BUY
She's bullish oil. Devon trades at 7x PE and pays nearly a 8% dividend.
oil / gas

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DON'T BUY
Model price of $119.81, upside of 77%. Oils have done very well. Going forward, bearish on commodity producers. He can't recommend it until we see where we're going with the economy, recession, currencies, etc.
oil / gas
premium

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Sep 20/22, Up 20%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with DVN is progressing well. To remain disciplined, we now recommend trailing up the stop (from $54) to $60.
oil / gas
BUY
A big position for him and it will remain strong.
oil / gas
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It’s a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly We reiterate this leading US E&P company. The company just signed a deal with a midstream company that will develop their LNG reach by up to 2 million tons annually -- a nice cash flow generator. It trades at only 8x earnings, well below its peer group and recent earnings support a 48% ROE. The dividend has a fixed and floating component, so the yield may not remain this high, so it is a bit of a call on forward energy prices -- a good inflation hedge. We continue to recommend a stop loss at $54, looking to achieve $79.50 -- upside potential over 23%. Yield 7% (Analysts’ price target is $79.39)
oil / gas
BUY
Excellent company that provides strong dividend. 10 year of stay flat inventory (Permian focused). Good company if want yield. Capital appreciation will not be as much as other names.
oil / gas
premium

It’s a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jun 28/22, Up 17%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK is progressing well. We now recommend trailing up the stop (from $43) to $54.
oil / gas
BUY
Likes their cash flow and dividends.
oil / gas
BUY on WEAKNESS
Devon Energy has lost 25 straight points (which is ridiculous) in a round trip.
oil / gas
premium

It’s a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly DVN continues to be upgraded by several analysts. It has increased its dividend for 5 consecutive years and it is backed by a payout ratio under 70% of next years projected earnings. The dividend has a fixed and floating component, so the yield may not remain this high, so it is a bit of a call on forward energy prices -- a good inflation hedge. Recent reported earnings beat expectations and support an impressive 36% ROE. It trades at 11x earnings. We like that it has been increasing cash reserves, while retiring debt early and buying back shares. We recommend setting a stop loss at $43, looking to achieve $81.50 -- upside potential over 37%. Yield 8.65% (Analysts’ price target is $81.21)
oil / gas
BUY
Oil is the best performing sector now as demand remains strong. Will probably do well with this stock or Exxon as long as oil stays strong. DVN had to sell off its Russian division. It boils down to whether you're in this space or now. DVN trades at an attractive 23% free cash flow yield.
oil / gas
BUY
It can both grow and maintain production. Free cash flow will go to dividends and not to re-investment. Most large oil companies are not re-investing in projects except to offset declines so an over-supply is not likely. The risk is management execution and commodity price.
oil / gas
STRONG BUY
She bought this yesterday when it fell 11%, because she's very bullish energy. They're buying back shares, lowering their debt, have a 16% free cash flow yield (S&P is 5%) and raised their dividend to 8%. They check all the boxes. She paid around $62 to hold it long term.
oil / gas
BUY
Devon is up 160% in the past year. The E&P companies are pricing maybe $65-75 oil, so as long as oil stays elevated they are minting cash. Yes, ESG pressures will cap what they can produce long term. So, they're making what they can now and paying that out to shareholders. It's still not expensive.
oil / gas
BUY
He loves the oil companies, loves Devon's massive variable dividend which they pioneered. They report Monday. Great CEO running a disciplined operation.
oil / gas
Showing 1 to 15 of 51 entries

Devon Energy Corp(DVN-N) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 17

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 18

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, 18 stock analysts published opinions about DVN-N. 17 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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?

18 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 2022-11-22, Devon Energy Corp (DVN-N) stock closed at a price of $68.57.