Devon Energy Looks Interesting Heading Into Earnings

PM Images While shares of Devon Energy (NYSE:DVN) are up 105.48% over the past 5-years, its share price is significantly lower than its 2022 highs. Since October of 2022, shares of DVN have lost -40.40% of their value after falling from $71.79 to $42.49. Over the past year, shares have tried to rebound as they made it back into the mid $50s, but since April, shares of DVN have been stuck in a downward spiral as they retraced by more than 22%. I think there is an opportunity here as DVN is trading at less th ...