Devon Energy Corp (NYSE: DVN) has reported earnings for its fourth fiscal quarter (ending December 31) of $0.98 versus $1.81 for the same period a year ago — a decline of -46%. For the latest four quarters through December 31, E.P.S. were $4.58 compared to $5.86 a year ago — a decline of -22%.
Recent Price Action
Devon Energy Corp (NYSE: DVN) stock closed at $34.88 on 2/18/25 after a modest gain of 0.7%. NORMAL trading volume accompanied the advance. The stock has risen 5.2% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Devon Energy has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Devon Energy has a good Appreciation Score of 85 but a very low Power Rating of 4, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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