DJ Devon Energy Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Devon Energy Corp. $(DVN)$ advanced 2.47% to $31.16 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.63% to 5,604.14 and the Dow Jones Industrial Average rising 0.21% to 40,752.96.
The stock's rise snapped a two-day losing streak.
Devon Energy Corp. closed 40.36% below its 52-week high of $52.25, which the company reached on May 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as EOG Resources Inc. $(EOG)$ rose 1.22% to $111.68, Occidental Petroleum Corp. $(OXY)$ rose 2.61% to $40.44, and Diamondback Energy Inc. $(FANG.UK)$ rose 2.14% to $134.83.
Trading volume (8.2 M) remained 2.1 million below its 50-day average volume of 10.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 1, 2025.
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May 01, 2025 17:07 ET (21:07 GMT)
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