Devon Energy DVN
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Devon Energy (DVN) Business Model and Operations Summary
Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 5,134 gross wells. Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.
Key Insights
Devon Energy (DVN) Core Market Data and Business Metrics
Latest Closing Price
$34.22Market Cap
$21.08 BillionAverage Daily Volume
9,072,130 Shares52-Week Range
$25.89-$49.35Price-Earnings Ratio
7.81Total Outstanding Shares
642.10 Million SharesCEO
Mr. Clay M. GasparTotal Employees
2,300Current Dividend
$0.24 Per Share QuarterlyIPO Date
September 30, 1988SIC Description
Crude Petroleum & Natural GasHeadquarters
333 W. Sheridan Avenue, Oklahoma City, OK, 73102