Devon Trades at a Discount to Industry: How to Play the Stock?

Devon Energy Corporation (DVN) is currently trading at a discount relative to its industry based on its trailing 12-month Enterprise Value to EBITDA (EV/EBITDA TTM) basis. With a valuation of 3.45X, it is lower than the Zacks Oil and Gas - Exploration and Production - United States industry average of 10.18Xand is trading below its five-year median of 4.22X.DVN has a multi-basin portfolio and focuses on high-margin assets that hold significant long-term growth potential. Devon Energy also has a diverse comm ...