最新ニュース Devon Energy (NYSE:DVN) 株価情報

Devon Energy

Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two thirds of its production comes from the Permian Basin, it also holds a meaningful presence in the Anadarko, Eagle Ford, and Bakken basins. At the end of 2023, Devon reported net proved reserves of 1.8 billion barrels of oil equivalent. Net production averaged roughly 658,000 barrels of oil equivalent per day in 2023 at a ratio of 73% oil and natural gas liquids and 27% natural gas.

Devon Energy Corp

DANAVATION TECHNOLOGIES by Danavation Technologies Corp.

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DEVIN ENERGY CORP by Devin Energy Corp.

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Piper Sandler analyst Mark Lear maintains Devon Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) with a Overweight and raises the price target from $53 to $54.

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Piper Sandler Maintains Overweight on Devon Energy, Raises Price Target to $54

Note: This story has been updated with additional details on recent moves by tech titans.
Rep. Marjorie Taylor Greene (R-Ga.) <a href="https://www.benzinga.com/insights/government/25/01/43271358/georgia-rep-marjorie-taylor-greene-bought-over-1k-worth-of-asml-holding-stock-heres-what-you-">disclosed</a> a series of new trades as President Donald Trump&#8216;s equations with the leaders of Big Tech companies and other firms evolve during his second term. Greene&#8217;s portfolio shows the addition of 14 stocks and U.S. Treasuries, in a disclosure dated Jan. 27.
What Happened: The Republican politician, Greene, who has been the representative of Georgia&#8217;s 14th congressional district since 2021 has added a total of five lots of Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Advanced Micro Devices Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), with a transaction value of $1,001-$15,000 each to her portfolio in 2025, with the most recent trade on Jan. 21.
According to Benzinga&#8217;s government trades <a href="https://www.benzinga.com/gov-trades/members/marjorie-taylor-greene">tracking tool</a>, Taylor Greene also owns two lots of Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), with the recent purchase valued at $1,001-$15,000 on Jan. 21.
Whereas, Green purchased Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) and Visa Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) for the first time in 2025 on Jan. 21, valued at around $1,001-$15,000, ahead of the Federal Reserve&#8217;s interest rate decision
Here&#8217;s a summary of Greene&#8217;s trades on Jan. 21:
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Stocks/Bonds Purchased</td>
<td>Amount</td>
</tr>
<tr>
<td>Advanced Micro Devices Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>)</td>
<td>$1,001-$15,000</td>
</tr>
<tr>
<td>Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)</td>
<td>$1,001-$15,000</td>
</tr>
<tr>
<td>Cardinal Health Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAH#NYSE">CAH</a>)</td>
<td>$1,001-$15,000</td>
</tr>
<tr>
<td>Devon Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>)</td>
<td>$1,001-$15,000</td>
</tr>
<tr>
<td>Eli Lilly And Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>)</td>
<td>$1,001-$15,000</td>
</tr>
<tr>
<td>Kinder Morgan Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMI#NYSE">KMI</a>)</td>
<td>$1,001-$15,000</td>
</tr>
<tr>
<td>Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)</td>
<td>$1,001-$15,000</td>
</tr>
<tr>
<td>NextEra Energy Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>)</td>
<td>$1,001-$15,000</td>
</tr>
<tr>
<td>Norfolk Southern Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSC#NYSE">NSC</a>)</td>
<td>$1,001-$15,000</td>
</tr>
<tr>
<td>Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td>$1,001-$15,000</td>
</tr>
<tr>
<td>Occidental Petroleum Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>)</td>
<td>$1,001-$15,000</td>
</tr>
<tr>
<td>Old Dominion Freight Line Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODFL#NASDAQ">ODFL</a>)</td>
<td>$1,001-$15,000</td>
</tr>
<tr>
<td>Palo Alto Networks Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>)</td>
<td>$1,001-$15,000</td>
</tr>
<tr>
<td>Visa Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>)</td>
<td>$1,001-$15,000</td>
</tr>
<tr>
<td>US Treasury Bills</td>
<td>$50,001-$100,000</td>
</tr>
</tbody>
</table>
</figure>
While she owned two lots of Palo Alto Networks worth $1,001-$15,000 and one lot of U.S. Treasury bills worth $100,001-$250,000, all other purchases in the list are the most recent, dated Jan. 21.
See Also: <a href="https://www.benzinga.com/25/01/43295664/nvidia-supplier-asml-beats-q4-earnings-as-ceo-says-ai-is-key-driver-for-growth-is-it-a-buy-sell-or-hold-heres-what-technical-analysis-suggest">Nvidia Supplier ASML Beats Q4 Earnings Estimates, CEO Says &#8216;AI Is Key Driver For Growth:&#8217; Buy, Sell, Or Hold? Here&#8217;s What Technical Analysis Suggests </a>
Apart, from these stocks, she had investments worth $1,001-$15,000 in three lots of Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>), Berkshire Hathaway Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>), and Caterpillar Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) in 2025.
She also held one lot worth $1,001-$15,000 in Home Depot Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>), iShares Bitcoin Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>), Southern Copper Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCCO#NYSE">SCCO</a>), Hershey Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HSY#NYSE">HSY</a>), and two lots worth the same in United Parcel Service Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>) and Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), in 2025.
Lastly, in 2025, she owned four lots of the same amount in JPMorgan Chase &amp; Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) and Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>).
Why It Matters: Members of Congress, both senators and representatives must publicly <a href="https://www.benzinga.com/insights/government/25/01/43271358/georgia-rep-marjorie-taylor-greene-bought-over-1k-worth-of-asml-holding-stock-heres-what-you-">disclose</a> any personal stock trades they make. This means they have to file a report whenever they buy or sell stock.
The STOCK Act, which became law in 2012, requires these reports to be filed within 45 days of the transaction and also mandates monthly disclosures of their financial holdings. This law aims to prevent insider trading by making sure Congress members don&#8217;t use their privileged information for personal profit in the stock market.
Major tech titans, including Tesla&#8217;s Elon Musk, Amazon&#8217;s Jeff Bezos, Meta&#8217;s Mark Zuckerberg, Apple&#8217;s Tim Cook, And Google&#8217;s Sundar Pichai have been visiting President <a href="https://www.benzinga.com/news/25/01/42935628/mark-zuckerberg-meets-donald-trump-at-mar-a-lago-mending-fences-ahead-of-gop-white-house-return">Trump's Mar-a-Lago </a>residence, reportedly seeking to shape future tech policies. 
Following Trump's victory in the 2024 U.S. presidential election, major tech leaders are shifting their strategies to align with the new administration. Zuckerberg <a href="https://www.benzinga.com/tech/25/01/42779753/mark-zuckerbergs-meta-replaces-global-affairs-chief-nick-clegg-with-republican-joel-kaplan-ahead-of-trump-inauguration">appointed Republican</a> Joel Kaplan to lead policy and donated $1 million. Google, Amazon, and Apple followed suit with similar contributions. Microsoft's Satya Nadella, who reportedly gave $500,000 to Trump&#8217;s first inauguration, is also engaging with the new administration to strengthen relations.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/43263070/deepseek-buzz-batters-big-tech-but-this-analyst-says-buy-the-dip-heres-a-list-of-top-five-semiconductor-etfs-with-the-lowest-expense-rations-that-investors-could-consider">DeepSeek Buzz Batters Big Tech But This Analyst Says &#8216;Buy The Dip:&#8217; Here&#8217;s Are Top 5 Semiconductor ETFs With The Lowest Expense Ratios That You Can Consider </a></li>
</ul>
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Marjorie Taylor Greene Loads Up On Meta, Amazon, Tesla, Nvidia And Other Stocks As Donald Trump's New Equations With Big Tech Leaders Sets Stage For Growth: What Is At Stake? (UPDATED)

