Devon Energy Stock: Buy, Sell, or Hold?

By Parkev Tatevosian, CFA – Sep 18, 2023 at 9:48AM

NYSE: DVN

Devon Energy

Market Cap

$31B

Today's Change

(-1.95%) -$0.97

Current Price

$48.80

Price as of May 22, 2024, 4:00 p.m. ET

Devon Energy has a variable dividend policy that could be enticing to some investors.

Fool.com contributor Parkev Tatevosian evaluates Devon Energy (DVN -1.95%) stock to determine if the stock is a buy.

*Stock prices used were the afternoon prices of Sept. 14, 2023. The video was published on Sept. 16, 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, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.