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Devon Energy Corp. stock rises Monday, outperforms market

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…

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Devon Energy Corp. stock rises Monday, outperforms market

From the Equity Insider archive. This article dates from Mar 21, 2022 and is preserved as first published.

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.

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.

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.

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