Devon energy stock forecast.
Dec 1, 2023 · The dividend payout ratio for DVN is: 13.68% based on the trailing year of earnings. 13.61% based on this year's estimates. 12.08% based on next year's estimates. 6.78% based on cash flow. This page (NYSE:DVN) was last updated on 12/2/2023 by MarketBeat.com Staff. Get 30 Days of MarketBeat All Access Free.
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.Key Points. Energy producer Devon Energy has a huge 9% dividend yield. That yield is backed by a variable dividend policy. Looking at the price of West Texas Intermediate crude, a lower payout ...Insiders At Devon Energy Have Bought Stock Recently Over the last quarter, Devon Energy insiders have spent a meaningful amount on shares. Overall, two insiders shelled out US$1.0m for shares in ...See Devon Energy Corporation (DVN) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades.Nov 27, 2023 · Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. The Devon Energy stock prediction results are shown below and presented as a graph, table and text information. Devon Energy stock forecasts are adjusted once a day based on the closing price of the previous trading day. The ...
The Insider Trading Activity of May Devon E on Markets Insider. Indices Commodities Currencies Stocks
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.
It could have much further to run, given the demand catalysts ahead. In light of that outlook, oil stocks look like screaming buys this April. Among those that stand out are Devon Energy ( DVN 0. ...Devon Energy (DVN 0.45%) is a U.S. focused energy producer with a unique way of returning value to investors. When things are going well it can be a wonderful stock to own, but when the highly ...Stock Price Forecast The 28 analysts offering 12-month price forecasts for Devon Energy Corp have a median target of 55.00, with a high estimate of 81.00 and a low estimate of …Energy companies did very well, including Devon Energy. In fact, its performance-linked dividend rose from a low of $0.09 per share in the first quarter of 2020 to a high of $1.55 in the third ...Devon Energy's stock price dropped by -27.9% in June and its shares have continued to decline in July, which is attributable to the weakness in oil prices. The short-term outlook is that DVN's ...
Stock Price Forecast The 28 analysts offering 12-month price forecasts for Devon Energy Corp have a median target of 55.00, with a high estimate of 81.00 and a low estimate of 47.00. The median estimate represents a +21.84% increase from the last price of 45.14.
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, an independent energy company, explores for, develops, and produces oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Anadarko, Williston, Eagle Ford, and Powder River Basin. The company was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.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 ...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.74.86. +0.25%. 17.03M. New. View today's Devon Energy Corporation stock price and latest DVN news and analysis. Create real-time notifications to follow any changes in the live stock price.Devon Energy (NYSE:DVN) Stock Forecast & Analyst Predictions - Simply Wall St View Valuation Devon Energy Future Growth Future criteria checks 1/6 Devon …On CNBC’s "Mad Money Lightning Round," Jim Cramer said he prefers Devon Energy Corporation (NYSE:DVN) over EOG Resources, Inc. ... On CNBC’s "Mad Money Lightning Round," Jim Cramer said he prefers Devon Energy Corporation...
Devon Energy (DVN) delivered earnings and revenue surprises of 0.85% and 9.23%, respectively, ... Buy these 2 solar stocks, analyst says, forecasting at least 90% upside potential.Devon Energy company has a larger forecast dividend at the current WTI price, plus offering the potential for share buybacks. Read more on DVN stock.Devon Energy Corp. analyst ratings, historical stock prices, earnings estimates & actuals. DVN updated stock price target summary.Nov 27, 2023 · Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. The Devon Energy stock prediction results are shown below and presented as a graph, table and text information. Devon Energy stock forecasts are adjusted once a day based on the closing price of the previous trading day. The ... For the current quarter, Devon Energy is expected to post earnings of $1.57 per share, indicating a change of -16.5% from the year-ago quarter. The Zacks Consensus Estimate has changed -16.7% over ...
In the dynamic world of stock trading, precise and comprehensive forecasts are crucial. For investors eyeing Devon Energy and its promising trajectory, we have …Oct 15, 2020 · The Devon Energy stock forecast is 91.398712205208 USD for 2024 December 04, Wednesday; and 304.162 USD for 2028 December 04, Monday with technical analysis. Devon Energy (DVN) stock price prediction is 91.398712205208 USD.
