Devon Energy Corp (DVN): Today's Featured Energy Winner

Devon Energy ( DVN) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole was unchanged today. By the end of trading, Devon Energy rose $0.77 (1.5%) to $53.05 on average volume. Throughout the day, 3,170,529 shares of Devon Energy exchanged hands as compared to its average daily volume of 3,411,600 shares. The stock ranged in a price between $52.29-$53.10 after having opened the day at $52.31 as compared to the previous trading day's close of $52.28. Other companies within the Energy industry that increased today were: PrimeEnergy ( PNRG), up 18.1%, Samson Oil & Gas ( SSN), up 11.5%, PostRock Energy ( PSTR), up 10.3% and Tenaris ( TS), up 9.1%.

Devon Energy Corporation, an independent energy company, engages primarily in exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs). Devon Energy has a market cap of $21.1 billion and is part of the basic materials sector. Shares are up 0.5% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Devon Energy a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Devon Energy as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.

On the negative front, Linn Energy ( LINE), down 18.7%, LinnCo ( LNCO), down 16.6%, BMB Munai ( BMBM), down 13.8% and BreitBurn Energy Partners ( BBEP), down 12.1% , were all laggards within the energy industry with Phillips 66 ( PSX) being today's energy industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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