DJ Devon Energy Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of Devon Energy Corp. $(DVN)$ slipped 1.71% to $32.69 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.09% to 5,963.60 and the Dow Jones Industrial Average rising 0.32% to 42,792.07.
This was the stock's fourth consecutive day of losses.
Devon Energy Corp. closed 34.93% short of its 52-week high of $50.24, which the company achieved on May 21st.
The stock underperformed when compared to some of its competitors Monday, as EOG Resources Inc. $(EOG)$ fell 1.34% to $113.95, Occidental Petroleum Corp. $(OXY)$ fell 1.70% to $42.31, and Diamondback Energy Inc. $(FANG.UK)$ fell 1.26% to $139.35.
Trading volume (5.3 M) remained 4.3 million below its 50-day average volume of 9.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2025.
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(END) Dow Jones Newswires
May 19, 2025 17:07 ET (21:07 GMT)
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