DJ Devon Energy Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of Devon Energy Corp. $(DVN)$ slid 1.75% to $35.33 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.65% to 44,713.58 and the S&P 500 Index falling 1.46% to 6,012.28.
This was the stock's seventh consecutive day of losses.
Devon Energy Corp. closed 35.87% 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 Monday, as EOG Resources Inc. $(EOG)$ rose 0.11% to $131.96, Occidental Petroleum Corp. $(OXY)$ rose 0.55% to $49.56, and Diamondback Energy Inc. $(FANG.UK)$ fell 0.96% to $171.60.
Trading volume (9.4 M) remained 933,458 below its 50-day average volume of 10.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 27, 2025.
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(END) Dow Jones Newswires
January 27, 2025 17:04 ET (22:04 GMT)
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