DJ Devon Energy Corp. Stock Rises Wednesday, Still Underperforms Market
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Shares of Devon Energy Corp. $(DVN)$ inched 0.09% higher to $34.76 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.82% to 6,084.19 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.
Devon Energy Corp. closed $20.33 below its 52-week high ($55.09), which the company achieved on April 12th.
The stock underperformed when compared to some of its competitors Wednesday, as EOG Resources Inc. $(EOG)$ rose 0.75% to $127.56, Occidental Petroleum Corp. $(OXY)$ rose 0.87% to $48.47, and Diamondback Energy Inc. $(FANG.UK)$ rose 0.46% to $163.90.
Trading volume (10.3 M) eclipsed its 50-day average volume of 8.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 2024.
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(END) Dow Jones Newswires
December 11, 2024 17:07 ET (22:07 GMT)
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