DJ Devon Energy Corp. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Devon Energy Corp. $(DVN)$ rose 1.92% to $36.05 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.08% to 5,675.29 and the Dow Jones Industrial Average rising 0.92% to 41,964.63.
This was the stock's fourth consecutive day of gains.
Devon Energy Corp. closed 34.56% short of its 52-week high of $55.09, which the company reached on April 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as EOG Resources Inc. $(EOG)$ rose 1.93% to $124.94, Occidental Petroleum Corp. $(OXY)$ rose 0.65% to $47.96, and Diamondback Energy Inc. $(FANG.UK)$ rose 1.68% to $157.60.
Trading volume (9.8 M) eclipsed its 50-day average volume of 9.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 19, 2025.
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(END) Dow Jones Newswires
March 19, 2025 17:04 ET (21:04 GMT)
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