January 27, 2025 records indicate that Representative Marjorie Taylor Greene filed a purchase of Devon Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>), valued between $1,001 and $15,000. According to the January filing, the transaction occurred on January 27, 2025.
Currently, Devon Energy shares are trading up 1.02% at $35.69.
<h3>Representative's Recent Trading Activity</h3>
In the last three years, Marjorie Taylor Greene completed 163 stock transactions totaling more than $1.14 million. Costco Wholesale and Home Depot stocks were among the largest trades. Some of the most notable transactions the Rep. has executed recently include: 
<ul>
<li>Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>): $1,001 - $15,000 Purchase</li>
<li>Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>): $1,001 - $15,000 Purchase</li>
<li>Applied Mat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>): $1,001 - $15,000 Purchase</li>
</ul>
Here's a summary of Marjorie Taylor Greene's recent trades:
<table>
<thead>
<tr>
<th>Company</th>
<th>Ticker</th>
<th>Stock Type</th>
<th>Amount</th>
<th>Transaction Type</th>
<th>Transaction Date</th>
</tr>
</thead>
<tbody>
<tr>
<td>Adobe</td>
<td>ADBE</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>P</td>
<td>2024-12-24</td>
</tr>
<tr>
<td>Amazon.com</td>
<td>AMZN</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>P</td>
<td>2024-12-24</td>
</tr>
<tr>
<td>Applied Mat</td>
<td>AMAT</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>P</td>
<td>2024-12-24</td>
</tr>
<tr>
<td>Caterpillar</td>
<td>CAT</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>P</td>
<td>2024-12-24</td>
</tr>
<tr>
<td>Duke Energy</td>
<td>DUK</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>P</td>
<td>2024-12-24</td>
</tr>
</tbody>
</table>
To keep an eye on Marjorie Taylor Greene's trades and other government stock activity, check out our <a href="https://www.benzinga.com/gov-trades/members/marjorie-taylor-greene">real-time tracking tool</a>!
<h3>Why Congressional Transactions Matter</h3>
A congressional transaction is when any representative or senator either buys or sells an individual stock.
Anyone working in Congress must file a Periodic Transaction Report to inform the public of their recent transaction within 30 days of being notified of the transaction and within 45 days of the transaction date.
In April 2012, Former President Barack Obama signed the STOCK Act into law. The act prohibits members of Congress from using private information given to them by their position for personal gain such as buying or selling a stock. The act also expanded disclosure requirements for members of Congress by requiring them to file a monthly disclosure.
<h3>The Importance of Congressional Transactions</h3>
Congressional transactions shouldn't be the primary reason for an investing decision, but they can be an important factor for an investor to consider.
When a senator or representative makes a new purchase, it could be an indication they expect the stock to rise.
A sale, on the other hand, can be made for a variety of reasons, and may not necessarily mean the seller thinks the stock will go down.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Rep. Marjorie Taylor Greene Has Bought Up to $15K Worth Of Devon Energy Stock: Here's What You Should Know

