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Added to YB: 2025-02-17

Pitch date: 2025-01-08

DVN [bullish]

Devon Energy Corporation

+5.71%

current return

Author Info

No bio for this author

Company Info

Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States.

Market Cap

$23.4B

Pitch Price

$35.49

Price Target

N/A

Dividend

2.58%

EV/EBITDA

3.86

P/E

8.78

EV/Sales

1.86

Sector

Oil, Gas and Consumable Fuels

Category

value

Show full summary:
The GoodHaven Fund Added On Portfolio Holding: Devon Energy Corporation

DVN (added): Detractor despite solid results & Grayson Mill acquisition. <8x fwd FCF. Added to position on dip. CEO retiring, COO taking over. Historically strong capital allocation. Increased share repurchases. Upside potential remains.

Read full article (1 min)