Devon energy stock forecast.

The past 12 months haven't been good for Devon Energy's stock, however, which is down over 22%, compared to the S&P 500 energy sector's 15% gains during that span. Much of that can be attributed ...Looking ahead, we forecast Devon Energy to be priced at 44.14 by the end of this quarter and at 41.21 in one year, according to Trading Economics global ...Market value: $77.7 billion. TipRanks consensus price target: $147.50 (10.6% upside potential) TipRanks consensus rating: Strong Buy. EOG Resources ( EOG, $133.39) is an American company engaged ...A stock's price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts ...

Devon Energy produced $1.9 billion of operating cash flow in the fourth quarter, up 18% year over year. It was enough money to fund its capital program with about $1.1 billion to spare.A high-level overview of Devon Energy Corporation (DVN) stock. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and ...

This week, Raymond James hiked its price target on Devon's stock to $87 from $83, and Argus Research lifted its price target to $90 from $77. With shares trading around $71 as of this writing ...

Currently, Devon Energy Corp’s price-earnings ratio is 7.7. Devon Energy Corp’s trailing 12-month revenue is $15.4 billion with a 23.2% profit margin. Year-over-year quarterly sales growth most recently was -29.4%. Analysts expect adjusted earnings to reach $5.860 per share for the current fiscal year.The good news, alongside the insider buying, for Devon Energy bulls is that insiders (collectively) have a meaningful investment in the stock. Indeed, they have a considerable amount of wealth ...The past 12 months haven't been good for Devon Energy's stock, however, which is down over 22%, compared to the S&P 500 energy sector's 15% gains during that span. Much of that can be attributed ...Devon Energy is profitable with WTI in the $70s. Read why a revised dividend policy and increased buyback program are reasons to be bullish on DVN stock. ... Valuation, Free Cash Flow Forecasts.

Shares of Devon Energy ( DVN -0.24%) slumped 14.7% in February, according to data provided by S&P Global Market Intelligence. The oil stock fell due to lower oil prices and the company's fourth ...

Apr 10, 2023 · Devon Energy's stock price slump has shares trading at a compelling valuation based on the cash flows it can produce at $80 crude oil. Devon Energy trades at about an 8% free cash flow yield at ...

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.Estimates: Analysts forecast earnings of $3.03 per share vs. 32 cents in the year-ago quarter. Revenue is expected at $9.8 billion, ... Shale Oil Producer Stocks: Devon Energy Earnings.Meats and his team forecasts the marginal cost of production--the minimum price for oil that E&P firms need to turn a profit--to be $55 for WTI crude and $60 per barrel for Brent crude, well below ...Where will Devon Energy Stock Be In 1 Year? – Financhill 70 2 AEP 66 4 MAT 36 3 RL 59 4 KHC 61 2 NEE 52 2 PRGO 39 2 GOOG 59 -4 CMS 65 4 BF.B 57 2 PX 23 3 L 54 2 MU …Devon Energy ( NYSE: DVN) is a large upstream company with a market capitalization of $30 billion. The company's share price has suffered recently, down almost 20% YTD, as the market has remained ...

Get the latest Diamondback Energy Inc (FANG) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.The outlook for Devon Energy looks promising, so current prices could be a good entry point for investors looking to begin a stake. Stefon Walters has no position in any of the stocks mentioned.The good news, alongside the insider buying, for Devon Energy bulls is that insiders (collectively) have a meaningful investment in the stock. Indeed, they have a considerable amount of wealth ...Devon Energy Stock Forecast Over the next 52 weeks, Devon Energy has on average historically risen by 17.3% based on the past 35 years of stock performance. Devon Energy has risen higher in 19 of those 35 years over the subsequent 52-week period, corresponding to a historical accuracy of 54.29% On average, Wall Street analysts predict. that Devon Energy's share price could reach $58.42 by Nov 29, 2024. The average Devon Energy stock price prediction forecasts a …Nov 29, 2023 · The average twelve-month price prediction for Devon Energy is $57.82 with a high price target of $77.00 and a low price target of $48.00. Learn more on DVN's analyst rating history. Do Wall Street analysts like Devon Energy more than its competitors? Analysts like Devon Energy more than other Oils/Energy companies.

3 Top Stocks That Will Make You Richer in 2024 (and Beyond) After a forgettable 2023, these three energy companies are poised to provide good long-term results for investors. Find the latest Devon Energy Corporation (DVN) stock quote, history, news and other vital information to help you with your stock trading and investing.Devon Energy Corp. has an incredibly strong balance sheet coming off of the back of the strongest year in its history. Read for our current take on DVN stock.