Editor&#8217;s note: This story has been updated to correct the name and title of Edward Jones strategist Mona Mahajan. 
President Donald Trump&#8216;s first week in office pushed equities to new highs, with the S&amp;P 500 marking its <a href="https://www.benzinga.com/24/12/42653753/history-may-hint-at-sp-500-struggles-in-2025-yet-there-is-also-hope-heres-why">first record</a> of 2025. Trump&#8217;s focus on four key areas, driven by macroeconomic considerations, included technology, tariffs, the energy sector, and immigration reform.
What Happened: Some highlights from Trump&#8217;s first week included pouring tariff threats and the <a href="https://www.benzinga.com/25/01/43111153/nvidia-and-ai-stock-rises-as-trump-announces-500-billion-stargate-ai-infrastructure-venture">$500 billion artificial intelligence project &#8211; Stargate</a>. This drove a rally in tech stocks and among the project beneficiaries.
However, experts <a href="https://www.edwardjones.com/us-en/market-news-insights/guidance-perspective/political-impact-portfolios">at</a> Edward Jones said that investors should remember to &#8220;not play politics with their portfolios.&#8221; The note stated that market forces are more powerful than political forces over the long term. &#8220;What sounds promising during election campaigns often may not work in reality.&#8221;
See Also: <a href="https://www.benzinga.com/25/01/43183617/goldman-research-shows-us-market-falls-just-5-after-tariff-imposition-but-7-after-retaliatory-tariffs-we-lose-when-we-punch-and-we-lose-when-were-punched-says-economist">Trump Tariffs A Lose-Lose Proposition? Goldman Research Indicates Markets Fall After Imposition And Retaliation — Economist Warns &#8216;We Lose When We Punch And We Lose When We&#8217;re Punched&#8217;</a>
While new policy proposals were generally more measured than expected, which pleased markets, Edward Jones anticipates volatility as further updates are released. Here is their view on the list of reforms and which sector and stocks may be impacted by it.
<h3 class="wp-block-heading">Will The Energy Companies Support New Reforms?</h3>
The new administration prioritized energy reform, with Trump fulfilling his &#8220;drill, baby, drill&#8221; promise through executive actions supporting U.S. oil and gas production. These included declaring a national energy emergency to ease fossil-fuel production restrictions, expediting energy infrastructure projects, rolling back climate-change initiatives, and withdrawing from the Paris Climate Agreement.
However, Edward Jones strategist Mona Mahajan observed that increasing oil and gas supply would lower energy prices, potentially putting downward pressure on revenue growth and earnings for major energy producers. &#8220;Lower energy and gas prices would, however, be a positive for containing inflation.&#8221;
The exchange-traded fund tracking the sector, iShares US Energy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYE#NYSE">IYE</a>), dropped 2.46% in the four sessions of the last week. Whereas, Chevron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) slipped 1.64%, Devon Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) fell 2.10%, and TotalEnergies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TTE#NYSE">TTE</a>) declined 0.64%, in the same period, as per <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
<figure class="wp-block-image size-large"><a href="https://pro.benzinga.com/dashboard"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27014654/Energy-stocks-1024x576.png" alt="" class="wp-image-750335" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27014654/Energy-stocks-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27014654/Energy-stocks-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27014654/Energy-stocks-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27014654/Energy-stocks-1536x864.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27014654/Energy-stocks.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
<h3 class="wp-block-heading">Will Immigration Reform Increase Inflation?</h3>
The executive orders also prioritized immigration reform as key actions included declaring a national emergency, labeling drug cartels as terrorist organizations, and restricting benefits for undocumented immigrants. While mass deportations have not materialized, troop deployments have been enhanced at the border.
Investors will closely monitor any expansion of deportation activity, as this could significantly disrupt labor markets, said the note. &#8220;A smaller labor force could mean not only softer growth in the U.S., but it may also cause employers to pay higher wages to attract workers, which could lead to price increases and renewed inflationary pressure,&#8221; the note added.
See Also: <a href="https://www.benzinga.com/25/01/43189195/higher-yields-less-liquidity-market-uncertainty-how-can-bank-of-japans-u-turn-from-historically-low-interest-rates-impact-us-market">How Bank Of Japan&#8217;s Shift From Historically Low Interest Rates Impacts US Markets: Higher Yields, Less Liquidity, Market Uncertainty And More </a>
<h3 class="wp-block-heading">No Concrete Action On Tariffs Yet</h3>
Despite the threats to impose 25% tariffs on Canada and Mexico, along with 10% on China, starting Feb. 1, no action has been taken. The Trump administration has directed federal agencies to evaluate U.S. trade policy and submit recommendations by April 1.
Tariffs are increasingly likely to target specific sectors and companies and serve as a negotiating leverage rather than a tool for global trade conflicts, the note said. &#8220;The administration is likely more sensitive to enacting tariffs that could increase consumer prices and be inflationary,&#8221; it added.
<h3 class="wp-block-heading">Bets On AI To Drive Technology</h3>
Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), and Oracle Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NASDAQ">ORCL</a>) are the U.S.-listed beneficiaries of the private-sector-backed project Stargate, announced by Trump last week. He also signed an executive order to make the U.S. the global leader in artificial intelligence, directing agencies to develop policies to ensure dominance in the field.
&#8220;The investments in data centers and electricity are critical for the U.S. to maintain leadership and be a driver for AI technology and applications. The government investment in technology infrastructure, we believe, will pay dividends in the form of enhanced innovation and productivity in the future,&#8221; the note added.
The ETF tracking AI-linked companies, Invesco AI and Next Gen Software ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IGPT#NYSE">IGPT</a>), rose 0.08% in the four sessions of the previous week. While MSFT was up 3.63%, NVDA gained 1.27% and ORCL advanced 6.39%, in the same period, as per <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
<figure class="wp-block-image size-large"><a href="https://pro.benzinga.com/dashboard"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27014635/Tech-stocks-1024x576.png" alt="" class="wp-image-750334" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27014635/Tech-stocks-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27014635/Tech-stocks-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27014635/Tech-stocks-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27014635/Tech-stocks-1536x864.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27014635/Tech-stocks.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read Next:
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<li><a href="https://www.benzinga.com/general/market-summary/25/01/43184963/nvidia-microsoft-or-oracle-which-among-these-stargate-ai-project-beneficiaries-are-the-least-expensive-to-own">Nvidia, Microsoft, Or Oracle: Which Stock Among These Stargate AI Project Beneficiaries Are The Least Expensive To Own?</a></li>
</ul>
Photo courtesy: Shutterstock

