Shares of Devon Energy Corp. DVN, +5.44% rallied 5.44% to $61.44 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.04% falling 0.04% to 4,461.18 and Dow Jones Industrial Average DJIA, -0.58% falling 0.58% to 34,552.99. This was the stock’s third consecutive day of gains. Devon Energy Corp. closed $1.66 short of its 52-week high ($63.10), which the company achieved on March 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as BHP Group Ltd. ADR BHP, +4.13% rose 4.13% to $71.64, ConocoPhillips COP, +3.17% rose 3.17% to $102.76, and EOG Resources Inc. EOG, +5.75% rose 5.75% to $122.46. Trading volume (17.0 M) eclipsed its 50-day average volume of 14.9 M.