Advertising
Showing 1 to 15 of 42 entries

Unlock Panic-Proof Portfolio and Top Stock Picks

Become a member Or, Sign In
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
BUY
You need to own oil as crude oil is hammered as Russian oil is cut off spending. He doesn't believe the new lockdowns in China have a lasting effect (the lockdowns are temporary), unless there's a cut-off in Russian energy supplies. His favourite oil names are Chevron for their steady dividend, and Devon which returns a lot of cash flow to investors through a variable dividend instead of drilling recklessly.
oil / gas
BUY
Well run company that is good at returning capital. Currently pursuing exact strategy investors want. US energy companies trading a premium compared to Canadian energy companies. Good company for investors who want income.
oil / gas
BUY
By far, energy is the hottest sector. Devon is among the best exploration and production companies (E&P). It pays a bountiful variable dividend. He recently bought this.
oil / gas
BUY
Among the 10 top performers on the S&P of 2021 #1. Up 179% in 2021. The best-run oil company. It began the year with a merger. Their variable dividend last year that put them atop the S&P in terms of yield, now 7.4%. The new CEO is drilling for more crude with less capital, yet returning a lot of money to investors. He expects another strong year for Devon and the oil industry. Peers are copying Devon's model.
oil / gas
BUY
Options trading A beta name. He's been buying energy this year. Devon has had a great run this year and maybe more to come. 4,000 of the April $49 calls were bought today at $2.80 to over $3.00. Devon is retracing its July 2018 highs, so he sees more room to run. He bought.
oil / gas

Unlock the Weekly Buzzing Stocks

Become a member Or, Sign In
TOP PICK
Raymond James upgraded the stock to a strong buy recently. Oil and natural gas has performed this year. The company pays a huge variable dividend. Social media mentions have increased 2100% in the past 24 hours.
oil / gas
BUY
This year so far, oil and natural gas prices have gone nuts. American oil producers have finally got religion by no longer endlessly drilling, but by returning capital to shareholders. Devon pays a huge variable dividend.
oil / gas
BUY
They're returning capital to shareholders rather than wasting their money on endless drilling. They're now paying a variable dividend, which means very high yields given the high price of oil, though slightly down from its high.
oil / gas
BUY
He was surprised to learn that Devon is the second-best performer int he first half of 2021. returned to shareholders.What really sets this apart is its 6% dividend yield. Last night, it reported a strong quarter and dividend increase.
oil / gas
Showing 1 to 15 of 42 entries

Devon Energy Corp(DVN-N) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 15

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 15

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, 15 stock analysts published opinions about DVN-N. 15 analysts recommended to BUY the stock. 0 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?

15 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 2022-07-01, Devon Energy Corp (DVN-N) stock closed at a price of $55.11.