Devon Energy Corporation (NYSE:DVN) traded today at a new 52-week high of $31.99. Approximately 2.3 million shares have changed hands today, as compared to an average 30-day volume of 11.8 million shares.
Devon Energy Corporation (NYSE:DVN) has potential upside of 264.0% based on a current price of $31.30 and analysts’ consensus price target of $113.92.
In the past 52 weeks, shares of Devon Energy Corporation have traded between a low of $7.73 and a high of $31.99 and is now at $31.30, which is 305% above that low price.
Devon Energy, based in Oklahoma City, is one of the largest independent exploration and production companies in North America. The firm’s asset base is spread throughout onshore North America and includes exposure to the Delaware, STACK, Eagle Ford, Powder River Basin, and Bakken plays. At year-end 2020, Devon’s proved reserves totaled 757 million barrels of oil equivalent, and net production that year was 333 mboe/d (of which, oil and natural gas liquids made up 70% of production, with natural gas accounting for the remainder).
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