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Investor Insights

This summary was created by AI, based on 8 opinions in the last 12 months.

Devon Energy Corp (DVN-N) is a natural gas producer with a focus on cost-efficiency and strategic investments. Despite challenges in the energy market, the company has been prudent in managing its finances, reducing debt, and investing in share buybacks. While the stock has faced fluctuations and market resistance, recent strong earnings and production growth indicate potential for future growth. The company also offers a healthy dividend and has several upcoming pipeline projects that can further boost profitability.

Consensus
Mixed
Valuation
Undervalued
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This is 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
Devon Energy Corp
Stockchase Research Editor: Michael O'Reilly

DVN is one of the lowest cost natural gas producers in the US.  They recently invested in a 2 bcfd pipeline to move their production from the under-piped Permian region to the Gulf Coast.  They have been prudently deploying some cash reserves to reduce debt and buy back shares.  It trades at 6x earnings, 1.4x book, and supports a 26% ROE.  Its healthy dividend is backed by a payout ratio under 40% of cash flow.  We recommend setting a stop-loss at $25, looking to achieve $40 -- upside potential of 28%.  Yield 4.7%

(Analysts’ price target is $50.12)
oil / gas
BUY ON WEAKNESS
Devon Energy Corp

The CEO just left and shares are at a 52-week low. Also, the street expects oil to fall $10 a barrel. Start buying some of this.

oil / gas
DON'T BUY
Devon Energy Corp

Is down 13% this year. She's growing short on this. Energy stocks are hit and miss--you pick your spots. The market simply doesn't like Devon.

oil / gas
BUY
Devon Energy Corp

A pipeline from the Permian to the Gulf of Mexico will come online, the Matterhorn, which will increase the flow of oil as well as natural gas, which has been trading at a negative price this year. So, the producers will be much more profitable. Two more pipelines are coming and will support the oil price and their companies. She likes Devon, paying a 5% yield and will benefit from the Matterhorn.

oil / gas
DON'T BUY
Devon Energy Corp

It continues to frustrate, though earnings this quarter were very strong. The market doesn't like this name. Shares continue to do nothing.

oil / gas
BUY
Devon Energy Corp

They just reported a strong quarter, perhaps one of the best in oil beating in earnings and oil production. Also, they raised full-year production guidance. Will rise when the Fed cuts interest rates. They pay generous dividends and buybacks.

oil / gas
WEAK BUY
Devon Energy Corp

Has decent share appreciation and pays strong dividends.

oil / gas
COMMENT
Devon Energy Corp

Has underperformed in energy, but is breaking above $46 now. She's bullish energy for the rest of the year.

oil / gas
DON'T BUY
Devon Energy Corp

Oil is in a glut now, and you can't own a commodity stock when that commodity is in a glut.

oil / gas
HOLD
Devon Energy Corp

The CEO will turn things around, but the free cash flow yield last year was 9% and below 3% this year. They need to fix that to attract share-buyers.

oil / gas
DON'T BUY
Devon Energy Corp

Devon is levered to the price of crude oil, which is why both are down.

oil / gas
BUY
Devon Energy Corp

Good time to buy with weakness in share price.
Very attractive increase in USA.
Producing record amounts of cash.
Good value investment for the long term.

oil / gas
HOLD
Devon Energy Corp

Generates decent variable income. Cash yield next year should be 12% with $80 oil, 16% if oil is $100. It's fine, but if you're an oil bull the way he is, this name doesn't fit the thesis.

oil / gas
DON'T BUY
Devon Energy Corp

He doesn't like oil and expects it to go lower. He wishes he didn't own any.

oil / gas
BUY ON WEAKNESS
Devon Energy Corp

They missed their quarter badly, and he doesn't expect the CEO to repeat that. Shares have fallen so low that you can step into this.

oil / gas
Showing 1 to 15 of 72 entries

Devon Energy Corp(DVN-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 7

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, 7 stock analysts published opinions about DVN-N. 4 analysts recommended to BUY the stock. 3 analysts 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?

7 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 2025-01-14, Devon Energy Corp (DVN-N) stock closed at a price of $37.18.