Devon Energy Corporation which can be found using ticker (DVN) now have 26 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 87 and 52 suggesting an average Analsyt target price of $67.03. Given that the stocks previous close was at $52.91 this would imply there is now a potential upside of 26.7%. The day 50 moving average is $54.52 and the 200 moving average now moves to $62.01. The total market capitalization for the company now stands at $34,917m. Company Website: https://www.devonenergy.com
The potential market cap would be $44,235m based on the market consensus.
Devon Energy Corporation, an independent energy company, explores for, develops, and produces oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Anadarko, Williston, Eagle Ford, and Powder River Basin. The company was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.
The company has a dividend yield of 9.48% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 5.85, revenue per share of 28.99 and a 22.4% return on assets.
