Here's Why Devon Energy Shares Gushed Higher in March

The energy company fell into favor among the analyst community last month,, and it continues to look like a great value stock option for investors.Shares of Devon Energy (DVN 1.31%) rose by 13.9% in March, according to data from S&P Global Market Intelligence. The move came down to a combination of an increase in the price of oil, from around $77 a barrel at the start to about $83 at the end of the month, and the Wall Street analyst community'a warming to the company's capital allocation policy in 2024.Devo ...