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Trump's Executive Orders Fuel Tech, Weaken Energy Stocks In His First Week: Immigration, Tariff Reforms On Cards But Experts Say 'Don't Play Politics With Your Portfolio' (CORRECTED)

Raymond James analyst John Freeman maintains Devon Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) with a Outperform and raises the price target from $53 to $54.

Raymond James Maintains Outperform on Devon Energy, Raises Price Target to $54

Looking into the current session, Devon Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) shares are trading at $36.77, after a 0.85% increase. Moreover, over the past month, the stock spiked by 18.26%, but in the past year, decreased by 13.68%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2025/1737643512_0.png" alt="Past Year Chart" />

<h3>A Look at Devon Energy P/E Relative to Its Competitors</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Devon Energy has a lower P/E than the aggregate P/E of 30.06 of the Oil, Gas &amp; Consumable Fuels industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2025/1737643512_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Intraday Update

Price Over Earnings Overview: Devon Energy

Providing a diverse range of perspectives from bullish to bearish, 12 analysts have published ratings on Devon Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) in the last three months.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">7</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">3</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $48.58, with a high estimate of $62.00 and a low estimate of $42.00. Highlighting a 4.75% decrease, the current average has fallen from the previous average price target of $51.00. 
<img src="https://www.benzinga.com/files/images/story/2025/1736964042_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The standing of Devon Energy among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Bob Brackett</td>
<td>Bernstein</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$45.00</td>
<td>$45.00</td>
</tr>
<tr>
<td>Subash Chandra</td>
<td>Benchmark</td>
<td>Maintains</td>
<td>Buy</td>
<td>$44.00</td>
<td>$44.00</td>
</tr>
<tr>
<td>Neal Dingmann</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$42.00</td>
<td>$43.00</td>
</tr>
<tr>
<td>Scott Hanold</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Sector Perform</td>
<td>$50.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Mark Lear</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$53.00</td>
<td>$57.00</td>
</tr>
<tr>
<td>Roger Read</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$43.00</td>
<td>$49.00</td>
</tr>
<tr>
<td>Nitin Kumar</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$47.00</td>
<td>$51.00</td>
</tr>
<tr>
<td>Scott Gruber</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Buy</td>
<td>$48.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Mark Lear</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$57.00</td>
<td>$56.00</td>
</tr>
<tr>
<td>Roger Read</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$49.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Neal Dingmann</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$43.00</td>
<td>$49.00</td>
</tr>
<tr>
<td>Biju Perincheril</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Positive</td>
<td>$62.00</td>
<td>$63.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Devon Energy. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Devon Energy compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Devon Energy's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Devon Energy's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/DVN/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Devon Energy analyst ratings.</a>
<h2>Get to Know Devon Energy Better</h2>
Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two thirds of its production comes from the Permian Basin, it also holds a meaningful presence in the Anadarko, Eagle Ford, and Bakken basins. At the end of 2023, Devon reported net proved reserves of 1.8 billion barrels of oil equivalent. Net production averaged roughly 658,000 barrels of oil equivalent per day in 2023 at a ratio of 73% oil and natural gas liquids and 27% natural gas.
<h3>Financial Insights: Devon Energy</h3>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: Over the 3 months period, Devon Energy showcased positive performance, achieving a revenue growth rate of 4.9% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Energy sector.
Net Margin: Devon Energy's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 20.18% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Devon Energy's ROE stands out, surpassing industry averages. With an impressive ROE of 6.05%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Devon Energy's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.93%, the company showcases efficient use of assets and strong financial health.
Debt Management: Devon Energy's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.65, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>Analyst Ratings: Simplified</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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Devon Energy Stock: A Deep Dive Into Analyst Perspectives (12 Ratings)

