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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 LookingBeyond99 (< 20) Submitted: 8/25/06 6:52 PM : Outperform Start Price: $61.94 DVN Score: 38.90

This is a stock that has gotten hit along with natural gas. However if you think natural gas will rise as I think this is a good company to take advantage of it.

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Avatar LookingBeyond99 (< 20) Submitted: 3/16/07 2:13 PM

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It's been a while since I updated. I love this stock as a value play. I think in this range its a great buy. Saying that I don't expect a move up for a while and don't feel the need to rush in to buy. Overall be happy that the stock is not moving since it gives you opportunity.

I also don't foresee a collapse in oil or natural gas prices. Everyone continues to look for that to happen. Will prices weaken? Yes. Will they strengthen? Yes. I just can't play that game. Just remember buy on dips and sell into strength.

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