Published on 15 Mar 2024 on Simply Wall St. via Yahoo Finance
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But when you pick a company that is really flourishing, you can make more than 100%. For instance the Devon Energy Corporation (NYSE:DVN) share price is 114% higher than it was three years ago. That sort of return is as solid as granite. And in the last month, the share price has gained 14%. This could be related to the recent financial results that were recently released - you could check the most recent data by reading our company report.
On the back of a solid 7-day performance, let's check what role the company's fundamentals have played in driving long term shareholder returns.
Check out our latest analysis for Devon Energy