Zacks.com users have recently been watching Devon Energy (DVN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Devon Energy (DVN) closed at $45.65 in the latest trading session, marking a -0.24% move from the prior day.
As we head into the summer driving season, crude oil prices have retreated from their April highs. As a result, the energy sector has been one of the worst-performing sectors over the past month. However, considering the sector’s bargain valuation, looking for the best energy stocks to buy will reward patient investors. Energy stocks are one of the most undervalued sectors on an absolute basis. According to Goldman Sachs (NYSE:GS), energy stocks trade at a next 12-month (NTM) price-to-earnings o