Dividend History Summary. Devon Energy (DVN) announced on November 7, 2023 that shareholders of record as of December 14, 2023 would receive a dividend of $0.77 per share on December 29, 2023. DVN ...Jun 1, 2022 · DVN’s stock continued its bull run since the start of 2022, closing at $45.57 in early January and has been on an upward trajectory since then. The stock surged 10% on 3 May after the company reported stronger-than-expected first-quarter earnings, the biggest single-day gain so far for this year. Cenovus Energy Inc () Stock Market info Recommendations: Buy or sell Cenovus Energy stock? Wall Street Stock Market & Finance report, prediction for the future: You'll find the Cenovus Energy share forecasts, stock quote and buy / sell signals below.According to present data Cenovus Energy's CVE shares and potentially its market environment have …Nov 30, 2023 · Get a real-time Devon Energy Corporation (DVN) stock price quote with breaking news, financials, statistics, charts and more. ... The 12-month stock price forecast is ... Find the latest Devon Energy Corporation (DVN) stock discussion in Yahoo Finance's forum. Share your opinion and gain insight from other stock traders and investors.This China EV maker should not be worth so much less than Tesla, Bernstein says. The setup for shares of Devon Energy looks rosier despite its recent streak of underperformance, according to ...

Enter Symbol. Devon Energy Corporation based in Oklahoma City is an independent energy company engaged primarily in the exploration, development and production of oil and natural gas. The company ...

Devon Energy. Market Cap. $29B. Today's Change. Current Price. $44.91. Price as of November 30, 2023, 3:43 p.m. ET. You’re reading a free article with opinions that may differ from The Motley ...

Analyst Price Forecast Suggests 25.28% Upside As of August 31, 2023, the average one-year price target for Devon Energy is 61.37. The forecasts range from a low of 50.50 to a high of $82.95.See Devon Energy Corporation (DVN) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades. DVAX Stock Forecast & Price Target - TipRanks.com. Find out what the experts think about the future of Dynavax Technologies, a biopharmaceutical company developing vaccines and immunotherapies. Compare DVAX with other stocks in the same industry and see how it ranks among the best performers.Jun 26, 2023 · While oil is currently in a bear market, a bull market is coming. Here are three reasons why now is a great time to buy shares of Devon Energy ( DVN 0.42%) ahead of the next oil bull market. Collapse. The forecast is for Devon Energy to generate a ~$6 EPS going forward. ... the stock is too cheap to ignore here. Devon Energy remains by far one of the cheapest energy stocks in the sector.Devon Energy (DVN 0.42%) is also ... Higher oil prices are in the forecast. ... Is Devon Energy the Best Dividend Stock for You? These High-Yield Energy Stocks Got Crushed in 2023.Monday dawned bright for investors in the American oil and gas sector, as shares across the industry, from producers Occidental Petroleum ( OXY -0.54%) and Devon Energy ( DVN 0.45%) to refiner ...Devon Energy Stock Forecast 12-05-2023. Forecast target price for 12-05-2023: $45.86. Positive dynamics for Devon Energy shares will prevail with possible ...

Devon Energy Corporation DVN offers a dividend yield of 7.32% or $5.40 per share annually, making quarterly payments, with a decent track record of increasing its dividends for four consecutive years.That forecast has shares of Devon Energy trading at a bargain price. As that slide shows, Devon trades at around an 11% free cash flow yield based on the cash flow it can produce at an average oil ...Share of Devon Energy ( DVN -0.20%) hugely underperformed the broader market in the first half of 2023, falling 21.4% according to data provided by S&P Global Market Intelligence. The S&P 500 ...Instagram:https://instagram. motorcycle insurance usaabest cryptocurrency brokerssuncar stocknasdaq crmt Devon Energy Stock Forecast 12-06-2023. Forecast target price for 12-06-2023: $ 44.97. Negative dynamics for Devon Energy shares will prevail with possible volatility of 2.171%. Pessimistic target level: 44.26. Optimistic target level: 45.24.Shares of Devon Energy (DVN 0.42%) have slumped about 35% over the past year. That's largely due to lower oil prices, which affected the company's oil-fueled variable dividend. timberland reitrycey stocktwits Nov 28, 2023 · Devon Energy Stock Forecast 2025-2029. These five years would bring an increase: Devon Energy price would move from $52.97 to $92.25, which is up 74%. Devon Energy will start 2025 at $52.97, then soar to $56.66 within the first six months of the year and finish 2025 at $58.11. That means +27% from today. Devon Energy Stock Forecast 2030-2034 Devon Energy DVN is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect … is startengine worth it Devon Energy stock forecast, DVN price prediction Buy or sell Devon Energy Corp shares. Are you considering investing in DVN stock? As a leading independent ...Check price target & stock forecast for Devon Energy here>>> While the ABR calls for buying Devon Energy, it may not be wise to make an investment decision solely based on this information.Current Price. $45.30. The independent oil producer has been a massive winner. But these two alternative stocks look like better buys right now. Devon Energy ( DVN -0.78%) has been a massive ...