DJ Devon Energy Corp. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Devon Energy Corp. $(DVN)$ inched 0.78% higher to $38.77 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.39% to 5,893.62 and the Dow Jones Industrial Average falling 0.13% to 43,389.60.
Devon Energy Corp. closed $16.32 below its 52-week high ($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 1.47% to $136.54, Occidental Petroleum Corp. $(OXY)$ rose 1.88% to $50.91, and Diamondback Energy Inc. $(FANG.UK)$ rose 3.00% to $181.90.
Trading volume (6.6 M) remained 2.1 million below its 50-day average volume of 8.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2024.
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(END) Dow Jones Newswires
November 18, 2024 17:05 ET (22:05 GMT)
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