DVN
Moving with its group (XOP -1.2%)
- DVN −1.05% on the last session vs SPY +0.04%: −1.1 pts of stock-specific move.
- The oil & gas producers ETF (XOP) -1.2% (-1.3 pts vs SPY): the stock moved with its group.
- 3 analyst actions in the past 10 days (2 positive, 1 negative); latest: Barclays maintained Overweight, raised target $58.00 → $60.00.
- 2 insider or congressional trades in the past 30 days.
- Market backdrop (Today): Core PPI m/m 1.3% vs 0.3% expected (hotter); Core Retail Sales m/m 0.9% vs 0.6% expected (stronger); S&P futures -0.08%, 10-year yield -3bp in the 30 minutes after.
Bargain & stretch prices
Prices DVN only reaches with set odds, from its own recent swings. Odds, not a forecast.
| Today | Next 5 sessions | |
|---|---|---|
| Stretch sell side |
50.83 +1.8% reached 3 in 10 days |
51.98 +4.1% reached 3 in 10 weeks |
| Now | 49.40 · prior close 49.92 | |
| Bargain buy side |
49.02 -1.8% reached 3 in 10 days reached today |
47.94 -4.0% reached 3 in 10 weeks |
More patient or more eager
| Bargain | Reached | Stretch | Reached | |
|---|---|---|---|---|
| Today | ||||
| Patient | 48.74 | 2 in 10 days | 51.13 | 2 in 10 days |
| Balanced | 49.02 | 3 in 10 days | 50.83 | 3 in 10 days |
| Eager | 49.29 | 4 in 10 days | 50.55 | 5 in 10 days |
| Next 5 sessions | ||||
| Patient | 47.31 | 2 in 10 weeks | 52.67 | 2 in 10 weeks |
| Balanced | 47.94 | 3 in 10 weeks | 51.98 | 3 in 10 weeks |
| Eager | 48.53 | 4 in 10 weeks | 51.35 | 5 in 10 weeks |
"3 in 10 days" means the price was reached on about 3 of every 10 days like this one. Patient prices are further away and come less often; eager ones are closer and come more often. From DVN's daily swings (about 1.9% a day lately), anchored on the Oct 14 close. The odds were measured on 10 years of S&P 500 prices (they move about 3 points from year to year with the market: bargain prices come more often in falling years, stretch prices in rising ones), and where a situation below changed them consistently (in at least 8 of 10 years), they are adjusted and marked. In those tests, waiting for the bargain price did no better on average than buying at the close: what you save when it comes, you pay when it doesn't.
Situations on the Oct 14 close
Big drop and big gain: among DVN's own worst or best 10% of daily moves, as on the Aftermath tab. The past times are history: in our tests, how a stock did after its earlier times did not predict the next one, and across the S&P 500 none of these situations leaned up or down except, weakly, an all-time high followed by a big drop. Not advice.
Price ladder
| All-time closing high May 20, 2008 |
76.88 +55.6% |
| Highest analyst target | 68.00 +37.7% |
| Mean analyst target | 60.96 +23.4% |
| Stretch, next 5 sessions | 51.98 +5.2% |
| 52-week closing high Mar 27, 2026 |
51.37 +4.0% |
| Previous close Oct 14, 2026 |
49.92 +1.1% |
| Now | 49.40 |
| Bargain, next 5 sessions | 47.94 -3.0% |
| 50-day average | 47.65 -3.5% |
| 200-day average | 44.69 -9.5% |
| Lowest analyst target | 44.00 -10.9% |
| 52-week closing low Oct 17, 2025 |
30.95 -37.3% |
Closing prices (all-time = the 41 years Yahoo has). Percentages are the distance from now. These are levels people watch, not levels the price has to respect. Not advice.