Shares of Devon Energy Corp. DVN, +1.78% rallied 1.78% to $47.41 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.10% rising 0.10% to 39,043.32 and the S&P 500 Index SPX, -0.19% falling 0.19% to 5,165.31.
Devon Energy Corp. closed $8.78 below its 52-week high ($56.19), which the company reached on April 17th.
The stock outperformed some of its competitors Wednesday, as EOG Resources Inc. EOG, +1.43% rose 1.43% to $122.57, Pioneer Natural Resources Co. PXD, +0.96% rose 0.96% to $245.73, and Occidental Petroleum Corp. OXY, +1.50% rose 1.50% to $62.06.
Trading volume (8.6 M) eclipsed its 50-day average volume of 8.3 M.