Devon Shares Rise 12.8% in a Month: Good Time to Buy the Stock?

Devon Energy Corporation’s (DVN) shares have gained 12.8% in a month, outperforming the Zacks Oil & Gas- Exploration and Production- United States industry’s return of 9.7% and the broader Zacks Oil and Energy sector’s decline of 6.5%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The competitive oil and gas industry and fluctuating oil and gas prices are posing challenges to the company.While the one-month performance paints a positive picture for investors, looking at the last on ...