Related posts

Oil and yields sink, stocks reboundYields and oil surge, stocks mixedFitch downgrade triggers selling
Investor Insights

This summary was created by AI, based on 6 opinions in the last 12 months.

The experts have mixed opinions on Devon Energy Corp. Some believe that the company is currently in a tough spot due to the oversupply of oil, leading to a decrease in share value and free cash flow yield. However, others see potential for the CEO to turn things around and view the company as a good long-term investment with attractive value and cash generation. Overall, it appears that Devon Energy Corp is facing challenges but also has the possibility for future growth.

Consensus
Mixed
Valuation
Undervalued
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
BUY
Devon Energy Corp

They missed a little on free cash flow, but dividend pays around 8%. Capex is inching higher and the street is watching this, wants more drilling. You don't buy an energy stock because you expect oil to surpass $100.

oil / gas
BUY
Devon Energy Corp

Natural gas prices are too low and will eventually rise.

oil / gas
DON'T BUY
Devon Energy Corp
Nat gas. His choice would be the Canadian market. He owns TOU, advantageous for Canadian investors and better valuation.
oil / gas
premium

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).

PAST TOP PICK
Devon Energy Corp
(A Top Pick Sep 20/22, Down 7.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with DVN has triggered its stop at $60. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 6%, when combined with our previous buy recommendation.
oil / gas
BUY
Devon Energy Corp
The yield is too good to ignore. Shares have slid with the price of oil, but are worth buying as oil bottoms (which predicts at $65).
oil / gas
HOLD
Devon Energy Corp
How far does oil have to go before the dividend looks unattractive? At $70 a barrel for oil, you will need to rethink things. He saw the bottom in oil at $72-73 when the price held. He'd hold onto Devon. Likes it very much.
oil / gas
BUY
Devon Energy Corp
She's bullish oil. Devon trades at 7x PE and pays nearly a 8% dividend.
oil / gas
DON'T BUY
Devon Energy Corp
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
Showing 1 to 15 of 64 entries

Devon Energy Corp(DVN-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 6

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, 6 stock analysts published opinions about DVN-N. 1 analyst 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?

6 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 2024-05-17, Devon Energy Corp (DVN-N) stock closed at a price of $49.62.