Bernstein analyst Bob Brackett upgrades Devon Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) from Market Perform to Outperform and maintains the price target from $45 to $45.

Upgrades

Bernstein Upgrades Devon Energy to Outperform, Maintains Price Target to $45

Financial giants have made a conspicuous bearish move on Devon Energy. Our analysis of options history for Devon Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) revealed 11 unusual trades.
Delving into the details, we found 27% of traders were bullish, while 54% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $306,780, and 8 were calls, valued at $362,898.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $35.0 to $45.0 for Devon Energy over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Devon Energy's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Devon Energy's substantial trades, within a strike price spectrum from $35.0 to $45.0 over the preceding 30 days.
<h3>Devon Energy Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1736886935_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>DVN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$5.4</td>
<td>$5.3</td>
<td>$5.4</td>
<td>$40.00</td>
<td>$152.2K</td>
<td align="right">565</td>
<td align="right">526</td>
</tr>
<tr>
<td>DVN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$5.45</td>
<td>$5.4</td>
<td>$5.4</td>
<td>$40.00</td>
<td>$123.9K</td>
<td align="right">565</td>
<td align="right">242</td>
</tr>
<tr>
<td>DVN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$3.85</td>
<td>$3.7</td>
<td>$3.85</td>
<td>$37.50</td>
<td>$103.5K</td>
<td align="right">567</td>
<td align="right">0</td>
</tr>
<tr>
<td>DVN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/21/25</td>
<td>$2.81</td>
<td>$2.75</td>
<td>$2.81</td>
<td>$42.50</td>
<td>$48.3K</td>
<td align="right">147</td>
<td align="right">294</td>
</tr>
<tr>
<td>DVN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/21/25</td>
<td>$2.86</td>
<td>$2.75</td>
<td>$2.75</td>
<td>$42.50</td>
<td>$45.1K</td>
<td align="right">147</td>
<td align="right">452</td>
</tr>
</tbody>
</table>

<h3>About Devon Energy</h3>
Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two thirds of its production comes from the Permian Basin, it also holds a meaningful presence in the Anadarko, Eagle Ford, and Bakken basins. At the end of 2023, Devon reported net proved reserves of 1.8 billion barrels of oil equivalent. Net production averaged roughly 658,000 barrels of oil equivalent per day in 2023 at a ratio of 73% oil and natural gas liquids and 27% natural gas.
<h3>Devon Energy's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 5,716,451, the DVN's price is down by -0.33%, now at $36.65. </li>
<li>RSI readings suggest the stock is currently may be overbought.</li>
<li>Anticipated earnings release is in 35 days.</li>
</ul>
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Options

Devon Energy's Options Frenzy: What You Need to Know

Benchmark analyst Subash Chandra upgrades Devon Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) from Hold to Buy and maintains the price target from $44 to $44.

Benchmark Upgrades Devon Energy to Buy, Maintains Price Target to $44

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Truist Securities analyst Neal Dingmann maintains Devon Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) with a Hold and lowers the price target from $43 to $42.

Truist Securities Maintains Hold on Devon Energy, Lowers Price Target to $42

RBC Capital analyst Scott Hanold reiterates Devon Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) with a Sector Perform and maintains $50 price target.

Reiteration

RBC Capital Reiterates Sector Perform on Devon Energy, Maintains $50 Price Target

Devon Energy's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) short percent of float has risen 22.53% since its last report. The company recently reported that it has 25.88 million shares sold short, which is 4.46% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.47 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Devon Energy Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1736428512_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Devon Energy has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Devon Energy's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Devon Energy's peer group average for short interest as a percentage of float is 7.13%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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Short Ideas

