BHP Stock – Devon Energy Corp. stock underperforms Wednesday when compared to competitors
Shares of Devon Energy Corp.
slipped 2.98% to $29.93 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.18% to 4,219.55 and Dow Jones Industrial Average
falling 0.44% to 34,447.14. This was the stock’s third consecutive day of losses. Devon Energy Corp. closed $2.06 short of its 52-week high ($31.99), which the company reached on June 7th.
The stock underperformed when compared to some of its competitors Wednesday, as BHP Group Ltd. ADR
fell 2.09% to $74.42, ConocoPhillips
fell 1.31% to $59.68, and EOG Resources Inc.
fell 1.81% to $85.81. Trading volume (9.7 M) remained 1.3 million below its 50-day average volume of 11.0 M.