NYSE:DVNOil and Gas
Is Devon Energy (DVN) Still Attractively Priced After Its Recent Share Price Rally?
Investors may be wondering whether Devon Energy at around US$44.04 is offering good value right now, or if most of the opportunity is already priced in.
The stock has returned 1.3% over the last 7 days, 21.7% over the last 30 days, 16.3% year to date, 29.8% over 1 year, and 164.3% over 5 years, while the 3 year return sits at a 7.4% decline. This gives a mixed picture of how the market has treated the shares over time.
Recent coverage has focused on Devon Energy's position in the US energy...