- Devon Energy is like jumping in with both feet
Devon Energy operates exclusively in the upstream segment of the energy sector. That means that it produces oil and natural gas. There are very big implications in this focus, the most notable being that Devon's top and bottom lines are almost entirely dependent on the price of the commodities it sells. Don't underestimate how much effect this can have on the company's stock price, financial performance, and dividend. Oil and natural gas are known for their dramatic, and often swift, price swings.
https://www.fool.com/investing/2024/10/06/3-top-energy-stocks-to-buy-in-october/