In today's video, Paul and Matt discuss Devon Energy, an energy stock they're buying today. Devon has a strong balance sheet, plenty of liquids production, returns-focused management, and sizable resource potential, all things to look for in an oil and gas producer. At just four times cash flow, Devon boasts all these traits and trades at a discount. With plenty of opportunities to invest the cash flow thrown off by its assets, Devon has plenty of room to grow its cash flow even further in the future. Watch the video for the full details.
- Sep 9, 2012 at 12:00AM