DJ Devon Energy Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of Devon Energy Corp. $(DVN)$ slipped 3.81% to $32.59 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,074.08 and the Dow Jones Industrial Average falling 0.25% to 43,717.48.
This was the stock's third consecutive day of losses.
Devon Energy Corp. closed $22.50 short of its 52-week high ($55.09), which the company reached on April 12th.
The stock underperformed when compared to some of its competitors Monday, as EOG Resources Inc. $(EOG)$ fell 1.70% to $124.62, Occidental Petroleum Corp. $(OXY)$ fell 2.18% to $46.60, and Diamondback Energy Inc. $(FANG.UK)$ fell 2.70% to $158.93.
Trading volume (15.1 M) eclipsed its 50-day average volume of 8.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2024.
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(END) Dow Jones Newswires
December 16, 2024 17:07 ET (22:07 GMT)
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