DJ Devon Energy Corp. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Devon Energy Corp. $(DVN)$ slid 3.21% to $36.73 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.88% to 6,049.24 and the Dow Jones Industrial Average rising 1.24% to 44,025.81.
This was the stock's third consecutive day of losses.
Devon Energy Corp. closed 33.33% short of its 52-week high of $55.09, which the company achieved on April 12th.
The stock underperformed when compared to some of its competitors Tuesday, as EOG Resources Inc. $(EOG)$ fell 0.40% to $136.04, Occidental Petroleum Corp. $(OXY)$ fell 2.73% to $50.55, and Diamondback Energy Inc. $(FANG.UK)$ fell 1.79% to $176.95.
Trading volume (12.8 M) eclipsed its 50-day average volume of 10.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 21, 2025.
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January 21, 2025 17:03 ET (22:03 GMT)
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