From Zacks Investment Research: 2025-05-16 16:02:00

Devon Energy Corporation’s (DVN) shares have gained 1.6% in the year-to-date period, outperforming the Oil & Gas- Exploration and Production- United States industry and the broader Oil and Energy sector. In the past year, DVN’s stock has declined 32.7%, showing signs of gradual recovery. Factors contributing to DVN’s stable performance include a well-balanced commodity mix, strategic acquisitions, and a low-cost operating model. Despite a decline in earnings estimates, DVN’s shares are trading at a discount and offer a better return on invested capital than the industry average. Investors may consider retaining DVN in their portfolio or wait for a better entry point.



Read more at Zacks Investment Research: Devon Outperforms Industry Year to Date: How to Play the Stock? – May 16, 2025