Wolfe Research downgraded Devon Energy (NYSE: DVN) from Outperform to Peerperform.

For an analyst ratings summary and ratings history on Devon Energy click here. For more ratings news on Devon Energy click here.

Shares of Devon Energy closed at $20.33 yesterday.

Downgrades

Devon Energy (DVN) Prices Upsized Offering at $18.75February 18, 2016 9:29 AM Devon Energy Corporation Prices Upsized Offering of Common StockFebruary 17, 2016 9:05 PM Devon Energy (DVN) Announces 55M Common Stock OfferingFebruary 17, 2016 4:08 PM Devon Energy Corporation Announces Offering of Common StockFebruary 17, 2016 4:08 PM Devon Energy (DVN) Tops Q4 EPS by 6c, Lowers Dividend, Cuts WorkforceFebruary 16, 2016 4:21 PM Devon Energy (DVN) Lowers Quarterly Dividend 75% to $0.06; 1.1% YieldFebruary 16, 2016 4:17 PM Devon Energy Reports Fourth-Quarter and Full-Year 2015 Results; Provides 2016 Capital and Production OutlookFebruary 16, 2016 4:15 PM