Why These 5 Stocks Are on the Move on Thursday

3. Devon Energy Corporation (NYSE:DVN) has rallied 5% given the increase in WTI and natural gas prices. As of late morning, crude oil WTI futures are up around 1.15% and natural gas futures are up 1.23%. Given it produces a lot of oil, Devon Energy Corporation (NYSE:DVN)’s financials are affected by the change in oil prices.

The number of elite funds that we track that were long Devon Energy Corporation (NYSE:DVN) decreased by 2 from the prior quarter to 50 at the end of Q2.