DVN Outperforms Industry in a Month: How to Play the Stock Now?

Key Takeaways Devon Energy's stock rose 14% in a month, beating its industry, and sector's performances.DVN projects 2025 output of 825,000-842,000 Boe/d, supported by multi-basin, high-margin assets.DVN trades at 3.94X EV/EBITDA, well below the industry's 11.26X average, highlighting discounted valuation.Devon Energy Corporation’s (DVN) shares have gained 14% in a month, outperforming the Zacks Oil & Gas- Exploration and Production- United States industry’s return of 3% and the broader Zacks Oil and Energy ...