Devon Energy Aktie News

These five stocks could hardly be more different, but they have one important thing in common: All look like great buys in October 2023. From retail to biotech, these stocks showcase their resilience and strategic adaptability amid unpredictable market fluctuations.

Devon Energy is an onshore U.S. energy producer. The company's top and bottom lines are directly affected by volatile oil and natural gas prices.

Devon Energy expects its capital spending to decline next year, driven by lower capital costs. Occidental Petroleum plans to hold its production flat since OPEC drives the current market imbalance.

If the price of oil increases, then this company's dividend is likely to follow. Enphase Energy is a renewable energy business that generates impressive free cash flow.

The 2022 bear market saw oil stocks shining due to rising oil prices spurred by inflation and geopolitical events. However, 2023 has seen oil prices halve from their 2022 highs, impacting oil stocks negatively.

“Value ranking, looks at the price of a stock relative to. intrinsic firm value. Graham Value Stocks match the criteria . Benjamin Graham followed. “—YCharts Value Screener. 66 August Value large caps and Graham formula-derived results reflect established value-stock detection-criteria. Of those, 56 met the dogcatcher-outrageous-ideal of dividends from $1K invested exceeding single-share-stock-...

ConocoPhillips is the safest way to play the oil and gas market. Despite the recent dividend cut, Devon Energy is still attractive for income-seeking investors.

Energy stocks are getting stronger as oil prices gush higher. Granted, 2023 didn't begin as strongly for the sector with prices cooling.