Brief From our Editor -- Devon Energy (DVN) Stock.

Large-cap Energy company Devon Energy has logged a 3.1% change today on a trading volume of 6,029,557. The average volume for the stock is 11,640,112.

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. Based in Oklahoma City, the company has 1,600 full time employees and a market cap of $44,981,092,352. Devon Energy currently offers its equity investors a dividend that yields 7.0% per year.

The company is now trading -14.42% away from its average analyst target price of $80.4 per share. The 28 analysts following the stock have set target prices ranging from $60 to $103, and on average give Devon Energy a rating of buy.

Over the last year, DVN shares have gone up 56.3%, which represents a difference of 75.6% when compared to the S&P 500. The stock's 52 week high is $79.4 per share whereas its 52 week low is $35.55. Based on Devon Energy's average gross margins growth of 21.2% over the last four years, its core business remains strong and the stock price may maintain this level of performance.

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The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.