Devon energy stock forecast.

Wall Street expects a year-over-year decline in earnings on lower revenues when Devon Energy (DVN) reports results for the quarter ended September 2023. While this widely-known consensus outlook ...

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

At current levels, Devon's stock sports a trailing-12-month dividend yield of 10.4%. The oil company's yield is substantially higher than the 1.66% average among S&P 500 stocks, as well as AT&T's.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 ...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 …Dollar Volume Sold Short. $535.56 million. Short Interest Ratio / Days to Cover. 1.3. Last Record Date. October 31, 2023. Outstanding Shares.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. analyst ratings, historical stock prices, earnings estimates & actuals. DVN updated stock price target summary.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. The latest cut to the dividend comes as Devon Energy reported $690 million in Q2 net earnings, the lowest level in two years. Free cash flow fell 50% to $326 million year-over-year in Q2.

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 ...

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.Earnings announcement* for DVN: Nov 07, 2023. Devon Energy Corporation Common Stock is expected* to report earnings on 11/07/2023 after market close. The report will be for the fiscal Quarter ...Devon Energy Corporation has, however, delivered returns of close to 200% in 2021, thanks to tailwinds from rising oil prices, earnings growth, and due to the fact …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 ...Find the latest analyst research for Devon Energy Corporation Common Stock (DVN) at Nasdaq.com.

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 ...

DVN Earnings Date and Information. Devon Energy last announced its earnings results on November 7th, 2023. The energy company reported $1.65 earnings …

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.Analyst Price Forecast Suggests 25.28% Upside As of August 31, 2023, the average one-year price target for Devon Energy is 61.37. The forecasts range from a low of 50.50 to a high of $82.95.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 Corp. analyst ratings, historical stock prices, earnings estimates & actuals. DVN updated stock price target summary.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 ...

Complete Devon Energy Corp. stock information by Barron's. View real-time DVN stock price and news, along with industry-best analysis.Wall Street 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 DVN shares and potentially its market environment have been in bearish cycle last 12 months (if exists).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 ...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 …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

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 …

DVN’s stock continued its bull run since the start of 2022, closing at $45.57 in early January and has been on an upward trajectory since then. The stock surged 10% on 3 May after the company reported stronger-than-expected first-quarter earnings, the biggest single-day gain so far for this year.Enter Symbol. Devon Energy Corporation based in Oklahoma City is an independent energy company engaged primarily in the exploration, development and production of oil and natural gas. The company ...See Devon Energy Corporation (DVN) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades. 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 (DVN) PT Lowered to $47 at Evercore ISIEvercore ISI analyst Stephen Richardson lowered the price target on Devon Energy (NYSE: DVN) to $47.00 (from …Dollar Volume Sold Short. $535.56 million. Short Interest Ratio / Days to Cover. 1.3. Last Record Date. October 31, 2023. Outstanding Shares.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 ...

Analysts’ average price target calls for Devon Energy (NYSE: DVN) stock to climb roughly 20% over the coming 12-18 months. That’s encouraging, but investors should be equally interested in the ...

Stock Price Forecast. The 15 analysts offering 12-month price forecasts for Nextera Energy Inc have a median target of 68.00, with a high estimate of 84.00 and a low estimate of 44.00.

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.Jun 1, 2022 · DVN’s stock continued its bull run since the start of 2022, closing at $45.57 in early January and has been on an upward trajectory since then. The stock surged 10% on 3 May after the company reported stronger-than-expected first-quarter earnings, the biggest single-day gain so far for this year. Jun 1, 2022 · DVN’s stock continued its bull run since the start of 2022, closing at $45.57 in early January and has been on an upward trajectory since then. The stock surged 10% on 3 May after the company reported stronger-than-expected first-quarter earnings, the biggest single-day gain so far for this year. May 26, 2023 · For the current quarter, Devon Energy is expected to post earnings of $1.47 per share, indicating a change of -43.2% from the year-ago quarter. The Zacks Consensus Estimate has changed -6.9% over ... People use statistics daily for weather forecasts, predicting disease, preparing for emergencies, medical research, political campaigns, tracking sales, genetics, insurance, the stock market and quality testing.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% 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 ...Estimation of the future price movement of Devon Energy stock, based on various factors such as historical price trends, market trends, company performance, and ...

Examples of industries, that are observed by global business standards, include energy, transportation, insurance and real estate. Industry classification methodology groups companies and stocks according to common business lines, each with...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.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.Instagram:https://instagram. v.o.orolex appreciation chartbest cyber security stockscosm.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 stock price forecast: $80.67; Market Cap: 28.71B, Enterprise value: 36.77B, P/E: 5.22, PEG ratio: 0.01, EPS: 5.9, Revenue: 15.41B, ... autozoinecan i invest in chat gpt Analysts’ average price target calls for Devon Energy (NYSE: DVN) stock to climb roughly 20% over the coming 12-18 months. That’s encouraging, but investors should be equally interested in the ...Dec 1, 2023 · 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. stock smci 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 Stock Forecast and Price Target. If Devon Energy's stock price reached the average yearlong target of $54.50 given by fourteen well-known …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 …