends pay in long-term rates of return. This is the kind of company that has an alright but not great asset base, alright but not great balance sheet and a so-so dividend yield of about 1.25%. Outlook for oil and natural gas prices is pretty mediocre in this environment.

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When he looks at commodities, one of the things he insists upon is not sacrificing the role that dividends pay in long-term rates of return. This is the kind of company that has an alright but not great asset base, alright but not great balance sheet and a so-so dividend yield of about 1.25%. Outlook for oil and natural gas prices is pretty mediocre in this environment.

Charles Lannon
Price
$57.060
Owned
No
HOLD
HOLD
March 18, 2010
Fine company with great assets and exploration interests. Could be a takeout candidate. (With US stocks, a 10% loss on currency would mean you should have a 25% gain on the stock.)
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Fine company with great assets and exploration interests. Could be a takeout candidate. (With US stocks, a 10% loss on currency would mean you should have a 25% gain on the stock.)
PAST TOP PICK
PAST TOP PICK
June 16, 2008
(A Top Pick Aug 8/07. Up 50%.) Gas weighted. Really good reserve growth. Best Reserves in the US. Still going higher.
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(A Top Pick Aug 8/07. Up 50%.) Gas weighted. Really good reserve growth. Best Reserves in the US. Still going higher.
John Stephenson
Price
$116.460
Owned
Yes
TOP PICK
TOP PICK
August 21, 2007
Gas weighted. Have the best reserves and the best production growth. The big focus is on the Barnett Shale, which is the most prolific region in the US.
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Gas weighted. Have the best reserves and the best production growth. The big focus is on the Barnett Shale, which is the most prolific region in the US.
John Stephenson
Price
$73.270
Owned
Yes
TOP PICK
TOP PICK
August 8, 2007
In probably the most prolific play in the US, a region near the Fort Worth area. Have the best record of adding to their reserves as well as the best quality reserves.
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In probably the most prolific play in the US, a region near the Fort Worth area. Have the best record of adding to their reserves as well as the best quality reserves.
John Stephenson
Price
$78.900
Owned
Yes
BUY
BUY
August 31, 2006
US energy stocks get no respect. He has a model price of $80.80 which is a 32% positive differential. Big earnings going on their balance sheet.
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US energy stocks get no respect. He has a model price of $80.80 which is a 32% positive differential. Big earnings going on their balance sheet.
Brian Acker, CA
Price
$62.490
Owned
Yes
BUY
BUY
March 27, 2006
A terrific company. Has great natural gas reserves. It's at an attractive price right now. A better buy now than it has been for a couple of years.
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A terrific company. Has great natural gas reserves. It's at an attractive price right now. A better buy now than it has been for a couple of years.
David Baskin
Price
$60.610
Owned
No
Showing 1 to 15 of 27 entries

Devon Energy Corp(DVN-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 3

Stockchase rating for Devon Energy Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Devon Energy Corp(DVN-N) Frequently Asked Questions

What is Devon Energy Corp stock symbol?

Devon Energy Corp is a American stock, trading under the symbol DVN-N on the New York Stock Exchange (DVN). It is usually referred to as NYSE:DVN or DVN-N

Is Devon Energy Corp a buy or a sell?

In the last year, 3 stock analysts published opinions about DVN-N. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Devon Energy Corp.

Is Devon Energy Corp a good investment or a top pick?

Devon Energy Corp was recommended as a Top Pick by The Panic-Proof Portfolio (Stockchase Research) on 2021-07-20. Read the latest stock experts ratings for Devon Energy Corp.

Why is Devon Energy Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Devon Energy Corp worth watching?

3 stock analysts on Stockchase covered Devon Energy Corp In the last year. It is a trending stock that is worth watching.

What is Devon Energy Corp stock price?

On 2021-07-23, Devon Energy Corp (DVN-N) stock closed at a price of $25.62.