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Devon Energy Stock Is 11% Down At Session Start On Wednesday

ViaNews Editorial Team

February 15, 2023

Devon Energy Stock Is 11% Down At Session Start On Wednesday
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(VIANEWS) - Shares of Devon Energy (NYSE: DVN) fell by a staggering 11.24% to $56.75 at 10:23 EST on Wednesday, after three sequential sessions in a row of gains. NYSE is sliding 0.82% to $15,893.59, following the last session's downward trend. This seems, at the moment, a somewhat negative trend trading session today.

Devon Energy's last close was $63.94, 19.47% below its 52-week high of $79.40.

About Devon Energy

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 5,134 gross wells. Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.

Earnings Per Share

As for profitability, Devon Energy has a trailing twelve months EPS of $-7.12.

The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 56.38%.

Sales Growth

Devon Energy's sales growth is 41.7% for the present quarter and 23.3% for the next.

Yearly Top and Bottom Value

Devon Energy's stock is valued at $56.75 at 10:23 EST, way below its 52-week high of $79.40 and way higher than its 52-week low of $48.86.

More news about Devon Energy (DVN).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.