Devon Energy Corp. Stock Slides 5.6%, Outperforms Peers
Dow Jones2026/09/16 20:33This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Devon Energy Corp. slid 5.6% to $48.44 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.4% to 7,551.81 and Dow Jones Industrial Average falling 1.2% to 51,461.90.
Devon Energy Corp. closed 8.1% below its 52-week high of $52.71, which the company achieved on March 30th.
Despite its losses, the stock outperformed some of its peers, as EOG Resources Inc. fell 5.7% to $144.93, Occidental Petroleum Corp. fell 6.5% to $59.36, and Diamondback Energy Inc. fell 8.03% to $194.54.
Trading volume totaled 14.6 million, compared to the 50-day average of 10.6 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
September 16, 2026 16:33 ET (20:33 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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