Devon Energy Corp Receives Odd Option Exchanging Activities

OKLAHOMA, United States – Investors got 16,802 put options, making Devon Energy Corp the recipient of unusual activities on December 18, Wednesday.

The Devon Energy Corp received some odd option trading commotions on Wednesday. This incident happened after depositors attained put options worth 16,802. It’s a boost of about 1,290% compared to the usual everyday volume, which is 1,209 put options.

According to other related news, Jeremy D. Humphers, the CAO, traded shares Devon Energy Corp’s stock during a deal on December 2, Monday. The reported amount is 1,500 shares, and these were sold at an average cost of $22.01. Summing it up, it costs $33,015.00 of total value.

Succeeding the sale’s completion, the foremost accounting officer has 43,975 shares of Devon Energy Corp, and the value costs $967,889.75. The transaction was revealed in a legal filing, and it filed with the Securities and Exchange Commission. Moreover, insiders have 0.63% of the stocks of the company.

A significant number of depositors lately changed their stock holdings with Devon Energy Corp. Westside Investment Management Inc. bought a position in the company, which is at $45,000 in quarter-two. Usca Ria LLC acquired a new share in the company’s stock during the third quarter, which amounts to $29,000. Furthermore, North Star Investment Management Corp bought a new company share in quarter-three that’s worth $43,000.

Advisory Services Network LLC enlarged its holdings in Devon Energy Corp by 43.1% during quarter-two. This investor has 1,712 shares of the company after purchasing 516 shares more in quarter-three, which amounts to $48,000.

As for CSat Investment Advisory, L.P. upraised the Devon Energy Corp stake by 88.1% during the second quarter. This depositor has 1,738 shares after purchasing 814 shares in quarter-three. Hence, the value of its holding amounts to $49,000.

Summing up the total investments from various investors, Devon Energy Corp’s 87.83% of the stock is the property of these funders.

On November 5, Devon Energy Corp released its grossing results. It was reported that the company has $0.29 EPS during quarter-four, which topped the consensus evaluation of Thomson Reuters at $0.19 by $0.10. The company had an income worth $1.85 billion, compared to the $1.57 billion-expectation of the analyst. It also had a net margin rate of 16% and a yield on equity of 6.37%. Furthermore, it also posted an EPS worth $0.63, and it’s expected to have 1.26 EPS this present fiscal year.

Devon Energy Corp previously shared a quarterly dividend that will be settled on March 31. Furthermore, investors will be paid on March 13 with a profit of $0.09 each share.