Devon energy stock forecast.

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 ...

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

The company is confident of increasing its annual dividend per share by 10% through "at least" 2024. So although NextEra Energy stock yields only 2.5%, which is far below Devon's yield, its steady ...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.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.Q: Investment web sites such as Yahoo list one-year price targets for stocks. How often are these correct? — Hal A: Simply put, these numbers… By clicking "TRY IT", I agree to receive newsletters and promotions from Money and its par...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.

Devon Energy Stock Forecast and Price Target If Devon Energy's stock price reached the average yearlong target of $54.50 given by fourteen well-known analysts in recent months, there would be a potential upside of approximately 21.19% from its last closing price in November, 2023.

Based on the Rule 16, the options market is currently suggesting that Devon Energy will have an average daily up or down price movement of about 2.17% per day ...Dec 1, 2023 · 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.

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.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 Corporation (DVN.NYSE) : Stock quote, stock chart, quotes, analysis, advice, financials and news for Stock Devon Energy Corporation | Nyse: DVN ... RBC Cuts Price Target on Devon Energy to $55 From $60 on Reduced Outlook for Cash Flow Per Share, Keeps Sector Perform Rating Nov. 15: MT ANALYST …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.Devon Energy's FQ4'22 earnings release was a massive disappointment, leaving investors reeling. ... its production forecasts of between 643K to 664K Boe per day for FY23 indicate a 2.7% increase ...

Jun 12, 2023 · Devon Energy ( DVN 2.42%) is a $32 billion market cap energy producer with a focus on U.S. onshore drilling. The most notable feature of the stock, however, is probably the huge 9.2% dividend ...

Devon Energy Stock Forecast and Price Target If Devon Energy's stock price reached the average yearlong target of $54.50 given by fourteen well-known analysts in recent months, there would be a potential upside of approximately 21.19% from its last closing price in November, 2023.

Shares of U.S. shale oil producer Devon Energy fell more than 12% at midday Wednesday after the company reported fourth quarter earnings that missed analysts' forecast on higher-than-expected ...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% Devon and Oxy have been big winners and are pumping out cash, but these two European giants are also cash cows and much cheaper. With the former having the …Dec 1, 2023 · 15 equities research analysts have issued 12 month target prices for Devon Energy's stock. Their DVN share price targets range from $48.00 to $77.00. On average, they predict the company's share price to reach $57.82 in the next year. This suggests a possible upside of 28.0% from the stock's current price. 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 30, 2023 · Find the latest Devon Energy Corporation (DVN) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance

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% Key Insights. Using the 2 Stage Free Cash Flow to Equity, Devon Energy fair value estimate is US$51.92. With US$46.15 share price, Devon Energy appears to be trading close to its estimated fair valueFor the current quarter, Devon Energy is expected to post earnings of $1.51 per share, indicating a change of -30.7% from the year-ago quarter. The Zacks Consensus Estimate has changed +9% over ...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 ...١٤‏/٠٩‏/٢٠٢٢ ... Analysts predict earnings to grow 111% in Q3 to $2.28 per share, according to FactSet. Wall Street forecasts sales increasing 23% to $4.3 ...Devon Energy ( DVN 0.13%), Chevron ( CVX -1.10%), and Marathon Oil ( MRO -0.08%) stand out to a few Fool.com contributors as the leading oil stocks to buy right now so that investors don't miss ...

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. Mar 5, 2023 · 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 ...

DVN Earnings Date and Information. Devon Energy last announced its earnings results on November 7th, 2023. The energy company reported $1.65 earnings per share (EPS) for the quarter, …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 ...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.View the latest Devon Energy Corp. (DVN) stock price, news, historical charts, analyst ratings and financial information from WSJ.Moved Permanently. The document has moved here.Price target. 57.22 0.00 0.00%. The 27 analysts offering 1 year price forecasts for DVN have a max estimate of — and a min estimate of —.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 ...Devon Energy generated tremendous upside for investors in recent years thanks to a healthy energy market and a key acquisition. Read why I rate DVN stock a …

There are many techniques to use to forecast the stock market. However, experts often say that, regardless of technique, accurately forecasting stock market performance is more a matter of luck than technique. Having an expectation of how t...

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 ...

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.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 ...Devon Energy announced the company's financial results for the second quarter of this year on August 1, 2022, and this coincided with the +15% rise in DVN's share price from $61.57 as of August 1 ...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 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.Nov 6, 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. 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 …For DEVON ENERGY CORP stock forecast for 2033 (10 year), 11 predictions are offered for each month of 2033 with average DEVON ENERGY CORP stock forecast of $30.61, a high forecast of $34.57, and a low forecast of $27.02. The average DEVON ENERGY CORP stock forecast 2033 represents a -30.88% decrease from the last price of $44.2900009155273.Assessing Devon Energy's Stock Forecast: Examining Growth Potential in the Oil & Gas E&P Sector. Devon Energy Corporation is a leading independent energy company that …Looking at which stocks billionaires are backing can be a good starting point for your investment strategy. Devon Energy ( DVN ): DVN offers solid financials and an enticing dividend yield ...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.

Because of that, now could be a great time to buy oil stocks . TotalEnergies ( TTE 0.50%), Diamondback Energy ( FANG -0.68%), and Devon Energy ( DVN -0.88%) are three top ones to buy, according to ...Good times may be coming to an end for Devon Energy (NYSE: DVN) stock. After flying high throughout 2022, the shares are now trading 37% below its 52-week high. And so, the company’s share price ...U.S. stock futures traded lower this morning. Here are some big stocks recording losses in today’s pre-market trading session. Credo Technol... U.S. stock futures traded lower this morning. Here are some big stocks recording losses in...The stock market has rallied this year. The S&P 500 is up more than 18%, while the tech-heavy Nasdaq 100 has surged over 35%. Shares of Devon Energy have …Instagram:https://instagram. stocks through cash appmoving company insurance costbest way to store cryptoacb stocktwits 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 ... qspixfm etf 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 minimum target price for Devon Energy analysts is $ 52.41 . Today 200 Day Moving Average is the resistance … mr cooper mortgage rates 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 ...Moved Permanently. The document has moved here.Devon’s earnings release, supplemental financial tables, guidance and related earnings presentation can be accessed via the Investor Relations section of Devon’s website, www.devonenergy.com. The company’s first-quarter conference call will be held at 10:00 a.m. Central (11:00 a.m. Eastern) on Tuesday, May 9, 2023, and will serve …