Devon Energy Corporation DVN

Demand for oil will weaken as the economy slows down!

Bought another 3k worth for 60 shares! Love the future dividends with oil at 90/barrel

It’s only a matter of time…breakout coming! Dvn long

What’s the dividend?

Come to $HCTI it’s about to blow ????????110% above.36-38 don’t miss it

$DVN who stated dividend cut? Not what was in their earnings report.

Clearly stated “ With this strong free cash flow, we will continue to prioritize the funding of our dividend, which includes an 11% hike to our fixed dividend payout beginning in March.”

Just so we are all aware…

The FIXED dividend was increased by 0.02/share.

The VARIABLE dividend was lowered by almost 50% compared to middle of last 2022 so QoQ the dividend yield is down.

.89/share total dividend

$DVN the Fed (and the DEVOS people) demand a global recession. They want high unemployment, loss of jobs….all of it equates to lower demand. OPEC+ needs to cut the hell out of pumping and force oil demand to be equal to output. The good news is when the economy recovers, demand will be sky high and oil will surge upwards. I don’t see $60 oil, rather 80’s until demand pushes it well above $100-$150.

$DVN interesting. PT means nothing. Its all up to the price of oil.