Devon Energy Stock News

Looking for reliable energy stocks? Then examine Chevron, Enterprise, and Devon Energy

Devon Energy is undervalued with high profitability, trading at less than 8 times forward earnings and 9 times FCF, making it an attractive investment. DVN's strong Q2 performance, increased production guidance, and enhanced capital return program, including a $5 billion buyback, support a bullish outlook. The Grayson Mill acquisition adds significant assets, boosting production capabilities an...

Shares of companies impacted by the price of oil were among the biggest movers in the S&P 500 Monday as crude futures sank after a weekend retaliatory strike against Iran by Israel didn't hit Iran's oil facilities.

Devon Energy's acquisition of Grayson Mill is expected to be accretive to existing shares. Devon Energy's balance sheet is improving, with a goal of reducing net debt to less than 1x EBITDAX. Devon Energy's free cash flow is expected to increase substantially with a rise in oil prices while maintaining capital efficiency.

There's nothing wrong with Devon Energy, but if you are looking for reliable high-yield dividend stocks you'll prefer these two alternatives.

Investing in equal parts of these three dividend stocks should produce an average yield of 4.8% to help you generate passive income.

24/7 Wall St. Insights The current market rally is now two years old.

The market is experiencing robust earnings growth, low inflation, and solid GDP figures, leading many to feel bullish despite underlying economic challenges. While valuations are high, investors are banking on an "immaculate soft landing" for growth, making high-quality dividend stocks an attractive choice. I'm gradually shifting my focus to high-yield dividend stocks, anticipating better risk/...