Why Devon Energy (DVN) Outpaced the Stock Market Today

In the latest trading session, Devon Energy (DVN) closed at $32.48, marking a +1.09% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.8%. Elsewhere, the Dow saw an upswing of 0.94%, while the tech-heavy Nasdaq appreciated by 0.97%. Shares of the oil and gas exploration company witnessed a gain of 4.12% over the previous month, beating the performance of the Oils-Energy sector with its gain of 3.8%, and underperforming the S&P 500's gain of 5.12%.The upcoming earnings release of D ...