DVN Stock Up 6.6% after 5-Day Win Streak

DVN: Devon Energy logo
DVN
Devon Energy

Devon Energy (DVN) stock hit day 5 of a continuous streak of days with gains, with cumulative gains over this period amounting to a 6.6% return. The company has gained about $1.5 Bil in value over the last 5 days, with its current market capitalization at about $23 Bil. The stock remains 10.8% above its value at the end of 2024. This compares with year-to-date returns of 9.5% for the S&P 500.

DVN is an independent energy company operating over 5,100 wells, founded in 1971 and headquartered in Oklahoma City. After this rally, is DVN still a buy – or is it time to lock in gains? Deep dive with Buy or Sell DVN.

Comparing DVN Stock Returns With The S&P 500

The following table summarizes the return for DVN stock vs. the S&P 500 index over different periods, including the current streak:
 

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Return Period DVN S&P 500
1D 1.7% -0.4%
5D (Current Streak) 6.6% -0.2%
1M (21D) 8.6% 0.8%
3M (63D) 15.6% 11.0%
YTD 2025 10.8% 9.5%
2024 -25.2% 23.3%
2023 -21.8% 24.2%
2022 50.8% -19.4%

 
What is the point? Momentum often precedes conviction. A multi-day win streak can signal growing investor confidence or spark follow-on buying. Tracking such trends can help you ride the strength, or prepare for a well-timed entry if momentum fades. However, big gains can follow sharp reversals – but how has DVN behaved after prior drops? See DVN Dip Buyer Analysis to learn more.

Gains and Losses Streaks: S&P 500 Constituents

There are currently 33 S&P constituents with 3 days or more of consecutive gains and 35 constituents with 3 days or more of consecutive losses.
 

Consecutive Days # of Gainers # of Losers
3D 16 29
4D 11 3
5D 3 3
6D 3 0
7D or more 0 0
Total >=3 D 33 35

 
 
Key Financials for Devon Energy (DVN)

Last 2 Fiscal Years:

Metric FY2023 FY2024
Revenues $15.3 Bil $15.9 Bil
Operating Income $4.9 Bil $4.1 Bil
Net Income $3.7 Bil $2.9 Bil

Last 2 Fiscal Quarters:

Metric 2025 FQ1 2025 FQ2
Revenues $4.5 Bil $4.3 Bil
Operating Income $1.1 Bil $981.0 Mil
Net Income $494.0 Mil $899.0 Mil

 
While DVN stock looks attractive given its winning streak, investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.