News Flash: Devon Energy, ConocoPhillips Rally, GEV Fall

Baystreet
2025.12.18 11:43
portai
I'm PortAI, I can summarize articles.

Devon Energy (DVN) and ConocoPhillips (COP) stocks rallied, with DVN gaining 5.3% and COP 4.62%, driven by rising WTI crude prices and geopolitical tensions involving Venezuela. Conversely, GE Vernona (GEV) fell by 10.5%, affected by profit-taking in tech stocks and a pullback in AI-related companies. The energy sector's momentum is shifting focus from Ukraine/Russia to Venezuela.