Media headlines about Devon Energy (NYSE:DVN) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Devon Energy earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news stories about the energy company an impact score of 47.1247907598225 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:

Shares of Devon Energy (NYSE DVN) opened at $43.70 on Monday. The firm has a market capitalization of $23,026.50, a P/E ratio of 14.97, a price-to-earnings-growth ratio of 2.49 and a beta of 2.21. Devon Energy has a 52 week low of $28.79 and a 52 week high of $47.25. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.63 and a current ratio of 1.63.

Devon Energy (NYSE:DVN) last released its earnings results on Tuesday, October 31st. The energy company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.07. The firm had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.13 billion. Devon Energy had a return on equity of 6.88% and a net margin of 11.62%. The company’s quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.89 earnings per share. equities analysts predict that Devon Energy will post 1.81 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Thursday, March 15th will be issued a $0.06 dividend. The ex-dividend date is Wednesday, March 14th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.55%. Devon Energy’s payout ratio is 8.19%.

Several analysts recently commented on DVN shares. Jefferies Group set a $46.00 price objective on Devon Energy and gave the stock a “buy” rating in a report on Wednesday, December 20th. Seaport Global Securities raised Devon Energy from a “neutral” rating to a “buy” rating in a report on Tuesday, December 19th. BMO Capital Markets set a $45.00 target price on Devon Energy and gave the company a “buy” rating in a research report on Tuesday, October 10th. Stifel Nicolaus set a $66.00 target price on Devon Energy and gave the company a “buy” rating in a research report on Thursday, October 5th. Finally, Cowen set a $40.00 target price on Devon Energy and gave the company a “buy” rating in a research report on Tuesday, October 31st. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and fourteen have assigned a buy rating to the company. Devon Energy presently has a consensus rating of “Buy” and a consensus target price of $47.00.

In related news, EVP Lyndon C. Taylor sold 12,798 shares of the business’s stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $38.29, for a total value of $490,035.42. Following the completion of the sale, the executive vice president now owns 67,900 shares in the company, valued at $2,599,891. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.51% of the stock is currently owned by insiders.

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About Devon Energy

Devon Energy Corporation is an independent energy company. The Company also controls EnLink Midstream Partners, L.P. (EnLink). The Company’s segments include U.S., Canada and EnLink. The Company is engaged primarily in the exploration, development and production of oil, natural gas and natural gas liquids (NGLs).

Insider Buying and Selling by Quarter for Devon Energy (NYSE:DVN)

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