Devon Energy Stock News

High-quality oil stocks like Schlumberger, Halliburton, and Devon Energy have seen significant declines but likely bottomed in early April. Oil prices are unlikely to stay depressed, with potential for a substantial move higher by 2026 as market dynamics and political factors shift. Saudi Arabia's need for higher oil prices and anticipated Fed rate cuts should support a rebound in oil prices an...

Energy is the most unloved and undervalued S&P 500 sector, offering significant contrarian opportunity for income and capital gains. Smart money is quietly accumulating energy stocks despite recent underperformance, as current oil prices are unsustainable for producers and OPEC. Royalty companies like Viper Energy and Kimbell Royalty Partners, as well as Canadian producers (among others), offer...

Analysts say these S&P 500 stocks have at least 30% price upside over the next year or so.

Devon Energy is a highly efficient, low-cost US oil and gas producer with strong growth, capital discipline, and proactive management amid volatile markets. Significant recent investments and acquisitions have driven record production, with capital efficiency and cost improvements supporting robust free cash flow even at lower oil prices. The company is undervalued versus peers, offers a ~10% t...

Devon Energy has been able to prove its excellent upstream thesis, with the improved capital efficiency and the higher production outputs well balancing the lower spot prices. Thanks to the OPEC+ accelerated output hikes and the US' higher crude oil production, it is unsurprising that the EIA already expects further supply/demand imbalance. These imply that the moderating oil and gas spot price...

Devon Energy has maintained a strong free cash flow yield despite lower oil prices, thanks to improved operating efficiency and disciplined capital spending. The company is positioned to grow free cash flow by over 20% in 2026 through better NGL pricing, lower costs, and significant tax savings. DVN trades at a compelling valuation, with hidden value from future cost and tax improvements not ye...

Savita Subramanian, the head of equity and quantitative strategies,  has been one of the voices at Bank of America that we have followed for years at 24/7 Wall St.

Devon Energy continues to beat guidance, demonstrating strong capital efficiency and robust free cash flow generation, making it an attractive investment. The company is committed to shareholder returns through dividends and aggressive share repurchases, supported by a healthy balance sheet and manageable debt. Devon's improved capital efficiency and increased production guidance, especially af...