NYSE:DVNOil and Gas
Is Devon Energy (DVN) Pricing Reflect Its Mixed Multi Year Share Performance?
If you are wondering whether Devon Energy at around US$40.14 is giving you enough value for the risk you are taking, you are asking the right question.
The share price moves over the last year have been mixed, with returns of 3.9% over 7 days, 6.0% over 30 days, 6.0% year to date, 22.2% over 1 year, a 24.6% decline over 3 years, and 177.4% over 5 years.
Recent attention on Devon Energy has been driven more by its role in the US oil and gas sector and shifting sentiment toward energy stocks,...