(DVN) - Analyzing Devon Energy's Short Interest

President-elect Donald Trump spotlighted artificial intelligence and drilling expansion as pillars of his economic vision Tuesday, pledging to foster AI-driven innovation while slashing energy<a href="https://www.benzinga.com/topic/regulations"> costs through expanded deregulation.</a>
During a press conference at Mar-a-Lago, Trump outlined plans to accelerate America's leadership in artificial intelligence by supporting private investments in data centers and energy infrastructure.
"A lot of people don&#8217;t realize that AI is going to be a big thing but you'll need double the electricity at least that we have right now," Trump said, hinting at the plan to markedly raise U.S. energy production to meet fast-growing AI demands.
He indicated that expanding access to oil and gas is critical to keeping energy costs low and powering future industry.
Calling Biden's offshore drilling ban "a crime" against America's economic potential, Trump pledged to overturn the policy immediately upon taking office. "We're going to be drilling, and energy costs are going to come way down," he said.
According to Trump, reversing Biden&#8217;s offshore drilling ban would unlock 625 million acres of offshore reserves valued at $50 to $60 trillion.
<h1 class="wp-block-heading">Trump Pledges Faster Permits</h1>
Trump contrasted the U.S. permitting delays with China's rapid expansion of energy infrastructure, which he said is fueling its artificial intelligence sector. 
He called out the U.S. permitting system as a major barrier to economic progress, particularly in the energy sector.
"China is already building massive electric facilities, and you know how they're being fired up? With coal," Trump said. 
The tycoon pledged to streamline environmental permitting for large-scale projects, promising expedited reviews for companies investing $1 billion or more in the U.S. economy. 
"We're going to move them quickly through the environmental process," Trump said, referencing delays that have sometimes lasted more than a decade. 
"I've seen plants in Louisiana where I got it approved in literally a week after they spent 14 and a half years trying to get it done."
Trump framed this regulatory overhaul as essential for keeping America competitive, particularly in energy and artificial intelligence. 
<h1 class="wp-block-heading">Market Reactions</h1>
U.S. oil and gas stocks outperformed on Tuesday, with the Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) up by 1%, yet trimming session gains in afternoon trading.
The broader energy sector&#8217;s price action showed little sign of bullish momentum after Trump&#8217;s remarks.
Among individual names, Devon Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) gained 2.8%, Texas Pacific Land Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPL#NYSE">TPL</a>) rose 2.7%, and Hess Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HES#NYSE">HES</a>) advanced 2%, leading the pack of Tuesday&#8217;s top-performing, large-cap energy stocks.
The technology-heavy AI sector lagged significantly, with the Global X Artificial Intelligence &amp; Technology ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIQ#NYSE">AIQ</a>) closing nearly 2% lower. The decline in AI sector came as NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) tumbled 6% and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) fell 4.1%.
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Wolfe Research analyst Doug Leggate upgrades Devon Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) from Peer Perform to Outperform.

Wolfe Research Upgrades Devon Energy to Outperform

Russian gas exports reportedly stopped running through Soviet-era Ukrainian pipelines on Wednesday after Ukraine refused to renew <a href="https://www.benzinga.com/news/econ-s/25/01/42769181/natural-gas-prices-surge-as-arctic-blast-freezes-us-3-stocks-on-the-move">a transit agreement.</a>
The Details: Russia's gas firm Gazprom said the gas stopped at 0500 GMT after Ukraine refused to renew the transit agreement in a widely anticipated move.  
Reuters reported that Ukrainian President Volodymyr Zelenskyy wrote on Telegram that the end of Russian natural gas flows through Ukraine was &#8220;one of Moscow&#8217;s biggest defeats.&#8221;&nbsp;
Zelenskyy also encouraged allies to supply more gas to Europe to fill the gap left by the end of the Russian supply.&nbsp;
&#8220;The more there is on the market from Europe&#8217;s real partners, the faster we will overcome the last negative consequences of European energy dependence on Russia,&#8221; he wrote.
Read Next: <a href="https://www.benzinga.com/news/global/24/12/42743937/natural-gas-prices-spike-as-bone-chilling-arctic-blast-approaches">Natural Gas Prices Spike As &#8216;Bone-Chilling&#8217; Arctic Blast Approaches</a>
Shares of U.S.-based liquified natural gas exporters, including Devon Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) and Cheniere Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>), are up Thursday as LNG exports to Europe are expected to rise in 2025. 
"Cheniere's LNG has been a vital part of the European response to Russia's war in Ukraine and has shown how security of supply, in the form of reliability of production and flexibility of delivery, are vastly important for this moment, and for the decades to come," Corey Grindal, COO of Cheniere Energy said in a 2023<a href="https://www.lng2023.org/news/cheniere-key-contributor-european-energy-security"> interview</a>.&nbsp;
"Cheniere produced about 11% of all LNG worldwide in 2022 and more than 70% of Cheniere's LNG was exported to Europe, by Cheniere or our customers," Grindal added.&nbsp;
The European Commission released a statement stating that the EU had anticipated and prepared for the stoppage of Russian gas flows.&nbsp;
‘&#8221;The European gas infrastructure is flexible enough to provide gas of non-Russian origin,&#8221; a spokesperson for the commission said. &#8220;It has been reinforced with significant new LNG (liquefied natural gas) import capacities since 2022.&#8221;
According to Reuters, Hungary will continue to receive Russian gas through the TurkStream pipeline and the last remaining European buyers of Russian gas, Slovakia and Austria, have arranged other supplies. &nbsp;
The Slovakian government said on Tuesday that there is no danger of a gas shortage and its state-owned gas firm SPP has gas supply contracts with large international suppliers including BP PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>), Exxon Mobil Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) and Shell PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHEL#NYSE">SHEL</a>). 
Investors can monitor the broader energy sector through the SPDR Select Energy Sector Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) which tracks the S&amp;P Energy Select Sector Index, composed of 22 companies that primarily develop and produce crude oil and natural gas. 
Read More:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/25/01/42768507/china-slaps-export-restrictions-on-dozens-of-us-companies-boeing-lockheed-martin-general-dynamics-raytheon-affected">China&#8217;s Export Crackdown Hits Boeing, Lockheed Martin And More&nbsp;</a></li>
</ul>
Photo: Shutterstock

