DJ Devon Energy Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of Devon Energy Corp. $(DVN)$ tumbled 12.55% to $33.16 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 4.84% to 5,396.52 and Dow Jones Industrial Average falling 3.98% to 40,545.93.
The stock's fall snapped a three-day winning streak.
Devon Energy Corp. closed 39.81% below its 52-week high of $55.09, which the company reached on April 12th.
The stock underperformed when compared to some of its competitors Thursday, as EOG Resources Inc. $(EOG)$ fell 7.76% to $119.89, Occidental Petroleum Corp. $(OXY)$ fell 11.01% to $43.90, and Diamondback Energy Inc. $(FANG.UK)$ fell 12.51% to $141.28.
Trading volume (16.2 M) eclipsed its 50-day average volume of 8.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 3, 2025.
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April 03, 2025 17:01 ET (21:01 GMT)
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