Should You Buy Devon Energy Stock With Oil Prices Below $70 a Barrel?

Oil prices have bounced around quite a bit this year. WTI, the primary U.S. benchmark price, rose to over $85 per barrel at one point. However, it's currently down modestly for the year and was recently just below $70 a barrel. Crude oil pricing has a significant impact on the cash flows of oil producers like Devon Energy (DVN 0.82%). Here's a look at whether the current oil price affects the buy thesis for the oil stock.Offsetting the oil price declineDevon Energy generated $1.7 billion in operating cash f ...