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$67.44 -2.93 (-4.16%)
1/7/2009 4:03 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 4thRockFool (< 20) Submitted: 7/29/08 10:58 AM : Outperform Start Price: $91.13 DVN Score: 1.45

25% plus correction based on temporary decline in oil prices presents buying opportunity. Trading at p/e below 12. Does anyone really believe oil and gas prices will be lower in 2-4 years?

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