Devon Energy Trading Volume Drops 39.81% to $236 Million Despite Stock Price Rise

Generated by AI AgentAinvest Volume Radar
Friday, Jun 20, 2025 8:00 pm ET1min read
DVN--

On June 20, 2025, Devon EnergyDVN-- (DVN) closed with a trading volume of $236 million, marking a 39.81% decrease from the previous day. The stock price of Devon Energy rose by 0.69%.

Devon Energy remains undervalued despite recent weakness in oil prices, presenting a compelling investment opportunity. The company has an annual dividend of $1.31 per share, with a yield of 3.86%. The dividend is paid every three months, and the last ex-dividend date was June 13.

Mizuho reduced their price target on shares of Devon Energy from $46.00 to $43.00 and set an "outperform" rating for the company in a report on Tuesday, May. This adjustment reflects the analysts' assessment of the company's performance and future prospects.

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