DJ Devon Energy Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Devon Energy Corp. $(DVN)$ advanced 1.49% to $35.51 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.61% to 6,052.85 and Dow Jones Industrial Average falling 0.54% to 44,401.93.
The stock's rise snapped a five-day losing streak.
Devon Energy Corp. closed $19.58 short of its 52-week high ($55.09), which the company achieved on April 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as EOG Resources Inc. $(EOG)$ rose 0.03% to $127.85, Occidental Petroleum Corp. $(OXY)$ rose 2.48% to $48.72, and Diamondback Energy Inc. $(FANG.UK)$ rose 0.17% to $167.12.
Trading volume (11.7 M) eclipsed its 50-day average volume of 8.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 9, 2024.
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(END) Dow Jones Newswires
December 09, 2024 17:07 ET (22:07 GMT)
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