Jefferies analyst Lloyd Byrne maintains $Devon Energy (DVN.US)$ with a hold rating, and adjusts the target price from $54 to $45.
According to TipRanks data, the analyst has a success rate of 55.5% and a total average return of 21.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Devon Energy (DVN.US)$'s main analysts recently are as follows:
Estimates within the integrated oil and exploration and production sector have been adjusted to accommodate a decrease in oil price forecasts for the years ahead. Despite the recent downturn in the sector, it is suggested that the potential benefits outweigh the risks for stocks, given that company fundamentals and operational momentum are reported to be strong.
The resumption of coverage on Devon Energy noted that the completion of the Grayson Mill acquisition brings additional layers to Devon's Bakken position and is expected to contribute positively to free cash flow as development activities are fine-tuned. The market's attention is largely on the Delaware's longevity and outcomes from its core play, yet the expanded Bakken presence is acknowledged as a beneficial move.
The exploration and production group had their estimates modified to reflect updated commodity price decks and investment perspectives. With long-term oil and gas price expectations set at $80 for Brent and $3.50 for Henry Hub, there's potential for sustained capital efficiency through 2025 if operational efficiency gains continue and service costs further decline. This could counterbalance the effects of resource maturity.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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富瑞集團分析師Lloyd Byrne維持$戴文能源 (DVN.US)$持有評級，並將目標價從54美元下調至45美元。
根據TipRanks數據顯示，該分析師近一年總勝率為55.5%，總平均回報率為21.9%。
此外，綜合報道，$戴文能源 (DVN.US)$近期主要分析師觀點如下：
對綜合石油和勘探與生產部門的估計進行了調整，以適應未來幾年油價預測的下降。儘管該行業最近出現低迷，但鑑於據報道公司基本面和運營勢頭強勁，有跡象表明，股票的潛在收益大於風險。
德文能源公司的恢復報道指出，對格雷森磨坊的收購的完成爲德文郡的巴肯地位帶來了額外的保障，隨着開發活動的微調，預計將爲自由現金流做出積極貢獻。市場的注意力主要集中在特拉華州的壽命及其核心業務的業績上，但擴大Bakken的業務被認爲是一個有益的舉動。
勘探和生產小組修改了估計，以反映最新的大宗商品價格和投資前景。布倫特原油的長期石油和天然氣價格預期爲80美元，Henry Hub的長期石油和天然氣價格預期爲3.50美元，如果運營效率持續提高和服務成本進一步下降，則有可能在2025年之前實現持續的資本效率。這可以抵消資源成熟度的影響。
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TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