Eurozone

Global

Russian Natural Gas Delivery To Europe Halted: US-Listed LNG Stocks Gain As Exports Set To Increase In 2025

<figure class="wp-block-image size-large"><img decoding="async" src="https://thearorareport.com/wp-content/uploads/2025/01/2025-01-02_08h31_20.png" alt="" /></figure>
To gain an edge, this is what you need to know today.
<h4 class="wp-block-heading">New Year Mantra</h4>
An enlarged chart of SPDR S&amp;P 500 ETF Trust which represents the benchmark stock market index S&amp;P 500 (SPX).
Note the following:
<ul>
<li>On the first day of trading in 2025, the chart shows that the stock market has pulled back close to the breakout line.</li>
<li>The chart shows the micro resistance zone and the support zone.</li>
<li>RSI on the chart shows that the stock market is neither overbought nor oversold.&nbsp; It is poised to go either way.</li>
<li>Wall Street machines are ready to jump on whichever direction the stock market starts moving.</li>
<li>In the early trade, the momo crowd and meme crowd are buying extremely aggressively.</li>
<li>At the start of 2025, the sentiment is extremely positive.&nbsp; The Arora Report has been sharing with readers, extreme positive sentiment is a contrary signal.&nbsp; In plain English, it means sell.&nbsp; Keep in mind, sentiment is not a precise timing indicator.&nbsp; Further, sentiment is only one of many indicators.&nbsp; Prudent investors should follow a 360 degree analysis from a proven system such as the adaptive <a href="https://thearorareport.com/ALLOCATION%2BMODELS.htm">ZYX Allocation Model </a>with inputs in ten categories.</li>
<li>The last time sentiment was this positive at the start of a new year was in 2000. In 2000, after five years of internet frenzy, the market crashed.&nbsp; Those who were primarily invested in speculative stocks lost 90% &#8211; 95% of the value of their portfolios.</li>
<li>As the market enters 2025, the AI frenzy has been going for only two years versus five years of internet frenzy before the market crashed in 2000.</li>
<li>With extreme hopium, here is the mantra the stock market is following for 2025:
<ul>
<li>Trump will fix everything.&nbsp; At The Arora Report, we would like nothing more than to see Trump succeed.&nbsp; However, the market may face a rude awakening when hopium meets reality.</li>
<li>As a Magic 8 Ball solution, the market believes bitcoin is the solution to budget deficits, $36T of national debt, and maintaining the dollar as the world's reserve currency.&nbsp; Trump is apparently planning a one million bitcoin U.S. strategic reserve.&nbsp; The biggest U.S. based bitcoin whale is advocating for a six to seven million bitcoin reserve.&nbsp; In The Arora Report analysis, while it is not impossible for bitcoin to fix these issues, the probability of it working out the way bitcoin bulls are promoting is low.&nbsp;</li>
<li>The stock market is believing that the AI frenzy will continue for a third year, taking the stock market to new highs.&nbsp; In The Arora Report analysis, AI will become smarter and more pervasive in 2025, leading to large productivity gains.&nbsp; However, AI will also be disruptive.&nbsp; Even though the stock market thinks there will only be winners from AI, the reality is there will also be many losers.&nbsp; Further in The Arora Report analysis, money will flow out of some of the present day AI favorites to more software companies and other companies that are users of AI.</li>
<li>Quantum computing is the latest buzz word that is spreading like wildfire.&nbsp; In The Arora Report analysis, quantum computing has the potential to be bigger than the internet and AI.&nbsp; The emphasis here is on the word "potential." &nbsp; Further in The Arora Report analysis, know-nothing pumpers are in fantasy land regarding quantum computing.&nbsp; Although there are significant advances in the science, reality is nowhere near the fantasy that is spreading like wildfire.&nbsp; Expect many in the momo crowd to become bag holders.</li>
</ul>
</li>
<li>The stock market is hoping that the Fed will continue to cut rates under pressure from Trump even when the data may not support rate cuts.&nbsp; In The Arora Report analysis, in 2018 in the face of opposition from Trump, Powell did not have the spine to continue with rate cuts and he reversed.&nbsp; Market hopium regarding the Fed may work, unless inflation heats up.&nbsp; In The Arora Report analysis, there is better than 50% probability of inflation heating up depending upon how Trump executes his policies.</li>
<li>Initial jobless claims came at 211K vs. 224K consensus.&nbsp; This indicates that the jobs picture remains strong, especially at the low end.&nbsp; If the data continues this strong, the Fed will have difficulty cutting rates further.</li>
<li>As of this writing, some of the extreme optimism from early this morning is dissipating on the data that Tesla Inc deliveries came at 495K vs. 504K consensus.   TSLA stock has been a major gainer after Trump&#8217;s re-election.  As full disclosure, TSLA is in The Arora Report&#8217;s ZYX Buy Core Model Portfolio.</li>
</ul>
<h4 class="wp-block-heading">Europe</h4>
After 57 years, Russian gas has stopped flowing to Europe through Ukraine.&nbsp; Natural gas prices are rising.&nbsp; Two beneficiaries of rising natural gas prices in The Arora Report&#8217;s ZYX Buy Core Model Portfolio are Shell PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHEL#NYSE">SHEL</a>) and EOG Resources Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>).&nbsp; Other stocks benefiting from rising natural gas prices are Expand Energy Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXE#NASDAQ">EXE</a>), EQT Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>), and Range Resources Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RRC#NYSE">RRC</a>) – as full disclosure, these stocks are in the portfolio that surrounds The Arora Report&#8217;s Model Portfolio in ZYX Buy.&nbsp; As full disclosure, natural gas stock Devon Energy Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) is in the January Effect list.
<h4 class="wp-block-heading">China</h4>
Chinese stocks have started the new year on a sour note on concerns about Trump tariffs.
<h4 class="wp-block-heading">Magnificent Seven Money Flows</h4>
In the early trade, money flows are positive in Amazon.com, Inc., Alphabet Inc Class C , Meta Platforms Inc, Microsoft Corp, NVIDIA Corp, and TSLA.
In the early trade, money flows are negative in Apple Inc .
In the early trade, money flows are positive in S&amp;P 500 ETF (SPY) and Invesco QQQ Trust Series 1.
<h4 class="wp-block-heading">Momo Crowd And Smart Money In Stocks</h4>
Investors can gain an edge by knowing money flows in SPY and QQQ.  Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil.  The most popular ETF for gold is SPDR Gold Trust.  The most popular ETF for silver is iShares Silver Trust.  The most popular ETF for oil is United States Oil ETF.
<h4 class="wp-block-heading">Bitcoin</h4>
Bitcoin is seeing buying.
<h4 class="wp-block-heading">Protection Band And What To Do Now</h4>
It is important for investors to look ahead and not in the rearview mirror.&nbsp; The proprietary protection band from The Arora Report is very popular.&nbsp; The protection band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges.&nbsp; The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.&nbsp; If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash.&nbsp; A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp; When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.
<h4 class="wp-block-heading">Traditional 60/40 Portfolio</h4>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less.&nbsp; Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter-benzinga">Generate Wealth Newsletter</a>.

