Devon Energy Corporation (DVN) traded negative at $45.41. On an intraday basis, the price dropped -0.13 points or -0.29%. The composite uptick value was $13.77 million while the combined downtick value was $10.37. The net money flow was $3.41 million while the up/down ratio was not very comforting at 1.33. The shares on a weekly note has seen a change in share price of -2.64%.According to the trading data, the shares saw a block trade with $3.97 million in upticks and $2.28 million in downticks. The up/down ratio for the block was calculated to be 1.74. The net money flow for the block trade was 1.69.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.
Devon Energy Corporation has lost 1.98% in the last five trading days and dropped 0.28% in the last 4 weeks. Devon Energy Corporation is up 20.34% in the last 3-month period. Year-to-Date the stock performance stands at -0.28%. Wednesdays trading session turned out to be a no-profit no-loss event for Devon Energy Corporation (NYSE:DVN). The opening trade occurred at $45.98 and the highest and the lowest points of the day were $46.19 and $44.835 respectively. The final trade was registered at $45.54 and the volume by the end of the day had touched 3,566,555 shares. The 52-week high of the stock is $50.69 and the 52-week low is $18.07. According to the current valuation, the market cap of the company is $23,845 million and the total number of shares available in public circulation is 523,600,000.
Company has reported several Insider transactions to the SEC, on Jun 22, 2016, Robert H. Henry (director) sold 7,100 shares at 37.43 per share price.On Jan 6, 2016, Barbara M Baumann (director) purchased 8,200 shares at 30.44 per share price.On Dec 22, 2015, John E Bethancourt (director) purchased 10,000 shares at 28.94 per share price.
Devon Energy Corp Last issued its quarterly earnings results on Nov 1, 2016. The company reported $1.89 EPS for the quarter, beating the analyst consensus estimate by $ 1.83. Analyst had a consensus of $0.06. The company had revenue of $2882.00 million for the quarter, compared to analysts expectations of $2692.54 million. The companys revenue was down -20.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.76 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Devon Energy Corp was Downgraded by Jefferies to Hold on Jan 17, 2017. Devon Energy Corp was Upgraded by Seaport Global Securities to Buy on Dec 9, 2016.
Devon Energy is a leading independent energy company engaged in finding and producing oil and natural gas. Based in Oklahoma City and included in the S&P 500, Devon operates in several of the most prolific oil and natural gas plays in the U.S. and Canada with an emphasis on a balanced portfolio. The Company is the second-largest oil producer among North American onshore independents.