Devon Energy as a Value Opportunity in the Energy Sector
-8.67%current return
"Im happy to see among the top names on my Bloomberg screen that Devon Energy is performing well. I recommend it and hold it as one of my favorite positions because it is a superbly well-run energy company, and the oil price right now is as cheap as it has been in the last 25 years, comparable only to 2000 and 2020."
— Tobias Carlisle
Devon Energy (ticker: DVN) is highlighted as a strong, well-managed energy company. The actionable part of the thesis is derived from the fact that oil prices are at 25-year lows, suggesting a reversal opportunity in the energy sector. This creates a buy signal on DVN with a value orientation in a historically undersold segment.
High ConvictionScore: 8.0
Stock Idea •Stansberry Investor Hour • 2 months ago