Devon Energy: A Top Energy Rebound Play For 2025
Devon Energy(DVN) Seeking Alpha·2025-01-10 03:48
Devon Energy Performance - Devon Energy shares experienced a 23% decline in value last year, primarily due to falling energy prices [1] - The company has been expanding its operations in the Williston Basin by acquiring new acreage [1] Portfolio Focus - The portfolio is concentrated on high-risk, high-reward opportunities, particularly in the technology sector [1] - Key holdings include Bitcoin, Tesla, Google, Amazon, and Nvidia, reflecting a focus on companies with asymmetric long-term upside potential [1] Analyst Position - The analyst holds a beneficial long position in Devon Energy (DVN) and ExxonMobil (XOM) through stock ownership, options, or other derivatives [2]