Devon Energy Corp. Stock Rises 4.8%, Outperforms Market

Dow Jones05-16

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Devon Energy Corp. rallied 4.8% to $49.49 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.2% to 7,408.50 and Dow Jones Industrial Average falling 1.1% to 49,526.17.

This was the stock's sixth consecutive day of gains.

Devon Energy Corp. closed 6.1% short of its 52-week high of $52.71, which the company reached on March 30th.

The stock demonstrated a mixed performance when compared to some of its peers, as EOG Resources Inc. rose 3.1% to $140.26, Occidental Petroleum Corp. rose 4.9% to $59.62, and Diamondback Energy Inc. rose 1.65% to $203.56.

Trading volume totaled 16.2 million, compared to the 50-day average of 16.3 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

May 15, 2026 16:35 ET (20:35 GMT)

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