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.
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