Devon Energy Corporation (NYSE:DVN) traded today at a new 52-week high of $63.26. This new high was reached on below average trading volume as 4.4 million shares traded hands, while the average 30-day volume is approximately 15.9 million shares.
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 2021, Devon’s proved reserves totaled 1.6 billion barrels of oil equivalent, and net production that year was 572 mboe/d (of which, oil and natural gas liquids made up 74% of production, with natural gas accounting for the remainder).
Devon Energy Corporation (NYSE:DVN) is currently priced 0.0% above its average consensus analyst price target of $61.45.
In the past 52 weeks, Devon Energy Corporation share prices are bracketed by a low of $20.14 and a high of $63.26 and is now at $61.47, 205% above that low price.
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