Devon Energy (DVN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
High-yield dividend stocks can be sources of passive income no matter what the stock market is doing. Many high-yield savings accounts now offer interest rates of more than 4%, which creates a real opportunity cost for investing in stocks that simply didn't exist when interest rates were close to 0%. Devon Energy (NYSE: DVN), Mativ Holdings (NYSE: MATV), and Kinder Morgan (NYSE: KMI) are dividend stocks that not only have significantly higher yields than the risk-free rate, but have growing businesses that could drive share price appreciation, too.
Murphy Oil's (MUR) fourth-quarter earnings per share are better than expected. The company continues to lower its debt level, strengthening its balance sheet.