Tuesday, April 12, 2022

DVN stock: My next purchase - DVN?

 

The commodities lifted energy equities, with coal stocks like Peabody (BTU), CONSOL (CEIX) and Alliance (ARLP) leading the sector higher. Oil-focused E&Ps like Devon (DVN), Continental (CLR) and Ovintiv (OVV) rallied 3%+ on the day. While natural gas names like EQT (EQT) and Southwestern (SWN) traded up 1-2%. 

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