Devon Energy Corp. Stock Rises 4.5%, Outperforms Peers

Dow Jones10-24

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

Shares of Devon Energy Corp. rallied 4.5% to $51.39 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.5% to 7,623.68 and Dow Jones Industrial Average falling 1.2% to 52,215.16.

The stock's rise snapped a three-day losing streak.

Devon Energy Corp. closed 2.5% short of its 52-week high of $52.71, which the company achieved on March 30th.

The stock outperformed some of its peers, as EOG Resources Inc. rose 3.2% to $163.03, Occidental Petroleum Corp. rose 2.7% to $64.17, and Diamondback Energy Inc. rose 4.37% to $205.75.

Trading volume totaled 13.3 million, compared to the 50-day average of 10.8 million.

Data source: Dow Jones Market Data, FactSet

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