Devon Energy Corp vs Direxion Daily TSLA Bull 2X Shares — how do they compare? Devon Energy Corp trades at $45.27 (market cap $49.94B), while Direxion Daily TSLA Bull 2X Shares trades at $8.35. The key difference: Devon Energy Corp pays a 2.82% dividend while Direxion Daily TSLA Bull 2X Shares pays none, and Devon Energy Corp is trading nearer its 52-week high, Direxion Daily TSLA Bull 2X Shares nearer its low. Which is the better fit depends on your goals.
| DVN | TSLL | |
|---|---|---|
Market Cap | $49.94B | — |
Sector | Energy | Leveraged / Inverse |
52-Week High | $52.07 | $23.03 |
52-Week Low | $31.74 | $6.74 |
Enterprise Value | $60.68B | — |
Dividend Yield | 2.82% | — |
Trailing returns across standard periods
Latest headlines on both assets
Devon Energy, based in Oklahoma City, is one of the largest independent exploration and production companies in North America. The firm's asset base is spread throughout onshore North America and includes exposure to the Delaware, STACK, Eagle Ford, Powder River Basin, and Bakken plays. At year-end 2021, Devon's proved reserves totaled 1.6 billion barrels of oil equivalent, and net production that year was 572 thousand boe/d, of which oil and natural gas liquids made up 74% of production, with natural gas accounting for the remainder.
Read more on DVN →TSLL provides 200% of the daily performance of Tesla, Inc. (TSLA). It uses swaps and financial derivatives to achieve its 2x leverage, making it a high-volatility tool for tactical trading rather than long-term investment due to daily resets.
Read more on TSLL →