DVN Stock Forecast: Geopolitical Transformation in the Energy Market

March 21, 2022
Yuxiao YangThis DVN Stock Forecast article was written by Yuxiao Yang – Financial Analyst at I Know First.

Summary:

  • The merge with WPX resulted in a 31 percent improvement in Devon's cost structure.
  • The current high price in the Oil & Gas market will boost DVN's revenue even without increasing in production.
  • The Piotroski F-Score and price ratios provide a positive outlook for DVN’s stocks.

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