What's Going On With Devon Energy Stock?

By Parkev Tatevosian, CFA – Jun 22, 2023 at 4:15AM

NYSE: DVN

Devon Energy

Market Cap

$33B

Today's Change

(0.19%) $0.10

Current Price

$52.71

Price as of April 26, 2024, 4:00 p.m. ET

The energy company has a unique dividend payout strategy.

Fool.com contributor Parkev Tatevosian looks at Devon Energy (DVN 0.19%) and how it has benefited from higher oil prices in recent quarters.

*Stock prices used were the afternoon prices of June 19, 2023. The video was published on June 21, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.