In options markets, call contracts outnumber puts, indicating bullish bias among speculative traders. Opportunities abound beyond Devon Energy. Make your next portfolio move count with unique stock ideas curated by experts; you’ll kick yourself if you miss them now. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Devon Energy stock price climbed to $45.35 amid US inventory drawdowns reported by API. The tighter supply narrative has been a key driver for energy equities over the past week, offering tactical trade opportunities.