Devon Energy: Disciplined Approach

GlobalStock After a brutal start to the year, Devon Energy (NYSE:DVN) has finally bounced following solid earnings. The domestic energy company has become a cash flow machine returning lots of capital to shareholders, making the stock appealing to buy on weakness considering the volatile energy sector. My investment thesis is ultra Bullish on the energy company at this valuation.   Source: Finviz Improved Efficiency While Devon Energy grew oil volumes 8% in 2023 to 317 m/bod, the company actually cut ca ...