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DVN

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1d
1w
1m

Analysis and statistics

  • Open
    33.578$
  • Previous Close
    34.1401$
  • 52 Week Change
    18.90$
  • Day Range
    -0.56$
  • 52 Week High/Low
    25.709$ - 44.6048$
  • Dividend Per Share
    0.0339
  • Market cap
    21 444 M$
  • EPS
    0.84
  • Beta
    1.109
  • Volume
    --

About

DVN.US represents Devon Energy Corporation, an independent energy company primarily engaged in the exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs) in the United States. Its operations are focused on resource-rich onshore basins, particularly in the Delaware Basin, Anadarko Basin, and Powder River Basin. Devon Energy's stock is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol DVN.

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Factors

Oil Prices: Devon Energy's revenue is directly tied to oil and gas prices. Higher prices boost profits, increasing stock value, lower prices decrease profits, lowering stock value. Production Volumes: The amount of oil and gas Devon Energy extracts and sells significantly impacts its financial performance. Increased production drives revenue and can positively influence the stock price. Operating Costs: Devon Energy's efficiency in controlling drilling, extraction, and transportation costs affect its profitability. Lower operating costs lead to higher earnings, potentially increasing the stock price. Industry Trends: The overall health and outlook of the oil and gas industry influence investor sentiment towards Devon Energy. Positive industry trends often lead to increased investment and higher stock prices. Economic Conditions: Global and national economic conditions impact energy demand. A strong economy typically translates to increased energy consumption, potentially boosting Devon Energy's performance. Company Performance: Devon Energy's financial reports, including earnings, revenue, and profit margins, are key indicators for investors. Strong performance generally leads to a higher stock price. Reserve Estimates: Devon Energy's proven oil and gas reserves are a critical asset. Larger reserves provide a longer production runway, instilling investor confidence. Debt Levels: High debt levels can increase financial risk. Investors monitor Devon Energy's debt-to-equity ratio as a signal of financial stability and its impact on the stock price.

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