Devon Energy price target lowered to $77 from $79 at Stifel. The Fly • 4 days ago. Track Devon Energy Corp. (DVN) Stock Price, Quote, latest community messages, chart, news and other stock related information. Share your ideas and get valuable insights from the community of like minded traders and investors.Dollar Volume Sold Short. $535.56 million. Short Interest Ratio / Days to Cover. 1.3. Last Record Date. October 31, 2023. Outstanding Shares.Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. The Devon Energy stock prediction results are shown below and presented as a graph, table and text information. Devon Energy stock forecasts are adjusted once a day based on the closing price of the previous trading day. The ...Nov 2 (Reuters) - Shares of U.S. shale oil producer Devon Energy (DVN.N) slumped almost 13% on Wednesday on an outlook for higher than expected capital spending and lower than forecast fourth ...The latest price target for . Devon Energy (NYSE: DVN) was reported by Morgan Stanley on November 29, 2023.The analyst firm set a price target for $48.00 expecting DVN to rise to within 12 months ... 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.Jul 11, 2023 · Devon Energy : With crude oil ... As for the $4.96 billion Q1 profit, while it beat Wall Street forecasts, it was down 20% from $6.20 billion achieved in the Q1 prior year. ... BP is an energy ...
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 Stock Forecast 15 Nov. Presumably, on 11/15/2023, the price of shares will be in the range of $45.27 - $46.39. A $1.12 range width can provide 2.47% volatility. The weighted average price of this range is at $45.90, which is $0.23 lower than the previous day's weighted average price.
Still forecasts suggest that Devon Energy's future ROE will drop to 21% even though the the company's payout ratio is expected to decrease. This suggests that …Fool.com contributor Parkev Tatevosian evaluates Devon Energy (DVN 0.20%) stock to determine if the stock is a buy. *Stock prices used were the afternoon prices of Sept. 14, 2023. The video was ...Estimation of the future price movement of Devon Energy stock, based on various factors such as historical price trends, market trends, company performance, and ...The 17% decline in Devon Energy (NYSE: DVN) stock over the past year follows the drop in ... Devon expects volumes to grow to 653,000 barrels of oil equivalent at the midpoint of its forecast for ...Oct 30, 2023 · Devon Energy Stock Forecast 15 Nov. Presumably, on 11/15/2023, the price of shares will be in the range of $45.27 - $46.39. A $1.12 range width can provide 2.47% volatility. The weighted average price of this range is at $45.90, which is $0.23 lower than the previous day's weighted average price. ١٩/١٠/٢٠٢٣ ... Devon Energy's stock price has trended in the opposite direction of close competitors. ... The outlook for Devon Energy looks promising, so ...Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. The Devon Energy stock prediction results are shown below and presented as a graph, table and text information. Devon Energy stock forecasts are adjusted once a day based on the closing price of the previous trading day. The ...Here are three that are still on sale, amid what appears to be a rebound brewing in this space. XLE. Energy Select Sector SPDR Fund. $80.93. OXY. Occidental Petroleum. $58.77.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.
Several oil companies, including EOG Resources, Devon Energy, and Pioneer Natural Resources, plan to return the bulk of any oil-fueled windfall to shareholders. That makes them great oil stocks to ...Shares of Devon Energy (DVN 0.45%) fell more than 12% on Wednesday after the exploration and production leader increased its capital expenditures forecast. So what. Devon produced an average of ...Devon Energy Stock Forecast 15 Nov. Presumably, on 11/15/2023, the price of shares will be in the range of $45.27 - $46.39. A $1.12 range width can provide …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 ...Instagram:https://instagram. best stock to invest in on cash app right nowautomation stocksmoney market fund highest yieldconsumer stocks RE. Devon Energy Q3 Earnings, Revenue Decline. Nov. 07. MT. Devon Energy Corporation Provides Production Guidance for the Fourth Quarter for the 2023 and Full Year of 2024. Nov. 07. CI. Devon Energy Corporation Declares Dividend for the Second Quarter of 2023, Payable on December 29, 2023. Nov. 07.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 ... setting up a willzero sugar champagne Nov 30, 2023 · According to 14 stock analysts, the average 12-month stock price forecast for Devon Energy stock is $60.21, which predicts an increase of 33.89%. The lowest target is $48 and the highest is $82. On average, analysts rate Devon Energy stock as a buy. farming stocks The better oil stock to buy. Whether you buy Devon Energy or Kinder Morgan depends a great deal on your risk appetite. Devon Energy offers a massive 10% yield right now, but since its cash flows ...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 investment tools.