Devon Energy Corporation’s (DVN) shares have declined 32.2% in the last six months compared with the 0.2% decline in the Zacks Oil and Gas – Exploration and Production - United States industry. The broader Zacks Oil and Energy sector has lost 12.8% and the Zacks S&P 500 composite has rallied 8.3% in the same time frame.The competitive oil and gas industry and fluctuating oil and gas prices are posing challenges to the company. Amid the challenges and increased debt level, DVN’s management decided not to dec ...

I wrote an article about oil prices this week as I expect that we may be basing for a rally. In that article, I also noted that it was a good time to allocate more to the energy sector asAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in DVN over the next 72 hours. I wrote this article myself, and it expresses m ...

Several high-quality energy production stocks ( XLE ) have pulled back sharply recently due to reduced concerns about a major war breaking out in the Middle East, as well as the election of Donald Trump and hisIf you want access to our Portfolios that have crushed the market since inception and all our current Top Picks, join us for a 2-week free trial at High Yield Investor.We are the fastest growing high yield-seeking investment service on Seeking Alpha with a perfect 5/5 rating from 180 reviews.Our membe ...

Company Overview - Devon Energy is a mid-size upstream oil company with a market capitalization of just over $20 billion [2] - The company offers an almost 6% dividend yield and maintains a respectable portfolio of assets alongside a manageable debt load [2] Investment Strategy - The Value Portfolio focuses on building retirement portfolios using a fact-based research strategy to identify investments [2] - This strategy includes extensive analysis of 10Ks, analyst commentary, market reports, and investor presentations [2] - The investment approach involves real money being invested in the stocks recommended [2]

He is the leader of the investing group The Daily Drilling Report where he provides investment analysis for the oil and gas industry. Features of the group include: a model portfolio that covers all segments of upstream oilfield activity with weekly updates, ideas for both U.S and international energy companies, coverage from shale to deepwater drillers, technical analysis to identify catalysts, and more. Learn More .Fluidsdoc is an international oil industry veteran with 40 years of experience having worke ...

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .By now, I doubt will come as a surprise to many readers. The main reason for that is its valuation. In a market with a lofty valuation, the energy sector truly stands out. As the chart below shows, energyAnalyst’s Disclosure: I/we have a beneficial long position in the shares of ...

U.S. oil prices retreated on Wednesday after a weekly report from the Energy Information Administration ("EIA") showed additions in crude and gasoline stockpiles.On the New York Mercantile Exchange, WTI crude futures lost 0.75% to close at $68.87 a barrel yesterday. Persistently low crude demand from China, the world's largest oil importer, has also been weighing on prices. Recent stimulus measures have yet to drive any significant near-term recovery in oil consumption. A strengthening U.S. dollar exerted a ...

Devon Energy's (DVN 1.03%) stock price has fallen nearly 30% from its 52-week highs. That drop roughly tracks along with the price declines in West Texas Intermediate crude, a key U.S. oil benchmark. But the big story for income investors is that the dividend has now settled at $0.22 per share per quarter. There's a lot to unpack here, but Devon Energy is still a great oil company, even if the dividend is in a state of flux.What does Devon Energy do?Devon Energy is a pure play upstream oil and natural gas p ...

This year, the market fell out of love with Devon Energy (DVN -2.31%). At the time of writing, the stock is down more than 15% year to date. The move likely comes down to a combination of reasons that mask the fundamental attractiveness of the stock. As such, the dip in the share price looks like a good buying opportunity. Here's why.Devon Energy's disappointing stock performance in 2024Comparing Devon with one of its oil and gas exploration and production peers, Diamondback Energy (FANG -3.19%), helps to h ...

A high-yielding gas energy pipeline ETF and two oil companies gushing cash make up a list of three great stocks to buy for future dividends.These three stocks offer investors huge dividend potential for many years. The Global X MLP ETF (MLPA 0.62%) invests in master limited partnerships (MLPs) in midstream pipelines and storage. Meanwhile, Devon Energy (DVN -2.31%) and Diamondback Energy (FANG -3.19%) are oil and gas exploration and production companies set to gush cash in 2025 and use it to enhance dividen ...