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Actionable news in DVN: DEVON ENERGY CORPORATION,

Devon Energy (DVN) Stock Sliding on Lower Oil Prices

NEW YORK (TheStreet) -- Shares of Devon Energy Corp. (DVN - Get Report) are dropping 3.55% to $33.95 on Monday afternoon as oil prices trade in the red.

Crude oil (WTI) is slumping 1.55% to $43.05 per barrel and Brent crude is down 0.78% to $44.76 per barrel this afternoon.

Oil prices are falling after market intelligence firm Genscape said stockpiles at the Cushing, OK delivery hub climbed by almost 1.55 million barrels last week, according to people who received the private report, the Wall Street Journal said.

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