Why Devon Energy is a Win

Updated

In this video, Motley Fool Energy Analyst Joel South takes a look at everything that's going right for Devon Energy (NYS: DVN) . He explores the company's recent transition into the oil sector, and its major refocusing on the North American shales. He also takes a look at Devon's balance sheet, and shows us how having a huge amount of liquid cash and low debt means a lot of options for a company in terms of growth and benefits for shareholders. Finally, he tells us how some of Devon's upcoming joint ventures for production and exploration reduce costs, lower risks, and mean smart growth for the company.

There are many different ways to play the energy sector, and our analysts have uncovered an under-the-radar company that's dominating its industry. This company is a leading provider of equipment and components used in drilling and production operations, and poised to profit in a big way from it. To get the name and detailed analysis of this company that will prosper for years to come, check out our special free repo, "The Only Energy Stock You'll Ever Need." Don't miss out on this limited-time offer and your opportunity to discover this under-the-radar company before the market does. Click here to access your report -- it's totally free.


The article Why Devon Energy is a Win originally appeared on Fool.com.

Joel South owns shares of SandRidge Energy. Taylor Muckerman has no positions in the stocks mentioned above. The Motley Fool owns shares of Devon Energy and ExxonMobil and has the following options: long JAN 2013 $16.00 calls on Chesapeake Energy, long JAN 2013 $16.00 calls on Chesapeake Energy, long JAN 2013 $25.00 calls on Chesapeake Energy, long JAN 2014 $20.00 calls on Chesapeake Energy, long JAN 2014 $20.00 calls on Chesapeake Energy, long JAN 2014 $30.00 calls on Chesapeake Energy, long JAN 2014 $30.00 calls on Chesapeake Energy, and short JAN 2014 $15.00 puts on Chesapeake Energy. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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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