Stock Market's New Year Mantra - Trump, Bitcoin, AI, And Quantum Will Fix Everything

Jefferies analyst Lloyd Byrne maintained a Hold rating on Devon Energy (DVN – Research Report) yesterday and set a price target of $43.00. The comp...

Jefferies Keeps Their Hold Rating on Devon Energy (DVN)

Crude oil slides on Trump tariff comments, stronger dollar

Morgan Stanley raised the firm's price target on Devon Energy (DVN) to $49 from $47 and keeps an Overweight rating on the shares. The firm, which m...

Devon Energy price target raised to $49 from $47 at Morgan Stanley

Barclays lowered the firm's price target on Devon Energy (DVN) to $43 from $46 and keeps an Equal Weight rating on the shares as part of a Q4 earni...

Devon Energy price target lowered to $43 from $46 at Barclays

There's something to be said for active management; if I had just sort of crossed my arms and let the Sling and Arrows of Outrageous Fortune come along, it would have been bad. As it is, my 13 bearish positions are holding up nicely.

Current Bearish Positions

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Devon Energy put volume heavy and directionally bearish

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Devon Energy continues losses for eight straight sessions

The latest update is out from Devon Energy ( ($DVN) ). Devon Energy announced significant updates to its executive leadership team with the promoti...

Devon Energy Strengthens Executive Leadership Team with Key Appointments

ASML

CBRL

CROX

DRIP

GOOGL

GUSH

OKLO

SOUN

USOI

UUUU

Press Releases

Blackcomb Pipeline Reaches Final Investment Decision to Transport Growing Natural Gas Production from the Permian Basin to the Gulf Coast Region

Earnings

Dividends

Devon Energy Reports Second-Quarter 2024 Results and Declares Quarterly Dividend

Devon Energy Schedules Third-Quarter 2024 Earnings Release and Conference Call

Devon Energy Completes Strategic Acquisition in the Williston Basin

Devon Energy Reports Third-Quarter 2024 Results and Declares Quarterly Dividend

Management

Devon Energy President and CEO, Rick Muncrief, to Retire March 1, 2025; Clay Gaspar, Devon Chief Operating Officer, to Succeed Muncrief

Devon Energy CEO Announces Retirement

Devon Energy Schedules Fourth-Quarter and Full-Year 2024 Earnings Release and Conference Call

Devon Energy Announces Updates to Executive Leadership Team

WaterBridge Announces Long-Term Commercial Agreements with BPX Energy to Support Delaware Basin Development

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