Aug. 20 at 11:01 AM
$DVN DVN shares have gained 9.2% in the past month, outperforming the Zacks Oil & Gas- Exploration and Production-United States industry's return of 6.7% and the broader Zacks Oil and Energy sector's 6.3%. The company has also outperformed the Zacks S&P 500 composite's 3% return in the same period.
Devon Energy benefits from its high-quality, multi-basin asset portfolio, disciplined cost management, prudent debt practices and strategic investments focused on strengthening and expanding operations.
Devon Energy's expanded U.S. portfolio now spans Permian, Rockies, Eagle Ford, Anadarko and Marcellus, broadening exposure across oil, gas and NGLs.