Have an account? Log in.
I don't have an account.
Energy stocks were recently bought by a U.S. Senator. Here's a look at the company names added to his portfolio.
Devon Energy Corporation ("Devon") (NYSE:DVN) today announced a series of capital return actions following the successful completion of its previously announced all-stock merger with Coterra Energy Inc. ("Coterra")
Devon Energy Corporation ("Devon") (NYSE:DVN) and Coterra Energy Inc. ("Coterra") (NYSE:CTRA) today announced that shareholders of both companies approved all proposals required to complete the previously announced
Veeva Systems is set to join the S&P 500 on May 7, a move expected to drive ETF-driven demand for its shares.
Scotiabank analyst Betty Zhang maintains Devon Energy (NYSE:DVN) with a Sector Perform and raises the price target from $41 to $46.
The Strait of Hormuz reopened and Wall Street smashed all records, in what became a historic week for the books.
Iran's Foreign Minister declared the Strait of Hormuz fully open to commercial shipping. Crude oil plunged nearly 14%. Airlines and cruise lines surged.
Oil surged 38% from its pre-war level of $65, gas jumped from $2.98 to $4.09, and Kpler data shows Hormuz flows are still severely disrupted. Yet seven major energy stocks still price in a resolution that hasn't arrived — trading at 7x to 11x forward P/E. Is this a generational buying opportunity, or a value trap?
UBS analyst Josh Silverstein maintains Devon Energy (NYSE:DVN) with a Buy and lowers the price target from $61 to $60.
Devon Energy CorporationCOMMON STOCK, PREFERRED STOCK, DEPOSITARY SHARES, WARRANTS, DEBT SECURITIES, STOCK PURCHASE CONTRACTS AND STOCK PURCHASE UNITSWe may offer and sell the securities listed above from time to time in
XLE falls 4.7% and XOP drops 6.3%—worst sessions since April 2025—as WTI crashes 18% on Trump's Iran ceasefire. APA leads XLE losses at −13.3%.
XLE is up 40% YTD and the XLE/SPY ratio surged 50% in Q1 2026 — the widest gap between energy and the S&P 500 ever recorded.
Citigroup analyst Scott Gruber maintains Devon Energy (NYSE:DVN) with a Buy and raises the price target from $44 to $60.