3 Reasons to Buy Devon Energy Stock Like There's No Tomorrow

With an almost 28% decline in 2024, Devon Energy (DVN 2.39%) is a stock that fell out of favor with the market. The sell-off has arguably been overdone, as the price of oil spent much of last year trading with a $70 per barrel handle and trades at almost $75 per barrel at the time of this writing. Meanwhile, Devon Energy strengthened its business through 2024, and the stock is now looking like a great value. Here are three reasons why.A good value oil and gas stockDevon's $5 billion deal to acquire Grayson ...