Devon Energy stock nears 52-week high as call options heat up and oil turns lower

Devon Energy shares closed up 2.93% at $37.92 on Wednesday, putting the U.S. shale producer within roughly 2.5% of its 52-week high. About 16.7 million shares traded, a busy day for a stock that has been churning with crude headlines.

Oil prices tumble 4% on Trump Iran remarks, putting Exxon and Chevron in focus premarket

Oil prices tumble 4% on Trump Iran remarks, putting Exxon and Chevron in focus premarket

Oil prices fell more than 4% on Thursday after U.S. President Donald Trump said killings of protesters in Iran were ending, cooling fears of U.S. military action that could disrupt supply. Brent, the global benchmark, was down $2.84, or 4.27%, at $63.68 a barrel, while U.S. West Texas Intermediate fell $2.68, or 4.32%, to $59.34 by 1012 GMT.
Chevron stock rises on report U.S. may widen Venezuela license as earnings near

Chevron stock rises on report U.S. may widen Venezuela license as earnings near

Chevron Corp shares climbed 2.1% to $167.24 in after-hours trading Wednesday following a Reuters report that the U.S. is set to broaden the oil giant’s Venezuela license this week. The expanded waiver could allow Chevron to boost production and exports from its joint ventures, which now stand at roughly 240,000 barrels per day, and might also enable trading some crude from state-owned PDVSA, according to three sources in the oil industry.
Chevron stock edges higher after-hours as Venezuela crude shift puts CVX in focus

Chevron stock edges higher after-hours as Venezuela crude shift puts CVX in focus

Chevron Corp shares climbed 0.9% to $163.87 in after-hours trading Tuesday, as sources revealed the oil giant plans to process Venezuelan crude at its Pasadena, Texas, and Pascagoula, Mississippi refineries. The timing for the crude shipments remains unclear, according to the insiders. During the session, CVX shares fluctuated between $162.53 and $166.13.
Vistra stock in focus as VST prices $2.25 billion notes; analysts cite Meta nuclear deal

Vistra stock in focus as VST prices $2.25 billion notes; analysts cite Meta nuclear deal

Shares of Vistra Corp nudged up 0.2% to $172.95 on Tuesday, following the announcement that the power producer priced $2.25 billion in senior secured notes. The move aims to back its planned acquisition of Cogentrix. Vistra's stock fluctuated between $170.85 and $177.76 during the session. The newly issued notes, maturing in 2031 and 2036, carry interest rates of 4.700% and 5.350%, respectively, with a closing date set for Jan. 22, according to the company.
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US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Kodiak Gas Services

NYSE:KGS • Energy infrastructure 88/100 • ★★★★☆
#2 STRONG BUY

Neurocrine Biosciences

NASDAQ:NBIX • Healthcare 87/100 • ★★★★☆
#3 STRONG BUY

Alphabet Class A

NASDAQ:GOOGL • Communication services 85/100 • ★★★★☆
#4 BUY ON WEAKNESS

Applied Materials

NASDAQ:AMAT • Semiconductor equipment 84/100 • ★★★★☆
#5 ACCUMULATE

JPMorgan Chase

NYSE:JPM • Financials 80/100 • ★★★★☆
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Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Consumer Confidence • 10:00 ET

A large surprise can reset expectations for household spending and near-term growth, with read-through to Treasuries, USD and cyclical stocks.

#2

New Home Sales • 10:00 ET

Housing remains highly rate-sensitive; the print can move homebuilders, mortgage-sensitive names and the long end of the Treasury curve.

#3

Intuit earnings • After close

Guidance can influence software multiples and sentiment around U.S. small-business activity.

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Times and estimates may change. Verify before trading.