Market Overview

Benchmark Raises Net Asset Value on Devon Energy

Share:

Benchmark is raising its normalized ($70 per barrel, $6.00 per Mcf) net asset value per share estimate for Devon Energy (NYSE: DVN) by $2.25 “to approximately $149 based upon an increase in our valuation of the Company's high quality in-situ oil sands assets.”

Devon Energy closed Tuesday at $79.31.

 

Related Articles (DVN)

View Comments and Join the Discussion!

Posted-In: Benchmark devon energyAnalyst Ratings

Latest Ratings

StockFirmActionPT
TWTROppenheimerMaintains55.0
FBTruist SecuritiesMaintains310.0
AMZNBenchmarkMaintains4,000.0
GOOGLDeutsche BankMaintains2,250.0
FBWells FargoMaintains330.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com