Geopolitics Alpha

Devon Energy Posts $2 Billion in Free Cash Flow as Buybacks Accelerate

Published . Updated .

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ENERGYDevon Energy Posts $2 Billion inFree Cash Flow as BuybacksAccelerateDVNGEOPOLITICS ALPHA

This report does not map to a usual set of affected companies.

Directly affected

  • DVN Devon Energy-9.8% 30d

    Named in this report.

Indirectly affected

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR holds the energy sector that Devon Energy belongs to, so it often moves with news about it.

  • CNQ Canadian Natural Resources+4.7% 30d

    Canadian Natural Resources is a peer of Devon Energy in crude petroleum and natural gas; rivals often move on the same news.

  • E Eni S.p.A+5.2% 7d

    Eni S.p.A is a peer of Devon Energy in crude petroleum and natural gas; rivals often move on the same news.

  • EOG EOG Resources-1.0% 30d

    EOG Resources is a peer of Devon Energy in crude petroleum and natural gas; rivals often move on the same news.

  • OXY Occidental Petroleum+10.3% 18d

    Occidental Petroleum is a peer of Devon Energy in crude petroleum and natural gas; rivals often move on the same news.

  • FANG Diamondback Energy-3.3% 30d

    Diamondback Energy is a peer of Devon Energy in crude petroleum and natural gas; rivals often move on the same news.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
DVN+21.68%+11.11%baseafter closeafter closeafter closeafter close
XLE+13.47%+8.12%baseafter closeafter closeafter closeafter close
CNQ+14.75%+9.53%baseafter closeafter closeafter closeafter close
E+8.74%+4.72%baseafter closeafter closeafter closeafter close
EOG+14.25%+7.03%baseafter closeafter closeafter closeafter close
OXY+13.54%+7.23%baseafter closeafter closeafter closeafter close
FANG+18.13%+7.17%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Devon Energy Posts $2 Billion in Free Cash Flow as Buybacks Accelerate Crude Oil Prices Today | OilPrice.com

Source: Crude Oil Prices Today | OilPrice.com

Energy

CompanyWhenMoveStatus
CNQthree days earlier+9.53%final price
CNQfive days earlier+14.75%final price
DVNthree days earlier+11.11%final price
DVNfive days earlier+21.68%final price
Ethree days earlier+4.72%final price
Efive days earlier+8.74%final price
EOGthree days earlier+7.03%final price
EOGfive days earlier+14.25%final price
FANGthree days earlier+7.17%final price
FANGfive days earlier+18.13%final price
OXYthree days earlier+7.23%final price
OXYfive days earlier+13.54%final price
XLEthree days earlier+8.12%final price
XLEfive days earlier+13.47%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid the energy case looks

12 out of 100

“Devon Energy Posts $2 Billion in Free Cash Flow as Buybacks Accelerate” scores 12 out of 100. The score uses 1 sources.