Devon Energy Corporation (NYSE:DVN) is among the 10 Best Natural Gas Stocks to Buy Right Now. Roth Capital reaffirmed a ‘Buy’ rating on DVN with a price target of $42, citing strong free cash flow generation and expected production growth in 2026.
In 2026, Devon Energy projects to maintain total output around 845,000 boed with oil production at 388,000 bpd. Capital investment is expected to decrease to $3.5-$3.7 billion, allowing the company to generate strong free cash flow even at low crude prices.
Devon Energy is exploring hydrogen as part of its energy transition and was also included in the 8 Best Hydrogen and Fuel Cell Stocks to Buy Now. However, some analysts believe other AI stocks offer greater upside potential and less downside risk.
For more insights on energy stocks, check out the 12 Best Crude Oil Stocks to Buy for Dividends and the 11 Best Performing Energy Stocks in 2025. No disclosures were made in this news report.
Read more at Yahoo Finance: Analyst Reiterates ‘Buy’ Rating on Devon Energy (DVN)
