Devon Energy: The Best Opportunity In US Oil Today That I'm Buying
Summary
Devon Energy is a highly efficient, low-cost US oil and gas producer with strong growth, capital discipline, and proacti...
Devon Energy is a highly efficient, low-cost US oil and gas producer with strong growth, capital discipline, and proactive management amid volatile markets. Significant recent investments and acquisitions have driven record production, with capital efficiency and cost improvements supporting robust free cash flow even at lower oil prices. The company is undervalued versus peers, offers a ~10% total yield via buybacks and dividends, and is a potential acquisition target due to its attractive assets.