Today, Fool.com energy analyst Joel South looks at one energy stock trading at a deep discount: Devon Energy.
Joel believes the company is deeply undervalued, trading at less than 5 times EV/EBITDA. He also argues that it has very strong management, a healthy balance sheet, and a solid credit rating.
Overall, Joel thinks Devon has huge advantages over other energy peers such as Chesapeake Energy or Enerplus.
The article 1 Energy Stock That's an Incredible Value Today originally appeared on Fool.com.
Joel South and Taylor Muckerman have no positions in the stocks mentioned above. The Motley Fool owns shares of Devon Energy and has options on Chesapeake Energy. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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