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$66.00 -1.44 (-2.14%)
1/8/2009 2:44 PM

Devon Energy Corp (DVN)

CAPS Rating:
*****

The Company including its subsidiaries, is engaged primarily in oil and gas exploration, development and production, the transportation of oil, gas and NGLs and the processing of natural gas.

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Avatar Mowgli87 (35.82) Submitted: 8/01/07 5:37 PM : Outperform Start Price: $78.18 DVN Score: 23.14

Their property in tertiary layers in the Mexican Gulf will probably give the value a second boost. The capitalization of the company is 20% less than a pure sale of their current reserves of 2,376 (end of 2006) MMBoes (Million barrels of oil equivalesnts, valuing the on-going concern negatively.

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