Devon energy stock forecast.

Devon Energy is set to benefit from higher oil prices, and it is likely to reward investors with higher dividends as it does. Devon Energy ( DVN 0.13%) is not the type of stock that a conservative ...

Devon energy stock forecast. Things To Know About Devon energy stock forecast.

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.In the dynamic world of stock trading, analysts and investors closely observe the projected highs and lows of Devon Energy shares. Our integrated forecast predicts a peak price of $49.38 in the forthcoming 30 days, indicating the zenith of the stock's potential performance.Devon Energy is the stock investors should own if they want to guard against geopolitical uncertainty right now, CNBC’s Jim Cramer said Friday. The “Mad Money” host interviewed the company ...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.

132.08%. Get the latest Devon Energy Corp (DVN) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.Estimation of the future price movement of Devon Energy stock, based on various factors such as historical price trends, market trends, company performance, and ...November 7, 2023 at 4:45 PM · 3 min read. Devon Energy Corp ( NYSE:DVN) reported a significant increase in third-quarter earnings with net earnings of $910 million. Free cash flow more than ...

Oct 19, 2023 · 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. 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 ...

Dollar Volume Sold Short. $535.56 million. Short Interest Ratio / Days to Cover. 1.3. Last Record Date. October 31, 2023. Outstanding Shares.London Stock Market & Finance report, prediction for the future: You'll find the Devon Energy share forecasts, stock quote and buy / sell signals below. According to present data Devon Energy's 0I8W shares and potentially its market environment have been in bearish cycle last 12 months (if exists). Devon Energy (DVN) delivered earnings and revenue surprises of 2.35% and 10.58%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?While Devon Energy Corporation shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 21% in the last quarter. But that doesn ...Sep 9, 2023 · In the wake of Devon Energy Corporation's (NYSE:DVN) latest US$1.4b market cap drop, institutional owners may be forced to take severe actions

Meanwhile, they see it falling to $6.26 per share in 2024, giving it a 10.1% free-cash-flow yield at the current stock price. While that forecast suggests Devon's dividend won't be quite as high ...

Over the last three quarters as energy stocks drove the market indexes, Devon Energy pumped out a whopping 4,817% average quarterly earnings growth. For the current quarter, analysts forecast a ...

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 ...Because of that, now looks like a good time to consider buying oil stocks. Enbridge ( ENB 0.89%), Devon Energy ( DVN 0.45%), and Chevron ( CVX 0.84%) stand out to a few Fool.com contributors as ...Devon Energy ( DVN 0.42%) has taken a beating over the past year. Shares of the oil company currently sit about 35% below their 52-week high. Higher costs and lower oil prices have weighed down ...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 ...Fool.com contributor Parkev Tatevosian looks at Devon Energy ( DVN 0.20%) and how it has benefited from higher oil prices in recent quarters. *Stock prices used were the afternoon prices of June ...

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. ...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.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 Corp stocks price quote with latest real-time prices, charts, financials, latest news, ... The Barchart Technical Opinion rating is a 100% Sell with a Strengthening short term outlook on maintaining the current direction. Long term indicators fully support a continuation of the trend. See More Share.That makes them great oil stocks to buy as oil prices rally. Pioneer Natural Resources ( PXD 0.77%), Devon Energy ( DVN 0.20%), and Marathon Oil ( MRO 0.51%) stand out from the crowd as the top ...What are analysts forecasts for Devon Energy stock? The 98 analysts offering price forecasts for Devon Energy have a median target of 71.15, with a high estimate of 102.00 and a low estimate of 48.00.

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 company has a larger forecast dividend at the current WTI price, plus offering the potential for share buybacks. Read more on DVN stock.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.Sep 9, 2023 · In the wake of Devon Energy Corporation's (NYSE:DVN) latest US$1.4b market cap drop, institutional owners may be forced to take severe actions Apr 21, 2023 · For the current quarter, Devon Energy is expected to post earnings of $1.44 per share, indicating a change of -23.4% from the year-ago quarter. The Zacks Consensus Estimate has changed -10.1% over ... May 15, 2023 · Devon Energy's ( DVN 0.64%) fortunes rise and fall with oil prices. The oil company's stock price initially skyrocketed in 2022, surging more than 75% as crude prices rallied following Russia's ... 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 ...

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 ...

May 22, 2023 · 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 CORP is a large-cap value stock in the Oil & Gas Operations industry. The rating using this strategy is 94% based on the firm’s underlying …Aug 2, 2023 · Devon Energy (DVN-0.93%) did it again. The oil and gas producer began reducing its dividend payout in the fourth quarter of 2022. Devon cut its dividend two additional times earlier this year. Key Points. Devon Energy is a U.S. oil and gas driller with a huge 9% dividend yield. The company's financial results are directly tied to the ups and downs of energy prices. Its dividend, at ...View Devon Energy Corporation DVN investment & stock information. Get the latest Devon Energy Corporation DVN detailed stock quotes, stock data, Real-Time ECN, charts, stats and more.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.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 average price target for Devon Energy is $57.00. This is based on 19 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $79.00 ,the lowest forecast is $47.00. The average price target represents 25.66% Increase from the current price of $45.36. 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.Check price target & stock forecast for Devon Energy here>>> The ABR suggests buying Devon Energy, but making an investment decision solely on the basis of this information might not be a good idea.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 ...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.

At the end of the month 67.19 dollars, change for August -0.2%. Devon Energy stock price forecast for September 2025. In the beginning at 67.19. Maximum 74.65, minimum 63.59. The averaged price 68.64. At the end of the month 69.12 dollars, change for September 2.9%. Devon Energy stock prediction for October 2025.Sep 12, 2023 · 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 ... 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. 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.Instagram:https://instagram. forex.com reviewbest day trading futures platformev charging companies stockland reit 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 ...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 … dentalplans com reviewover s Devon Energy ( DVN 0.42%) has taken a beating over the past year. Shares of the oil company currently sit about 35% below their 52-week high. Higher costs and lower oil prices have weighed down ... ria investments Devon Energy got a big boost from higher oil and gas prices last year. Its free cash flow more than doubled to $6 billion. That gave it the funds to pay a gusher of dividends, repurchase stock ...Dividend Summary. The next Devon Energy Corp. dividend will go ex in 12 days for 20c and will be paid in 27 days . The previous Devon Energy Corp. dividend was 29c and it went ex 3 months ago and it was paid 2 months ago . There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 4.0. …