NYSE:BNO

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At Close: Jun 08, 2026

Devon Energy: Creating Value With Low Oil Prices

04:19am, Thursday, 12'th Jun 2025
I am rating Devon Energy with a Buy and a $40 price target based on historical valuations of a 4.8x EV/EBITDA multiple, assuming an average realized oil price of $62. Devon is generating value by redu
Various factors, including the start of summer driving season, have likely driven a recent crude spike.
UAE oil giant ADNOC has joined the fray of firms said to be circling some of BP's highly prized assets. A protracted period of underperformance relative to its industry peers has thrust BP into the sp
WTI crude eases after hitting $68.75 as supply fears and Fed rate cut bets drive oil and gas market volatility.
WTI crude oil hits strong resistance at $69 amid escalating geopolitical tensions, while natural gas consolidates above $3.
Oil prices edged higher on Thursday to their highest in more than two months, after U.S. President Donald Trump said U.S. personnel were being moved out of the Middle East, which raised fear that esca
Oil prices rose as a U.S.-China trade deal and soft inflation report boosted demand expectations while concerns about political instability in the Middle East sparked fears of supply disruptions.
Crude oil shows bullish continuation potential, targeting $68.98, despite today's bearish candlestick hinting at a possible short-term pullback from recent breakouts.
Francisco Blanch, Bank of America head of global commodities, joins 'Closing Bell Overtime' to talk rising commodity prices including crude oil and aluminum.
The U.S. is preparing a partial evacuation of its embassy in Iraq due to heightened security risks in the region, sources told Reuters.
U.S. – China trade deal provided significant support to oil markets.
Gasoline inventories increased by 1.5 million barrels from the previous week.
The crude oil market continues to see a lot of buyers, as the markets are now reacting to the news that Trump claims there is a US/China deal done, awaiting signatures from both Presidents. At this po
Crude oil prices climb as WTI nears 200-day MA, backed by tight inventories, OPEC output, and rising geopolitical risks. Bullish oil outlook holds.
Crude oil slips below $65 while Brent holds $66. Geopolitical risks and supply outlook weigh on energy market sentiment.
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