Credit Suisse Maintains Outperform on Devon Energy, Raises Price Target to $60
Credit Suisse analyst William Janela maintains Devon Energy (NYSE:DVN) with a Outperform and raises the price target from $58 to $60.
Recap: Devon Energy Q4 Earnings
Devon Energy (NYSE:DVN) reported its Q4 earnings results on Tuesday, February 15, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Devon Energy beat estimated earnings by 12.1%, reporting an EPS of $1.39 versus an estimate of $1.24.
Devon Energy Q4 EPS $1.08 Misses $1.24 Estimate
Devon Energy (NYSE:DVN) reported quarterly earnings of $1.08 per share which missed the analyst consensus estimate of $1.24 by 12.9 percent. This is a 10700 percent increase over earnings of $0.01 per share from the same
Earnings Outlook For Devon Energy
Devon Energy (NYSE:DVN) is set to give its latest quarterly earnings report on Tuesday, 2022-02-15. Here's what investors need to know before the announcement.
Analysts estimate that Devon Energy will report an earnings per share (EPS) of $1.24.
This Energy Stock Has A Better 1-Year Return Than Bitcoin, Ethereum, Litecoin And Dogecoin
Devon Energy Corp (NYSE: DVN) has been a dominant force in the production of oil, natural gas and natural gas liquids in the United States, and over the past year, produced strong returns for investors.
Profiting Off Putin’s Play
Well, not his picks exactly, but with a Russian invasion of Ukraine “a distinct possibility” in February according to President Biden, investors can count on global markets continuing to fall. But while equities may lose across the board, there will be winners.
Morgan Stanley Maintains Equal-Weight on Devon Energy, Raises Price Target to $54
Morgan Stanley analyst Devin McDermott maintains Devon Energy (NYSE:DVN) with a Equal-Weight and raises the price target from $52 to $54.
Goldman Sachs Downgrades Devon Energy to Neutral
Goldman Sachs analyst Neil Mehta downgrades Devon Energy (NYSE:DVN) from Buy to Neutral.
Barclays Maintains Overweight on Devon Energy, Raises Price Target to $51
Barclays analyst Matthew Murphy maintains Devon Energy (NYSE:DVN) with a Overweight and raises the price target from $49 to $51.