Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Devon Energy Corp (NYSE: DVN) improved during the last several trading days. DVN’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
On 2/28/25, Devon Energy Corp (NYSE: DVN) stock rose modestly by 0.9%, closing at $36.22. NORMAL trading volume accompanied the advance. The stock has been extremely weak relative to the market over the last nine months and has declined -6.0% during the last week.
Current PriceTarget Research Rating
Devon Energy has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Devon Energy has a good Appreciation Score of 84 but a very low Power Rating of 4, triggering the Low Neutral Value Trend Rating.
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